Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+0.24%
$32.80
100% positive prob.
5-Day Prediction
+3.28%
$33.79
100% positive prob.
20-Day Prediction
+4.15%
$34.08
95% positive prob.
SEC 8-K filings with transcript text
Jan 29, 2026 · 100% conf.
1D
+0.24%
$32.80
Act: +1.31%
5D
+3.28%
$33.79
Act: +8.34%
20D
+4.15%
$34.08
Act: +2.35%
uvsp-202601280000102212FALSE00001022122026-01-282026-01-28
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 28, 2026
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 28, 2026, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2025 fourth quarter and full year earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 28, 2026
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
January 29, 2026
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 28, 2026
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Oct 23, 2025
uvsp-202510220000102212FALSE00001022122025-10-222025-10-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 22, 2025
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On October 22, 2025, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2025 third quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 22, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
October 23, 2025
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 22, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jul 24, 2025
uvsp-202507230000102212FALSE12/3100001022122025-07-232025-07-23
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 23, 2025
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On July 23, 2025, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2025 second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On July 23, 2025, the Board of Directors of the Corporation amended the Corporation's Bylaws to clarify the existing plurality voting standard to be used in the annual election of directors. A copy of the Amended and Restated Bylaws is filed as Exhibit 3.2 hereto and is incorporated herein by reference.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
3.2Bylaws of Univest Financial Corporation, as amended effective July 23, 2025
99.1 Press release issued by Univest Financial Corporation on July 23, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
July 24, 2025
Exhibit No. Description of Document
3.2Bylaws of Univest Financial Corporation, as amended effective July 23, 2025
99.1 Press release issued by Univest Financial Corporation on July 23, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Apr 24, 2025
uvsp-202504230000102212FALSE00001022122025-04-232025-04-23
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 23, 2025
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On April 23, 2025, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2025 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 23, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
April 24, 2025
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 23, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jan 23, 2025
uvsp-202501220000102212FALSE00001022122025-01-222025-01-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 22, 2025
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 22, 2025, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2024 fourth quarter and full year earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 22, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
January 23, 2025
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 22, 2025
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Oct 24, 2024
uvsp-202410230000102212FALSE00001022122024-10-232024-10-23
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 23, 2024
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On October 23, 2024, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2024 third quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 23, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
October 24, 2024
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 23, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jul 25, 2024
uvsp-202407240000102212FALSE00001022122024-07-242024-07-24
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 24, 2024
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On July 24, 2024, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2024 second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On July 24, 2024, the Board of Directors of the Corporation appointed Domenick A. Cama to serve as an Alternate Director of the Corporation, effective August 1, 2024, and to serve as a Class I Director, effective October 1, 2024. Mr. Cama's term as an Alternate Director will end upon his appointment as a Class I Director effective October 1, 2024. Mr. Cama's term as a Class I Director will expire at the 2027 annual shareholders meeting. Prior to his appointment as an Alternate Director to the Corporation's Board of Directors, Mr. Cama most recently served as the President of the NYC Metro and New Jersey Market for Citizens Financial Group until his retirement in 2024. Prior to Investor's acquisition by Citizens Financial Group in 2022, Mr. Cama was the President and Chief Operating Officer of Investors Bancorp and Investors Bank since 2008 and a member of the Board of Directors of Investors Bancorp and Investors Bank since 2011. Mr. Cama also served as Investors Bank's Chief Financial Officer from 2003-2008. During his tenure as CFO, Mr. Cama had primary responsibility for the Company’s successful conversion to a publicly traded stock company. Mr. Cama currently serves on the boards of Catholic Charities of Brooklyn and Queens and the Cathedral Club of Brooklyn. Mr. Cama holds a Bachelor’s degree in Economics and a Master’s degree in Finance from Pace University.
On July 24, 2024, the Board of Directors of the Corporation appointed Anne Vazquez, who is presently serving as an Alternate Director of the Corporation, as a Class III director, effective October 1, 2024. Ms. Vazquez's term will expire at the 2026 annual shareholders meeting.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on July 24, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
July 25, 2024
Ex
Apr 25, 2024
uvsp-202404240000102212FALSE00001022122024-04-242024-04-24
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 24, 2024
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On April 24, 2024, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2024 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 24, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
April 25, 2024
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 24, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jan 25, 2024
uvsp-202401240000102212FALSE00001022122024-01-242024-01-24
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 24, 2024
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 24, 2024, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2023 fourth quarter and full year earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 24, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
January 25, 2024
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 24, 2024
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Oct 26, 2023
uvsp-202310250000102212FALSE00001022122023-10-252023-10-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 25, 2023
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On October 25, 2023, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2023 third quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On October 25, 2023, the Board of Directors of the Corporation appointed Anne Vazquez to serve as an Alternate Director of the Corporation, effective December 1, 2023, with a term expiring at the 2024 annual shareholders meeting. Ms. Vazquez is currently a General Partner at NewSpring Capital, LLC and NewSpring Mezzanine Capital. Ms. Vazquez has served NewSpring Capital, LLC in various capacities since 2008, including serving on the board of various portfolio companies. Ms. Vazquez was previously a Senior Analyst on the Financial Analysis Compliance Team for a private equity and global asset management firm. Ms. Vazquez also held various positions for KPMG, LLP, including Senior Associate in the Assurance Practice. Ms. Vazquez currently serves on the Board of Trustees for Notre Dame Academy de Namur and Holy Child School at Rosemont. Ms. Vazquez also serves on the Board of Directors for Association of Corporate Growth Philadelphia Chapter. Ms. Vazquez holds a MSAT from Villanova University and a BS for the University of Rhode Island.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 25, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
October 26, 2023
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on October 25, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jul 27, 2023
uvsp-202307260000102212FALSE00001022122023-07-262023-07-26
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 26, 2023
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On July 26, 2023, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2023 second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
On July 26, 2023, the Board of Directors of the Corporation appointed Martin P. Connor, who is presently serving as an Alternate Director of the Corporation, as a Class III director. Mr. Connor's term will expire at the 2025 annual shareholders meeting.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on July 26, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
July 27, 2023
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on July 26, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Apr 27, 2023
uvsp-202304260000102212FALSE00001022122023-04-262023-04-26
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 26, 2023
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On April 26, 2023, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2023 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 26, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
April 27, 2023
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 26, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jan 26, 2023
uvsp-202301250000102212FALSE00001022122023-01-252023-01-25
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 25, 2023
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 25, 2023, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2022 fourth quarter and full year earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 25, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
January 26, 2023
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 25, 2023
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Oct 27, 2022
uvsp-202210260000102212FALSE00001022122022-10-262022-10-26
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 26, 2022
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On October 26, 2022, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2022 third quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 26, 2022, the Corporation and the Bank (collectively, the “Employer”) entered into change in control agreements with each of Jeffrey M. Schweitzer, President and Chief Executive Officer of the Corporation and the Bank, Michael S. Keim, Senior Executive Vice President and Chief Operating Officer of the Corporation and President of the Bank, Brian J. Richardson, Senior Executive Vice President and Chief Financial Officer of the Corporation and the Bank, and Megan D. Santana, Senior Executive Vice President and Chief Risk Officer and General Counsel of the Corporation and the Bank (collectively, the “Agreements”).
The Agreements contain substantially similar terms that replace and supersede the change in control agreements previously entered into with the executives. The initial term of the Agreements ends on December 31, 2023. The term then automatically renews as of each January 1st for an additional year, unless either party provides the other with notice of non-renewal. However, if either the Corporation or the Bank enter into a transaction that would constitute a change in control, as defined in the Agreements, the term of the Agreements will automatically extend so that it ends no sooner than two years following the effective date of the change in control.
Under the Agreements, in the event that the executive’s employment is terminated within nine months prior to or one year subsequent to a “change in control” either by the Corporation for a reason other than “cause” (as defined in the Agreements) or by the executive after the occurrence of certain specified events constituting “good reason,” the Employer will pay the executive a lump-sum cash payment equal to the sum of (i) two times the executive’s highest annual base salary in effect at the time of the termination of employment for the current and two preceding calendar years and (ii) two times the executive’s average cash bonus paid for the current and two calendar years preceding termination of employment. In addition, the executive will receive continuing medical insurance benefits for two years, or a cash payment equal to the cost to obtain such benefits.
The specified events constituting “good reason” permitting an executive to terminate employment in connection with a change in control and receive payments or benefits under
Jul 28, 2022
uvsp-202207270000102212FALSE00001022122022-07-272022-07-27
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 27, 2022
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On July 27, 2022, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2022 second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 27, 2022, the Corporation and the Bank (collectively, the “Employer”) entered into change in control agreements with each of Jeffrey M. Schweitzer, President and Chief Executive Officer of the Corporation and the Bank, Michael S. Keim, Senior Executive Vice President and Chief Operating Officer of the Corporation and President of the Bank, Brian J. Richardson, Senior Executive Vice President and Chief Financial Officer of the Corporation and the Bank, and Megan D. Santana, Senior Executive Vice President and Chief Risk Officer and General Counsel of the Corporation and the Bank (collectively, the “Agreements”).
The Agreements contain substantially similar terms that replace and supersede the change in control agreements previously entered into with the executives. The initial term of the Agreements ends on December 31, 2022. The term then automatically renews as of each January 1st for an additional year, unless either party provides the other with notice of non-renewal. However, if either the Corporation or the Bank enter into a transaction that would constitute a change in control, as defined in the Agreements, the term of the Agreements will automatically extend so that it ends no sooner than two years following the effective date of the change in control.
Under the Agreements, in the event that the executive’s employment is terminated within nine months prior to or one year subsequent to a “change in control” either by the Corporation for a reason other than “cause” (as defined in the Agreements) or by the executive after the occurrence of certain specified events constituting “good reason,” the Employer will pay the executive a lump-sum cash payment equal to the sum of (i) two times the executive’s highest annual base salary in effect at the time of the termination of employment for the current and two preceding calendar years and (ii) two times the executive’s average cash bonus paid for the current and two calendar years preceding termination of employment. In addition, the executive will receive continuing medical insurance benefits for two years, or a cash payment equal to the cost to obtain such benefits.
The specified events constituting “good reason” permitting an executive to terminate employment in connection with a change in control and receive payments or benefits under the Agr
Apr 27, 2022
uvsp-202204220000102212FALSE--12-3100001022122022-04-222022-04-22
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 22, 2022
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On April 27, 2022, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2022 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.03Amendments to Articles of Incorporation of Bylaws; Change in Fiscal Year
On April 27, 2022, the Board of Directors of the Corporation amended the Corporation's Bylaws to update and clarify various provisions. The changes to the Bylaws include: •the establishment of a vice chair position and the duties associated with such position; •the required officers of the Corporation and the individuals with authority to elect such officers, including in the cases of filling a vacancy; and •the participation of the chair, vice chair and president of the Corporation in committees of the Corporation. The foregoing description of the amendments to the Bylaws is not complete and is qualified in its entirety by reference to the complete text of the Amended and Restated Bylaws. A copy of the Amended and Restated Bylaws is filed as Exhibit 3.2 hereto and is incorporated herein by reference.
Item 8.01Other Events
On April 22, 2022, Kroll Bond Rating Agency ("KBRA") affirmed its long-term credit rating for the Corporation and the Bank with a Stable Outlook. Specifically, KBRA affirmed the Corporation's senior unsecured debt rating of BBB+, subordinated debt rating of BBB, and short-term debt rating of K2. With regard to the Bank, KBRA affirmed the Bank's deposit rating of A-, senior unsecured debt rating of A-, subordinated debt rating of BBB+, short-term deposit and debt ratings of K2.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
3.2Amended and Restated Bylaws of Univest Financial Corporation
99.1 Press release issued by Univest Financial Corporation on April 27, 2022
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
April 27, 2022
Exhibit No. Description of Document
3.2Amended and Restated Bylaws of Univest Financial Corporation
99.1 Press release issued by Univest Financial Corporation on April 27, 2022
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jan 27, 2022
uvsp-202201240000102212FALSE00001022122022-01-242022-01-24
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 24, 2022
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 26, 2022, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2021 fourth quarter and full year earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Certain Directors or Certain Officers; Election of Directors; Appointment of Certain Directors; Compensatory Arrangement of Certain Officers
On January 26, 2022, the Board of Directors of the Corporation appointed Michael S. Keim as Chief Operating Officer of the Corporation. Mr. Keim currently serves as Senior Executive Vice President of the Corporation and President and Director of the Bank and will continue to retain those titles and corresponding management responsibilities. Mr. Keim, age 54, joined the Corporation in 2008 as a Senior Vice President, Residential Mortgage Operations Director, before being promoted to Executive Vice President and Chief Financial Officer of the Corporation and the Bank in 2013, and subsequently promoted to President of the Bank and Senior Executive Vice President of the Corporation and the Bank in 2015. For a description of the Change in Control Agreement that the Corporation maintains with Mr. Keim, the sections "Executive Compensation - Other Executive Compensation Practices - Change In Control Agreements" and "Other Potential Post-Employment Payments" in the Corporation's Definitive Proxy Statement for the Corporation's 2021 Annual Meeting of Shareholders, as filed with the Securities and Exchange Commission on March 19, 2021, are incorporated herein by reference. On January 24, 2022, Duane J. Brobst, Senior Executive Vice President and Chief Credit Officer of the Corporation and the Bank announced his retirement, effective April 15, 2022.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 26, 2022
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Senior Executive Vice President, Chief Financial Officer
January 27, 2022
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 26, 2022
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jul 29, 2021
uvsp-202107280000102212FALSE00001022122021-07-282021-07-28
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 28, 2021
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act: Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On July 28, 2021, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co. (the "Bank"), issued a press release reporting 2021 second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On August 1, 2021, K. Leon Moyer will retire from the Board of Directors of the Corporation and the Bank. Mr. Moyer has reached the mandatory retirement date. The Board of Directors thanks Mr. Moyer for his years of service and contributions to the Corporation and the Bank. On July 28, 2021, the Board of Directors of the Corporation appointed Joseph P. Beebe, who is presently serving as an Alternate Director of the Corporation, as a Class III director, effective August 1, 2021. Mr. Beebe’s term will expire at the 2023 annual shareholders meeting. Mr. Beebe will serve as Vice Chairman on the Corporation’s Audit Committee.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on July 28, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Executive Vice President, Chief Financial Officer
July 29, 2021
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on July 28, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Apr 29, 2021
uvsp-202104280000102212FALSE00001022122021-04-282021-04-28
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 28, 2021
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act:
Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On April 28, 2021, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co., issued a press release reporting 2021 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 28, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Executive Vice President, Chief Financial Officer
April 29, 2021
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on April 28, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Jan 28, 2021
uvsp-202101270000102212FALSE00001022122021-01-272021-01-27
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 27, 2021
(Exact name of registrant as specified in its charter)
Pennsylvania 0-7617 23-1886144 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964 (Address of principal executive office)(Zip Code) Registrant’s telephone number, including area code (215) 721-2400 Not applicable (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) ☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act:
Title of classTrading SymbolName of exchange on which registered Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Item 2.02Results of Operations and Financial Condition
On January 27, 2021, Univest Financial Corporation (the “Corporation”), parent company of Univest Bank and Trust Co., issued a press release reporting 2020 fourth quarter and year-end earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 27, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Univest Financial Corporation
By:/s/ Brian J. Richardson Name:Brian J. Richardson Title:Executive Vice President, Chief Financial Officer
January 28, 2021
Exhibit No. Description of Document
99.1 Press release issued by Univest Financial Corporation on January 27, 2021
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL
This page provides Univest Financial Corporation (UVSP) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on UVSP's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.