UNIVEST FINANCIAL Reports Q4 Results, Financial Condition
Ticker: UVSP · Form: 8-K · Filed: Jan 25, 2024 · CIK: 102212
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, 8-K, bank
TL;DR
**UNIVEST FINANCIAL just dropped its latest financial results, giving investors a fresh look at its performance.**
AI Summary
UNIVEST FINANCIAL Corp filed an 8-K on January 25, 2024, reporting on its results of operations and financial condition as of January 24, 2024. This filing indicates the company is providing an update on its financial performance, which is crucial for investors to understand the company's health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing, directly impacting their investment's value and potential future dividends.
Why It Matters
This filing provides investors with the latest financial performance data for UNIVEST FINANCIAL Corp, enabling them to assess the company's profitability and stability. Understanding these results is key to making informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K filing is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides information to assess existing business risks.
Analyst Insight
Investors should review the full financial statements and results of operations that accompany this 8-K to understand the specific details of UNIVEST FINANCIAL Corp's performance and financial health before making any investment decisions.
Key Numbers
- $5 — Common Stock par value (identifies the nominal value per share of UNIVEST FINANCIAL Corp's common stock)
Key Players & Entities
- UNIVEST FINANCIAL Corporation (company) — the registrant filing the 8-K
- The NASDAQ Stock Market (company) — exchange where UVSP Common Stock is registered
- $5 (dollar_amount) — par value of Common Stock
- January 24, 2024 (date) — date of earliest event reported
- January 25, 2024 (date) — filing date of the 8-K
FAQ
What is the purpose of this 8-K filing by UNIVEST FINANCIAL Corporation?
The purpose of this 8-K filing is to report on the company's 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of the earliest event reported date, January 24, 2024.
What is the trading symbol and the exchange where UNIVEST FINANCIAL Corporation's common stock is registered?
UNIVEST FINANCIAL Corporation's common stock has the trading symbol UVSP and is registered on The NASDAQ Stock Market.
What is the par value of UNIVEST FINANCIAL Corporation's Common Stock?
The par value of UNIVEST FINANCIAL Corporation's Common Stock is $5.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024.
What is the business address and phone number of UNIVEST FINANCIAL Corporation as listed in the filing?
The business address is 14 North Main Street, Souderton, Pennsylvania 18964, and the business phone number is (215) 721-2400.
Filing Stats: 503 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-01-25 08:46:12
Key Financial Figures
- $5 — ange on which registered Common Stock, $5 par value UVSP The NASDAQ Stock Market
Filing Documents
- uvsp-20240124.htm (8-K) — 34KB
- exhibit991earningsrelease1.htm (EX-99.1) — 949KB
- logoa.jpg (GRAPHIC) — 38KB
- 0000102212-24-000004.txt ( ) — 1206KB
- uvsp-20240124.xsd (EX-101.SCH) — 2KB
- uvsp-20240124_lab.xml (EX-101.LAB) — 24KB
- uvsp-20240124_pre.xml (EX-101.PRE) — 13KB
- uvsp-20240124_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results 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.
01 Financial Statements and Exhibits
Item 9.01 Financial 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 , 202 4 104 The cover page from the Corporation's Form 8-K, formatted in Inline XBRL SIGNATURE 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 INDEX Exhibit No. Description of Document 99.1 Press release issued by Univest Financial Corporation on January 24 , 202 4 104 The cover page from the Corporation's Form 8-K, formatted in Inline XBRL