Investor Presentation July 29, 2024 Safe Harbor Statement The information contained in this report may contain forward-looking statements. When used or incorporated by reference in disclosure documents, the words "believe," "anticipate," "estimate," "expect," "project," "target," "goal" and similar expressions are intended to identify forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statem ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...

Financial Performance - The Corporation reported net income of $22.4 million for Q1 2025, a 10.3% increase from $20.3 million in Q1 2024[141]. - Diluted earnings per share increased to $0.77 in Q1 2025, up from $0.69 in Q1 2024, representing an 11.6% growth[141]. - Noninterest income decreased to $22.415 million in Q1 2025, down 12.4% from $25.595 million in Q1 2024[154]. - The effective tax rate for the three months ended March 31, 2025, was 18.7%, down from 20.5% in the prior year, influenced by discrete tax effects and BOLI death benefits[164]. - The Banking segment reported pre-tax income of $26.1 million for the three months ended March 31, 2025, compared to $24.6 million for the same period in 2024[187]. - The Wealth Management segment's pre-tax income increased to $2.0 million for the three months ended March 31, 2025, up from $1.9 million in 2024, attributed to new customer relationships[188]. - The Insurance segment reported a decrease in pre-tax income to $2.4 million for the three months ended March 31, 2025, down from $3.1 million in 2024, primarily due to a decrease in contingent income[189]. Interest Income and Margin - Net interest income on a tax-equivalent basis rose to $57.2 million in Q1 2025, a 10.5% increase from $51.8 million in Q1 2024[143]. - The tax-equivalent net interest margin improved to 3.09% in Q1 2025, compared to 2.88% in Q1 2024[144]. - The increase in net interest income was driven by higher average balances of loans and increased yields on interest-earning assets[143]. - Excess liquidity reduced the net interest margin by approximately three basis points for both Q1 2025 and Q1 2024[144]. - Total interest-earning assets increased to $7.514 billion in Q1 2025 from $7.238 billion in Q1 2024, reflecting a growth of 3.83%[145]. - Total interest expense decreased slightly to $46.635 million in Q1 2025 from $47.142 million in Q1 2024[145]. - The average rate on commercial, financial, and agricultural loans was 6.97% in Q1 2025, down from 7.11% in Q1 2024[145]. Asset and Liability Management - Total assets decreased by $153.3 million, or 1.9%, to $7.975 billion as of March 31, 2025, compared to December 31, 2024[165]. - Total liabilities increased to $7.084 billion as of March 31, 2025, compared to $6.854 billion at the end of 2024, reflecting a growth of 3.35%[145]. - Total deposits decreased by $100.8 million, or 1.5%, from December 31, 2024, primarily due to seasonal declines in public funds deposits and decreases in commercial and consumer deposits[181]. - Total liabilities decreased by $169.4 million, or 2.3%, from December 31, 2024, with significant reductions in short-term borrowings by 63.9% and long-term debt by 22.2%[180]. - Unencumbered cash and cash equivalents were $166.7 million at March 31, 2025, down from $327.8 million at December 31, 2024[198]. - The Corporation maintained committed borrowing capacity of $3.7 billion from the Federal Home Loan Bank and Federal Reserve Bank as of March 31, 2025[198]. Credit Quality - Provision for credit losses was $2.3 million for Q1 2025, compared to $1.4 million in Q1 2024, indicating an increase of 64.29%[151]. - The allowance for credit losses as a percentage of loans and leases held for investment remained stable at 1.28% as of March 31, 2025, unchanged from the previous quarter[152]. - Nonaccrual loans and leases decreased to $11.1 million from $12.7 million at December 31, 2024, with a related allowance for credit losses of $2.6 million[170]. - Gross loans and leases held for investment increased by $6.5 million, or 0.1%, primarily due to growth in commercial real estate and construction loans[168]. Operational Efficiency - Noninterest expense decreased by $746 thousand, or 1.5%, to $49.3 million for the three months ended March 31, 2025, compared to the prior year[162]. - Salaries, benefits, and commissions decreased by $512 thousand, or 1.6%, primarily due to increased capitalized compensation and reduced medical claims expense[163]. Capital Management - The Corporation's total capital ratio was 14.35% as of March 31, 2025, exceeding the required minimum of 8.00% for capital adequacy purposes[193]. - The Corporation aims to maintain adequate levels of capital and liquidity while limiting exposure to credit and interest rate risk[139]. Market Conditions - Non-brokered deposits remain the largest funding source for the Corporation, facing increased competition from various financial market participants[199]. - The Bank has cash requirements for various financial obligations, with certificates of deposit due within one year totaling $1.1 billion as of March 31, 2025[201]. - Commitments to extend credit are the Bank's most significant commitment, which may not represent future cash requirements as they often expire without being drawn upon[202]. - No material changes in the Corporation's market risk occurred during the period ended March 31, 2025[204].

Univest Financial Corporation (NASDAQ:UVSP) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Jeff Schweitzer - Chairman, President & Chief Executive Officer Brian Richardson - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Operator Good morning all, and thank you for joining us for the Univest Financial Corporation First Quarter 2025 Earnings Call. My name is Carly, and I'll be coordinating the call today. [Operator Instructions] I'd like ...

Financial Data and Key Metrics Changes - The company reported net income of $22.4 million for Q1 2025, translating to $0.77 per share, indicating a solid start despite economic uncertainties [4] - Net loan growth was $6.5 million, impacted by larger payoffs, while deposits decreased by $100.8 million primarily due to seasonal declines in public funds [5] - The net interest margin (NIM) improved to 3.09% from 2.88% in Q4 2024, reflecting effective loan pricing discipline [5][7] - Nonperforming assets to total assets increased slightly by 2 basis points to 43 basis points, with net charge-offs remaining low at 10 basis points annualized [6] Business Line Data and Key Metrics Changes - Noninterest income decreased by $3.2 million or 12.4% compared to the previous quarter, with a notable decline in contingent income from the insurance line [8] - Noninterest expense decreased by $746,000 or 1.5%, demonstrating the company's focus on prudent expense management [9] Market Data and Key Metrics Changes - The company observed a cautious approach from commercial customers due to uncertainties surrounding tariffs, taxes, and interest rates, impacting loan growth [5] Company Strategy and Development Direction - The company plans to continue stock buybacks, having repurchased 221,760 shares during the quarter, and aims to maintain a disciplined approach to capital deployment [6][16] - The management maintains a loan-to-deposit ratio target of 95% to 105%, acknowledging the seasonal fluctuations in public funds [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating uncertainties in the economic environment and highlighted a solid first quarter performance [20] - The company expects fee income growth in the mid-single digits for the year, contingent on mortgage banking performance [11] Other Important Information - The Board of Directors announced a $0.01 increase in the quarterly dividend to $0.22 per share, reflecting the company's commitment to returning capital to shareholders [6] Q&A Session Summary Question: Fee income growth expectations - Management confirmed guidance for fee income growth at 4% to 6% for the year, with mortgage banking performance being a potential driver [11] Question: Loan to deposit ratio trends - Management indicated a long-term target of 95% to 100% for the loan-to-deposit ratio, acknowledging the cyclical nature of public funds [12][13] Question: Capital returns and buybacks - Management discussed the potential for continued stock buybacks, emphasizing a cautious approach based on earnings projections and regulatory capital ratios [15][16]

Exhibit 99.1 NEWS CONTACT: Brian J. Richardson UNIVEST FINANCIAL CORPORATION Chief Financial Officer 215-721-2446, richardsonb@univest.net FOR IMMEDIATE RELEASE UNIVEST FINANCIAL CORPORATION REPORTS FIRST QUARTER RESULTS (Announces 4.8% increase in dividend) SOUDERTON, Pa., April 23, 2025 - Univest Financial Corporation ("Univest" or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net ...

(Announces 4.8% increase in dividend)SOUDERTON, Pa., April 23, 2025 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2025 of $22.4 million, or $0.77 diluted earnings per share, compared to net income of $20.3 million, or $0.69 diluted earnings per share, for the quarter ended March ...

SOUDERTON, Pa., April 07, 2025 (GLOBE NEWSWIRE) -- Univest Financial Corporation (NASDAQ:UVSP), parent company of Univest Bank and Trust Co. and its insurance, investment and equipment finance subsidiaries, announced it will host a conference call to discuss its first quarter 2025 earnings on Thursday, April 24, 2025 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, April 23, 2025. Pre-registrationTelephone participants may avoid any delays by pre-registering for ...

Financial Performance - Interest income for 2024 reached $412,355,000, an increase of 11% from $371,730,000 in 2023[188] - Net income for 2024 was $75,931,000, compared to $71,104,000 in 2023, marking a 6.9% increase[188] - The Corporation reported net income of $75.9 million for 2024, an increase of 6.8% from $71.1 million in 2023[190] - Diluted earnings per share for 2024 were $2.58, up from $2.41 in 2023, reflecting a 7.1% increase[190] - Basic net income per share for 2024 was $2.60, up from $2.42 in 2023, reflecting a growth of 7.4%[302] - Comprehensive income for 2024 was $82,585 thousand, compared to $82,562 thousand in 2023, showing stability in overall financial performance[304] Income and Expenses - Noninterest income increased to $88,055,000, up from $76,824,000 in 2023, reflecting a growth of 14.4%[188] - Total noninterest income rose to $88,055 thousand in 2024, a 14.6% increase compared to $76,824 thousand in 2023[302] - Net interest income after provision for credit losses was $205,237,000, slightly down from $209,227,000 in 2023[188] - Total noninterest expense for 2024 was $197,992 thousand, a slight increase from $197,362 thousand in 2023[302] - Interest expense rose by $49.5 million in 2024, primarily due to increased costs of interest-bearing deposits[194] - The company reported a total interest expense of $201,185 thousand in 2024, which is a 32.5% increase from $151,733 thousand in 2023[302] Credit Quality - The allowance for credit losses to total loans and leases held for investment was 1.28% at year-end 2024, down from 1.30% in 2023[188] - The provision for credit losses for the year ended December 31, 2024 was $5.9 million, down from $10.8 million in 2023[203] - Net loan and lease charge-offs for the year ended December 31, 2024 were $3.8 million, down from $5.4 million in 2023[203] - Nonaccrual loans and leases decreased to $12.7 million in 2024 from $20.5 million in 2023, indicating improved asset quality[233] - The allowance for credit losses on loans and leases was $87.1 million, representing 1.28% of loans and leases held for investment[237] - The allowance for credit losses on loans and leases increased to $87.1 million in 2024, up from $85.4 million in 2023, representing a 2.0% increase[242] Assets and Liabilities - Total assets increased by $347.8 million, or 4.5%, from December 31, 2023, reaching $8,128.4 million[221] - The Corporation's total liabilities rose to $7.24 billion in 2024, a 4.3% increase from $6.94 billion in 2023[246] - Total deposits rose by $383.5 million, or 6.0%, to $6.76 billion as of December 31, 2024, driven by increases in consumer, commercial, brokered, and public funds deposits[247] - Cash and cash equivalents increased by $79.0 million, or 31.6%, primarily due to increased interest-earning deposits at the Federal Reserve Bank[222] - The Corporation's long-term debt decreased by $85.0 million, or 27.4%, to $225.0 million in 2024, reflecting pay-downs during the year[246] Capital and Equity - Total shareholders' equity increased by $48.1 million, or 5.7%, to $887.3 million as of December 31, 2024, mainly due to a rise in retained earnings[252] - The Corporation's Tier 1 risk-based capital ratio improved to 10.85% in 2024 from 10.58% in 2023, indicating a stronger capital position[258] - Shareholders' equity grew to $887,301 thousand in 2024, compared to $839,208 thousand in 2023, marking an increase of about 5.7%[300] Economic Outlook - The economic forecast indicates a GDP growth rate of 1.12% for 2024, up from 0.76% in 2023[183] - The Corporation's cumulative gap as a percentage of interest-earning assets is -20.7% within three months and 25.0% over five years, indicating a greater amount of liabilities that can reprice over assets in the next twelve months[264] Operational Efficiency - The efficiency ratio improved to 65.7% in 2024 from 66.0% in 2023, indicating better cost management[188] - The return on average assets was 0.96% for 2024, slightly up from 0.94% in 2023[188] - Return on average equity for 2024 was 8.85%, a marginal increase from 8.83% in 2023[190] Strategic Initiatives - The Corporation's strategy for credit risk management includes well-defined credit policies and regular monitoring of loan performance[231] - The Corporation's liquidity management includes a contingency funding plan to address potential liquidity needs during financial crises[277] - The Corporation's loan portfolio is managed with strict underwriting standards, focusing on the borrower's capacity and willingness to repay[269]

Financial Data and Key Metrics - Net income for Q4 2024 was $18.9 million, or $0.65 per share [4] - Loans grew by $95.8 million during the quarter, representing a 5.6% annualized growth rate [4] - Consumer and commercial deposits increased by $104 million during the quarter [4] Business Line Data and Key Metrics - No specific data provided for individual business lines in the provided content Market Data and Key Metrics - No specific data provided for individual markets in the provided content Company Strategy and Industry Competition - No specific information provided regarding company strategy or industry competition in the provided content Management Commentary on Operating Environment and Future Outlook - No specific commentary provided by management on the operating environment or future outlook in the provided content Other Important Information - Management reminded listeners of the forward-looking statements disclaimer, noting that actual results may differ materially from those contemplated by such statements [3] Q&A Session Summary - No Q&A session content provided in the provided documents