Core Points - Univest Financial Corporation will host a conference call to discuss its second quarter 2025 earnings on July 24, 2025, at 9:00 a.m. [1] - Earnings are scheduled to be released after the market closes on July 23, 2025 [1] Company Overview - Univest Financial Corporation has approximately $8.0 billion in assets and $5.2 billion in assets under management and supervision as of March 31, 2025 [3] - The company provides a full range of financial solutions for individuals, businesses, municipalities, and nonprofit organizations primarily in the Mid-Atlantic Region [3] - Univest operates through a network of more than 50 offices and offers services online [3]

Company Performance - Univest (UVSP) shares have increased by 13.5% over the past month, reaching a new 52-week high of $32.77 [1] - Year-to-date, Univest has gained 10.8%, outperforming the Zacks Finance sector's 9.9% and the Zacks Banks - Northeast industry's 2.7% [1] Earnings and Revenue Expectations - Univest has consistently beaten earnings estimates, reporting EPS of $0.77 against a consensus estimate of $0.64 in its last earnings report [2] - For the current fiscal year, Univest is projected to achieve earnings of $2.78 per share on revenues of $317.21 million, reflecting an 11.2% increase in EPS and a 6.01% increase in revenues [3] - For the next fiscal year, earnings are expected to rise to $2.96 per share on revenues of $341.55 million, indicating year-over-year changes of 6.47% and 7.67%, respectively [3] Valuation Metrics - Univest's current valuation metrics show a Value Score of B, a Growth Score of C, and a Momentum Score of A, resulting in a VGM Score of B [6] - The stock trades at 11.8X current fiscal year EPS estimates, which is above the peer industry average of 10.8X, and at 11.6X on a trailing cash flow basis compared to the peer group's average of 11.4X [6] Zacks Rank - Univest holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [7] - The recommendation suggests that investors should consider stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating potential for Univest shares in the near future [7] Industry Comparison - SB Financial Group, Inc. (SBFG) is a notable peer with a Zacks Rank of 2 (Buy) and a Value Score of A, alongside a Growth Score of C and a Momentum Score of C [8] - SBFG is expected to post earnings of $2.03 per share on revenues of $64.8 million for the current fiscal year, having beaten consensus estimates by 5.00% last quarter [9] - SBFG shares have gained 6.8% over the past month, trading at a forward P/E of 9.49X and a P/CF of 8.3X [10]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Univest (UVSP) - Univest currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Performance Metrics - Over the past week, UVSP shares increased by 5.4%, outperforming the Zacks Banks - Northeast industry, which rose by 4.31% [6] - In the last month, UVSP's price change was 8.41%, compared to the industry's 7.77% [6] - Over the past quarter, shares of Univest have risen by 15.92%, and over the last year, they have gained 39.53%, while the S&P 500 increased by 10.24% and 14.41%, respectively [7] Trading Volume - UVSP's average 20-day trading volume is 105,224 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for UVSP have been revised upwards, increasing the consensus estimate from $2.63 to $2.78 [10] - For the next fiscal year, two estimates have also moved higher, with no downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, UVSP is positioned as a solid momentum pick for investors [11]

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 ...

Company Overview - Univest is headquartered in Souderton and operates as a holding company for Univest Bank and Trust Co. [3] - The stock has experienced a price change of -0.44% year-to-date [3]. Dividend Information - Univest currently pays a dividend of $0.22 per share, resulting in a dividend yield of 3%, which is higher than the Northeast banking industry's yield of 2.82% and the S&P 500's yield of 1.6% [3]. - The annualized dividend of $0.88 represents a 4.8% increase from the previous year [4]. - Over the past five years, Univest has increased its dividend once on a year-over-year basis, with an average annual increase of 1.42% [4]. - The current payout ratio is 32%, indicating that the company paid out 32% of its trailing 12-month earnings per share as dividends [4]. Earnings Expectations - The Zacks Consensus Estimate for Univest's earnings in 2025 is projected at $2.63 per share, reflecting a year-over-year growth rate of 5.20% [5]. Investment Considerations - Univest is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7].

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].

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 deposits [5] - The net interest margin (NIM) improved to 3.09% from 2.88% in Q4 2024, reflecting stabilization in non-interest-bearing deposits and disciplined loan pricing [6] Business Line Data and Key Metrics Changes - Non-interest income decreased by $3.2 million or 12.4% compared to Q1 2024, with contingent income in the insurance line decreasing by $700,000 [10] - Non-interest expense decreased by $746,000 or 1.5% compared to Q1 2024, demonstrating a focus on prudent expense management [11] Market Data and Key Metrics Changes - Credit quality remained strong, with non-performing assets to total assets increasing slightly by two basis points to 43 basis points, and net charge-offs remaining low at 10 basis points annualized [6] Company Strategy and Development Direction - The company plans to continue stock buybacks, having repurchased 221,760 shares during the quarter, indicating a commitment to returning capital to shareholders [7] - The management aims to navigate the loan-to-deposit ratio towards a target of 95% to 100%, acknowledging the cyclicality and seasonality of public funds [18][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating uncertainties related to interest rates and geopolitical concerns, emphasizing a solid first quarter performance [4][27] - The company maintains a guidance range for fee income growth of 4% to 6% for the year, contingent on mortgage banking performance [15] Other Important Information - The Board of Directors announced a $0.01 increase in the quarterly dividend to $0.22 per share, reflecting a commitment to returning value to shareholders [6] Q&A Session Summary Question: Fee income growth expectations - Management confirmed a guidance range of 4% to 6% for fee income growth, with mortgage banking performance being a potential driver [15] Question: Loan-to-deposit ratio trends - Management indicated a long-term target of 95% to 100% for the loan-to-deposit ratio, acknowledging the seasonal fluctuations in public funds [18][20] Question: Capital return and buyback potential - Management discussed the potential for buybacks, indicating that decisions will be made quarterly based on earnings projections and regulatory capital ratios [22]

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 ...

Univest (UVSP) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non- recurring items. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have c ...