Annual Income Statements for Univest Corporation of Pennsylvania
This table shows Univest Corporation of Pennsylvania's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Univest Corporation of Pennsylvania
This table shows Univest Corporation of Pennsylvania's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Consolidated Net Income / (Loss) |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Net Income / (Loss) Continuing Operations |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Total Pre-Tax Income |
|
30 |
26 |
21 |
21 |
20 |
26 |
23 |
23 |
24 |
28 |
25 |
Total Revenue |
|
82 |
79 |
74 |
72 |
71 |
77 |
72 |
73 |
77 |
79 |
81 |
Net Interest Income / (Expense) |
|
62 |
59 |
54 |
54 |
53 |
51 |
51 |
53 |
55 |
57 |
60 |
Total Interest Income |
|
77 |
83 |
90 |
97 |
101 |
99 |
100 |
106 |
107 |
103 |
106 |
Loans and Leases Interest Income |
|
73 |
79 |
85 |
91 |
93 |
93 |
94 |
98 |
98 |
97 |
100 |
Investment Securities Interest Income |
|
3.33 |
3.51 |
3.53 |
3.56 |
3.69 |
3.66 |
3.75 |
3.71 |
3.82 |
4.02 |
3.96 |
Deposits and Money Market Investments Interest Income |
|
0.49 |
0.48 |
0.51 |
1.87 |
3.80 |
1.61 |
1.11 |
3.62 |
4.85 |
1.36 |
1.37 |
Other Interest Income |
|
0.49 |
0.61 |
0.78 |
0.71 |
0.77 |
0.72 |
0.70 |
0.74 |
0.75 |
0.69 |
0.67 |
Total Interest Expense |
|
15 |
24 |
36 |
44 |
48 |
47 |
49 |
53 |
52 |
47 |
46 |
Deposits Interest Expense |
|
12 |
18 |
27 |
37 |
43 |
42 |
44 |
48 |
47 |
42 |
42 |
Short-Term Borrowings Interest Expense |
|
0.85 |
2.73 |
3.25 |
1.12 |
0.00 |
0.01 |
0.24 |
0.00 |
0.00 |
0.01 |
0.00 |
Long-Term Debt Interest Expense |
|
2.14 |
2.87 |
5.09 |
5.32 |
5.31 |
5.16 |
5.06 |
5.06 |
4.78 |
4.64 |
4.41 |
Total Non-Interest Income |
|
20 |
20 |
20 |
19 |
19 |
26 |
21 |
20 |
21 |
22 |
22 |
Other Service Charges |
|
19 |
18 |
18 |
17 |
17 |
24 |
5.91 |
6.63 |
30 |
20 |
6.50 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.44 |
0.63 |
1.04 |
1.22 |
0.81 |
0.94 |
1.71 |
1.31 |
1.32 |
0.65 |
0.98 |
Other Non-Interest Income |
|
1.23 |
0.77 |
0.79 |
0.81 |
0.82 |
0.84 |
13 |
12 |
-10 |
1.96 |
14 |
Provision for Credit Losses |
|
5.42 |
3.39 |
3.43 |
2.02 |
1.93 |
1.43 |
0.71 |
1.41 |
2.38 |
2.31 |
5.69 |
Total Non-Interest Expense |
|
47 |
50 |
50 |
49 |
49 |
50 |
49 |
49 |
51 |
49 |
50 |
Salaries and Employee Benefits |
|
29 |
31 |
30 |
30 |
29 |
31 |
30 |
31 |
32 |
31 |
32 |
Net Occupancy & Equipment Expense |
|
7.57 |
7.75 |
7.74 |
7.87 |
8.26 |
8.48 |
7.93 |
7.98 |
8.04 |
8.34 |
8.19 |
Marketing Expense |
|
0.74 |
0.37 |
0.62 |
0.56 |
0.63 |
0.42 |
0.72 |
0.49 |
0.55 |
0.35 |
0.50 |
Property & Liability Insurance Claims |
|
0.71 |
1.10 |
1.12 |
1.26 |
1.35 |
1.14 |
1.10 |
1.10 |
1.10 |
1.15 |
1.07 |
Other Operating Expenses |
|
9.10 |
9.29 |
9.12 |
9.33 |
9.29 |
8.71 |
8.78 |
8.28 |
9.44 |
8.66 |
9.03 |
Income Tax Expense |
|
5.80 |
5.05 |
4.14 |
4.25 |
4.15 |
5.25 |
4.49 |
4.81 |
4.82 |
5.16 |
5.04 |
Basic Earnings per Share |
|
$0.81 |
$0.72 |
$0.57 |
$0.58 |
$0.55 |
$0.69 |
$0.62 |
$0.64 |
$0.65 |
$0.77 |
$0.69 |
Weighted Average Basic Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Diluted Earnings per Share |
|
$0.80 |
$0.71 |
$0.57 |
$0.58 |
$0.55 |
$0.69 |
$0.62 |
$0.63 |
$0.64 |
$0.77 |
$0.69 |
Weighted Average Diluted Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Weighted Average Basic & Diluted Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Annual Cash Flow Statements for Univest Corporation of Pennsylvania
This table details how cash moves in and out of Univest Corporation of Pennsylvania's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-0.65 |
0.36 |
-2.97 |
18 |
34 |
16 |
95 |
670 |
-737 |
97 |
79 |
Net Cash From Operating Activities |
|
30 |
39 |
33 |
69 |
86 |
73 |
51 |
102 |
109 |
90 |
75 |
Net Cash From Continuing Operating Activities |
|
30 |
39 |
33 |
69 |
86 |
73 |
51 |
102 |
109 |
90 |
75 |
Net Income / (Loss) Continuing Operations |
|
22 |
27 |
20 |
44 |
51 |
66 |
47 |
92 |
78 |
71 |
76 |
Consolidated Net Income / (Loss) |
|
22 |
27 |
20 |
44 |
51 |
66 |
47 |
92 |
78 |
71 |
76 |
Provision For Loan Losses |
|
3.61 |
3.80 |
4.82 |
9.89 |
20 |
8.51 |
41 |
-10 |
12 |
11 |
5.93 |
Depreciation Expense |
|
3.24 |
3.76 |
4.09 |
5.56 |
5.58 |
5.28 |
4.78 |
4.66 |
4.47 |
5.06 |
5.47 |
Amortization Expense |
|
1.70 |
0.92 |
1.33 |
1.75 |
0.37 |
1.12 |
2.85 |
1.06 |
0.64 |
0.75 |
3.09 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.77 |
-0.90 |
-0.56 |
8.52 |
-1.88 |
-6.55 |
-50 |
16 |
14 |
-6.22 |
-7.11 |
Changes in Operating Assets and Liabilities, net |
|
-3.82 |
4.50 |
4.12 |
-1.15 |
11 |
-0.92 |
5.77 |
-0.94 |
0.13 |
8.27 |
-8.22 |
Net Cash From Investing Activities |
|
-36 |
-190 |
-314 |
-332 |
-431 |
-343 |
-867 |
-127 |
-898 |
-454 |
-260 |
Net Cash From Continuing Investing Activities |
|
-36 |
-190 |
-314 |
-332 |
-431 |
-343 |
-867 |
-127 |
-898 |
-454 |
-260 |
Purchase of Investment Securities |
|
-181 |
-381 |
-527 |
-465 |
-513 |
-478 |
-1,098 |
-265 |
-978 |
-529 |
-339 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.00 |
4.00 |
- |
- |
1.17 |
1.41 |
0.00 |
0.00 |
6.85 |
1.88 |
2.37 |
Sale and/or Maturity of Investments |
|
145 |
170 |
213 |
132 |
80 |
134 |
231 |
138 |
74 |
72 |
77 |
Net Cash From Financing Activities |
|
5.92 |
151 |
278 |
281 |
379 |
286 |
911 |
695 |
51 |
462 |
264 |
Net Cash From Continuing Financing Activities |
|
5.92 |
151 |
278 |
281 |
379 |
286 |
911 |
695 |
51 |
462 |
264 |
Net Change in Deposits |
|
17 |
148 |
125 |
298 |
331 |
474 |
883 |
812 |
-142 |
462 |
383 |
Issuance of Debt |
|
4.22 |
49 |
188 |
95 |
94 |
-146 |
224 |
2.20 |
227 |
59 |
4.88 |
Issuance of Common Equity |
|
- |
0.00 |
0.00 |
73 |
2.30 |
2.23 |
2.37 |
2.38 |
2.54 |
2.57 |
2.38 |
Repayment of Debt |
|
0.00 |
-18 |
-15 |
-156 |
-20 |
-20 |
-177 |
-100 |
-0.95 |
-35 |
-85 |
Repurchase of Common Equity |
|
-4.61 |
-13 |
-8.36 |
-3.52 |
-5.98 |
-2.05 |
-4.38 |
-0.30 |
-11 |
-0.46 |
-19 |
Payment of Dividends |
|
-11 |
-13 |
-15 |
-21 |
-23 |
-23 |
-18 |
-24 |
-25 |
-25 |
-25 |
Other Financing Activities, Net |
|
0.00 |
-2.10 |
2.42 |
-3.74 |
1.00 |
1.07 |
0.19 |
1.65 |
-0.21 |
-1.75 |
1.69 |
Cash Interest Paid |
|
4.12 |
8.10 |
14 |
21 |
31 |
44 |
29 |
22 |
33 |
140 |
192 |
Cash Income Taxes Paid |
|
5.90 |
2.14 |
8.05 |
13 |
2.02 |
17 |
17 |
27 |
12 |
17 |
21 |
Quarterly Cash Flow Statements for Univest Corporation of Pennsylvania
This table details how cash moves in and out of Univest Corporation of Pennsylvania's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
39 |
-14 |
2.09 |
150 |
-41 |
-48 |
-11 |
314 |
-176 |
-160 |
-8.77 |
Net Cash From Operating Activities |
|
26 |
21 |
19 |
22 |
28 |
12 |
-3.41 |
39 |
28 |
16 |
23 |
Net Cash From Continuing Operating Activities |
|
26 |
21 |
19 |
22 |
28 |
12 |
-3.41 |
39 |
28 |
16 |
23 |
Net Income / (Loss) Continuing Operations |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Consolidated Net Income / (Loss) |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Provision For Loan Losses |
|
5.42 |
3.39 |
3.43 |
2.02 |
1.93 |
1.43 |
0.71 |
1.41 |
2.38 |
2.31 |
5.69 |
Depreciation Expense |
|
1.14 |
1.18 |
1.27 |
1.30 |
1.31 |
1.34 |
1.38 |
1.38 |
1.38 |
1.35 |
1.38 |
Amortization Expense |
|
-0.53 |
0.38 |
0.20 |
-0.05 |
0.23 |
3.56 |
-0.14 |
0.66 |
-0.99 |
0.35 |
0.21 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.68 |
0.15 |
-5.01 |
-0.07 |
-1.29 |
-1.81 |
-15 |
12 |
-1.80 |
2.36 |
-5.47 |
Changes in Operating Assets and Liabilities, net |
|
-6.57 |
-5.39 |
2.64 |
1.58 |
9.44 |
-13 |
-8.43 |
5.33 |
8.14 |
-13 |
1.46 |
Net Cash From Investing Activities |
|
-273 |
-149 |
-237 |
-88 |
19 |
-14 |
-95 |
-46 |
-104 |
-3.10 |
27 |
Net Cash From Continuing Investing Activities |
|
-273 |
-149 |
-237 |
-88 |
19 |
-14 |
-95 |
-46 |
-104 |
-3.10 |
27 |
Purchase of Investment Securities |
|
-848 |
-40 |
-7.79 |
-1.18 |
-480 |
-17 |
-18 |
-16 |
-288 |
-11 |
-15 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.00 |
0.01 |
0.69 |
0.34 |
0.85 |
2.44 |
0.01 |
0.01 |
-0.08 |
0.08 |
0.22 |
Sale and/or Maturity of Investments |
|
12 |
11 |
13 |
32 |
17 |
13 |
30 |
16 |
18 |
19 |
18 |
Other Investing Activities, net |
|
- |
-119 |
-242 |
-119 |
- |
-13 |
-107 |
-46 |
- |
-10 |
25 |
Net Cash From Financing Activities |
|
287 |
114 |
220 |
216 |
-88 |
-45 |
87 |
321 |
-99 |
-172 |
-59 |
Net Cash From Continuing Financing Activities |
|
287 |
114 |
220 |
216 |
-88 |
-45 |
87 |
321 |
-99 |
-172 |
-59 |
Net Change in Deposits |
|
127 |
-79 |
153 |
452 |
-63 |
30 |
90 |
359 |
-95 |
-101 |
-76 |
Issuance of Debt |
|
166 |
225 |
73 |
-230 |
-8.37 |
-1.49 |
6.97 |
-3.53 |
2.93 |
-7.15 |
52 |
Repayment of Debt |
|
-0.95 |
-25 |
- |
- |
-10 |
-60 |
- |
-25 |
- |
-50 |
-25 |
Repurchase of Common Equity |
|
- |
0.00 |
- |
- |
-0.46 |
-6.48 |
-4.04 |
-4.19 |
-4.18 |
-6.54 |
-4.90 |
Payment of Dividends |
|
-8.08 |
-5.52 |
-5.84 |
-5.52 |
-8.18 |
-5.56 |
-5.80 |
-5.54 |
-7.95 |
-5.83 |
-5.78 |
Other Financing Activities, Net |
|
0.12 |
-1.77 |
0.02 |
-0.00 |
0.00 |
-1.32 |
0.20 |
0.50 |
2.30 |
-1.93 |
0.04 |
Cash Interest Paid |
|
13 |
22 |
32 |
40 |
46 |
45 |
47 |
49 |
51 |
50 |
49 |
Cash Income Taxes Paid |
|
5.23 |
0.07 |
7.78 |
5.39 |
3.55 |
0.12 |
11 |
4.65 |
4.96 |
0.07 |
11 |
Annual Balance Sheets for Univest Corporation of Pennsylvania
This table presents Univest Corporation of Pennsylvania's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
2,235 |
2,879 |
4,231 |
4,555 |
4,984 |
5,381 |
6,336 |
7,122 |
7,222 |
7,781 |
8,128 |
Cash and Due from Banks |
|
32 |
32 |
49 |
47 |
62 |
51 |
63 |
49 |
84 |
73 |
76 |
Interest Bearing Deposits at Other Banks |
|
6.57 |
28 |
9.07 |
29 |
48 |
75 |
157 |
841 |
69 |
177 |
253 |
Trading Account Securities |
|
372 |
375 |
474 |
456 |
475 |
447 |
410 |
519 |
513 |
512 |
511 |
Loans and Leases, Net of Allowance |
|
1,606 |
2,161 |
3,268 |
3,599 |
3,977 |
4,352 |
5,224 |
5,238 |
6,044 |
-85 |
-87 |
Allowance for Loan and Lease Losses |
|
21 |
18 |
17 |
22 |
29 |
35 |
83 |
72 |
79 |
85 |
87 |
Premises and Equipment, Net |
|
37 |
42 |
64 |
62 |
60 |
57 |
56 |
57 |
51 |
51 |
47 |
Goodwill |
|
68 |
113 |
173 |
173 |
173 |
173 |
173 |
176 |
176 |
176 |
176 |
Intangible Assets |
|
12 |
13 |
17 |
14 |
12 |
10 |
8.87 |
12 |
11 |
11 |
8.31 |
Other Assets |
|
102 |
114 |
177 |
177 |
179 |
218 |
246 |
231 |
275 |
6,866 |
7,146 |
Total Liabilities & Shareholders' Equity |
|
2,235 |
2,879 |
4,231 |
4,555 |
4,984 |
5,381 |
6,336 |
7,122 |
7,222 |
7,781 |
8,128 |
Total Liabilities |
|
1,951 |
2,518 |
3,725 |
3,951 |
4,360 |
4,706 |
5,644 |
6,349 |
6,446 |
6,941 |
7,241 |
Non-Interest Bearing Deposits |
|
449 |
541 |
918 |
1,040 |
1,056 |
1,280 |
1,691 |
2,065 |
2,047 |
1,468 |
1,415 |
Interest Bearing Deposits |
|
1,412 |
1,853 |
2,339 |
2,515 |
2,830 |
3,080 |
3,552 |
3,990 |
3,866 |
4,907 |
5,345 |
Short-Term Debt |
|
- |
24 |
196 |
105 |
190 |
19 |
18 |
20 |
197 |
6.31 |
11 |
Other Short-Term Payables |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
65 |
Long-Term Debt |
|
42 |
49 |
222 |
250 |
240 |
245 |
294 |
194 |
243 |
459 |
374 |
Other Long-Term Liabilities |
|
47 |
50 |
50 |
41 |
45 |
82 |
90 |
80 |
92 |
101 |
31 |
Total Equity & Noncontrolling Interests |
|
285 |
362 |
505 |
603 |
624 |
675 |
692 |
774 |
777 |
839 |
887 |
Total Preferred & Common Equity |
|
285 |
362 |
505 |
603 |
624 |
675 |
692 |
774 |
777 |
839 |
887 |
Total Common Equity |
|
285 |
362 |
505 |
603 |
624 |
675 |
692 |
774 |
779 |
839 |
887 |
Common Stock |
|
154 |
232 |
375 |
448 |
450 |
453 |
454 |
457 |
459 |
459 |
461 |
Retained Earnings |
|
182 |
193 |
195 |
217 |
248 |
289 |
307 |
375 |
429 |
475 |
526 |
Treasury Stock |
|
-37 |
-47 |
-45 |
-44 |
-46 |
-45 |
-46 |
-42 |
-46 |
-44 |
-55 |
Accumulated Other Comprehensive Income / (Loss) |
|
-14 |
-17 |
-19 |
-18 |
-28 |
-22 |
-22 |
-16 |
-62 |
-51 |
-44 |
Quarterly Balance Sheets for Univest Corporation of Pennsylvania
This table presents Univest Corporation of Pennsylvania's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q2 2022 |
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
6,701 |
6,907 |
7,359 |
7,600 |
7,828 |
7,747 |
7,855 |
8,206 |
7,975 |
7,939 |
Cash and Due from Banks |
|
60 |
66 |
71 |
81 |
69 |
49 |
67 |
78 |
73 |
77 |
Interest Bearing Deposits at Other Banks |
|
35 |
47 |
67 |
60 |
221 |
152 |
124 |
426 |
96 |
84 |
Trading Account Securities |
|
522 |
519 |
528 |
543 |
505 |
511 |
514 |
511 |
510 |
514 |
Loans and Leases, Net of Allowance |
|
5,590 |
5,774 |
6,160 |
6,380 |
6,491 |
6,493 |
6,599 |
6,645 |
-88 |
-87 |
Allowance for Loan and Lease Losses |
|
72 |
75 |
80 |
83 |
84 |
86 |
86 |
86 |
88 |
87 |
Premises and Equipment, Net |
|
50 |
51 |
52 |
52 |
51 |
49 |
48 |
47 |
47 |
47 |
Goodwill |
|
176 |
176 |
176 |
176 |
176 |
176 |
176 |
176 |
176 |
176 |
Intangible Assets |
|
12 |
12 |
11 |
11 |
11 |
7.47 |
7.70 |
7.16 |
8.06 |
7.97 |
Other Assets |
|
256 |
263 |
294 |
299 |
304 |
309 |
320 |
315 |
7,153 |
7,121 |
Total Liabilities & Shareholders' Equity |
|
6,701 |
6,907 |
7,359 |
7,600 |
7,828 |
7,747 |
7,855 |
8,206 |
7,975 |
7,939 |
Total Liabilities |
|
5,937 |
6,153 |
6,560 |
6,795 |
7,021 |
6,903 |
7,001 |
7,329 |
7,072 |
7,022 |
Non-Interest Bearing Deposits |
|
2,063 |
1,968 |
1,799 |
1,583 |
1,433 |
1,402 |
1,397 |
1,324 |
1,434 |
1,461 |
Interest Bearing Deposits |
|
3,501 |
3,819 |
4,035 |
4,405 |
5,007 |
5,004 |
5,098 |
5,530 |
5,225 |
5,121 |
Short-Term Debt |
|
98 |
81 |
272 |
245 |
15 |
4.82 |
12 |
8.26 |
4.03 |
6.27 |
Other Short-Term Payables |
|
48 |
58 |
- |
61 |
64 |
60 |
62 |
60 |
55 |
54 |
Long-Term Debt |
|
194 |
194 |
368 |
469 |
469 |
399 |
399 |
374 |
324 |
350 |
Other Long-Term Liabilities |
|
34 |
34 |
86 |
33 |
34 |
34 |
33 |
32 |
30 |
30 |
Total Equity & Noncontrolling Interests |
|
764 |
754 |
798 |
805 |
807 |
844 |
854 |
877 |
903 |
917 |
Total Preferred & Common Equity |
|
764 |
754 |
798 |
805 |
807 |
844 |
854 |
877 |
903 |
917 |
Total Common Equity |
|
764 |
754 |
798 |
805 |
807 |
844 |
854 |
877 |
903 |
917 |
Common Stock |
|
457 |
458 |
456 |
457 |
458 |
457 |
458 |
459 |
458 |
459 |
Retained Earnings |
|
396 |
411 |
443 |
454 |
465 |
489 |
500 |
513 |
542 |
555 |
Treasury Stock |
|
-46 |
-49 |
-45 |
-45 |
-44 |
-47 |
-50 |
-53 |
-59 |
-63 |
Accumulated Other Comprehensive Income / (Loss) |
|
-43 |
-65 |
-56 |
-61 |
-72 |
-55 |
-54 |
-42 |
-38 |
-35 |
Annual Metrics And Ratios for Univest Corporation of Pennsylvania
This table displays calculated financial ratios and metrics derived from Univest Corporation of Pennsylvania's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
1.09% |
21.41% |
-5.36% |
46.15% |
7.82% |
7.52% |
7.69% |
7.49% |
9.05% |
0.22% |
0.81% |
EBITDA Growth |
|
11.06% |
20.44% |
-106.92% |
2,495.94% |
-3.60% |
29.73% |
-25.35% |
86.04% |
-14.78% |
-7.64% |
9.91% |
EBIT Growth |
|
10.39% |
24.75% |
-122.43% |
844.17% |
-1.82% |
31.91% |
-28.93% |
100.94% |
-14.97% |
-8.77% |
7.45% |
NOPAT Growth |
|
4.92% |
22.66% |
-28.47% |
126.07% |
14.63% |
30.03% |
-28.61% |
95.67% |
-14.90% |
-8.98% |
6.79% |
Net Income Growth |
|
4.92% |
22.66% |
-28.47% |
126.07% |
14.63% |
30.03% |
-28.61% |
95.67% |
-14.90% |
-8.98% |
6.79% |
EPS Growth |
|
7.03% |
1.46% |
-39.57% |
95.24% |
4.88% |
30.23% |
-28.57% |
94.38% |
-15.11% |
-8.71% |
7.05% |
Operating Cash Flow Growth |
|
-9.40% |
32.37% |
-15.34% |
106.15% |
25.26% |
-14.95% |
-30.03% |
99.96% |
6.96% |
-18.01% |
-16.31% |
Free Cash Flow Firm Growth |
|
-87.17% |
-704.28% |
-475.57% |
101.73% |
-645.61% |
508.16% |
-110.10% |
691.05% |
-239.92% |
89.23% |
760.50% |
Invested Capital Growth |
|
2.76% |
33.27% |
112.10% |
3.90% |
9.89% |
-10.92% |
6.94% |
-1.61% |
23.20% |
7.18% |
-2.42% |
Revenue Q/Q Growth |
|
0.69% |
4.74% |
-12.72% |
34.72% |
-5.56% |
1.21% |
0.00% |
0.00% |
5.58% |
-3.57% |
1.85% |
EBITDA Q/Q Growth |
|
8.71% |
9.93% |
-109.38% |
523.29% |
-15.35% |
-3.29% |
132.91% |
187.18% |
8.63% |
-8.08% |
2.18% |
EBIT Q/Q Growth |
|
2.95% |
8.46% |
-132.43% |
1,305.11% |
-15.24% |
-4.07% |
128.10% |
178.54% |
8.53% |
-9.43% |
3.66% |
NOPAT Q/Q Growth |
|
1.22% |
7.78% |
-1.22% |
8.21% |
19.11% |
-4.17% |
28.35% |
-8.44% |
8.96% |
-9.64% |
3.67% |
Net Income Q/Q Growth |
|
1.22% |
7.78% |
-1.22% |
8.21% |
19.11% |
-4.17% |
0.00% |
0.00% |
8.96% |
-9.64% |
3.67% |
EPS Q/Q Growth |
|
1.48% |
2.21% |
-16.00% |
11.56% |
17.01% |
-3.86% |
28.00% |
-8.80% |
9.09% |
-9.40% |
3.61% |
Operating Cash Flow Q/Q Growth |
|
12.66% |
7.65% |
-0.59% |
26.79% |
0.93% |
-6.95% |
-21.66% |
44.89% |
-8.99% |
2.16% |
0.23% |
Free Cash Flow Firm Q/Q Growth |
|
-13.86% |
-6.33% |
-2.21% |
-90.67% |
-19.12% |
153.31% |
83.48% |
-51.29% |
-2,383.83% |
91.10% |
3.04% |
Invested Capital Q/Q Growth |
|
-0.39% |
1.29% |
1.70% |
11.34% |
11.99% |
0.06% |
-7.49% |
2.47% |
18.26% |
1.07% |
1.05% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
28.72% |
28.49% |
-2.08% |
34.15% |
30.53% |
36.84% |
25.54% |
44.20% |
34.54% |
31.84% |
34.71% |
EBIT Margin |
|
24.62% |
25.30% |
-6.00% |
30.54% |
27.81% |
34.12% |
22.52% |
42.09% |
32.82% |
29.88% |
31.85% |
Profit (Net Income) Margin |
|
18.44% |
18.63% |
14.08% |
21.78% |
23.16% |
28.01% |
18.57% |
33.80% |
26.38% |
23.96% |
25.38% |
Tax Burden Percent |
|
74.90% |
73.65% |
83.40% |
71.34% |
83.29% |
82.09% |
82.46% |
80.29% |
80.36% |
80.17% |
79.68% |
Interest Burden Percent |
|
100.00% |
100.00% |
-281.56% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
25.10% |
26.35% |
16.60% |
28.66% |
16.71% |
17.91% |
17.54% |
19.71% |
19.64% |
19.83% |
20.32% |
Return on Invested Capital (ROIC) |
|
6.90% |
7.16% |
2.87% |
4.69% |
5.02% |
6.60% |
4.83% |
9.22% |
7.09% |
5.64% |
5.89% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.90% |
7.16% |
2.87% |
4.69% |
5.02% |
6.60% |
4.83% |
9.22% |
7.09% |
5.64% |
5.89% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.97% |
1.28% |
1.63% |
3.27% |
3.21% |
3.52% |
2.03% |
3.30% |
2.99% |
3.16% |
2.90% |
Return on Equity (ROE) |
|
7.87% |
8.44% |
4.50% |
7.96% |
8.24% |
10.12% |
6.86% |
12.52% |
10.08% |
8.80% |
8.80% |
Cash Return on Invested Capital (CROIC) |
|
4.18% |
-21.36% |
-68.96% |
0.86% |
-4.40% |
18.15% |
-1.88% |
10.84% |
-13.70% |
-1.29% |
8.34% |
Operating Return on Assets (OROA) |
|
1.34% |
1.45% |
-0.23% |
1.41% |
1.27% |
1.54% |
0.97% |
1.70% |
1.36% |
1.18% |
1.20% |
Return on Assets (ROA) |
|
1.00% |
1.07% |
0.55% |
1.00% |
1.06% |
1.27% |
0.80% |
1.36% |
1.09% |
0.95% |
0.95% |
Return on Common Equity (ROCE) |
|
7.87% |
8.44% |
4.50% |
7.96% |
8.24% |
10.12% |
6.86% |
12.52% |
10.09% |
8.81% |
8.80% |
Return on Equity Simple (ROE_SIMPLE) |
|
7.81% |
7.54% |
3.86% |
7.31% |
8.10% |
9.73% |
6.78% |
11.86% |
10.06% |
8.47% |
8.56% |
Net Operating Profit after Tax (NOPAT) |
|
22 |
27 |
20 |
44 |
51 |
66 |
47 |
92 |
78 |
71 |
76 |
NOPAT Margin |
|
18.44% |
18.63% |
14.08% |
21.78% |
23.16% |
28.01% |
18.57% |
33.80% |
26.38% |
23.96% |
25.38% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
53.89% |
52.35% |
65.97% |
49.97% |
48.82% |
49.32% |
47.77% |
49.08% |
49.83% |
51.88% |
52.92% |
Operating Expenses to Revenue |
|
72.39% |
72.10% |
102.52% |
64.58% |
62.89% |
62.26% |
61.34% |
61.64% |
63.06% |
66.49% |
66.17% |
Earnings before Interest and Taxes (EBIT) |
|
30 |
37 |
-8.31 |
62 |
61 |
80 |
57 |
114 |
97 |
89 |
95 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
35 |
42 |
-2.89 |
69 |
67 |
86 |
65 |
120 |
102 |
94 |
104 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.83 |
0.84 |
1.26 |
0.99 |
0.83 |
0.99 |
0.76 |
1.03 |
0.90 |
0.74 |
0.96 |
Price to Tangible Book Value (P/TBV) |
|
1.15 |
1.29 |
2.02 |
1.43 |
1.18 |
1.36 |
1.04 |
1.36 |
1.19 |
0.95 |
1.21 |
Price to Revenue (P/Rev) |
|
1.96 |
2.09 |
4.60 |
2.95 |
2.38 |
2.84 |
2.09 |
2.93 |
2.37 |
2.10 |
2.84 |
Price to Earnings (P/E) |
|
10.61 |
11.19 |
32.69 |
13.56 |
10.30 |
10.15 |
11.28 |
8.68 |
8.99 |
8.76 |
11.21 |
Dividend Yield |
|
5.50% |
5.12% |
3.33% |
3.57% |
4.51% |
3.52% |
4.42% |
2.96% |
3.46% |
3.98% |
2.87% |
Earnings Yield |
|
9.42% |
8.94% |
3.06% |
7.37% |
9.71% |
9.85% |
8.87% |
11.52% |
11.12% |
11.41% |
8.92% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.73 |
0.73 |
1.08 |
0.92 |
0.80 |
0.86 |
0.62 |
0.12 |
0.81 |
0.64 |
0.71 |
Enterprise Value to Revenue (EV/Rev) |
|
1.99 |
2.17 |
7.20 |
4.34 |
3.85 |
3.43 |
2.46 |
0.44 |
3.34 |
2.82 |
3.03 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
6.91 |
7.62 |
0.00 |
12.70 |
12.62 |
9.32 |
9.62 |
1.00 |
9.68 |
8.87 |
8.74 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.06 |
8.59 |
0.00 |
14.21 |
13.85 |
10.06 |
10.91 |
1.05 |
10.18 |
9.45 |
9.53 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
10.76 |
11.66 |
51.14 |
19.92 |
16.63 |
12.26 |
13.23 |
1.31 |
12.67 |
11.79 |
11.96 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.05 |
8.08 |
29.95 |
12.79 |
9.78 |
11.01 |
12.13 |
1.18 |
9.04 |
9.34 |
12.09 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
17.77 |
0.00 |
0.00 |
108.16 |
0.00 |
4.46 |
0.00 |
1.12 |
0.00 |
0.00 |
8.45 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.15 |
0.20 |
0.83 |
0.59 |
0.69 |
0.39 |
0.45 |
0.28 |
0.57 |
0.55 |
0.43 |
Long-Term Debt to Equity |
|
0.15 |
0.14 |
0.44 |
0.41 |
0.38 |
0.36 |
0.42 |
0.25 |
0.31 |
0.55 |
0.42 |
Financial Leverage |
|
0.14 |
0.18 |
0.57 |
0.70 |
0.64 |
0.53 |
0.42 |
0.36 |
0.42 |
0.56 |
0.49 |
Leverage Ratio |
|
7.83 |
7.92 |
8.20 |
7.92 |
7.77 |
7.98 |
8.57 |
9.18 |
9.25 |
9.29 |
9.21 |
Compound Leverage Factor |
|
7.83 |
7.92 |
-23.10 |
7.92 |
7.77 |
7.98 |
8.57 |
9.18 |
9.25 |
9.29 |
9.21 |
Debt to Total Capital |
|
12.85% |
16.91% |
45.26% |
37.08% |
40.77% |
28.08% |
31.02% |
21.66% |
36.19% |
35.66% |
30.28% |
Short-Term Debt to Total Capital |
|
0.00% |
5.56% |
21.25% |
10.99% |
18.01% |
1.99% |
1.78% |
2.04% |
16.20% |
0.48% |
0.88% |
Long-Term Debt to Total Capital |
|
12.85% |
11.35% |
24.01% |
26.09% |
22.77% |
26.09% |
29.24% |
19.63% |
19.99% |
35.17% |
29.41% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
87.15% |
83.09% |
54.74% |
62.92% |
59.23% |
71.92% |
68.98% |
78.34% |
64.00% |
64.34% |
69.72% |
Debt to EBITDA |
|
1.21 |
1.76 |
-144.81 |
5.14 |
6.45 |
3.05 |
4.83 |
1.78 |
4.30 |
4.92 |
3.71 |
Net Debt to EBITDA |
|
0.10 |
0.31 |
-124.77 |
4.05 |
4.81 |
1.60 |
1.42 |
-5.63 |
2.81 |
2.28 |
0.54 |
Long-Term Debt to EBITDA |
|
1.21 |
1.18 |
-76.81 |
3.62 |
3.60 |
2.83 |
4.55 |
1.61 |
2.38 |
4.85 |
3.60 |
Debt to NOPAT |
|
1.89 |
2.70 |
21.42 |
8.06 |
8.50 |
4.01 |
6.64 |
2.33 |
5.64 |
6.54 |
5.08 |
Net Debt to NOPAT |
|
0.15 |
0.47 |
18.45 |
6.35 |
6.34 |
2.11 |
1.95 |
-7.37 |
3.68 |
3.03 |
0.75 |
Long-Term Debt to NOPAT |
|
1.89 |
1.81 |
11.36 |
5.67 |
4.75 |
3.73 |
6.26 |
2.11 |
3.11 |
6.45 |
4.93 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-0.15% |
-0.14% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
13 |
-81 |
-468 |
8.12 |
-44 |
181 |
-18 |
108 |
-151 |
-16 |
107 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
3.37 |
-10.09 |
-37.82 |
0.41 |
-1.37 |
4.03 |
-0.62 |
5.06 |
-4.46 |
-0.11 |
0.53 |
Operating Cash Flow to Interest Expense |
|
7.44 |
4.88 |
2.69 |
3.46 |
2.65 |
1.63 |
1.73 |
4.79 |
3.23 |
0.59 |
0.37 |
Operating Cash Flow Less CapEx to Interest Expense |
|
7.44 |
5.37 |
2.69 |
3.46 |
2.69 |
1.66 |
1.73 |
4.79 |
3.43 |
0.60 |
0.39 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.06 |
0.04 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
3.39 |
3.70 |
2.62 |
3.23 |
3.60 |
4.04 |
4.50 |
4.83 |
5.49 |
5.80 |
6.10 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
327 |
435 |
923 |
959 |
1,054 |
939 |
1,004 |
988 |
1,217 |
1,304 |
1,273 |
Invested Capital Turnover |
|
0.37 |
0.38 |
0.20 |
0.22 |
0.22 |
0.24 |
0.26 |
0.27 |
0.27 |
0.24 |
0.23 |
Increase / (Decrease) in Invested Capital |
|
8.77 |
109 |
488 |
36 |
95 |
-115 |
65 |
-16 |
229 |
87 |
-32 |
Enterprise Value (EV) |
|
239 |
318 |
997 |
878 |
841 |
806 |
621 |
120 |
990 |
838 |
908 |
Market Capitalization |
|
236 |
305 |
638 |
598 |
520 |
667 |
529 |
797 |
702 |
623 |
851 |
Book Value per Share |
|
$17.55 |
$18.52 |
$19.01 |
$22.61 |
$21.29 |
$23.02 |
$23.66 |
$26.28 |
$26.63 |
$28.44 |
$30.55 |
Tangible Book Value per Share |
|
$12.62 |
$12.10 |
$11.89 |
$15.62 |
$15.00 |
$16.79 |
$17.46 |
$19.91 |
$20.24 |
$22.12 |
$24.22 |
Total Capital |
|
327 |
435 |
923 |
959 |
1,054 |
939 |
1,004 |
988 |
1,217 |
1,304 |
1,273 |
Total Debt |
|
42 |
74 |
418 |
356 |
430 |
264 |
311 |
214 |
440 |
465 |
385 |
Total Long-Term Debt |
|
42 |
49 |
222 |
250 |
240 |
245 |
294 |
194 |
243 |
459 |
374 |
Net Debt |
|
3.41 |
13 |
360 |
280 |
320 |
138 |
92 |
-676 |
288 |
215 |
57 |
Capital Expenditures (CapEx) |
|
0.00 |
-4.00 |
0.00 |
0.00 |
-1.17 |
-1.41 |
-0.00 |
0.00 |
-6.85 |
-1.88 |
-2.37 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
42 |
74 |
418 |
356 |
430 |
264 |
311 |
214 |
440 |
465 |
385 |
Total Depreciation and Amortization (D&A) |
|
4.94 |
4.67 |
5.42 |
7.31 |
5.95 |
6.40 |
7.63 |
5.72 |
5.10 |
5.81 |
8.57 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.37 |
$1.39 |
$0.85 |
$1.64 |
$1.72 |
$2.24 |
$1.60 |
$3.12 |
$2.66 |
$2.42 |
$2.60 |
Adjusted Weighted Average Basic Shares Outstanding |
|
20.06M |
19.61M |
26.60M |
29.36M |
29.29M |
29.35M |
29.32M |
29.53M |
29.29M |
29.53M |
29.00M |
Adjusted Diluted Earnings per Share |
|
$1.36 |
$1.39 |
$0.84 |
$1.64 |
$1.72 |
$2.24 |
$1.60 |
$3.11 |
$2.64 |
$2.41 |
$2.58 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
20.06M |
19.61M |
26.60M |
29.36M |
29.29M |
29.35M |
29.32M |
29.53M |
29.29M |
29.53M |
29.00M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
20.06M |
19.61M |
26.60M |
29.36M |
29.29M |
29.35M |
29.32M |
29.53M |
29.29M |
29.53M |
29.00M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
23 |
30 |
34 |
44 |
51 |
66 |
48 |
92 |
78 |
72 |
76 |
Normalized NOPAT Margin |
|
19.24% |
20.74% |
24.72% |
21.78% |
23.38% |
28.01% |
19.04% |
33.80% |
26.43% |
24.37% |
25.38% |
Pre Tax Income Margin |
|
24.62% |
25.30% |
16.89% |
30.54% |
27.81% |
34.12% |
22.52% |
42.09% |
32.82% |
29.88% |
31.85% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
7.43 |
4.59 |
-0.67 |
3.12 |
1.87 |
1.78 |
1.92 |
5.36 |
2.87 |
0.58 |
0.47 |
NOPAT to Interest Expense |
|
5.56 |
3.38 |
1.58 |
2.22 |
1.56 |
1.46 |
1.59 |
4.30 |
2.30 |
0.47 |
0.38 |
EBIT Less CapEx to Interest Expense |
|
7.43 |
5.09 |
-0.67 |
3.12 |
1.91 |
1.82 |
1.92 |
5.36 |
3.07 |
0.60 |
0.49 |
NOPAT Less CapEx to Interest Expense |
|
5.56 |
3.88 |
1.58 |
2.22 |
1.59 |
1.50 |
1.59 |
4.30 |
2.51 |
0.48 |
0.39 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
47.38% |
46.12% |
74.61% |
48.30% |
46.49% |
35.66% |
37.38% |
25.68% |
31.50% |
35.23% |
32.72% |
Augmented Payout Ratio |
|
68.10% |
95.05% |
117.46% |
56.28% |
58.32% |
38.77% |
46.72% |
26.00% |
46.07% |
35.88% |
57.58% |
Quarterly Metrics And Ratios for Univest Corporation of Pennsylvania
This table displays calculated financial ratios and metrics derived from Univest Corporation of Pennsylvania's official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
23.47% |
17.68% |
5.24% |
-5.15% |
-13.35% |
-2.45% |
-2.91% |
1.48% |
7.60% |
2.77% |
12.55% |
EBITDA Growth |
|
36.77% |
3.35% |
25.28% |
-17.94% |
-27.47% |
10.22% |
6.35% |
12.91% |
10.08% |
-3.96% |
11.69% |
EBIT Growth |
|
34.75% |
3.63% |
27.47% |
-18.15% |
-31.15% |
-2.01% |
7.91% |
9.96% |
16.47% |
7.83% |
10.73% |
NOPAT Growth |
|
36.89% |
3.53% |
27.60% |
-18.20% |
-31.81% |
-3.47% |
7.78% |
9.18% |
16.53% |
10.29% |
10.33% |
Net Income Growth |
|
36.89% |
3.53% |
27.60% |
-18.20% |
-31.81% |
-3.47% |
7.78% |
9.18% |
16.53% |
10.29% |
10.33% |
EPS Growth |
|
37.93% |
4.41% |
26.67% |
-18.31% |
-31.25% |
-2.82% |
8.77% |
8.62% |
16.36% |
11.59% |
11.29% |
Operating Cash Flow Growth |
|
-29.40% |
-13.37% |
-46.01% |
-8.17% |
7.30% |
-44.22% |
-117.65% |
78.43% |
0.61% |
34.88% |
781.76% |
Free Cash Flow Firm Growth |
|
-712.24% |
-940.34% |
-434.64% |
-452.11% |
65.36% |
149.12% |
160.89% |
120.30% |
170.97% |
-82.11% |
-95.44% |
Invested Capital Growth |
|
23.20% |
45.80% |
43.85% |
25.41% |
7.18% |
-13.30% |
-16.69% |
-2.41% |
-2.42% |
-1.24% |
0.60% |
Revenue Q/Q Growth |
|
8.09% |
-4.10% |
-6.12% |
-2.54% |
-1.25% |
7.96% |
-6.56% |
1.87% |
4.70% |
3.12% |
2.33% |
EBITDA Q/Q Growth |
|
10.19% |
-8.62% |
-18.94% |
0.54% |
-2.60% |
41.11% |
-21.79% |
6.74% |
-5.04% |
21.14% |
-9.04% |
EBIT Q/Q Growth |
|
14.03% |
-11.98% |
-19.73% |
1.59% |
-4.07% |
25.26% |
-11.60% |
3.52% |
1.61% |
15.96% |
-9.22% |
NOPAT Q/Q Growth |
|
14.59% |
-11.76% |
-20.13% |
1.29% |
-4.48% |
24.92% |
-10.82% |
2.60% |
1.95% |
18.24% |
-10.79% |
Net Income Q/Q Growth |
|
14.59% |
-11.76% |
-20.13% |
1.29% |
-4.48% |
24.92% |
-10.82% |
2.60% |
1.95% |
18.24% |
-10.79% |
EPS Q/Q Growth |
|
12.68% |
-11.25% |
-19.72% |
1.75% |
-5.17% |
25.45% |
-10.14% |
1.61% |
1.59% |
20.31% |
-10.39% |
Operating Cash Flow Q/Q Growth |
|
9.41% |
-20.16% |
-6.83% |
12.84% |
27.84% |
-58.50% |
-129.49% |
1,240.57% |
-27.92% |
-44.36% |
49.04% |
Free Cash Flow Firm Q/Q Growth |
|
-363.59% |
-109.92% |
-3.50% |
45.19% |
70.91% |
397.66% |
28.29% |
-81.73% |
1.71% |
-24.96% |
-67.28% |
Invested Capital Q/Q Growth |
|
18.26% |
18.23% |
5.54% |
-15.01% |
1.07% |
-4.36% |
1.41% |
-0.43% |
1.05% |
-3.21% |
3.30% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
36.72% |
34.98% |
30.21% |
31.16% |
30.73% |
39.53% |
33.09% |
34.67% |
31.44% |
36.94% |
32.83% |
EBIT Margin |
|
35.97% |
33.02% |
28.23% |
29.43% |
28.58% |
33.16% |
31.37% |
31.88% |
30.94% |
34.80% |
30.87% |
Profit (Net Income) Margin |
|
28.94% |
26.63% |
22.65% |
23.54% |
22.77% |
26.35% |
25.15% |
25.33% |
24.66% |
28.28% |
24.65% |
Tax Burden Percent |
|
80.44% |
80.65% |
80.24% |
80.00% |
79.66% |
79.45% |
80.15% |
79.43% |
79.70% |
81.27% |
79.86% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
19.56% |
19.35% |
19.76% |
20.00% |
20.34% |
20.55% |
19.85% |
20.57% |
20.30% |
18.73% |
20.14% |
Return on Invested Capital (ROIC) |
|
7.77% |
6.76% |
5.49% |
6.25% |
5.36% |
5.79% |
5.29% |
5.84% |
5.73% |
6.87% |
6.03% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.77% |
6.76% |
5.49% |
6.25% |
5.36% |
5.79% |
5.29% |
5.84% |
5.73% |
6.87% |
6.03% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.28% |
3.67% |
3.51% |
3.03% |
3.00% |
3.68% |
3.58% |
3.00% |
2.82% |
2.88% |
2.61% |
Return on Equity (ROE) |
|
11.06% |
10.43% |
9.00% |
9.28% |
8.37% |
9.46% |
8.87% |
8.84% |
8.55% |
9.76% |
8.64% |
Cash Return on Invested Capital (CROIC) |
|
-13.70% |
-30.77% |
-29.55% |
-15.76% |
-1.29% |
19.49% |
23.36% |
8.18% |
8.34% |
7.54% |
5.70% |
Operating Return on Assets (OROA) |
|
1.49% |
1.41% |
1.23% |
1.23% |
1.13% |
1.29% |
1.19% |
1.17% |
1.16% |
1.33% |
1.21% |
Return on Assets (ROA) |
|
1.19% |
1.13% |
0.99% |
0.98% |
0.90% |
1.03% |
0.95% |
0.93% |
0.93% |
1.08% |
0.97% |
Return on Common Equity (ROCE) |
|
11.07% |
10.43% |
9.00% |
9.28% |
8.38% |
9.46% |
8.87% |
8.84% |
8.55% |
9.76% |
8.64% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
9.87% |
10.24% |
9.75% |
0.00% |
8.34% |
8.39% |
8.35% |
0.00% |
8.64% |
8.71% |
Net Operating Profit after Tax (NOPAT) |
|
24 |
21 |
17 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
NOPAT Margin |
|
28.94% |
26.63% |
22.65% |
23.54% |
22.77% |
26.35% |
25.15% |
25.33% |
24.66% |
28.28% |
24.65% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
45.32% |
49.54% |
51.55% |
53.13% |
53.54% |
52.21% |
53.93% |
53.41% |
52.23% |
49.90% |
49.63% |
Operating Expenses to Revenue |
|
57.45% |
62.70% |
67.15% |
67.77% |
68.71% |
64.98% |
67.64% |
66.19% |
65.96% |
62.29% |
62.11% |
Earnings before Interest and Taxes (EBIT) |
|
30 |
26 |
21 |
21 |
20 |
26 |
23 |
23 |
24 |
28 |
25 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
30 |
28 |
22 |
23 |
22 |
30 |
24 |
25 |
24 |
29 |
27 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.90 |
0.82 |
0.63 |
0.61 |
0.74 |
0.72 |
0.78 |
0.94 |
0.96 |
0.91 |
0.95 |
Price to Tangible Book Value (P/TBV) |
|
1.19 |
1.07 |
0.82 |
0.79 |
0.95 |
0.91 |
0.99 |
1.18 |
1.21 |
1.14 |
1.18 |
Price to Revenue (P/Rev) |
|
2.37 |
2.12 |
1.62 |
1.60 |
2.10 |
2.05 |
2.26 |
2.79 |
2.84 |
2.73 |
2.80 |
Price to Earnings (P/E) |
|
8.99 |
8.28 |
6.13 |
6.25 |
8.76 |
8.58 |
9.25 |
11.21 |
11.21 |
10.54 |
10.86 |
Dividend Yield |
|
3.46% |
3.77% |
4.89% |
5.03% |
3.98% |
4.11% |
3.71% |
2.99% |
2.87% |
2.96% |
2.83% |
Earnings Yield |
|
11.12% |
12.07% |
16.30% |
15.99% |
11.41% |
11.66% |
10.82% |
8.92% |
8.92% |
9.49% |
9.21% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.81 |
0.80 |
0.71 |
0.53 |
0.64 |
0.65 |
0.70 |
0.55 |
0.71 |
0.80 |
0.84 |
Enterprise Value to Revenue (EV/Rev) |
|
3.34 |
3.75 |
3.46 |
2.23 |
2.82 |
2.73 |
3.02 |
2.38 |
3.03 |
3.26 |
3.42 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.68 |
11.19 |
10.01 |
6.66 |
8.87 |
8.28 |
8.94 |
6.87 |
8.74 |
9.56 |
10.08 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.18 |
11.77 |
10.51 |
7.00 |
9.45 |
9.14 |
9.83 |
7.60 |
9.53 |
10.09 |
10.66 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
12.67 |
14.65 |
13.08 |
8.71 |
11.79 |
11.45 |
12.31 |
9.54 |
11.96 |
12.58 |
13.31 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.04 |
10.87 |
12.01 |
7.80 |
9.34 |
10.00 |
15.26 |
9.32 |
12.09 |
12.41 |
10.05 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
3.08 |
2.71 |
6.70 |
8.45 |
10.50 |
14.70 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.57 |
0.80 |
0.89 |
0.60 |
0.55 |
0.48 |
0.48 |
0.44 |
0.43 |
0.36 |
0.39 |
Long-Term Debt to Equity |
|
0.31 |
0.46 |
0.58 |
0.58 |
0.55 |
0.47 |
0.47 |
0.43 |
0.42 |
0.36 |
0.38 |
Financial Leverage |
|
0.42 |
0.54 |
0.64 |
0.49 |
0.56 |
0.64 |
0.68 |
0.51 |
0.49 |
0.42 |
0.43 |
Leverage Ratio |
|
9.25 |
9.20 |
9.11 |
9.44 |
9.29 |
9.20 |
9.31 |
9.52 |
9.21 |
9.00 |
8.92 |
Compound Leverage Factor |
|
9.25 |
9.20 |
9.11 |
9.44 |
9.29 |
9.20 |
9.31 |
9.52 |
9.21 |
9.00 |
8.92 |
Debt to Total Capital |
|
36.19% |
44.50% |
46.97% |
37.45% |
35.66% |
32.36% |
32.48% |
30.36% |
30.28% |
26.66% |
27.96% |
Short-Term Debt to Total Capital |
|
16.20% |
18.90% |
16.11% |
1.14% |
0.48% |
0.39% |
0.93% |
0.66% |
0.88% |
0.33% |
0.49% |
Long-Term Debt to Total Capital |
|
19.99% |
25.60% |
30.86% |
36.31% |
35.17% |
31.98% |
31.54% |
29.71% |
29.41% |
26.33% |
27.47% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
64.00% |
55.50% |
53.03% |
62.55% |
64.34% |
67.64% |
67.52% |
69.64% |
69.72% |
73.34% |
72.04% |
Debt to EBITDA |
|
4.30 |
6.20 |
6.62 |
4.70 |
4.92 |
4.15 |
4.16 |
3.76 |
3.71 |
3.20 |
3.37 |
Net Debt to EBITDA |
|
2.81 |
4.86 |
5.32 |
1.88 |
2.28 |
2.08 |
2.23 |
-1.20 |
0.54 |
1.55 |
1.85 |
Long-Term Debt to EBITDA |
|
2.38 |
3.57 |
4.35 |
4.56 |
4.85 |
4.10 |
4.04 |
3.68 |
3.60 |
3.16 |
3.31 |
Debt to NOPAT |
|
5.64 |
8.12 |
8.65 |
6.14 |
6.54 |
5.74 |
5.73 |
5.22 |
5.08 |
4.21 |
4.45 |
Net Debt to NOPAT |
|
3.68 |
6.37 |
6.95 |
2.45 |
3.03 |
2.87 |
3.07 |
-1.67 |
0.75 |
2.04 |
2.45 |
Long-Term Debt to NOPAT |
|
3.11 |
4.67 |
5.68 |
5.96 |
6.45 |
5.67 |
5.57 |
5.11 |
4.93 |
4.16 |
4.37 |
Noncontrolling Interest Sharing Ratio |
|
-0.15% |
0.00% |
0.00% |
0.00% |
-0.14% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-205 |
-431 |
-446 |
-244 |
-71 |
212 |
272 |
50 |
50 |
38 |
12 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
33,787.95% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-13.26 |
-18.00 |
-12.46 |
-5.62 |
-1.47 |
4.49 |
5.56 |
0.93 |
0.97 |
0.81 |
0.27 |
Operating Cash Flow to Interest Expense |
|
1.68 |
0.87 |
0.54 |
0.50 |
0.58 |
0.25 |
-0.07 |
0.73 |
0.54 |
0.33 |
0.50 |
Operating Cash Flow Less CapEx to Interest Expense |
|
1.68 |
0.87 |
0.56 |
0.51 |
0.59 |
0.30 |
-0.07 |
0.73 |
0.54 |
0.34 |
0.51 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
5.49 |
6.00 |
6.10 |
6.05 |
5.80 |
5.84 |
5.84 |
5.95 |
6.10 |
6.28 |
6.51 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,217 |
1,439 |
1,518 |
1,291 |
1,304 |
1,247 |
1,265 |
1,259 |
1,273 |
1,232 |
1,273 |
Invested Capital Turnover |
|
0.27 |
0.25 |
0.24 |
0.27 |
0.24 |
0.22 |
0.21 |
0.23 |
0.23 |
0.24 |
0.24 |
Increase / (Decrease) in Invested Capital |
|
229 |
452 |
463 |
262 |
87 |
-191 |
-253 |
-31 |
-32 |
-15 |
7.59 |
Enterprise Value (EV) |
|
990 |
1,155 |
1,079 |
685 |
838 |
806 |
883 |
699 |
908 |
982 |
1,063 |
Market Capitalization |
|
702 |
653 |
506 |
492 |
623 |
604 |
663 |
821 |
851 |
822 |
868 |
Book Value per Share |
|
$26.63 |
$27.26 |
$27.36 |
$27.39 |
$28.44 |
$28.82 |
$29.18 |
$30.07 |
$30.55 |
$31.15 |
$31.74 |
Tangible Book Value per Share |
|
$20.24 |
$20.89 |
$21.03 |
$21.06 |
$22.12 |
$22.57 |
$22.92 |
$23.80 |
$24.22 |
$24.82 |
$25.39 |
Total Capital |
|
1,217 |
1,439 |
1,518 |
1,291 |
1,304 |
1,247 |
1,265 |
1,259 |
1,273 |
1,232 |
1,273 |
Total Debt |
|
440 |
640 |
713 |
483 |
465 |
404 |
411 |
382 |
385 |
328 |
356 |
Total Long-Term Debt |
|
243 |
368 |
469 |
469 |
459 |
399 |
399 |
374 |
374 |
324 |
350 |
Net Debt |
|
288 |
502 |
573 |
193 |
215 |
202 |
220 |
-122 |
57 |
159 |
195 |
Capital Expenditures (CapEx) |
|
-0.00 |
-0.01 |
-0.69 |
-0.34 |
-0.85 |
-2.44 |
-0.01 |
-0.01 |
0.08 |
-0.08 |
-0.22 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
440 |
640 |
713 |
483 |
465 |
404 |
411 |
382 |
385 |
328 |
356 |
Total Depreciation and Amortization (D&A) |
|
0.61 |
1.56 |
1.47 |
1.25 |
1.53 |
4.91 |
1.23 |
2.04 |
0.39 |
1.70 |
1.59 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.81 |
$0.72 |
$0.57 |
$0.58 |
$0.55 |
$0.69 |
$0.62 |
$0.64 |
$0.65 |
$0.77 |
$0.69 |
Adjusted Weighted Average Basic Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Adjusted Diluted Earnings per Share |
|
$0.80 |
$0.71 |
$0.57 |
$0.58 |
$0.55 |
$0.69 |
$0.62 |
$0.63 |
$0.64 |
$0.77 |
$0.69 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
29.29M |
29.43M |
29.47M |
29.51M |
29.53M |
29.27M |
29.17M |
29.04M |
29.00M |
28.88M |
28.81M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
24 |
21 |
18 |
17 |
16 |
20 |
18 |
19 |
19 |
22 |
20 |
Normalized NOPAT Margin |
|
28.94% |
26.63% |
24.09% |
23.54% |
22.77% |
26.35% |
25.15% |
25.33% |
24.66% |
28.28% |
24.65% |
Pre Tax Income Margin |
|
35.97% |
33.02% |
28.23% |
29.43% |
28.58% |
33.16% |
31.37% |
31.88% |
30.94% |
34.80% |
30.87% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.91 |
1.09 |
0.58 |
0.49 |
0.42 |
0.54 |
0.46 |
0.44 |
0.46 |
0.59 |
0.54 |
NOPAT to Interest Expense |
|
1.54 |
0.88 |
0.47 |
0.39 |
0.34 |
0.43 |
0.37 |
0.35 |
0.36 |
0.48 |
0.43 |
EBIT Less CapEx to Interest Expense |
|
1.91 |
1.09 |
0.60 |
0.50 |
0.44 |
0.59 |
0.46 |
0.44 |
0.46 |
0.59 |
0.55 |
NOPAT Less CapEx to Interest Expense |
|
1.54 |
0.88 |
0.49 |
0.40 |
0.35 |
0.48 |
0.37 |
0.35 |
0.36 |
0.48 |
0.44 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
31.50% |
31.25% |
30.22% |
31.71% |
35.23% |
35.65% |
34.94% |
34.22% |
32.72% |
32.18% |
31.40% |
Augmented Payout Ratio |
|
46.07% |
31.25% |
34.85% |
31.71% |
35.88% |
45.52% |
50.26% |
54.93% |
57.58% |
56.47% |
56.19% |
Key Financial Trends
Univest Corporation of Pennsylvania (NASDAQ: UVSP) has demonstrated steady financial performance over the last four years, with trends in income, expenses, and cash flows reflecting consistent growth and prudent management.
Income Statement Highlights:
- Net interest income has grown steadily; Q2 2025 reports $59.5 million, up from $51.4 million in Q2 2022, showing improved core banking profitability.
- Total revenue increased from $70.5 million in Q2 2022 to $81.0 million in Q2 2025, driven by higher interest income and stable non-interest income.
- Net income attributable to common shareholders increased from $13.2 million (Q2 2022) to $20.0 million (Q2 2025), reflecting improved profitability.
- Earnings per share (diluted) rose from $0.45 in Q2 2022 to $0.69 in Q2 2025, indicating positive returns to shareholders on a per-share basis.
- Provision for credit losses has fluctuated but remains controlled, rising to $5.7 million in Q2 2025 from lower levels in prior years, an indicator of cautious loan loss provisioning.
- Interest expense has increased alongside interest income, from about $5.25 million in Q2 2022 to $46.2 million in Q2 2025, impacting net interest margin.
- Non-interest expense showed a rising trend, reaching $50.3 million in Q2 2025, which may pressure operating margins if unchecked.
Balance Sheet Observations:
- Total assets have increased from approximately $6.7 billion in Q2 2022 to nearly $7.9 billion in Q2 2025, reflecting asset growth through expanded loan portfolios and securities.
- Net loans and leases grew from about $5.59 billion in Q2 2022 to approximately $6.6 billion in Q2 2025, evidencing lending growth.
- Goodwill and intangible assets remain relatively stable, indicating no major acquisitions or impairments.
- Deposits, a primary funding source, have fluctuated with notable decreases in recent quarters, for example, a large net decrease of about $75.8 million in Q2 2025 financing activities, possibly affecting liquidity.
- Long-term debt has increased moderately, reaching $349.5 million in Q2 2025 from $194 million in Q2 2022, which raises leverage concerns but also supports growth.
Cash Flow Statement Insights:
- Operating cash flow improved significantly to $23.3 million in Q2 2025, compared to negative cash flows in some prior quarters, reflecting stronger business operations.
- Investing cash flow remains negative due to ongoing purchases of investment securities, with Q2 2025 seeing substantial outflows for investments (£15.3 million purchases), which indicates allocation of capital but affects cash reserves.
- Financing activities show substantial cash outflows, notably net cash used of $59.2 million in Q2 2025, including repayment of debt and dividends paid to shareholders, which could tighten short-term liquidity.
- Consistent dividend payments per share of $0.21 over the past years highlight the company's commitment to shareholder returns despite varying income.
Trend Summary:
- Univest shows overall revenue and net income growth driven by rising interest income and controlled credit losses.
- Asset and loan growth support the bank's expansion strategy.
- Rising interest and non-interest expenses could pressure profitability if the trends continue.
- Volatile deposit flows and increased reliance on debt financing present potential liquidity challenges.
- Steady dividend payments reflect stable cash distributions but may limit reinvestment capacity.
Retail investors should note the improving earnings and asset base, balanced against some rising costs and financing outflows. The company appears to be managing growth prudently, but monitoring expense control and deposit stability will be key going forward.
08/29/25 07:38 AM ETAI Generated. May Contain Errors.