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Univest Financial Corporation UVSP Data processing and equipment
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Where this comes from
Reported directly by Univest Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: Univest Financial Corporation’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 2:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000102212-26-000037
| (Dollars in thousands, except per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Salaries, benefits and commissions | 33,208 | 31,536 | 66,667 | 62,362 |
| Net occupancy | 2,938 | 2,739 | 5,936 | 5,592 |
| Equipment | 1,122 | 1,043 | 2,201 | 2,165 |
| Data processing | 4,627 | 4,408 | 9,107 | 8,772 |
| Professional fees | 2,029 | 1,597 | 3,706 | 3,394 |
| Marketing and advertising | 988 | 498 | 1,622 | 851 |
| Deposit insurance premiums | 1,118 | 1,074 | 2,288 | 2,225 |
| Intangible expenses | 92 | 131 | 185 | 261 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Univest Financial Corporation's data processing and equipment?
- Univest Financial Corporation (UVSP) reported data processing and equipment of $4.63M in Q2 2026.
- How has Univest Financial Corporation's data processing and equipment changed year-over-year?
- Univest Financial Corporation's data processing and equipment increased by 5.0% year-over-year, from $4.41M to $4.63M.
- What is the long-term trend for Univest Financial Corporation's data processing and equipment?
- Over 4 years (2021 to 2025), Univest Financial Corporation's data processing and equipment has grown at a 8.1% compound annual growth rate (CAGR), from $12.74M to $17.43M.
- What does data processing and equipment mean?
- This metric represents the total costs incurred by the financial institution for maintaining and operating its core banking systems, digital platforms, and data infrastructure. It encompasses expenses related to software licensing, cloud services, and third-party processing vendors essential for transaction execution and customer service delivery. Monitoring this figure helps investors assess the company's investment in digital transformation and its operational scalability.
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