Univest Financial Corporation UVSP Banking1 — Net occupancy
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Where this comes from
Reported directly by Univest Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
The official record: Univest Financial Corporation’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Univest Financial Corporation's banking1 — net occupancy?
- Univest Financial Corporation (UVSP) reported banking1 — net occupancy of $2.42M in Q1 2026.
- How has Univest Financial Corporation's banking1 — net occupancy changed year-over-year?
- Univest Financial Corporation's banking1 — net occupancy increased by 5.8% year-over-year, from $2.29M to $2.42M.
- What is the long-term trend for Univest Financial Corporation's banking1 — net occupancy?
- Over 3 years (2022 to 2025), Univest Financial Corporation's banking1 — net occupancy has grown at a 0.9% compound annual growth rate (CAGR), from $8.68M to $8.93M.
- What does banking1 — net occupancy mean?
- This represents the net costs associated with maintaining physical branch locations and administrative offices, including rent, utilities, maintenance, and depreciation. It serves as a key indicator of the segment's physical footprint and fixed overhead costs. Managing these costs is vital for maintaining operational efficiency in a digital-first banking environment.