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Univest Financial Corporation UVSP Wealth Management — Data processing
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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) | Three Months Ended / Banking | Three Months Ended / Wealth Management | Three Months Ended / Insurance | Three Months Ended / Other | Three Months Ended / Consolidated |
|---|---|---|---|---|---|
| Salaries, benefits and commissions | 19,806 | 4,518 | 3,717 | 5,167 | 33,208 |
| Net occupancy | 2,391 | 128 | 151 | 268 | 2,938 |
| Equipment | 833 | 11 | 22 | 256 | 1,122 |
| Data processing | 2,665 | 383 | 150 | 1,429 | 4,627 |
| Professional fees | 707 | 229 | 12 | 1,081 | 2,029 |
| Marketing and advertising | 535 | 19 | 1 | 433 | 988 |
| Deposit insurance premiums | 1,118 | — | — | — | 1,118 |
| Intangible expense | 23 | — | 69 | — | 92 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Univest Financial Corporation's wealth management — data processing?
- Univest Financial Corporation (UVSP) reported wealth management — data processing of $383K in Q2 2026.
- How has Univest Financial Corporation's wealth management — data processing changed year-over-year?
- Univest Financial Corporation's wealth management — data processing increased by 2.4% year-over-year, from $374K to $383K.
- What is the long-term trend for Univest Financial Corporation's wealth management — data processing?
- Over 3 years (2022 to 2025), Univest Financial Corporation's wealth management — data processing has grown at a 10.5% compound annual growth rate (CAGR), from $1.11M to $1.5M.
- What does wealth management — data processing mean?
- Captures the costs incurred for software licenses, cloud computing services, and data management systems essential for wealth management operations. It highlights the firm's investment in the technological infrastructure needed to manage client portfolios and financial data.
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