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Univest Financial Corporation UVSP Wealth Management — Income Tax
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Where this comes from
Reported directly by Univest Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
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 |
|---|---|---|---|---|---|
| Deposit insurance premiums | 1,118 | — | — | — | 1,118 |
| Intangible expense | 23 | — | 69 | — | 92 |
| Other segment items (2) | 5,804 | 540 | 67 | 591 | 7,002 |
| Intersegment expense (revenue) (3) | 7,495 | 159 | 112 | (7,766) | — |
| Income (loss) before income taxes | $28,133 | $2,433 | $1,054 | $(3,062) | $28,558 |
| Income tax expense (benefit) | 5,652 | 497 | 212 | (756) | 5,605 |
| Net income (loss) | $22,481 | $1,936 | $842 | $(2,306) | $22,953 |
| Net capital expenditures | $928 | $5 | $22 | $111 | $1,066 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Univest Financial Corporation's wealth management — income tax?
- Univest Financial Corporation (UVSP) reported wealth management — income tax of $497K in Q2 2026.
- How has Univest Financial Corporation's wealth management — income tax changed year-over-year?
- Univest Financial Corporation's wealth management — income tax increased by 38.8% year-over-year, from $358K to $497K.
- What is the long-term trend for Univest Financial Corporation's wealth management — income tax?
- Over 4 years (2021 to 2025), Univest Financial Corporation's wealth management — income tax has grown at a -1.2% compound annual growth rate (CAGR), from $1.76M to $1.67M.
- What does wealth management — income tax mean?
- Represents the tax provision allocated to the wealth management segment based on its pre-tax earnings and applicable tax jurisdictions. It reflects the net impact of tax obligations on the segment's final contribution to the company's net income.
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