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Univest Financial Corporation UVSP Wealth Management — 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 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 |
|---|---|---|---|---|---|
| Provision for credit losses | 2,672 | — | — | — | 2,672 |
| Less: (1) | |||||
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Univest Financial Corporation's wealth management — net occupancy?
- Univest Financial Corporation (UVSP) reported wealth management — net occupancy of $128K in Q2 2026.
- How has Univest Financial Corporation's wealth management — net occupancy changed year-over-year?
- Univest Financial Corporation's wealth management — net occupancy decreased by 0.0% year-over-year, from $128K to $128K.
- What is the long-term trend for Univest Financial Corporation's wealth management — net occupancy?
- Over 3 years (2022 to 2025), Univest Financial Corporation's wealth management — net occupancy has grown at a 26.8% compound annual growth rate (CAGR), from $244K to $497K.
- What does wealth management — net occupancy mean?
- Reflects the net costs associated with maintaining physical office space and facilities used by the wealth management segment, including rent, utilities, and maintenance. This metric helps evaluate the overhead efficiency of the segment's physical footprint relative to its revenue generation.
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