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Univest Financial Corporation UVSP Wealth Management — Provision for Credit Losses
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Where this comes from
Reported directly by Univest Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
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 |
|---|---|---|---|---|---|
| Net interest income (expense) | 67,876 | 14 | — | (1,642) | 66,248 |
| Noninterest income | 4,306 | 8,406 | 5,355 | 39 | 18,106 |
| Total revenue | 72,182 | 8,420 | 5,355 | (1,603) | 84,354 |
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Univest Financial Corporation's wealth management — provision for credit losses?
- Univest Financial Corporation (UVSP) reported wealth management — provision for credit losses of $0 in Q2 2026.
- What does wealth management — provision for credit losses mean?
- An expense set aside by the wealth management segment to cover potential losses from uncollectible loans or credit exposures within its portfolio. A lower provision relative to the portfolio size generally indicates high asset quality and effective risk management practices.
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