UVSP Earnings Prediction
The chart below shows how UVSP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UVSP sees a -3.64% change in stock price 10 days leading up to the earnings, and a +2.20% change 10 days following the report. On the earnings day itself, the stock moves by +0.23%. This data can give you a slight idea of what to expect for the next quarter's release.
UVSP Key Earning Data
UVSP Earnings Analysis
Positive
Q4 Net Income Performance: Net income for Q4 reached $18,900,000, translating to $0.65 per share, marking a strong financial performance for the quarter.
Loan Growth Analysis: Loans grew by $95,800,000 or 5.6% annualized in Q4, contributing to a total annual growth of $259,400,000 or 3.9% for 2024.
Non-Interest Income Growth: Non-interest income increased by $2,700,000 or 14.6% compared to Q4 of the prior year, driven by growth in wealth management, mortgage banking, and service fee income.
Credit Quality Improvement: Non-performing assets to total assets declined by 4 basis points during the quarter and 11 basis points for the year, indicating strong credit quality with minimal net charge-offs of 6 basis points for the year.
Tangible Book Value Growth: Tangible book value per share grew by 9.01% during 2024, reflecting effective capital management and shareholder value enhancement.
Negative
Deposit Decline Analysis: Deposits decreased by $94,900,000 during the quarter, primarily due to a seasonal decline in public funds deposits of $185,600,000 and a decrease in broker deposits of $13,400,000.
Credit Loss Provision Concerns: A provision for credit losses of $2,400,000 was recorded during the quarter, indicating potential concerns regarding future credit performance.
Rising Operational Costs: Non-interest expense increased by $1,600,000 or 3.3% compared to Q4 of 2023, reflecting rising operational costs.
Credit Loss Provision Increase: For 2025, the expected provision for credit losses is projected to be between $12,000,000 and $14,000,000, significantly higher than the previous year's charge-offs.
Modest Net Interest Income Growth: Net interest income guidance for 2025 anticipates only modest growth of approximately 5% to 7%, indicating limited revenue expansion potential.
UVSP FAQs
How does UVSP typically perform around its earnings report dates?
UVSP's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.64% change leading up to the report and a +2.20% change in the 10 days following the release.
Is Earnings call transcript: Univest Q4 2024 beats forecasts, stock dips positive or negative?
How can historical earnings data help predict future stock performance?
UVSP Earning Call Sentiment
Earnings call transcript: Univest Q4 2024 beats forecasts, stock dips
UVSP.O
2.02%
