NasdaqGS:UVSP

Stock Analysis Report

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Executive Summary

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Univest Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UVSP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: UVSP's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-2.6%

UVSP

-0.7%

US Banks

-0.5%

US Market


1 Year Return

-25.7%

UVSP

-21.9%

US Banks

18.3%

US Market

Return vs Industry: UVSP underperformed the US Banks industry which returned -21.7% over the past year.

Return vs Market: UVSP underperformed the US Market which returned 19.1% over the past year.


Shareholder returns

UVSPIndustryMarket
7 Day-2.6%-0.7%-0.5%
30 Day16.4%10.1%3.6%
90 Day16.9%12.4%5.6%
1 Year-22.6%-25.7%-19.1%-21.9%21.0%18.3%
3 Year-26.6%-33.8%-4.4%-12.4%45.2%35.6%
5 Year8.6%-8.3%29.2%13.1%89.8%68.8%

Long-Term Price Volatility Vs. Market

How volatile is Univest Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Univest Financial undervalued compared to its fair value and its price relative to the market?

6.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UVSP ($18.88) is trading below our estimate of fair value ($20.4)

Significantly Below Fair Value: UVSP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: UVSP is poor value based on its PE Ratio (15.1x) compared to the US Banks industry average (11.2x).

PE vs Market: UVSP is good value based on its PE Ratio (15.1x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: UVSP is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: UVSP's PB Ratio (0.8x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is Univest Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

25.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UVSP's forecast earnings growth (25% per year) is above the savings rate (2.2%).

Earnings vs Market: UVSP's earnings (25% per year) are forecast to grow faster than the US market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UVSP's revenue (2.2% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: UVSP's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UVSP's Return on Equity is forecast to be low in 3 years time (8.7%).


Next Steps

Past Performance

How has Univest Financial performed over the past 5 years?

17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UVSP has high quality earnings.

Growing Profit Margin: UVSP's current net profit margins (18.8%) are lower than last year (30.4%).


Past Earnings Growth Analysis

Earnings Trend: UVSP's earnings have grown by 17.5% per year over the past 5 years.

Accelerating Growth: UVSP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UVSP had negative earnings growth (-46.7%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).


Return on Equity

High ROE: UVSP's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is Univest Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: UVSP's Assets to Equity ratio (9.5x) is low.

Allowance for Bad Loans: UVSP has a sufficient allowance for bad loans (273%).

Low Risk Liabilities: 91% of UVSP's liabilities are made up of primarily low risk sources of funding.

Loan Level: UVSP has an appropriate level of Loans to Assets ratio (80%).

Low Risk Deposits: UVSP's Loans to Deposits ratio (98%) is appropriate.

Level of Bad Loans: UVSP has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Univest Financial current dividend yield, its reliability and sustainability?

4.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UVSP's dividend (4.24%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: UVSP's dividend (4.24%) is in the top 25% of dividend payers in the US market (4.2%)


Stability and Growth of Payments

Stable Dividend: UVSP's dividends per share have been stable in the past 10 years.

Growing Dividend: UVSP's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64%), UVSP's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UVSP's dividends in 3 years are forecast to be well covered by earnings (43.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Jeff Schweitzer (46 yo)

6.83yrs

Tenure

US$1,325,057

Compensation

Mr. Jeffrey M. Schweitzer, also known as Jeff, CPA, has been the Chief Executive Officer at Univest Bank and Trust Co., since January 01, 2014. Mr. Schweitzer serves as the Chief Executive Officer and Pres...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD1.33M) is about average for companies of similar size in the US market ($USD1.82M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Schweitzer
President6.83yrsUS$1.33m0.18%
$ 1.0m
Brian Richardson
Executive VP & CFO1.33yrsUS$383.52k0.019%
$ 104.0k
Megan Santana
Senior Executive VP4.75yrsUS$464.37k0.017%
$ 97.4k
Duane Brobst
Senior Executive Vice President12.83yrsUS$565.66k0.13%
$ 743.0k
Michael Keim
Senior EVP & Directorno dataUS$826.76k0.11%
$ 605.4k
Eric Conner
Executive VP & Chief Information Officerno dataUS$408.28kno data
Kimberly Detwiler
Senior VP & Director of Corporate Communications8.67yrsno datano data
Carmella Faust
Senior VP & Director of Marketing8.67yrsno datano data
M. Schwartzer
Executive VP & Chief Human Resources Officerno datano datano data
George Terry
Executive Vice Presidentno dataUS$151.72kno data
Karen Tejkl
Senior Vice Presidentno datano datano data
John Duerksen
Executive Vice President of Corporate Banking - Montgomery County12.25yrsno datano data

7.8yrs

Average Tenure

49yo

Average Age

Experienced Management: UVSP's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Schweitzer
President6.83yrsUS$1.33m0.18%
$ 1.0m
Michael Keim
Senior EVP & Directorno dataUS$826.76k0.11%
$ 605.4k
Roger Ballou
Independent Director4.33yrsUS$102.61k0.14%
$ 791.5k
Thomas Petro
Independent Director4.33yrsUS$81.41k0.28%
$ 1.5m
Glenn Moyer
Independent Director5.5yrsUS$98.81k0.044%
$ 245.5k
William Aichele
Independent Chairman of the Board15.83yrsUS$142.51k0.49%
$ 2.8m
K. Moyer
Independent Director15.83yrsUS$84.41k0.28%
$ 1.6m
Todd Benning
Independent Director4.33yrsUS$88.01k0.12%
$ 675.0k
Natalye Paquin
Independent Director3.33yrsUS$76.21k0.025%
$ 141.3k
Charles Zimmerman
Independent Director4yrsUS$88.91k0.026%
$ 145.7k
Robert Wonderling
Independent Director1.83yrsUS$74.01k0.021%
$ 116.1k
Michael Turner
Independent Director5.83yrsUS$91.71k0.077%
$ 429.3k

4.3yrs

Average Tenure

61yo

Average Age

Experienced Board: UVSP's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UVSP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Univest Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Univest Financial Corporation
  • Ticker: UVSP
  • Exchange: NasdaqGS
  • Founded: 1876
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$560.173m
  • Shares outstanding: 29.27m
  • Website: https://www.univest.net

Number of Employees


Location

  • Univest Financial Corporation
  • 14 North Main Street
  • Souderton
  • Pennsylvania
  • 18964
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UVSPNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1982

Biography

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 00:05
End of Day Share Price2020/11/23 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.