NasdaqGS:UVSP

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


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


Market Performance


7 Day Return

1.4%

UVSP

2.9%

US Banks

0.07%

US Market


1 Year Return

8.4%

UVSP

8.6%

US Banks

8.9%

US Market

Return vs Industry: UVSP exceeded the US Banks industry which returned 8.6% over the past year.

Return vs Market: UVSP matched the US Market which returned 8.9% over the past year.


Shareholder returns

UVSPIndustryMarket
7 Day1.4%2.9%0.07%
30 Day-3.4%3.4%-0.3%
90 Day-3.1%2.1%-1.6%
1 Year12.1%8.4%11.8%8.6%11.3%8.9%
3 Year15.6%5.7%54.8%44.1%46.3%36.8%
5 Year46.1%23.3%70.2%51.6%62.1%44.3%

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?

11.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UVSP ($25.2) is trading above our estimate of fair value ($15.59)

Significantly Below Fair Value: UVSP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UVSP is good value based on its PE Ratio (11.2x) compared to the Banks industry average (12.6x).

PE vs Market: UVSP is good value based on its PE Ratio (11.2x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UVSP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UVSP is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Univest Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.6%

Forecasted Banks industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if UVSP's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if UVSP's earnings are forecast to grow faster than the US market

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

Revenue vs Market: Insufficient data to determine if UVSP's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if UVSP's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UVSP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Univest Financial performed over the past 5 years?

22.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UVSP's earnings have grown significantly by 22.1% per year over the past 5 years.

Accelerating Growth: UVSP's earnings growth over the past year (70.4%) exceeds its 5-year average (22.1% per year).

Earnings vs Industry: UVSP earnings growth over the past year (70.4%) exceeded the Banks industry 29.7%.


Return on Equity

High ROE: UVSP's Return on Equity (10.1%) is considered low.


Return on Assets

ROA vs Industry: UVSP has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate UVSP's Return on Capital Employed to determine if it has improved over the past 3 years.


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

Inventory Level: UVSP has a low level of unsold assets or inventory.

Debt Coverage by Assets: UVSP's debt is not covered by short term assets (assets are 0.4x debt).


Financial Institutions Analysis

Asset Level: UVSP's level of assets compared to its equity is low.

Allowance for Bad Loans: UVSP has a sufficient allowance for bad loans.

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

Loan Level: UVSP has an acceptable proportion of non-loan assets held.

Low Risk Deposits: UVSP's loans are broadly funded by customer deposits.

Level of Bad Loans: UVSP has an appropriate level of bad loans (0.64%)


Next Steps

Dividend

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

3.17%

Current Dividend Yield


Dividend Yield vs Market

company3.2%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Years3.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: UVSP's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: UVSP's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (3.68%).

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 reasonably low payout ratio (35.6%), UVSP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Univest Financial's salary, the management and board of directors tenure and is there insider trading?

6.7yrs

Average management tenure


CEO

Jeff Schweitzer (45yo)

5.8yrs

Tenure

US$1,188,401

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 ($USD1.19M) is about average for companies of similar size in the US market ($USD2.67M).

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


Management Age and Tenure

6.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: UVSP's management team is seasoned and experienced (6.7 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

61yo

Average Age

Experienced Board: UVSP's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$62,60013 May 19
Robert Wonderling
EntityIndividual
Shares2,500
Max PriceUS$25.04
BuyUS$12,75006 Dec 18
Charles Zimmerman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$25.50
BuyUS$24,90015 Nov 18
Glenn Moyer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$24.90

Ownership Breakdown


Management Team

  • George Terry (81yo)

    Executive Vice President

    • Tenure: 0yrs
    • Compensation: US$151.72k
  • Kim Detwiler

    Senior VP & Director of Corporate Communications

    • Tenure: 7.6yrs
  • Jeff Schweitzer (45yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$1.19m
  • Duane Brobst (66yo)

    Senior Executive Vice President

    • Tenure: 11.8yrs
    • Compensation: US$436.84k
  • Carmella Faust

    Senior VP & Director of Marketing

    • Tenure: 7.6yrs
  • Eric Conner (48yo)

    Executive VP & Chief Information Officer

    • Tenure: 0yrs
    • Compensation: US$408.28k
  • Mike Keim (51yo)

    Senior Executive Vice President

    • Tenure: 0yrs
    • Compensation: US$700.40k
  • Megan Santana

    Executive VP

    • Tenure: 3.7yrs
    • Compensation: US$399.79k
  • M. Schwartzer

    Executive VP & Chief Human Resources Officer

    • Tenure: 0yrs
  • Brian Richardson (36yo)

    Chief Financial Officer

    • Tenure: 0.3yrs

Board Members

  • Roger Ballou (68yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$84.00k
  • Tom Petro (60yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$69.20k
  • Glenn Moyer (67yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: US$96.40k
  • Bill Aichele (68yo)

    Chairman of the Board

    • Tenure: 14.8yrs
    • Compensation: US$135.50k
  • K. Moyer (69yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$72.65k
  • Todd Benning (59yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$73.43k
  • Natalye Paquin (59yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$69.65k
  • Jeff Schweitzer (45yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$1.19m
  • Charles Zimmerman (60yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: US$78.90k
  • Mike Turner (62yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$80.00k

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$738.497m
  • Shares outstanding: 29.31m
  • Website: https://www.univest.net

Number of Employees


Location

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:45
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.