Univest Financial
Market Cap
US$469.3m
Last Updated
2020/03/31 01:25 UTC
Data Sources
Company Financials +
Executive Summary
Univest Financial Corporation operates as the holding company for Univest Bank and Trust Co.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -8.9% per year for the next 3 years
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.4%
UVSP
6.0%
US Banks
7.2%
US Market
1 Year Return
-35.9%
UVSP
-26.4%
US Banks
-10.4%
US Market
Return vs Industry: UVSP underperformed the US Banks industry which returned -26.9% over the past year.
Return vs Market: UVSP underperformed the US Market which returned -12.7% over the past year.
Shareholder returns
| UVSP | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.4% | 6.0% | 7.2% |
| 30 Day | -31.7% | -24.0% | -12.6% |
| 90 Day | -40.3% | -38.0% | -19.4% |
| 1 Year | -33.7%-35.9% | -24.1%-26.4% | -8.5%-10.4% |
| 3 Year | -32.8%-38.7% | -15.8%-21.9% | 15.8%8.3% |
| 5 Year | -3.9%-18.6% | 13.2%0.2% | 35.8%21.0% |
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
3 days ago | Simply Wall St
A Sliding Share Price Has Us Looking At Univest Financial Corporation's (NASDAQ:UVSP) P/E Ratio4 days ago | Simply Wall St
Imagine Owning Univest Financial (NASDAQ:UVSP) And Wondering If The 44% Share Price Slide Is Justified2 weeks ago | Simply Wall St
How Does Univest Financial's (NASDAQ:UVSP) P/E Compare To Its Industry, After The Share Price Drop?Valuation
Is Univest Financial undervalued compared to its fair value and its price relative to the market?
45.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UVSP ($15.55) is trading below our estimate of fair value ($29.1)
Significantly Below Fair Value: UVSP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UVSP is good value based on its PE Ratio (6.9x) compared to the Banks industry average (8.8x).
PE vs Market: UVSP is good value based on its PE Ratio (6.9x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: UVSP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: UVSP is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).
Next Steps
Future Growth
How is Univest Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UVSP's earnings are forecast to decline over the next 3 years (-8.9% per year).
Earnings vs Market: UVSP's earnings are forecast to decline over the next 3 years (-8.9% per year).
High Growth Earnings: UVSP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: UVSP's revenue (3.3% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: UVSP's revenue (3.3% 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 (7.7%).
Next Steps
Past Performance
How has Univest Financial performed over the past 5 years?
24.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UVSP has high quality earnings.
Growing Profit Margin: UVSP's current net profit margins (29.1%) are higher than last year (25.6%).
Past Earnings Growth Analysis
Earnings Trend: UVSP's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: UVSP's earnings growth over the past year (30%) exceeds its 5-year average (24.9% per year).
Earnings vs Industry: UVSP earnings growth over the past year (30%) exceeded the Banks industry 11%.
Return on Equity
High ROE: UVSP's Return on Equity (9.7%) 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
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 0.6x debt).
Financial Institutions Analysis
Asset Level: UVSP's level of assets compared to its equity is low.
Allowance for Bad Loans: UVSP has a low 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 (0.88%)
Next Steps
Dividend
What is Univest Financial's current dividend yield, its reliability and sustainability?
5.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UVSP's dividend (5.14%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: UVSP's dividend (5.14%) is low compared to the top 25% of dividend payers in the US market (5.49%).
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 reasonably low payout ratio (35.7%), UVSP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UVSP's dividends in 3 years are forecast to be well covered by earnings (43.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Jeff Schweitzer (45yo)
6.17s
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 below average for companies of similar size in the US market ($USD2.17M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.17yrs | US$1.33m | 0.18% $823.2k | |
| Executive VP & CFO | 0.67yr | US$383.52k | 0.019% $86.9k | |
| Senior Executive VP | 4yrs | US$464.37k | 0.017% $81.4k | |
| Senior Executive Vice President | 12.17yrs | US$565.66k | 0.13% $620.7k | |
| Senior Executive Vice President | 5.17yrs | US$826.76k | 0.11% $505.8k | |
| Executive VP & Chief Information Officer | no data | US$408.28k | no data | |
| Senior VP & Director of Corporate Communications | 8yrs | no data | no data | |
| Senior VP & Director of Marketing | 8yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | no data | no data | |
| Executive Vice President | no data | US$151.72k | no data |
6.2yrs
Average Tenure
48yo
Average Age
Experienced Management: UVSP's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.17yrs | US$1.33m | 0.18% $823.2k | |
| Independent Director | 3.67yrs | US$102.61k | 0.14% $661.3k | |
| Independent Director | 3.67yrs | US$81.41k | 0.27% $1.3m | |
| Independent Director | 4.83yrs | US$98.81k | 0.038% $180.4k | |
| Independent Chairman of the Board | 15.17yrs | US$142.51k | 0.49% $2.3m | |
| Independent Director | 15.17yrs | US$84.41k | 0.28% $1.3m | |
| Independent Director | 3.67yrs | US$88.01k | 0.12% $563.9k | |
| Independent Director | 2.67yrs | US$76.21k | 0.0090% $42.3k | |
| Independent Director | 3.25yrs | US$88.91k | 0.026% $121.7k | |
| Independent Director | 5.17yrs | US$91.71k | 0.076% $358.6k |
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$469.280m
- Shares outstanding: 29.35m
- Website: https://www.univest.net
Number of Employees
Location
- Univest Financial Corporation
- Univest Plaza
- 14 North Main Street
- Souderton
- Pennsylvania
- 18964
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UVSP | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 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: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit making, loan origination and servicing, mortgage banking, other general banking services, and equipment lease financing for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers trust and investment advisory services, guardian and custodian services, and other trust and brokerage services, as well as manages private investment accounts for individuals and institutions. The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines, and human resources consulting services. The company also offers investment consulting and management, fiduciary, financial and retirement planning, investment management services. It serves customers in Bucks, Berks, Chester, Delaware, Lancaster, Lehigh, Montgomery, Northampton, and Philadelphia counties in Pennsylvania; and Atlantic and Cape May counties in New Jersey through 55 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:25 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.