UNIVEST FINANCIAL Corp
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 23, 2026
UVSP$40.83-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
| (a) | 1. & 2. Financial Statements and Schedules |
|---|---|
| The financial statements listed in the accompanying index to financial statements are filed as part of this annual report. | |
| 3. Listing of Exhibits | |
| (b) | Exhibits - The response to this portion of Item 15 is submitted as separate section. |
| (c) | Financial Statements Schedules - none. |
INDEX TO FINANCIAL STATEMENTS AND FINANCIAL STATEMENTS SCHEDULES
[Item 15(a) 1. & 2.]
Annual Report of Shareholders
| Page | |
|---|---|
| Report of Independent Registered Public Accounting Firm | 53 |
| Consolidated Balance Sheets at December 31, 2025 and 2024 | 55 |
| Consolidated Statements of Income for each of the three years in the period ended December 31, 2025 | 56 |
| Consolidated Statements of Comprehensive Income for each of the three years in the period ended December 31, 2025 | 57 |
| Consolidated Statements of Changes in Shareholders' Equity for each of the three years in the period ended December 31, 2025 | 58 |
| Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 2025 | 59 |
| Notes to Consolidated Financial Statements | 61 |
Certain financial statement schedules are omitted since the required information is not present or is not present in amounts sufficient to require submission of the schedule, or because the information required is included in the financial statements and notes thereto.
INDEX OF EXHIBITS
[Item 15(a) 3. & 15(b)]
Description
| (3.1) | Amended and Restated Articles of Incorporation are incorporated by reference to Exhibit 3.1 of Form 10-K, filed with the SEC on February 28, 2019. |
| (3.2) | Amended By-Laws are incorporated by reference to Exhibit 3.2 of Form 8-K, filed with the SEC on July 24, 2025. |
| (4.1) | Form of Common Stock Certificate of Univest Financial Corporation is incorporated by reference to Exhibit 4.1 of Form 10-K, filed with the SEC on February 26, 2021. |
| (4.2) | Description of Registrant's Securities are incorporated by reference to Exhibit 4.3 of Form 10-K, filed with the SEC on February 28, 2020. |
| (4.3) | Indenture, dated November 15, 2022 between Univest Financial Corporation and U.S. Bank Trust Company, National Association, as trustee, is incorporated by reference to Exhibit 4.1 of Form 8-K, as filed with the SEC on November 15, 2022. |
| (4.4) | First Supplemental Indenture, dated November 15, 2022, between Univest Financial Corporation and U.S. Bank Trust Company, National Association, as trustee, is incorporated by reference to Exhibit 4.2 of Form 8-K, as filed with the SEC on November 15, 2022. |
| (4.5) | Form of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2032 is incorporated by reference to Exhibit 4.2 of Form 8-K, filed with the SEC on November 15, 2022. |
| (4.6) | Indenture, dated November 6, 2025 between Univest Financial Corporation and UMB Bank, N/A., as trustee, is incorporated by reference to Exhibit 4.1 of Form 8-K, as filed with the SEC on November 6, 2025. |
| (4.7) | Form of 6.000% Fixed-to-Floating Rate Subordinated Notes due 2035 is incorporated by reference to Exhibit 4.2 of Form 8-K, filed with the SEC on November 6, 2025. |
| (10.1)* | Form of Change in Control Agreement, dated October 26, 2022, entered into between Univest Financial Corporation, Univest Bank and Trust Co. and each of Jeffrey M. Schweitzer, Michael S. Keim, Brian J. Richardson and Megan D. Santana, is incorporated by reference to Exhibit 10.1 of Form 8-K, filed with the SEC on October 27, 2022. |
| (10.2)* | Form of Change in Control Agreement, dated October 26, 2022, entered into between Univest Financial Corporation, Univest Bank and Trust Co. and Patrick C. McCormick is incorporated by reference to Exhibit 10.2 of Form 10-K, filed with the SEC on February 24, 2023. |
| (10.3)* | Univest Financial Corporation 2023 Equity Incentive Plan incorporated by reference to Appendix A to the proxy statement for the 2023 Annual Meeting of Shareholders filed with the SEC on March 17, 2023. |
| (10.4)* | Amended and Restated Univest 2013 Long-Term Incentive Plan is incorporated by reference to Exhibit 10.1 of Form 10-K filed with the SEC on February 28, 2019. |
| (10.5)* | 2026 Executive Incentive Compensation Plan |
| (19) | Insider Trading Policy |
| (21) | Subsidiaries of the Registrant. |
| (23.1) | Consent of independent registered public accounting firm, KPMG LLP. |
| (31.1) | Certification of Jeffrey M. Schweitzer, Chairman, President and Chief Executive Officer of the Corporation, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002. |
| (31.2) | Certification of Brian J. Richardson, Senior Executive Vice President and Chief Financial Officer of the Corporation, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002. |
| (32.1)** | Certification of Jeffrey M. Schweitzer, Chairman, President and Chief Executive Officer of the Corporation, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002. |
| (32.2)** | Certification of Brian J. Richardson, Senior Executive Vice President and Chief Financial Officer of the Corporation, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002. |
| (97.1) | Univest Financial Corporation Incentive Compensation Clawback Policy incorporated by reference to Exhibit 97.1 of Form 10-K, filed with the SEC on February 26, 2024. |
| (101) | The following financial statements from the Corporation's Annual Report on Form 10-K for the year ended December 31, 2025, formatted in Inline XBRL: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Income, (iii) Consolidated Statements of Comprehensive Income, (iv) Consolidated Statements of Changes in Shareholders' Equity, (v) Consolidated Statements of Cash Flows, and (vi) Notes to the Consolidated Financial Statements, tagged as blocks of text and including detailed tags. |
| (104) | The cover page from the Corporation's Annual Report on Form 10-K for the year ended December 31, 2025, formatted in Inline XBRL. |
- Denotes a compensatory plan or agreement.** A certification furnished pursuant to this item will not be deemed "filed" for purposes of Section 18 of the Exchange Act (15 S.C. 78r), or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act.
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