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Univest Financial Corp ($UVSP)

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UVSP Overview

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust 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 taking, 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 of employee benefits, and other trust and brokerage services, as well as manages private investment accounts for individuals and institutions.The Insurance segment provides commercial property and casualty insurance, group life and health coverage, employee benefits solutions, personal insurance lines, and human resources consulting services.It serves customers in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic and Cape May counties in New Jersey through 39 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. (From: StockAnalysis.com)

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