← UNIVEST FINANCIAL Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $19.5m |
$44.1m
+126.07%
|
$50.5m
+14.63%
|
$65.7m
+30.03%
|
$46.9m
-28.61%
|
$91.8m
+95.67%
|
$78.1m
-14.90%
|
$71.1m
-8.98%
|
$75.9m
+6.79%
|
$90.8m
+19.53%
|
— | |
| Amortization | $5.6m | $2.6m | $2.2m | $1.6m | — | — | — | — | — | — | ($825k) | |
| Amortization of Intangible Assets | $4.1m | $4.2m | $3.4m | $3.5m | $4.5m | $965k | $1.2m | $845k | $648k | $469k | — | |
| Depreciation, Nonproduction | $4.1m | $5.6m | $5.6m | $5.3m | $4.8m | $4.7m | $4.5m | $5.1m | $5.5m | $5.5m | $4.7m | |
| Amortization Cash Flow | — | — | — | — | — | — | ($693k) | ($411k) | $2.0m | $512k | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | ($693k) | ($411k) | $2.0m | $512k | ($825k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.8m | $4.6m | $7.5m | $6.0m | $4.7m | |
| Deferred Income Tax Expense (Benefit) | $942k | $7.5m | ($599k) | ($1.8m) | ($9.9m) | $3.6m | ($545k) | ($710k) | ($1.3m) | $508k | $508k | |
| Deferred Tax | — | — | — | — | — | — | ($545k) | ($710k) | ($1.3m) | $508k | $508k | |
| Share-based Payment Arrangement, Noncash Expense | $2.1m | $3.2m | $2.6m | $2.3m | $1.5m | $3.7m | $4.1m | $4.2m | $4.6m | $4.7m | $4.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $355k | $903k | $1.2m | $873k | $1.6m | — | |
| Share-based Payment Arrangement, Expense | $2.2m | $3.2m | $2.6m | $2.4m | $1.6m | $3.8m | $4.2m | $4.3m | $4.7m | $4.8m | $4.6m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $134k | $8.3m | ($8.2m) | ($3.9m) | $1.8m | |
| Change In Receivables | — | — | — | — | — | — | ($5.9m) | ($8.9m) | ($12.0m) | $2.1m | $3.2m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($5.9m) | ($8.9m) | ($12.0m) | $2.1m | $3.2m | |
| Increase (Decrease) in Other Operating Assets | ($2.0m) | $1.4m | ($4.5m) | $2.3m | $2.8m | $3.1m | $5.9m | $8.9m | $12.0m | ($2.1m) | — | |
| Increase (Decrease) in Other Operating Liabilities | $2.2m | $215k | $6.5m | $1.4m | $8.6m | $2.2m | $6.0m | $17.1m | $3.8m | ($6.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $33.3m |
$68.7m
+106.15%
|
$86.0m
+25.26%
|
$73.1m
-14.95%
|
$51.2m
-30.03%
|
$102.3m
+99.96%
|
$109.5m
+6.96%
|
$89.7m
-18.01%
|
$75.1m
-16.31%
|
$101.5m
+35.16%
|
$105.8m
+4.23%
|
|
| Cash flows from investing activities: | ||||||||||||
| Equipment Expense | $3.5m | $4.1m | $4.1m | $4.2m | $3.8m | $3.9m | $3.9m | $4.1m | $4.5m | $4.3m | — | |
| Capital Expenditure | — | — | — | — | — | — | ($5.2m) | ($6.7m) | ($3.1m) | ($4.6m) | ($4.5m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $110.9m | $94.9m | $54.7m | $67.0m | $54.8m | $50.4m | $31.6m | $30.7m | $55.9m | $54.8m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $94.8m | $0 | $0 | — | — | $3.8m | $0 | $0 | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | $737k | $4.2m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $2.2m | ($7.6m) | ($4.1m) | $5.5m | $3.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($294.6m) | ($352.1m) | ($431.3m) | ($343.4m) | ($867.4m) | ($126.8m) | ($897.6m) | ($454.4m) | ($259.7m) | ($83.7m) | ($126.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $15.0m | $65.0m | $20.0m | $20.0m | — | — | — | — | — | — | ($100.0m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | $10k | $54k | $871k | $145k | $30k | $0 | $18k | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $20.0m | $95.0m | $10.0m | $25.0m | — | — | — | — | — | — | $50.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $50.0m | $250.0m | $0 | $100.0m | $50.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $50.0m | $250.0m | $0 | $100.0m | $50.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($35.0m) | ($85.0m) | ($175.0m) | ($100.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $227.0m | $24.2m | ($80.1m) | ($61.8m) | ($55.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $50.0m | $215.0m | ($85.0m) | ($75.0m) | ($50.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $177.0m | ($190.8m) | $4.9m | $13.2m | ($5.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($35.0m) | ($85.0m) | ($175.0m) | ($100.0m) | |
| Payments for Repurchase of Common Stock | $8.4m | $3.5m | $6.0m | $2.0m | $4.5m | $295k | $11.4m | $462k | $18.9m | $34.6m | — | |
| Payments of Ordinary Dividends, Common Stock | $17.0m | $21.3m | $23.5m | $23.4m | $17.5m | $23.6m | $24.6m | $25.1m | $24.8m | $25.3m | ($25.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($24.6m) | ($25.1m) | ($24.8m) | ($25.3m) | ($25.0m) | |
| Common Stock Issuance | — | — | — | — | — | — | $2.5m | $2.6m | $2.4m | $2.3m | $2.3m | |
| Common Stock Payments | — | — | — | — | — | — | ($12.3m) | ($1.7m) | ($19.8m) | ($36.2m) | ($21.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $2.5m | $2.6m | $2.4m | $2.3m | $2.3m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($9.7m) | $871k | ($17.4m) | ($33.9m) | ($19.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($12.3m) | ($1.7m) | ($19.8m) | ($36.2m) | ($21.4m) | |
| Other Interest and Dividend Income | $790k | $1.5m | $2.0m | $2.2m | $1.7m | $1.4m | $1.6m | $2.9m | $2.9m | $2.8m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($24.6m) | ($25.1m) | ($24.8m) | ($25.3m) | ($25.0m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($949k) | ($635k) | ($635k) | ($1.4m) | ($635k) | |
| Net Cash Provided by (Used in) Financing Activities | $277.7m |
$281.4m
+1.35%
|
$379.3m
+34.79%
|
$285.9m
-24.62%
|
$910.9m
+218.59%
|
$694.7m
-23.73%
|
$50.8m
-92.69%
|
$461.7m
+808.74%
|
$263.7m
-42.89%
|
$207.0m
-21.48%
|
($9.8m)
-104.72%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $890.1m | $152.8m | $249.8m | $328.8m | $190.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $109.4m | $125.1m | $219.9m | $890.1m | $152.8m | $249.8m | $328.8m | $553.7m | $160.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $40.8m | ($10.1m) | $12.2m | $10.8m | $5.9m | $11.7m | $11.8m | |
| Bank Owned Life Insurance Income | $2.9m | $4.0m | $3.2m | $3.2m | $2.9m | $4.0m | $3.8m | $3.2m | $3.9m | $5.8m | — | |
| Proceeds from Stock Options Exercised | — | — | $1.1m | $1.2m | $384k | $2.1m | $698k | $115k | $3.2m | $1.4m | — | |
| Parent Company | $17.0m | $21.3m | $23.5m | $23.4m | $17.5m | $23.6m | $24.6m | $25.1m | $24.8m | $25.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $14.0m | $21.5m | $30.9m | $44.5m | $29.2m | $21.8m | $32.7m | $139.6m | $191.5m | $200.4m | — | |
| Income Taxes Paid, Net | $8.1m | $12.6m | $2.0m | $17.2m | $17.3m | $26.6m | $11.9m | $16.8m | $20.7m | $21.1m | — | |
| Additional Financial Items | ||||||||||||
| Asset Acquisition Contingent Consideration Liability | — | — | — | — | — | — | $1.8m | $1.2m | $635k | $0 | — | |
| Goodwill | $172.6m | $172.6m | $172.6m | $172.6m | $172.6m | $175.5m | $175.5m | $175.5m | $175.5m | $175.5m | — | |
| Income Tax Expense (Benefit) | $3.9m | $17.7m | $10.1m | $14.3m | $10.0m | $22.5m | $19.1m | $17.6m | $19.4m | $22.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($200k) | ($118k) | ($12k) | $17k | ($201k) | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | $5.5m | $12.2m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $50.8m | $461.7m | $263.7m | $207.0m | ($9.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($897.6m) | ($454.4m) | ($259.7m) | ($83.7m) | ($126.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $6.0m | $17.1m | $3.8m | ($6.0m) | ($1.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($737.4m) | $97.0m | $79.0m | $224.9m | — | |
| Change In Payable | — | — | — | — | — | — | $6.0m | $17.1m | $3.8m | ($6.0m) | ($1.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($737.4m) | $97.0m | $79.0m | $224.9m | ($30.5m) | |
| End Cash Position | — | — | — | — | — | — | $152.8m | $249.8m | $328.8m | $553.7m | $160.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $50.8m |
$461.7m
+808.74%
|
$263.7m
-42.89%
|
$207.0m
-21.48%
|
($9.8m)
-104.72%
|
|
| Free Cash Flow | — | — | — | — | — | — | $104.2m | $83.0m | $72.0m | $96.9m | $101.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($30k) | $0 | ($18k) | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($897.6m) | ($454.4m) | ($259.7m) | ($83.7m) | ($126.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($3.8m) | $0 | $0 | — | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($67.3m) | $6.8m | $6.0m | $15.9m | $2.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $1.6m | ($4.8m) | ($737k) | ($4.2m) | ($4.3m) | |
| Operating Gains Losses | — | — | — | — | — | ($145k) | ($30k) | — | ($18k) | — | ($18k) | |
| Other Non Cash Items | — | — | — | — | — | — | $10.2m | ($9.7m) | ($10.4m) | ($9.2m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $698k | $115k | $3.2m | $1.4m | $3.1m | |
| Purchase Of Business | — | — | — | — | — | ($3.8m) | $0 | $0 | — | — | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($136.5m) | ($40.0m) | ($70.7m) | ($60.3m) | ($66.3m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($5.2m) | ($6.7m) | ($3.1m) | ($4.6m) | ($4.5m) | |
| Sale Of Investment | — | — | — | — | — | — | $69.2m | $46.8m | $76.8m | $76.2m | $68.3m | |
| Sale Of PPE | — | — | — | — | — | — | $6.8m | $1.9m | $2.4m | $411k | $227k | |
| Stock Based Compensation | — | — | — | — | — | — | $4.1m | $4.2m | $4.6m | $4.7m | $4.6m |