Univest Financial Corp (UVSP, Financial) experienced a significant stock movement with prices plummeting by 5.17%. The share price fell to $30.55 with a trading volume of 92,497 shares and a turnover rate of 0.32%. The stock volatility was recorded at 3.87%.
Recent financial reports showed Univest Financial Corp's revenue at $127 million, with a net profit of $18.58 million and earnings per share of $0.64. The price-to-earnings (P/E) ratio stands at 12.29. There are currently no institutional ratings for the stock, indicating a "buy," "hold," or "sell" status.
Within the banking sector, where Univest operates, the overall decline was 1.48%. Notably, other related stocks such as Fanhua Inc, Loandepot, Inc., and M&T Bank showed significant gains. Meanwhile, Uwm Holdings Corporation, Grupo Supervielle S.A., and Rocket Companies, Inc. were actively traded with turnover rates of 2.28%, 1.90%, and 1.38%, respectively. Stocks with notable volatility included Better Home & Finance Holding, Fanhua Inc, and Ameris Bancorp, with volatilities of 20.43%, 16.36%, and 11.99% respectively.
Univest Financial Corp, headquartered in Pennsylvania, provides domestic banking services to individuals, businesses, municipalities, and non-profit organizations. The company operates through three segments: banking, wealth management, and insurance. The banking segment offers comprehensive financial services, including deposits, lending, mortgage banking, and equipment lease financing. Wealth management provides investment advisory and financial planning services, while the insurance segment offers commercial property and casualty insurance, employee benefits, personal insurance lines, and human resource consulting services. The majority of its revenue is generated by the banking segment.
