Univest Financial

Q2 FY2026 EarningsQ2 FY26 results missed consensus on the bottom line primarily due to a significant one-time valuation adjustment. Diluted EPS of $0.82 missed the $0.87 mean estimate, driven by a $5.2M pre-tax write-down on an OREO property (-$0.15 per share impact). Total revenue of $84.4M was slightly below the $86.7M expectation. However, core performance was robust: Net Interest Margin (NIM) expanded 29bps YoY to 3.49%, and non-interest income from Wealth Management and Mortgage Banking grew 10.7% and 37.2% YoY, respectively. Excluding the OREO charge, adjusted EPS would have been approximately $0.97, representing a substantial core beat.