KBRA Publishes Surveillance Report for Univest Financial Corporation

12 Jun 2024   |   New York

Contacts

On April 17, 2024, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Souderton, Pennsylvania-based Univest Financial Corporation (NASDAQ: UVSP). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for Univest Bank & Trust Co., the main subsidiary. The Outlook of all long-term ratings is Stable.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1004689

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