Press Release|Financial Institutions
KBRA Publishes Surveillance Report for Univest Financial Corporation
12 Jun 2024 | New York
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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