Univest Financial Corporation · NASDAQ:UVSP
Univest Financial — Univest Corp of Pennsylvania — Investor Presentation (September 2016)
24 slides from Univest Financial's investor presentation, Sep 12, 2016
Slide 1: Investor Presentation
GUNIVEST BANKING | INSURANCE | INVESTMENTS Investor Presentation September 12 — 13, 2016
Slide 2: Safe Harbor Statement
Safe Harbor Statement icers and meaning of the safe harbor provisions of the U.S. identified by words such as: “believe, "anticipate, " within the 1995, d “expect,” “intend,” "plan," "goal," "target," “project” "may," “should” and similar Instead, thi liefs, bi future, outside of our control. Our st
Slide 3: Univest Company Overview
Univest Company Overview Headquartered in Souderton, Pennsylvania (Montgomery County) Bank founded in 1876, holding company formed in 1973 Engaged in financial services business, providing full range of banking, insurance and wealth management services — Comprehensive financial solutions delivered l
Slide 4: Univest Primary Service Area
nivest Primary Service Area Nine counties in Southeastern PA and one in South Jersey E | INVESTMENTS
Slide 5: Recent Highlights
Recent Highlights = Proven operating results, holding company profitable in all years of existence with profits every quarter since 1984 Disciplined and experienced M&A targeting and integration, successfully acquiring and integrating six transactions in the last five years; building franchise value
Slide 6: Diversification Strategy
Diversification Strategy Vv Diversification from bank “only” to a financial services company began in 1999 Diversified businesses include wealth management, insurance, mortgage banking and leasing Increased fee income to manage through credit and interest rate cycles Continue to target 60% of revenu
Slide 7: Recent Initiatives
Recent Initiatives Capitalizing on market disruption to recruit experienced sales personnel to drive organic revenue growth Developed and implemented new financial center model that is smaller in size and delivers consultative services augmented by technology Comprehensive mobile app (both iPhone an
Slide 8: Commercial Banking lenders and relationship managers
Commercial Banking 62 lenders and relationship managers operating in three divisions established by Commercial Loan Detail as of 6/30/2016 geography (INCLUDES FXCB ACQUIRED LOANS) * Northern Division: Bucks and Montgomery counties and the Lehigh Valley Southern Division: Chester, Delaware and Philad
Slide 9: Financial Service Centers
Financial Service Centers 36 Financial Service Centers (“FSC”) located in Bucks, Montgomery, Philadelphia, Chester and Lancaster counties; also operating 12 retirement centers in Bucks and Montgomery counties Proactively addressed continued reduction in transactional volume by closing six FSC in Sep
Slide 10: Univest Financial Center Locations
Univest Financial Center Locations | INVESTMENTS
Slide 11: Mortgage Banking
Mortgage Banking 40 Home Loan Consultants operating in Bucks, Chester and Montgomery counties and the Lehigh Valley = Centralized underwriting and closing Primary agency lender: FNMA, FHLMC, FHA, VA and USDA FNMA and FHLMC eligible loans sold servicing retained FHA, VA and USDA loans sold to corresp
Slide 12: Univest Capital, Inc.
Univest Capital, Inc. Equipment financing business with $129 million in lease receivables as of June 30, 2016 - Average lease size $22,000, typically with three year term Primary industries served: health care, education, automotive, golf and energy Manage residual risk by primarily using $1 buyout
Slide 13: Wealth Management
Wealth Management = C ive wealth platform including broker / dealer, municipal pension services, registered investment advisor, Assets Under Management retirement plan services and trust Organic growth supplemented by acquisition Trust powers obtained in 1928 Broker / Dealer acquired in 1999 Municip
Slide 14: Independent insurance agency
= Independent insurance agency with more than 60 carrier relationships Written Premiums $160,000 = Full service agency providing commercial and personal lines, employee benefits and HR consulting $120,000 solutions 3 $20,000 Built via a series of eight acquisitions beginning in 2000. Latest acquisit
Slide 15: Market Opportunity
Market Opportunity With BB&1's acquisitions of Susquehanna Bancshares and National Penn Bancshares, Univest is one of the four largest community focused financial institutions remaining headquartered in the market (Bryn Mawr Trust, WSFS and Beneficial). Only one of the four primarily located north o
Slide 16: Executive Leadership Team
Executive Leadership Team Executive Leadership Team Jeffrey M. Schweitzer 4B 9 President and CEO, Univest Corporation of PA Michael S. Keim 49 8 President, Univest Bank and Trust Co. Roger S. Deacon 53 a Senior Executive Vice President, Chief Financial Officer Duane J. Brobst 64 23 Senior Executive
Slide 17: Attractive Investment Opportunity
Attractive Investment Opportunity Super-Community Bank located in attractive Southeastern Pennsylvania market Diversified lines of business and revenue streams Strong credit quality ROA exceeds 1.00% in 2014 and 2015 (excluding integration, acquisition related and restructuring charges) Attractive D
Slide 18: Summary Financial Highlights
Summary Financial Highlights VUNIVEST
Slide 19: Summary Financial Highlights
Summary Financial Highlights Assets ‘$4,000,000 $3,000,000 | 8 | 3 2.000.000 | a | a | $1,000,000 2010 2011 2012 2013 2014 2015 2016 2016 w/ FXCB Net Loans mlnvestments mOther Assets m Cash BANKING | INSURANCE | INVESTME:
Slide 20: Summary Financial Highlights
Summary Financial Highlights LOAN & LEASE DETAIL BLUR 30, 2016 (INCLUDES FXCB ACQUIRED Lt Lease Financings, 4.1% Commercial, “includes Residential Real Estate secured for Business Purposes ($3.1 Billion at June 30, 2016) INVESTMENT PORTFOLIO AT JUNE 30, 2016 (INCLUDES FXCB ACQUIRED SECURITIES) US Ag
Slide 21: Summary Financial Highlights
Summary Financial Highlights Liabilities $3,750,000 $3,000,000 50,0 012 2013 2014 2015 201 exc Noninterest sits m Other Liabilities $'s (000) $3,000,000 $2,250,000 $750,000 Deposit Detail 1 DD, Noninterest-Bearing Regular Savings 2012 2013 2014 2015 2016 2016 exe DO, Interest- Bearing Time Deposits
Slide 22: Summary Financial Highlights
Summary Financial Highlights Nonperforming Assets Non-Accrual Loans and Leases $50,000 $50,000 180.00% 125% Fy $40,000 i ‘Sine 160.00% : 1.00% 2 ‘ 3 S 140.0% 2 = ms00 ann 8 = smp00 2 8 5 3 120006 2 Fy 2 A $20,000 ose S $20,000 3 4 10000% § $10,000 is $10,000 Z oase & sooo = g : 0.00% 5 60.00% 2010 2
Slide 23: Summary Financial Highlights
Summary Financial Highlights Tier 1 Capital | | | je G ) 210 ©2011 2012, 201320142015 2016 Tier 1 Leverage Ratio | a lal " , t i 20102011 2012-2013. 2014.S 20152016, Total RBC 2010 © -2011.«S 20122013. 201420152016 Univest maintains robust capital levels 2015 Capital Ratios reflect adoption of Basel
Slide 24: GUNIVEST
GUNIVEST
Univest Corp of Pennsylvania — Investor Presentation (September 2016) on 6ix