Q4 2024 Univest Financial Corp Earnings Call

The Univest Financial Corporation fourth-quarter 2024 earnings call will be conducted by Jeff Schweitzer and Brian Richardson .

Participants include Mike Keim , Chief Operating Officer and President of Univest Bank and Trust ; Brian Richardson , our Chief Financial Officer.

The conference call will feature a number of questions and analysts.

At the bottom of the page, please be advised that management may make forward-looking statements that express management's intentions, beliefs or expectations.

For 2024 , net interest income totaled $211.2 million .

For 2025 , we expect loan growth of approximately 3% to 5% with modest NIM expansion.

Non-interest income increased by $2.7 million or 14.6% compared to the fourth quarter of 2023 .

We expect the provision for 2025 to be approximately $12 million to $14 million .

The loan growth assumptions, the 3% to 5% growth in 2025 , it seems like most people have talked to in the industry are expecting or maybe hopeful that loan growth will pick up more in the second half of the year as maybe we get a better sense of where the new administration's policy sort of shake out.

I wouldn't necessarily say that there could be the macro impact of that due to what the administration may or may not do.