8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 27, 2005

UNIVEST CORPORATION OF PENNSYLVANIA

(Exact name of registrant as specified in its charter)

Pennsylvania	0-7617	23-1886144
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

14 North Main Street, Souderton, Pennsylvania 18964

(Address of principal executive office)(Zip Code)

Registrant's telephone number, including area code (215) 721-2400

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b))

[   ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 2.02 Results of Operations and Financial Condition

The information in this Current Report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subjected to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

On July 27, 2005, Univest Corporation of Pennsylvania, parent company of Univest National Bank and Trust Co., issued a press release reporting second quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Univest Corporation of Pennsylvania
Date: July 27, 2005	By:   Name:	/s/ Wallace H. Bieler Wallace H. Bieler
	Title:	Chief Operating Officer and Chief Financial Officer

EX-99.1

CONTACT:  William S. Aichele  UNIVEST CORPORATION OF PENNSYLVANIA  President and Chief Executive Officer  215-721-2457

FOR IMMEDIATE RELEASE

UNIVEST CORPORATION OF PENNSYLVANIA - UNIVEST NATIONAL BANK AND TRUST CO. - REPORTS SOLID SECOND QUARTER EARNINGS

SOUDERTON, Pa, July 27, 2005—Univest Corporation of Pennsylvania (listed on NASDAQ: UVSP), parent company of Univest National Bank and Trust Co., has reported net income of $6,000,000 or $.46 basic net income per share for the second quarter ended June 30, 2005. This represents an increase of 7.4 % in net income and 7.0% in basic net income per share over the $5,589,000 and $.43 basic net income per share for the same period ended June 30, 2004. Diluted earnings per share for the second quarter ended June 30, 2005 was $.46, which is a 9.5% increase over the same period ended June 30, 2004.

For the six months ended June 30, 2005, Univest reported net income of $11,771,000 or $.91 basic net income per share compared to $11,039,000 or $.86 basic net income per share reported for the six months ended June 30, 2004. This net income change represents an increase of 6.6%. Diluted earnings per share were $.90 and $.84 for the six months ended June 30, 2005 and 2004 respectively.

On July 1, 2005, Univest Corporation paid a quarterly cash dividend of $.17 per share to shareholders of record as of June 6, 2005. This dividend is consistent with the dividend declared in the second quarter of 2004, adjusted for the three-for-two stock split in the form of a dividend distributed on April 29, 2005.

Assets totaled $1,699,635,000 and shareholders’ equity totaled $167,158,000 as of June 30, 2005.

Following Univest’s stock and overall trends in the industry is convenient for investors and shareholders. Univest’s investor relation’s link, found on its web site at www.univest.net, features financial highlights, detailed peer analysis, deposit market share data, and other valuable information.

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Page 2 - Univest Corporation

2^nd Quarter Earnings Release

Univest Corporation of Pennsylvania and its subsidiaries, Univest National Bank and Trust Co., Univest Insurance, Inc. and Univest Investments, Inc., provide community support, leadership, and strong performance in the financial services industry. Univest serves residents and businesses in Bucks, Chester and Montgomery counties through a network of 34 financial service centers and 38 ATM locations.

* Per share data has been restated to give effect to a three-for-two stock split in the form of a dividend declared on March 23, 2005 and distributed on April 29, 2005.

# # #

This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the Company’s financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.

UNIVEST CORP OF PENNSYLVANIA FINANCIAL SUMMARY HIGHLIGHTS ATTACHED. FOR MORE INFORMATION call William S. Aichele, Chairman, President and CEO, 215-721-2457.

Univest Corporation of Pennsylvania

Financial Summary Highlights

(Unaudited)

($ in thousands, except per share data)

	For the Three Months Ended,
		June 30, 2005		June 30,2004	% CHANGE
		(UNAUDITED)		(UNAUDITED)
Net interest income	$	14,660	$	13,868	5.71	%
Provision for loan losses	$	450	$	158	184.81	%
Net interest income after provision for loan losses	$	14,210	$	13,710	3.65	%
Net income	$	6,000	$	5,589	7.35	%
Net income per share:
Basic	$	0.46	$	0.43	6.98	%
Diluted	$	0.46	$	0.42	9.52	%
Dividends per share	$	0.17	$	0.17	—

	For the Six Months Ended,
		June 30, 2005		June 30,2004	% CHANGE
		(UNAUDITED)		(UNAUDITED)
Net interest income	$	28,847	$	27,769	3.88	%
Provision for loan losses	$	900	$	832	8.17	%
Net interest income after provision for loan losses	$	27,947	$	26,937	3.75	%
Net income	$	11,771	$	11,039	6.63	%
Net income per share:
Basic	$	0.91	$	0.86	5.81	%
Diluted	$	0.90	$	0.84	7.14	%
Dividends per share	$	0.34	$	0.34	—

		June 30, 2005		June 30,2004	% CHANGE
		(UNAUDITED)		(UNAUDITED)
Total assets	$	1,699,635	$	1,639,638	3.66	%
Total deposits	$	1,316,397	$	1,252,278	5.12	%
Total shareholders' equity	$	167,158	$	149,201	12.04	%

*Per share data has been restated to give effect to a three-for-two stock split in the form of a dividend declared on March 23, 2005 and distributed on April 29, 2005.

FOR MORE INFORMATION call William S. Aichele, President and CEO at (215) 721-2457.