Union Bankshares, Inc. (UNB)

NASDAQ: UNB · Real-Time Price · USD
31.33
+0.14 (0.45%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.45%
Market Cap 141.73M
Revenue (ttm) 46.39M
Net Income (ttm) 8.81M
Shares Out 4.52M
EPS (ttm) 1.93
PE Ratio 16.21
Forward PE n/a
Dividend $1.44 (4.60%)
Ex-Dividend Date Oct 25, 2024
Volume 1,460
Open 30.95
Previous Close 31.19
Day's Range 30.95 - 31.33
52-Week Range 21.00 - 32.00
Beta 0.73
Analysts n/a
Price Target n/a
Earnings Date Oct 16, 2024

About UNB

Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and ... [Read more]

Sector Financials
IPO Date Jun 11, 1998
Employees 197
Stock Exchange NASDAQ
Ticker Symbol UNB
Full Company Profile

Financial Performance

In 2023, Union Bankshares's revenue was $48.25 million, a decrease of -1.10% compared to the previous year's $48.78 million. Earnings were $11.26 million, a decrease of -10.76%.

Financial Statements

News

Union Bankshares: Earnings Likely To Recover Soon; Dividend Yield Of 4.9%

Interest rate cuts and tight local labor markets will drive Union Bankshares' loan growth. However, elevated home prices may put a dampener on growth. The recent balance sheet repositioning and the on...

22 days ago - Seeking Alpha

Union Bankshares Announces Earnings for the three and nine months ended September 30, 2024 and Declares Quarterly Dividend

MORRISVILLE, Vt., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2024 and declared a regular quarterl...

5 weeks ago - GlobeNewsWire

Union Bankshares Announces Balance Sheet Repositioning

MORRISVILLE, Vt., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced the completion of a balance sheet repositioning related to its investment securities portfoli...

2 months ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three and six months ended June 30, 2024 and Declares Quarterly Dividend

MORRISVILLE, Vt., July 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2024 and declared a regular quarterly cash...

4 months ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend

MORRISVILLE, Vt., April 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2024 and declared a regular quarterly cash divid...

7 months ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months and year ended December 31, 2023 and Declares Quarterly Dividend

MORRISVILLE, Vt., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2023 and declared a regular quarterly...

11 months ago - GlobeNewsWire

Dividend Growth Investors: Big Income With Union Bankshares

Regional banks have been heavily impacted by the economic downturn, but their actual performance remains relatively strong, not all banks are created equal. Union Bankshares, Inc. offers a high and gr...

1 year ago - Seeking Alpha

Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2023 and Declares Quarterly Dividend

MORRISVILLE, Vt., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2023 and declared a regular quarterl...

1 year ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months and six months ended June 30, 2023 and Declares Quarterly Dividend

MORRISVILLE, Vt., July 19, 2023 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2023 and declared a regular quarterly cash...

1 year ago - GlobeNewsWire

Union Bankshares: Uniting Growth And Sustainability Makes The Stock Enticing

Union Bankshares, Inc. had a nice start with its steady revenue growth and decent margins. Its excellent financial positioning remains one of its sturdy cornerstones.

1 year ago - Seeking Alpha

Union Bankshares: Highly Profitable Regional Bank With Attractive Dividend Yield

Union Bankshares has a multi-decade track record of delivering positive bottom-line results. The company is paying a well-covered dividend with a yield of almost 7%.

1 year ago - Seeking Alpha

Union Bankshares Announces Earnings for the three months ended March 31, 2023 and Declares Quarterly Dividend

MORRISVILLE, Vt., April 19, 2023 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2023 and declared a regular quarterly cash divid...

1 year ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months and year ended December 31, 2022 and Declares Quarterly Dividend

MORRISVILLE, Vt., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2022. Net income was $3.4 million and...

2 years ago - GlobeNewsWire

Union Bankshares: Over 5% Dividend Yield With Apparently Secure Dividends

Thanks to the recent improvement in the deposit mix, the deposit beta has declined. This will help the margin expand further in the quarters ahead. Strong regional job markets will likely play a key r...

2 years ago - Seeking Alpha

Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2022 and Declares Quarterly Dividend

MORRISVILLE, Vt., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2022 and declared a regular quarterl...

2 years ago - GlobeNewsWire

Union Bankshares: Attractive Dividend Appears Secure Despite The Chances Of An Earnings Decline

Regional economic factors will drive loan growth. Higher interest rates will decrease the noninterest income as well as equity book value. Margin will be little affected by rate changes.

2 years ago - Seeking Alpha

Union Bankshares Announces Earnings for the three months and six months ended June 30, 2022 and Declares Quarterly Dividend

MORRISVILLE, Vt., July 20, 2022 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2022 and declared a regular quarterly cash...

2 years ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months ended March 31, 2022 and Declares Quarterly Dividend

MORRISVILLE, Vt., April 20, 2022 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB)) today announced results for the three months ended March 31, 2022 and declared a regular quarterly cash div...

2 years ago - GlobeNewsWire

Union Bankshares Announces Earnings for the year ended December 31, 2021 and Declares 6.1% Increase in Quarterly Dividend

MORRISVILLE, Vt., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2021. Net income was $3.4 million and...

3 years ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three and nine months ended September 30, 2021 and Declares Quarterly Dividend

MORRISVILLE, Vt., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2021 and declared a regular quarterl...

3 years ago - GlobeNewsWire

Union Bankshares Announces Completion of $16.5 Million Private Placement of Subordinated Notes

MORRISVILLE, Vt., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) is pleased to announce that the Company has completed a private placement of $16.5 million in aggregate princi...

3 years ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three and six months ended June 30, 2021 and Declares Quarterly Dividend

MORRISVILLE, Vt., July 21, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2021 and declared a regular quarterly cash...

3 years ago - GlobeNewsWire

Union Bankshares Announces Earnings for the three months ended March 31, 2021 and Declares Quarterly Dividend

MORRISVILLE, Vt., April 21, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2021 and declared a regular quarterly cash divid...

3 years ago - GlobeNewsWire

Union Bankshares: Let This Small Bank Pay You Off

Strong 2020 performance despite the pandemic, with improving quality metrics.

3 years ago - Seeking Alpha

Union Bankshares Reports Record Earnings for the year ended December 31, 2020 and Declares Increase in Quarterly Dividend

MORRISVILLE, Vt., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2020. Net income was $3.8 million and...

4 years ago - GlobeNewsWire