Union Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	70.07	66.34	59.31	49.28	38.36	36.26
Interest Income on Investments	9.45	9.45	8.64	7.83	5.59	3.01
Total Interest Income	79.52	75.79	67.95	57.11	43.95	39.27
Interest Paid on Deposits	21.95	21.41	20.57	15.89	3.52	3.15
Interest Paid on Borrowings	11.36	11.36	9.02	3.37	1	0.42
Total Interest Expense	33.31	32.77	29.59	19.27	4.52	3.57
Net Interest Income	46.21	43.02	38.36	37.84	39.42	35.71
Net Interest Income Growth	9.20%	12.14%	1.38%	-4.01%	10.41%	12.99%
Trust Income	1.28	1.19	1.07	0.94	0.84	0.81
Gain (Loss) on Sale of Investments	0.2	0.2	-1.08	0.19	-0.03	-0.02
Other Non-Interest Income	7.84	7.9	7.92	7.61	7.55	7.22
Total Non-Interest Income	11.47	11.44	9.61	9.9	9.36	12.96
Non-Interest Income Growth	1.17%	19.06%	-3.01%	5.81%	-27.79%	-19.00%
Revenues Before Loan Losses	57.68	54.46	47.97	47.75	48.78	48.67
Provision for Loan Losses	-0.11	0.77	0.93	-0.5	-	-
Revenue	57.79	53.68	47.04	48.25	48.78	48.67
Revenue Growth	10.00%	14.12%	-2.50%	-1.10%	0.23%	7.19%
Salaries and Employee Benefits	25.02	23.44	21	19.24	18.67	18.74
Occupancy Expenses	2.12	2.1	1.96	1.78	1.71	1.7
Selling, General & Administrative	6.15	5.97	5.33	5.01	4.96	4.47
Other Non-Interest Expense	10.62	10.19	9.74	9.34	8.3	7.95
Total Non-Interest Expense	43.9	41.7	38.03	35.37	33.63	32.86
EBT Excluding Unusual Items	13.88	11.98	9.01	12.88	15.15	15.82
Other Unusual Items	0.03	0.03	0.12	-	0.09	-
Pretax Income	13.91	12.01	9.13	12.88	15.25	15.82
Income Tax Expense	1.46	0.93	0.37	1.62	2.63	2.65
Net Income	12.44	11.08	8.76	11.26	12.62	13.17
Net Income to Common	12.44	11.08	8.76	11.26	12.62	13.17
Net Income Growth	9.80%	26.47%	-22.17%	-10.76%	-4.21%	2.85%
Basic Shares Outstanding	5	5	5	5	4	4
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change	3.93%	0.83%	0.37%	0.51%	0.12%	0.35%
EPS (Basic)	2.63	2.43	1.94	2.50	2.81	2.94
EPS (Diluted)	2.61	2.41	1.92	2.48	2.79	2.92
EPS Growth	5.78%	25.52%	-22.58%	-11.11%	-4.45%	2.46%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.440	1.440	1.440	1.440	1.400	1.320
Dividend Growth	0%	0%	0%	2.86%	6.06%	3.13%
Effective Tax Rate	10.53%	7.73%	4.04%	12.58%	17.26%	16.73%

SEC Filings: 10-K · 10-Q