Union Bankshares
UNB
Market cap $138M

30.39 USD

+0.39

1.30%

At close Jan 21, 4:00 PM EST

1 day

1.30%

5 days

4.79%

1 month

1.81%

3 months

10.51%

6 months

17.34%

Year to date

7.54%

1 year

-0.65%

5 years

-15.89%

10 years

21.56%

About: Union Bankshares Inc operates as a community bank in the financial services industry. It offers retail and commercial banking services to its customers through its branches, ATMs, telebanking, and internet banking systems. The company provides retail banking services to individuals and commercial banking services to small and medium-sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts within its market area. In addition, it also offers fiduciary and asset management services through its Asset Management Group. Geographically, all the business activity is functioned through the United States.

Employees: 197

Financials State Commercial Banks

0

Funds holding %

of 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more capital invested

Capital invested by funds: $15.9M [Q2] → $19.3M (+$3.4M) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

0.08% more ownership

Funds ownership: 16.42% [Q2] → 16.5% (+0.08%) [Q3]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

4% less funds holding

Funds holding: 28 [Q2] → 27 (-1) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for UNB.

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Financial journalist opinion

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

MORRISVILLE, Vt., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2024 and declared a regular quarterly cash dividend.

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

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 ongoing down-rate cycle will lift the margin. The December 2025 target price suggests a mid-single-digit upside from the October 28 closing price.

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

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 quarterly cash dividend. Consolidated net income for the three months ended September 30, 2024 was $1.3 million, or $0.29 per share, compared to $2.5 million, or $0.56 per share, for the same period in 2023, and $5.8 million, or $1.27 per share, for the nine months ended September 30, 2024, compared to $8.2 million, or $1.82 per share for the same period in 2023. The decrease in earnings for the comparison periods was primarily due to the impact of the previously announced strategic balance sheet repositioning executed during the third quarter. The Company's wholly-owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding available-for-sale debt securities for a pre-tax realized loss of $1.3 million, which was recorded in the third quarter of 2024.

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

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 portfolio.

Union Bankshares Announces Balance Sheet Repositioning

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 dividend. Consolidated net income for the three months ended June 30, 2024 was $2.0 million, or $0.45 per share, compared to $2.7 million, or $0.60 per share, for the same period in 2023, and $4.4 million, or $0.98 per share, for the six months ended June 30, 2024, compared to $5.7 million, or $1.26 per share for the same period in 2023.

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

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 dividend. Consolidated net income for the three months ended March 31, 2024 was $2.4 million, or $0.53 per share, compared to $3.0 million, or $0.66 cents per share, for the same period in 2023, a decrease of $560 thousand, or 18.8%.

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

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 cash dividend.

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

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