UNB - NASDAQ

Union Bankshares, Inc.

UNB·NASDAQ

$22.84

-0.27%

Financial ServicesBanks - Regional

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 investors; small business administration guaranteed loans; home improvement loans and overdraft; and residential construction and mortgage loans. In addition, it offers online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services for the deposit and immediate credit of sales drafts; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; telephone, Internet, and mobile banking services; and asset management, fiduciary, and trust services. The company offers 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. It operates 18 banking offices, 3 loan centers, and various ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$105.38M

EPS2.4300

P/E Ratio9.40

Earnings Date07/22/2026

1.62B

Assets

3Y+21.0%

5Y+48.0%

10Y+134.0%

1.54B

Total Liabilities

3Y+20.0%

5Y+52.0%

10Y+142.0%

80.86M

Total Equity

22%

3Y+46.0%

5Y-

10Y+44.0%

Union Bankshares, Inc. Funding & Solvency Profile

UNB · NASDAQ

Current Assets

Cash & Cash Equivalents4.66M

Net Receivables0.00

Inventory0.00

Other Current Assets0.00

Total Current Assets12 M

Non-Current Assets

Property, Plant & Equipment19.85M

Goodwill & Intangible Assets0.00

Long-Term Investments1.51B

Other Non-Current Assets75.23M

Total Non-Current Assets2 B

Total Assets

1.62B

Financial Health Analysis

Current Ratio

0.05x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

19.00x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-214639000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Union Bankshares, Inc. Balance Sheet

UNB • NASDAQ

Union Bankshares, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	4.7M	14.6M	19.1M	20.9M	17.9M	18.1M	12M	13.3M	13.2M	13.8M	17M	17.1M	22.8M	26.9M	29.9M	19.5M	27.9M	19.6M	24.7M	17.1M
Short-Term Investments	7.6M	174.3M	264.4M	250.3M	267.8M	105.8M	87.4M	73.4M	65.4M	65.6M	54.1M	45.7M	34.3M	20.6M	43M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	12.3M	188.9M	283.5M	271.2M	285.7M	123.9M	99.4M	86.8M	78.6M	79.3M	71.1M	62.8M	57.1M	47.6M	72.8M	19.5M	27.9M	19.6M	24.7M	17.1M
Net Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.8M	2.5M	2.3M	1.8M	1.9M	1.7M	1.5M	1.8M	1.6M	1.6M	1.9M	2.1M	2M
Accounts Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.8M	2.5M	2.3M	1.8M	1.9M	1.7M	1.5M	1.8M	1.6M	1.6M	1.9M	2.1M	2M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-25.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.8M	0.0	0.0	0.0
Total Current Assets	12.3M	188.9M	283.5M	271.2M	285.7M	123.9M	99.4M	89.6M	81.1M	81.6M	72.9M	64.7M	58.8M	49.1M	74.7M	21M	31.4M	21.5M	26.8M	19.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	19.8M	20.2M	23.2M	20.5M	21.6M	20M	20.9M	16.1M	14.3M	13.5M	13.1M	11.9M	10.7M	10.3M	9.2M	7.8M	7.6M	7.5M	6.5M	6.1M
Goodwill	0.0	0.0	0.0	0.0	0.0	2.2M	2.2M	2.2M	2.2M	2.2M	2.2M	2.2M	2.2M	2.2M	2.2M	0.0	0.0	0.0	0.0	0.0
Intangible Assets	0.0	1.7M	1.7M	2M	2.5M	0.0	0.0	412K	583K	754K	925K	1.1M	1.3M	1.4M	1.6M	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	0.0	1.7M	1.7M	2M	2.5M	2.2M	2.2M	2.6M	2.8M	3M	3.1M	3.3M	3.5M	3.7M	3.8M	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	1.5B	1.2B	1B	953.6M	794.4M	796M	673.3M	645.2M	594.1M	540.3M	509M	496.4M	474.8M	459.9M	433.6M	404.9M	379.3M	377.6M	348.6M	337.8M
Tax Assets	0.0	0.0	11.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	75.2M	84.1M	121.2M	89.2M	101.2M	151.4M	77.1M	52.3M	53.5M	53M	30.7M	47.8M	37.7M	54.2M	31.5M	19.2M	29.2M	33.5M	11.5M	18.2M
Total Non-Current Assets	1.6B	1.3B	1.2B	1.1B	919.7M	969.7M	773.5M	715.8M	664.7M	609.8M	556M	559.4M	526.7M	528.1M	478.1M	431.9M	416.2M	418.6M	366.6M	362M
Total Assets	1.6B	1.5B	1.5B	1.3B	1.2B	1.1B	872.9M	805.3M	745.7M	691.5M	628.9M	623.8M	584.9M	577.3M	552.8M	454.1M	447.5M	440.1M	393.4M	381.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	0.0	13.2M	9.8M	11.2M	9.9M	6.3M	8M	5.8M	5.3M	5.4M	4.1M	6.5M	4.3M	0.0	0.0	0.0	5.7M	3.5M
Accounts Payable	0.0	0.0	0.0	13.2M	9.8M	11.2M	9.9M	6.3M	8M	5.8M	5.3M	5.4M	4.1M	6.5M	4.3M	0.0	0.0	0.0	5.7M	3.5M
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.3M	3.2M	3.5M	3.9M	0.0	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.1M	1.6M	1.9M	1.4M	4M	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	9.7M	5.9M	6.4M	5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	226.9M	1.2B	1.3B	1.2B	1.1B	994.3M	734.3M	706.8M	647.6M	597.7M	560.4M	552.1M	518.4M	510M	473.4M	376.7M	368.8M	364.4M	324M	319.8M
Total Current Liabilities	226.9M	1.2B	1.3B	1.2B	1.1B	1B	753.9M	713M	655.6M	604.6M	567.4M	559.4M	523.8M	520.5M	482M	379.8M	372.3M	368.3M	329.7M	323.3M
NON-CURRENT LIABILITIES
Long Term Debt	302.8M	276M	81.9M	66.2M	16.2M	7.2M	47.2M	27.8M	31.6M	31.6M	9.6M	15.1M	13.2M	15.7M	29M	29M	31M	27.4M	20.3M	14.6M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-7.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	1B	17M	15.5M	0.0	0.0	0.0	0.0	0.0	0.0	-1.1M	-1.6M	-1.9M	-1.4M	-4M	1.4M	2.5M	3M	5.2M	1.3M	1.3M
Total Non-Current Liabilities	1.3B	293M	97.5M	66.2M	16.2M	7.2M	47.2M	27.8M	31.6M	30.5M	7.9M	13.2M	11.8M	11.8M	30.4M	31.4M	34M	32.6M	21.6M	15.9M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	1.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1.5B	1.5B	1.4B	1.3B	1.1B	1B	801.1M	740.8M	686.9M	635.4M	575.3M	571.9M	538.1M	532.2M	512.4M	411.3M	406.3M	401M	351.3M	339.2M
SHAREHOLDERS' EQUITY
Treasury Stock	-4.3M	-4.3M	-4.3M	-4.2M	-4.2M	-4.2M	-4.2M	-4.2M	-4.1M	-4M	-4M	-3.9M	-3.9M	-3.9M	-3.8M	-3.8M	-3.7M	-3.5M	-2.9M	-2.3M
Common Stock	10.2M	10M	10M	10M	9.9M	9.9M	9.9M	9.9M	9.9M	9.9M	9.9M	9.9M	9.9M	9.8M	9.8M	9.8M	9.8M	9.8M	9.8M	9.8M
Additional Paid-In Capital	4.6M	3M	2.6M	2.2M	1.8M	1.4M	1.1M	894K	755K	620K	501K	418K	363K	295K	276K	244.4K	219.3K	207.7K	202.4K	150.1K
Retained Earnings	96.2M	91.7M	89.5M	84.7M	78.4M	71.1M	64M	58.9M	57.2M	53.1M	49.5M	46.5M	43.4M	40.8M	38.4M	37.6M	36.5M	35.9M	35.8M	35.2M
Accumulated Other Comprehensive Income/Loss	-25.9M	-34M	-32M	-37.4M	-1.6M	2.6M	986K	-1M	-5.1M	-3.3M	-2.3M	-1.4M	77K	-2M	-4.3M	-2.2M	-1.7M	-3.3M	-824K	-1M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1K	0.0
Total Stockholders' Equity	80.9M	66.5M	65.8M	55.2M	84.3M	80.9M	71.8M	64.5M	58.8M	56.1M	53.6M	51.4M	49.8M	45M	40.3M	41.7M	41.2M	39.2M	42.1M	41.9M
Total Equity	80.9M	66.5M	65.8M	55.2M	84.3M	80.9M	71.8M	64.5M	58.8M	56.1M	53.6M	51.4M	49.8M	45M	40.3M	41.7M	41.2M	39.2M	42.1M	41.9M
SUMMARY
Total Liabilities & Equity	1.6B	1.5B	1.5B	1.3B	1.2B	1.1B	872.9M	805.3M	745.7M	691.5M	628.9M	623.8M	584.9M	577.3M	552.8M	454.1M	447.5M	440.1M	393.4M	381.1M
Total Investments	1.5B	1.4B	1.3B	1.2B	1.1B	901.8M	760.7M	718.6M	659.6M	605.8M	563.2M	542.2M	509.1M	480.6M	476.6M	404.9M	379.3M	377.6M	348.6M	337.8M
Total Debt	302.8M	276M	81.9M	66.2M	16.2M	7.2M	47.2M	27.8M	31.6M	32.7M	11.2M	17M	14.6M	19.7M	29M	29M	31M	27.4M	20.3M	14.6M
Net Debt	298.1M	261.3M	62.8M	45.3M	-1.7M	-10.9M	35.2M	14.5M	18.4M	18.9M	-5.8M	-74K	-8.2M	-7.2M	-876K	9.5M	3.1M	7.8M	-4.4M	-2.5M
Shares Outstanding	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666	4,533,666

SEC Filings

UNB - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 21, 2026	May 20, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	April 17, 2026	April 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 15, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 08, 2026	April 08, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 24, 2026	March 18, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing

Showing 1 to 10 of 436 filings

Related Guides

Blog Categories

Continue your UNB research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.