$22.84
-0.27%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.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Acceptable margins but limited operational leverage. Operating expense control is important.
Strong net margins indicate efficient operations and favorable tax/interest management.
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
UNB โข NASDAQ
| Union Bankshares, Inc. Income Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
87.3M | 77.9M | 67.3M | 53.1M | 52.2M | 52M | 45.5M | 41M | 37.7M | 36.3M | 34.2M | 33.1M | 32.2M | 34.8M | 30.2M | 28.6M | 28.7M | 29.6M | 30.6M | 29.3M | |
GROSS PROFIT | ||||||||||||||||||||
(33.6M) | (30.5M) | (18.8M) | (4.5M) | (3.6M) | (7.3M) | (6.4M) | (4M) | (2.5M) | (2.2M) | (2.6M) | (2.5M) | (2.8M) | (4M) | (4.7M) | (4.6M) | (5.7M) | (7.5M) | (8.5M) | (7M) | |
53.7M | 47.4M | 48.5M | 48.5M | 48.7M | 44.6M | 39.2M | 36.9M | 35.3M | 34.1M | 31.6M | 30.6M | 29.4M | 30.8M | 25.5M | 23.9M | 23M | 22M | 22.1M | 22.4M | |
OPERATING INCOME | ||||||||||||||||||||
(41.7M) | (38.3M) | (35.6M) | (33.3M) | (32.9M) | (29.4M) | (26.7M) | (28.6M) | (23.2M) | (23M) | (21M) | (20.9M) | (20.4M) | (22.3M) | (19.2M) | (16.6M) | (16.4M) | (15.9M) | (14.5M) | (13.8M) | |
(30.6M) | (26.3M) | (24M) | (23.2M) | (22.6M) | (19.3M) | (17.1M) | (19.9M) | (14.8M) | (14.6M) | (13.3M) | (12.8M) | (13.1M) | (14.3M) | (12.5M) | (11.3M) | (10.1M) | (9.1M) | (8.5M) | (8.4M) | |
12M | 9.1M | 12.9M | 15.2M | 15.8M | 15.2M | 12.5M | 8.3M | 12.1M | 11.1M | 10.5M | 9.7M | 9M | 8.5M | 6.3M | 7.3M | 6.6M | 6.1M | 7.6M | 8.4M | |
PRE-TAX INCOME | ||||||||||||||||||||
(32.8M) | (29.6M) | (19.3M) | (4.5M) | (3.6M) | (5.1M) | (5.6M) | (3.6M) | (2.3M) | (2.1M) | (2M) | (2.2M) | (2.5M) | (3.4M) | (3.9M) | (4.1M) | (5.3M) | (7.2M) | (8.2M) | (6.8M) | |
43M | 37.8M | 37.6M | 39.4M | 35.7M | 31.5M | 30.1M | 28.5M | 26.6M | 24.7M | 23.1M | 22.6M | 22M | 21.6M | 19.7M | 18.8M | 17.9M | 17.5M | 18M | 18.4M | |
(11.1M) | (12M) | (11.6M) | (10.1M) | (10.3M) | (10.1M) | (9.6M) | (8.6M) | (8.4M) | (8.4M) | (7.8M) | (8.1M) | (7.3M) | (8M) | (6.7M) | (5.3M) | (6.3M) | (6.7M) | (5.9M) | (5.5M) | |
12M | 9.1M | 12.9M | 15.2M | 15.8M | 15.2M | 12.5M | 8.3M | 12.1M | 11.1M | 10.5M | 9.7M | 9M | 8.5M | 6.3M | 7.3M | 6.6M | 6.1M | 7.6M | 8.4M | |
NET INCOME | ||||||||||||||||||||
(928K) | (369K) | (1.6M) | (2.6M) | (2.6M) | (2.4M) | (1.8M) | (1.3M) | (3.6M) | (2.6M) | (2.7M) | (2M) | (1.9M) | (1.7M) | (1.1M) | (1.7M) | (1.4M) | (1M) | (2M) | (2.2M) | |
11.1M | 8.8M | 11.3M | 12.6M | 13.2M | 12.8M | 10.6M | 7.1M | 8.4M | 8.5M | 7.9M | 7.7M | 7.1M | 6.8M | 5.2M | 5.6M | 5.2M | 5.1M | 5.7M | 6.3M |
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 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | April 17, 2026 | April 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 15, 2026 | April 15, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 08, 2026 | April 08, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 18, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 05, 2026 | 2026 |
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