Financial Services -
Banks - Regional - NASDAQ - US
$ 25.91
-3.75 %
$ 118 M
Market Cap
13.36
P/E
1. INTRINSIC VALUE
Balance Sheet
Union Bankshares, Inc.
| Current Assets | 189 M |
| Cash & Short-Term Investments | 189 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.34 B |
| Long-Term Investments | 1.23 B |
| PP&E | 20.2 M |
| Other Non-Current Assets | 85.8 M |
| Current Liabilities | 1.17 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 1.17 B |
| Non-Current Liabilities | 293 M |
| Long-Term Debt | 276 M |
| Other Non-Current Liabilities | 17 M |
EFFICIENCY
Earnings Waterfall
Union Bankshares, Inc.
| Revenue | 76.4 M |
| Cost Of Revenue | 30.5 M |
| Gross Profit | 45.9 M |
| Operating Expenses | 36.8 M |
| Operating Income | 9.13 M |
| Other Expenses | 369 K |
| Net Income | 8.76 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Union Bankshares, Inc.
| Net Income | 8.76 M |
| Depreciation & Amortization | 1.59 M |
| Capital Expenditures | -1.07 M |
| Stock-Based Compensation | 398 K |
| Change in Working Capital | 1.09 M |
| Others | 4.29 M |
| Free Cash Flow | 11.1 M |
Wall Street Analysts Price Targets
Union Bankshares, Inc.
UNB has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.12%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Union Bankshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
206 USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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.
globenewswire.com
- 5 months ago
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.
seekingalpha.com
- 8 months ago
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.
globenewswire.com
- 8 months ago
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.
globenewswire.com
- 9 months ago
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.
globenewswire.com
- 11 months ago
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%.
globenewswire.com
- 1 year ago
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.
globenewswire.com
- 1 year ago
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 growing dividend income source and share prices have increased in the past two months while the market has been crushed. The bank has a strong track record and is expected to weather the margin storm and continue to be attractive to investors.
seekingalpha.com
- 1 year ago
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 quarterly cash dividend.
globenewswire.com
- 1 year ago
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 dividend. Consolidated net income for the three months ended June 30, 2023 was $2.7 million, or $0.60 per share, compared to $2.9 million, or $0.65 cents per share, for the same period in 2022, and $5.7 million, or $1.26 per share, for the six months ended June 30, 2023, compared to $5.4 million, or $1.20 per share for the same period in 2022.
globenewswire.com
- 1 year ago
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.
seekingalpha.com
- 2 years ago
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%.
seekingalpha.com
- 2 years ago
8. Profile
Summary
Union Bankshares, Inc. UNB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 118 M
Dividend Yield
1.12%
Description
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.
Contact
20 Lower Main Street, Morrisville, VT, 05661-0667
https://www.ublocal.com
IPO
Date
Aug. 9, 1999
Employees
191
Officers
Mr. David Scott Silverman
President, Chief Executive Officer & Director
Ms. Karyn J. Hale CPA
Vice President, Treasurer & Chief Financial Officer
Mr. Jonathan Jay Gould
Executive Vice President & Senior Commercial Loan Officer of Union Bank
Ms. Patricia N. Hogan
Executive Vice President & Senior Risk Officer of Union Bank
Mr. Timothy Willis Sargent
Independent Vice Chairman & Secretary
Ms. Kristy Adams Alfieri
Assistant Secretary