| 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 |
2025-01-15 17:16:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-29 22:49:46 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-16 20:15:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-09-04 19:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-07-17 18:11:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-04-17 19:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-01-17 17:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2023-10-23 13:01:02 |
Czytaj oryginał (ang.) |
| 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 |
2023-10-18 19:34:00 |
Czytaj oryginał (ang.) |
| 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 |
2023-07-19 18:30:00 |
Czytaj oryginał (ang.) |
| 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 |
2023-05-16 23:22:23 |
Czytaj oryginał (ang.) |
| 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 |
2023-05-15 18:06:34 |
Czytaj oryginał (ang.) |
| Union Bankshares: Attractive Dividend Appears Secure Despite The Chances Of An Earnings Decline |
Regional economic factors will drive loan growth. Higher interest rates will decrease the noninterest income as well as equity book value. Margin will be little affected by rate changes. |
seekingalpha.com |
2022-08-28 09:50:21 |
Czytaj oryginał (ang.) |
| Dividend Increases: January 15-21, 2022 |
Dividend Increases: January 15-21, 2022 |
seekingalpha.com |
2022-01-25 11:15:00 |
Czytaj oryginał (ang.) |
| Cautious Dividend Investor Alert: 18 Banks With Decent Yields And Superior Risk-Adjusted Returns |
I remain cautious about equity valuations. Bank valuations today are in line with historic averages. |
seekingalpha.com |
2021-09-07 01:12:40 |
Czytaj oryginał (ang.) |
| Union Bankshares Announces Completion of $16.5 Million Private Placement of Subordinated Notes |
MORRISVILLE, Vt., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) is pleased to announce that the Company has completed a private placement of $16.5 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2031 (the “Notes”) to certain qualified institutional buyers and accredited investors. |
globenewswire.com |
2021-08-26 20:55:00 |
Czytaj oryginał (ang.) |
| Union Bankshares Announces Earnings for the three and six months ended June 30, 2021 and Declares Quarterly Dividend |
MORRISVILLE, Vt., July 21, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2021 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2021 were $3.0 million, or $0.67 per share, compared to $2.7 million, or $0.60 per share, for the same period in 2020 and $5.9 million, or $1.31 per share, for the six months ended June 30, 2021, compared to $4.9 million, or $1.09 per share, for the same period in 2020. |
globenewswire.com |
2021-07-21 17:45:00 |
Czytaj oryginał (ang.) |
| Union Bankshares Announces Earnings for the three months ended March 31, 2021 and Declares Quarterly Dividend |
MORRISVILLE, Vt., April 21, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2021 and declared a regular quarterly cash dividend. Consolidated net income for the first quarter was $2.9 million, or $0.64 per share compared to $2.2 million, or $0.49 cents per share, for the same period in 2020, an increase of $680 thousand, or 30.9%. |
globenewswire.com |
2021-04-21 16:33:00 |
Czytaj oryginał (ang.) |
| Union Bankshares: Let This Small Bank Pay You Off |
Strong 2020 performance despite the pandemic, with improving quality metrics. |
seekingalpha.com |
2021-03-24 12:11:26 |
Czytaj oryginał (ang.) |
| Union Bankshares Reports Record Earnings for the year ended December 31, 2020 and Declares Increase in Quarterly Dividend |
MORRISVILLE, Vt., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months and year ended December 31, 2020. Net income was $3.8 million and $12.8 million for the three months and year ended December 31, 2020, resulting in earnings per share of $0.85 and $2.86 for the same periods, respectively. |
globenewswire.com |
2021-01-20 16:43:00 |
Czytaj oryginał (ang.) |
| Should I Avoid Union Bankshares, Inc. (UNB)? |
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an individual investor's stock selection process, as it may offer great insights of how the brightest minds of the finance industry feel about specific stocks. After all, these people have access to smartest analysts and expensive data/information sources that individual investors can't match. So should one consider investing in Union Bankshares, Inc. (NASDAQ:UNB)? The smart money sentiment can provide an answer to this question. |
insidermonkey.com |
2020-11-27 18:54:43 |
Czytaj oryginał (ang.) |