Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend
Union Bankshares, Inc. (UNB)
US:NASDAQ Investor Relations:
investors.bankatunion.com
Company Research
Source: GlobeNewswire
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%. Balance Sheet Total assets were $1.42 billion as of March 31, 2024 compared to $1.36 billion as of March 31, 2023, an increase of $55.5 million, or 4.1%. Loan growth was the primary driver of asset growth during the first quarter with total loans of $1.04 billion as of March 31, 2024 including $3.4 million in loans held for sale, compared to $976.6 million as of March 31, 2023, with $2.8 million in loans held for sale. Asset quality remains strong with minimal past due loans and no charge-offs for the three months ended March 31, 2024. Investment securities w
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News
- Union Bankshares, Inc. (NASDAQ: UNB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Union Bankshares, Inc. (NASDAQ:UNB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Union Bankshares, Inc. (NASDAQ: UNB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Union Bankshares, Inc. (NASDAQ: UNB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
UNB
Sec Filings
- 4/17/24 - Form 8-K
- 4/2/24 - Form DEFA14A
- 4/2/24 - Form DEF
- UNB's page on the SEC website