Union Bankshares: Why We Are Back In The Unknown Company [Seeking Alpha]
Union Bankshares, Inc. (UNB)
US:NASDAQ Investor Relations:
investors.bankatunion.com
Company Research
Source: Seeking Alpha
Summary When we last covered the relatively unknown Union Bankshares in summer of 2018, we told you to sell and shares fell 50%. We recently stepped back into the name when the stock's momentum shifted higher. Impressive growth from 2018 is noted on all metrics. The stock is cheap and the dividend is growing. When we last covered the relatively unknown Union Bankshares, Inc UNB reported earnings Annual earnings growth The earnings power of the bank has been realized, and we now expect slow growth moving forward. The bank still is supported by a strong macroeconomic backdrop, but rate cuts are likely to weigh a bit. Still, the change in net income in the last few years was a reason we were bearish, but expansion resumed in 2019. Source: SEC Filings, From an earnings per share standpoint, we have also seen growth: Source: SEC Filings, graphics by BAD BEAT Investing As you can see net income was $10.6 million, or $2.38 per share, in 2019, compared to $7.1 million, or $1.58 per share, in
Show less
Read more
Impact Snapshot
Event Time:
UNB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UNB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UNB alerts
High impacting Union Bankshares, Inc. news events
Weekly update
A roundup of the hottest topics
UNB
News
- Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly DividendGlobeNewswire
- 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) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Union Bankshares Full Year 2023 Earnings: EPS: US$2.50 (vs US$2.81 in FY 2022) [Yahoo! Finance]Yahoo! Finance
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