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.
infoUnion Bankshares is a micro cap stock with a total market cap of 93.52M.
infoThey trade on the NASDAQ and had their IPO 24 years ago.
infoUnion Bankshares currently employs 188 people.
infoAs of Wednesday, Aug 23 2023, Union Bankshares’s share price is $20.75.
News Relating to Union Bankshares
Seeking Alpha
Union Bankshares: Uniting Growth And Sustainability Makes The Stock Enticing
Tuesday May 16 2023 at 19:22
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.
Seeking Alpha
Union Bankshares: Highly Profitable Regional Bank With Attractive Dividend Yield
Monday May 15 2023 at 14:06
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%.
Seeking Alpha
Union Bankshares: Attractive Dividend Appears Secure Despite The Chances Of An Earnings Decline
Sunday Aug 28 2022 at 05:50
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.
Seeking Alpha
Dividend Increases: January 15-21, 2022
Tuesday Jan 25 2022 at 09:15
Dividend Increases: January 15-21, 2022
Seeking Alpha
Cautious Dividend Investor Alert: 18 Banks With Decent Yields And Superior Risk-Adjusted Returns
Monday Sep 06 2021 at 21:12
I remain cautious about equity valuations. Bank valuations today are in line with historic averages.
GlobeNewsWire
Union Bankshares Announces Completion of $16.5 Million Private Placement of Subordinated Notes
Thursday Aug 26 2021 at 16:55
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
Union Bankshares Announces Earnings for the three and six months ended June 30, 2021 and Declares Quarterly Dividend
Wednesday Jul 21 2021 at 13:45
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
Union Bankshares Announces Earnings for the three months ended March 31, 2021 and Declares Quarterly Dividend
Wednesday Apr 21 2021 at 12:33
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%.
Seeking Alpha
Union Bankshares: Let This Small Bank Pay You Off
Wednesday Mar 24 2021 at 10:11
Strong 2020 performance despite the pandemic, with improving quality metrics.
GlobeNewsWire
Union Bankshares Reports Record Earnings for the year ended December 31, 2020 and Declares Increase in Quarterly Dividend
Wednesday Jan 20 2021 at 14:43
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.
Insider Monkey
Should I Avoid Union Bankshares, Inc. (UNB)?
Friday Nov 27 2020 at 16:54
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.
Union Bankshares Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Union Bankshares’s Altman Z-score is 0.4 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Union Bankshares Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has bought $4.77K of common stock in Union Bankshares on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Union Bankshares’s Income Quality of 1.27 is in line with its Industry Group of 1.3 (-2.3% lower)
Union Bankshares’s Income Quality of 1.27 is in line with its Major Industry Group of 1.32 (-3.8% lower)
Union Bankshares’s Income Quality of 1.27 is greater than its Sector of 0.58 (119.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Union Bankshares’s Current Ratio of 5.31 is lower than its Industry Group of 8.8 (-39.7% lower)
Union Bankshares’s Current Ratio of 5.31 is lower than its Major Industry Group of 9.67 (-45.1% lower)
Union Bankshares’s Current Ratio of 5.31 is greater than its Sector of 1.3 (308.5% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Union Bankshares’s PE Ratio of 7.26 is in line with its Industry Group of 7.82 (-7.2% lower)
Union Bankshares’s PE Ratio of 7.26 is in line with its Major Industry Group of 8.01 (-9.4% lower)
Union Bankshares’s PE Ratio of 7.26 is in line with its Sector of 7.86 (-7.6% lower)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Union Bankshares’s PB Ratio of 1.58 is greater than its Industry Group of 0.58 (172.4% greater)
Union Bankshares’s PB Ratio of 1.58 is greater than its Major Industry Group of 0.36 (338.9% greater)
Union Bankshares’s PB Ratio of 1.58 is greater than its Sector of 0.72 (119.4% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Union Bankshares’s ROE of 0.22 is greater than its Industry Group of 0.08 (175.0% greater)
Union Bankshares’s ROE of 0.22 is greater than its Major Industry Group of 0.02 (1000.0% greater)
Union Bankshares’s ROE of 0.22 is greater than its Sector of 0.04 (450.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Union Bankshares’s ROCE of 0.02 is in line with its Industry Group of 0.02
Union Bankshares’s ROCE of 0.02 is in line with its Major Industry Group of 0.02
Union Bankshares’s ROCE of 0.02 is in line with its Sector of 0.02
Derived from SEC.GOV filing dataopen_in_new