Union Bankshares, Inc. (NASDAQ:UNB) announced its earnings results on Wednesday, July 19th. The bank reported $0.50 earnings per share for the quarter, Bloomberg Earnings reports. Union Bankshares had a net margin of 23.28% and a return on equity of 15.45%.
Shares of Union Bankshares (NASDAQ:UNB) traded down 1.83% on Friday, hitting $43.00. 2,769 shares of the stock traded hands. Union Bankshares has a 52-week low of $32.55 and a 52-week high of $50.15. The firm has a 50 day moving average price of $46.14 and a 200 day moving average price of $42.73. The firm has a market cap of $191.87 million, a PE ratio of 22.09 and a beta of 0.31.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 9th. Stockholders of record on Friday, July 28th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, July 26th.
Separately, ValuEngine raised shares of Union Bankshares from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th.
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Union Bankshares Company Profile
Union Bankshares, Inc is a one-bank holding company whose subsidiary is Union Bank (Union or the Bank). The Company’s business is that of a community bank in the financial services industry. The Company operates through Union Bank segment, which provides retail, commercial, municipal banking, and asset management and trust services throughout its approximately 20 banking offices, over two loan centers, and a range of automated teller machines (ATMs) covering northern Vermont and New Hampshire.
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