Welcome to our dedicated page for Union Bnkshrs news (Ticker: UNB), a resource for investors and traders seeking the latest updates and insights on Union Bnkshrs stock.
Union Bankshares, Inc. (NASDAQ: UNB) is a Morrisville, Vermont-based bank holding company for Union Bank, a community-focused institution serving northern Vermont and New Hampshire. The UNB news page on Stock Titan aggregates company-issued press releases and other coverage so readers can follow how this commercial bank reports its performance and strategic actions over time.
Recent news for Union Bankshares centers on quarterly and annual earnings announcements, regular cash dividend declarations, and detailed balance sheet and income statement discussions. The company routinely reports on loan growth, deposit trends, asset quality, credit loss expense, and the performance of its available-for-sale investment securities portfolio. Earnings releases also highlight sales of qualifying residential loans to the secondary market and the resulting gains, underscoring the importance of mortgage banking to noninterest income.
Investors and observers can use the UNB news feed to monitor developments such as balance sheet repositioning transactions, use of wholesale funding, and changes in net interest income driven by interest rate movements and funding costs. The company also uses news and Form 8-K filings to communicate governance and policy items, including updates to its insider trading policy, changes in independent auditors, and board-level appointments or retirements at the holding company and bank subsidiary.
For anyone tracking a regional community bank with an emphasis on commercial, retail, and municipal banking and wealth management services, the Union Bankshares news page provides a centralized view of official communications. Bookmark this page to review historical announcements and follow new UNB press releases and related coverage as they are added.
Union Bankshares (NASDAQ: UNB) reported consolidated net income of $2.7M for Q4 2025 ($0.60/sh) and $11.1M for full-year 2025 ($2.43/sh), up 26.5% vs. 2024. Total assets rose to $1.62B (+5.8%) and investment securities grew to $328.3M (+30.1%) after strategic pre-investment. Total loans were $1.2B (+1.5%) with loan sales of $143.5M for 2025. Book value per share strengthened to $17.53 (+19.7%). Noninterest expenses increased to $41.7M and interest expense rose to $32.8M. The Board declared a quarterly cash dividend of $0.36 per share payable Feb 5, 2026 (record Jan 31, 2026).
Union Bankshares (NASDAQ: UNB) reported consolidated net income of $3.4M for Q3 2025 and $8.3M year-to-date through Sept. 30, 2025, versus $1.3M and $5.8M in the comparable 2024 periods. Total assets were $1.57B and loans grew 5.1% to $1.18B year-over-year. Net interest income rose 18.3% to $11.2M in Q3 driven by higher yields and volume; interest income increased 11.7%.
Allowance for credit losses increased 14.0%, while credit loss expense declined to $313k in Q3. Book value per share rose 6.1% to $16.95. The board declared a quarterly cash dividend of $0.36 per share payable Nov. 6, 2025 to holders of record Oct. 25, 2025.
Union Bankshares (NASDAQ:UNB) reported strong Q2 2025 financial results and declared a quarterly dividend. The company's net income rose 18.6% to $2.4 million ($0.53 per share) compared to $2.0 million ($0.45 per share) in Q2 2024.
Total assets increased 5.9% to $1.48 billion, primarily driven by loan growth of 9.8% reaching $1.11 billion. The bank maintained strong asset quality with minimal past due loans. Total deposits grew to $1.10 billion, and the company declared a quarterly cash dividend of $0.36 per share, payable August 7, 2025.
The bank's book value per share improved to $15.66 from $14.16 year-over-year, while net interest income increased 10.1% despite higher interest expenses.
Union Bankshares (NASDAQ: UNB) reported strong Q1 2025 financial results with consolidated net income of $2.5 million ($0.55 per share), up from $2.4 million ($0.53 per share) in Q1 2024. Total assets grew 7.6% to $1.52 billion, driven by robust loan growth of 12.3% reaching $1.16 billion.
Key highlights include strong asset quality with minimal past due loans, increased interest income of 17.1% to $18.3 million, and net interest income growth of 14%. Total deposits stood at $1.18 billion, while the company maintained a book value per share of $15.44. The Board declared a quarterly cash dividend of $0.36 per share, payable May 1, 2025.
Union Bankshares (UNB) reported Q4 2024 consolidated net income of $3.00 million ($0.67 per share), slightly down from $3.05 million ($0.68 per share) in Q4 2023. Full-year 2024 net income was $8.8 million ($1.94 per share), compared to $11.3 million ($2.50 per share) in 2023.
Total assets reached $1.53 billion, up 4.0% from 2023. Loan portfolio grew by 12.6% to $1.16 billion, while deposits were $1.17 billion. The company's strategic balance sheet repositioning included selling $38.8 million in lower-yielding securities, resulting in a $1.3 million pre-tax loss. Book value per share increased to $14.65.
The Board declared a quarterly cash dividend of $0.36 per share, payable February 6, 2025.
Union Bankshares, Inc. (NASDAQ: UNB) reported its financial results for Q3 2024 and declared a quarterly dividend. Key highlights include:
- Consolidated net income of $1.3 million ($0.29 per share) for Q3 2024, down from $2.5 million ($0.56 per share) in Q3 2023
- Total assets increased 8.9% to $1.52 billion
- Total loans grew to $1.13 billion, including $8.4 million in loans held for sale
- Total deposits were $1.17 billion, including $80.0 million of purchased brokered deposits
- Book value per share increased to $15.98
- Quarterly cash dividend of $0.36 per share declared
The decrease in earnings was primarily due to a strategic balance sheet repositioning, resulting in a $1.3 million pre-tax realized loss from the sale of $38.8 million in lower-yielding available-for-sale debt securities.
Union Bankshares, Inc. (NASDAQ: UNB) has completed a strategic balance sheet repositioning involving its investment securities portfolio. The company's subsidiary, Union Bank, sold $38.8 million in book value of lower-yielding available-for-sale debt securities, resulting in an estimated after-tax realized loss of $1.0 million for Q3 2024. The proceeds were reinvested in higher-yielding bonds and loans, expected to yield 341 basis points more than the sold securities. This move is projected to be earnings accretive, improve net interest margin and return on assets, and enhance balance sheet management flexibility. The loss is estimated to be recouped within a year and has a neutral impact on stockholders' equity and book value per share.
Union Bankshares (NASDAQ: UNB) reported Q2 2024 earnings with consolidated net income of $2.0 million, or $0.45 per share, down from $2.7 million, or $0.60 per share, in Q2 2023. For the six months ended June 30, 2024, net income was $4.4 million, or $0.98 per share, compared to $5.7 million, or $1.26 per share, in the same period of 2023.
Key highlights:
- Total assets increased 4.8% to $1.40 billion
- Total loans grew to $1.01 billion, including $6.2 million in loans held for sale
- Deposits were $1.05 billion, including $65.0 million in brokered deposits
- Book value per share improved to $14.16
- The Board declared a quarterly cash dividend of $0.36 per share
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Summary not available.