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Union Bankshares, Inc - $UNB STOCK NEWS

Welcome to our dedicated page for Union Bankshares news (Ticker: $UNB), a resource for investors and traders seeking the latest updates and insights on Union Bankshares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Union Bankshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Union Bankshares's position in the market.

News
Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend
Rhea-AI Summary
Union Bankshares, Inc. (NASDAQ: UNB) reported a consolidated net income of $2.4 million for the first quarter of 2024, with a decrease of 18.8% compared to the same period in 2023. Total assets increased by 4.1% to $1.42 billion, driven by loan growth. The company's investment securities faced unrealized losses of $44.7 million due to the interest rate environment. Total deposits decreased to $1.17 billion, and Federal Home Loan Bank advances increased to $115.7 million. The company's equity capital rose to $63.8 million, with a book value per share of $14.12. The Board of Directors declared a cash dividend of $0.36 per share for the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
dividends earnings
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News
Union Bankshares Announces Earnings for the three months and year ended December 31, 2023 and Declares Quarterly Dividend
Rhea-AI Summary
Union Bankshares, Inc. (NASDAQ - UNB) announced a decrease in net income for the three months and year ended December 31, 2023, compared to the same periods in 2022. Total assets increased to $1.5 billion, representing a 9.9% growth. However, the company reported unrealized losses of $41.0 million in its investment portfolio due to the interest rate environment. The company also declared a regular quarterly cash dividend of $0.36 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
dividends earnings
-
News
Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2023 and Declares Quarterly Dividend
Rhea-AI Summary
Union Bankshares, Inc. announces Q3 2023 results with consolidated net income of $2.5 million, a decrease of 32.6% compared to Q3 2022. The decrease in net income is primarily due to changes in interest rates and increased funding costs. The company remains focused on gathering deposits and maintaining strong asset quality. Total assets increased by 7.3% to $1.4 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
Tags
dividends earnings
News
Union Bankshares Announces Earnings for the three months and six months ended June 30, 2023 and Declares Quarterly Dividend
Rhea-AI Summary
Union Bankshares, Inc. announces Q2 2023 results with consolidated net income of $2.7 million, a decrease of 7.9% compared to Q2 2022. Net interest income decreased by $53 thousand and noninterest expenses increased by $653 thousand. The company's total assets increased by 12.0% to $1.3 billion. The Board of Directors declared a cash dividend of $0.36 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
dividends earnings
-
News
Union Bankshares Announces Earnings for the three months ended March 31, 2023 and Declares Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
dividends earnings
-
News
Union Bank Expands Relationship with Baker Hill and Upgrades to Baker Hill NextGen®
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
News
Union Bankshares Announces Earnings for the three months and year ended December 31, 2022 and Declares Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
dividends earnings
-
News
Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2022 and Declares Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends earnings
-
News
Union Bankshares Announces Earnings for the three months and six months ended June 30, 2022 and Declares Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
dividends earnings
News
Union Bankshares Announces Earnings for the three months ended March 31, 2022 and Declares Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
dividends earnings
Stock UNB logo
Union Bankshares, Inc

Nasdaq:UNB

UNB Rankings

#4128 Ranked by Market Cap
#1906 Ranked by Stock Gains
#572 Ranked by Dividends

UNB Stock Data

121.98M
3.75M
19.89%
14.87%
0.37%
Commercial Banking
Finance and Insurance
Link
United States of America
MORRISVILLE

About UNB

stay local go far union bank is a true community bank serving the people and businesses of northern vermont and northern new hampshire. we value building relationships and working together with our customers to meet their financial goals. we help people manage banking on the go, build or buy a home, and save for retirement. we help local businesses create jobs, expand and prosper. our commitment to local success and growth combined with our financial expertise, quality products and personal service creates an unbeatable banking experience. headquartered in morrisville, vermont, union bank is a full-service bank that offers investment and trust services as well as personal and commercial banking. we invite you to take advantage of our local insight! 800-753-4343 © 2015 union bank. member fdic, equal housing lender