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Union Bankshares (NASDAQ:UNB) Posts Earnings Results

Union Bankshares logo with Finance background

Union Bankshares (NASDAQ:UNB - Get Free Report) issued its quarterly earnings data on Wednesday. The bank reported $0.55 EPS for the quarter, Zacks reports. The firm had revenue of $12.70 million during the quarter. Union Bankshares had a net margin of 11.74% and a return on equity of 13.09%.

Union Bankshares Stock Down 1.4 %

UNB traded down $0.44 on Monday, hitting $30.90. The company had a trading volume of 14,368 shares, compared to its average volume of 7,525. The stock has a fifty day simple moving average of $30.03 and a 200-day simple moving average of $30.38. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.83 and a quick ratio of 0.82. The firm has a market capitalization of $140.26 million, a P/E ratio of 15.93 and a beta of 0.58. Union Bankshares has a 52-week low of $21.00 and a 52-week high of $37.70.

Union Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Saturday, April 26th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 4.66%. The ex-dividend date is Friday, April 25th. Union Bankshares's dividend payout ratio is currently 73.47%.

Analysts Set New Price Targets

Separately, StockNews.com cut Union Bankshares from a "hold" rating to a "sell" rating in a research note on Thursday, April 3rd.

View Our Latest Report on UNB

Union Bankshares Company Profile

(Get Free Report)

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. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.

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Earnings History for Union Bankshares (NASDAQ:UNB)

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