Union Bankshares Corporation is a financial holding company and bank holding company. The Company operates through two segments: a community bank segment and mortgage loan origination business segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates. The Company's non-bank financial services affiliates include Union Mortgage Group, Inc. (UMG), Union Insurance Group, LLC and Old Dominion Capital Management, Inc. The community bank segment included one subsidiary bank, which provided loan, deposit, investment, and trust services to retail and commercial customers throughout its 114 retail locations in Virginia, as of December 31, 2016. The mortgage segment includes UMG, which provides a range of mortgage loan products principally in Virginia, North Carolina, Maryland, and the Washington D.C. metro area.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Mid-Atlantic Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:UBSH
- CUSIP: 90662P10
- Web: investors.bankatunion.com
Capitalization:- Market Cap: $1.48 billion
- Outstanding Shares: 43,677,000
Average Prices:- 50 Day Moving Avg: $33.98
- 200 Day Moving Avg: $34.86
- 52 Week Range: $23.28 - $39.37
P/E:- Trailing P/E Ratio: 18.56
- Foreward P/E Ratio: 14.60
- P/E Growth: 2.20
Sales & Book Value:- Annual Revenue: $333.2 million
- Price / Sales: 4.44
- Book Value: $23.25 per share
- Price / Book: 1.46
Dividend:- Annual Dividend: $0.80
- Dividend Yield: 2.4%
Profitability:- Net Margins: 21.18%
- Return on Equity: 7.82%
- Return on Assets: 0.96%
Debt:- Debt-to-Equity Ratio: 0.26%
- Current Ratio: 0.91%
- Quick Ratio: 0.91%
Misc:- Average Volume: 137,436 shs.
- Beta: 1.12
- Short Ratio: 3.06
Frequently Asked Questions for Union Bankshares Corp (NASDAQ:UBSH)
What is Union Bankshares Corp's stock symbol?
Union Bankshares Corp trades on the NASDAQ under the ticker symbol "UBSH."
How often does Union Bankshares Corp pay dividends? What is the dividend yield for Union Bankshares Corp?
Union Bankshares Corp declared a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Friday, May 12th will be paid a dividend of $0.20 per share on Friday, May 26th. This represents a $0.80 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Wednesday, May 10th. View Union Bankshares Corp's Dividend History.
How were Union Bankshares Corp's earnings last quarter?
Union Bankshares Corp (NASDAQ:UBSH) announced its earnings results on Wednesday, April, 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.01. The firm earned $85.41 million during the quarter, compared to analyst estimates of $86.10 million. Union Bankshares Corp had a return on equity of 7.82% and a net margin of 21.18%. View Union Bankshares Corp's Earnings History.
When will Union Bankshares Corp make its next earnings announcement?
Where is Union Bankshares Corp's stock going? Where will Union Bankshares Corp's stock price be in 2017?
4 analysts have issued 12 month price targets for Union Bankshares Corp's stock. Their forecasts range from $38.00 to $39.00. On average, they expect Union Bankshares Corp's share price to reach $38.50 in the next year. View Analyst Ratings for Union Bankshares Corp.
Who are some of Union Bankshares Corp's key competitors?
Some companies that are related to Union Bankshares Corp include South State (SSB), Eagle Bancorp (EGBN), United Community Banks (UCBI), TowneBank (TOWN), Banner (BANR), BNC Bancorp (BNCN), WesBanco (WSBC), Ameris Bancorp (ABCB), WSFS Financial (WSFS), City Holding Company (CHCO), Southside Bancshares (SBSI), Sandy Spring Bancorp (SASR), Seacoast Banking Co. of Florida (SBCF), Guaranty Bancorp (GBNK), Bryn Mawr Bank Corp. (BMTC), First Bancorp (FBNC), Access National (ANCX) and Fidelity Southern (LION).
Who are Union Bankshares Corp's key executives?
Union Bankshares Corp's management team includes the folowing people:
- Raymond D. Smoot Jr., Chairman of the Board
- John C. Asbury, President, Chief Executive Officer, Director
- Robert M. Gorman, Chief Financial Officer, Executive Vice President
- M. Dean Brown, Executive Vice President, Chief Information Officer & Head of Bank Operations
- D. Anthony Peay, Executive Vice President and Chief Banking Officer of Union First Market Bank
- G. William Beale, Director
- L Bradford Armstrong, Independent Director
- Glen C. Combs, Independent Director
- Beverley E. Dalton, Independent Director
- Gregory L. Fisher, Independent Director
Who owns Union Bankshares Corp stock?
Union Bankshares Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.06%), BlackRock Inc. (7.11%), Vanguard Group Inc. (4.76%), JPMorgan Chase & Co. (2.49%), Ameriprise Financial Inc. (2.34%) and State Street Corp (1.94%). Company insiders that own Union Bankshares Corp stock include David Bilko, Elizabeth M Bentley, G William Beale, Jan S Hoover, John C Asbury and Ronald L Tillett. View Institutional Ownership Trends for Union Bankshares Corp.
Who sold Union Bankshares Corp stock? Who is selling Union Bankshares Corp stock?
Union Bankshares Corp's stock was sold by a variety of institutional investors in the last quarter, including Union Bankshares Corp, Morgan Stanley, Prudential Financial Inc., JPMorgan Chase & Co., Bogle Investment Management L P DE, LSV Asset Management, Ameriprise Financial Inc. and Teachers Retirement System of The State of Kentucky. Company insiders that have sold Union Bankshares Corp stock in the last year include Elizabeth M Bentley and G William Beale. View Insider Buying and Selling for Union Bankshares Corp.
Who bought Union Bankshares Corp stock? Who is buying Union Bankshares Corp stock?
Union Bankshares Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Teachers Advisors LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Nordea Investment Management AB, ClariVest Asset Management LLC, Principal Financial Group Inc. and First Trust Advisors LP. Company insiders that have bought Union Bankshares Corp stock in the last two years include Jan S Hoover, John C Asbury and Ronald L Tillett. View Insider Buying and Selling for Union Bankshares Corp.
How do I buy Union Bankshares Corp stock?
Shares of Union Bankshares Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Union Bankshares Corp's stock price today?
One share of Union Bankshares Corp stock can currently be purchased for approximately $33.88.
MarketBeat Community Rating for Union Bankshares Corp (NASDAQ UBSH)MarketBeat's community ratings are surveys of what our community members think about Union Bankshares Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Union Bankshares Corp (NASDAQ:UBSH)Earnings History by Quarter for Union Bankshares Corp (NASDAQ:UBSH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/20/2017 | | | | | | | | |
| 4/19/2017 | Q1 2017 | $0.43 | $0.44 | $86.10 million | $85.41 million | View | N/A |  |
| 1/24/2017 | Q4 2016 | $0.46 | $0.48 | $87.30 million | $86.67 million | View | N/A | |
| 10/20/2016 | Q3 | $0.45 | $0.47 | $85.96 million | $85.98 million | View | Listen | |
| 7/22/2016 | Q2 | $0.41 | $0.44 | $82.91 million | $83.77 million | View | Listen | |
| 4/20/2016 | Q116 | $0.36 | $0.38 | $78.07 million | $79.65 million | View | Listen | |
| 1/20/2016 | Q415 | $0.41 | $0.40 | $80.61 million | $79.62 million | View | Listen | |
| 10/20/2015 | Q315 | $0.39 | $0.40 | $81.50 million | $80.17 million | View | N/A | |
| 7/21/2015 | Q215 | $0.37 | $0.36 | $79.78 million | $80.03 million | View | Listen | |
| 4/20/2015 | Q115 | $0.38 | $0.35 | $77.06 million | $77.02 million | View | N/A | |
| 1/28/2015 | Q414 | $0.42 | $0.34 | $79.55 million | $77.97 million | View | N/A | |
| 10/22/2014 | Q314 | $0.43 | $0.35 | $82.33 million | $81.22 million | View | Listen | |
| 7/22/2014 | Q214 | $0.39 | $0.32 | $80.89 million | $80.42 million | View | N/A | |
| 4/22/2014 | Q114 | $0.33 | $0.36 | $77.98 million | $77.96 million | View | N/A | |
| 1/28/2014 | Q413 | $0.35 | $0.32 | $47.58 million | | View | N/A | |
| 11/1/2013 | Q313 | $0.35 | $0.32 | $47.58 million | | View | N/A | |
| 7/22/2013 | Q2 2013 | $0.38 | $0.42 | | | View | N/A | |
| 1/23/2013 | Q4 2012 | $0.36 | $0.37 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Union Bankshares Corp (NASDAQ:UBSH)Current Year EPS Consensus Estimate: $1.93 EPS
Next Year EPS Consensus Estimate: $2.32 EPS
Current Dividend Information for Union Bankshares Corp (NASDAQ:UBSH)| Most Recent Dividend: | 5/26/2017 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 2.36% |
| Payout Ratio: | 45.20% (Trailing 12 Months of Earnings)
41.45% (Based on This Year's Estimates)
34.48% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Union Bankshares Corp (NASDAQ:UBSH)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2017 | Quarterly | $0.20 | 2.34% | 5/10/2017 | 5/12/2017 | 5/26/2017 |
| 1/26/2017 | Quarterly | $0.20 | 2.14% | 2/8/2017 | 2/10/2017 | 2/24/2017 |
| 10/28/2016 | quarterly | $0.20 | 2.87% | 11/9/2016 | 11/14/2016 | 11/28/2016 |
| 7/25/2016 | quarterly | $0.19 | 2.83% | 8/3/2016 | 8/5/2016 | 8/19/2016 |
| 5/4/2016 | quarterly | $0.19 | 2.91% | 5/11/2016 | 5/13/2016 | 5/27/2016 |
| 1/29/2016 | quarterly | $0.19 | 3.31% | 2/10/2016 | 2/12/2016 | 2/26/2016 |
| 10/30/2015 | quarterly | $0.19 | 3.03% | 11/10/2015 | 11/13/2015 | 11/27/2015 |
| 7/24/2015 | quarterly | $0.17 | 2.8% | 8/12/2015 | 8/14/2015 | 8/28/2015 |
| 4/22/2015 | quarterly | $0.17 | 3.15% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 1/30/2015 | quarterly | $0.15 | 3% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 10/30/2014 | quarterly | $0.15 | 2.67% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 7/24/2014 | quarterly | $0.15 | 2.47% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 4/23/2014 | quarterly | $0.14 | 2.17% | 5/14/2014 | 5/16/2014 | 5/30/2014 |
| 1/31/2014 | quarterly | $0.14 | 2.45% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 11/1/2013 | quarterly | $0.14 | 2.31% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 7/25/2013 | quarterly | $0.14 | 2.49% | 8/14/2013 | 8/16/2013 | 8/30/2013 |
| 4/24/2013 | quarterly | $0.13 | 2.77% | 5/15/2013 | 5/17/2013 | 5/31/2013 |
| 2/4/2013 | quarterly | $0.13 | 2.93% | 2/13/2013 | 2/15/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Union Bankshares Corp (NASDAQ:UBSH)Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 59.36%
Insider Trades by Quarter for Union Bankshares Corp (NASDAQ:UBSH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/20/2016 | Elizabeth M Bentley | EVP | Sell | 2,816 | $35.95 | $101,235.20 | |
| 12/8/2016 | G William Beale | CEO | Sell | 18,400 | $35.74 | $657,616.00 | |
| 10/26/2016 | John C Asbury | President | Buy | 300 | $28.07 | $8,421.00 | |
| 3/8/2016 | Jan S Hoover | Director | Buy | 528 | $23.82 | $12,576.96 | |
| 2/17/2016 | Ronald L Tillett | Director | Buy | 1,000 | $22.14 | $22,140.00 | |
| 9/9/2015 | David Bilko | EVP | Sell | 4,274 | $23.54 | $100,609.96 | |
| 4/28/2015 | Raymond D Smoot Jr | Director | Sell | 1,346 | $22.00 | $29,612.00 | |
| 3/20/2015 | Ronald L Hicks | Director | Buy | 2,196 | $22.99 | $50,486.04 | |
| 2/12/2015 | G William Beale | CEO | Buy | 2,000 | $21.47 | $42,940.00 | |
| 2/4/2015 | Keith L Wampler | Director | Buy | 3,000 | $21.15 | $63,450.00 | |
| 2/3/2015 | Ronald L Tillett | Director | Buy | 2,000 | $21.54 | $43,080.00 | |
| 12/22/2014 | Raymond L Slaughter | Director | Buy | 4 | $24.18 | $96.72 | |
| 12/18/2014 | Jeffrey W Farrar | EVP | Sell | 1,500 | $23.57 | $35,355.00 | |
| 10/24/2014 | Ronald L Tillett | Director | Buy | 1,000 | $21.67 | $21,670.00 | |
| 5/16/2014 | Ronald Tillett | Director | Buy | 1,000 | $24.10 | $24,100.00 | |
| 3/4/2014 | Raymond Smoot, Jr. | Director | Sell | 1,852 | $26.17 | $48,466.84 | |
| 2/21/2014 | John Neal | EVP | Sell | 4,000 | $24.75 | $99,000.00 | |
| 12/6/2013 | D Anthony Peay | EVP | Sell | 3,750 | $25.10 | $94,125.00 | |
| 11/7/2013 | Ronald Tillett | Director | Buy | 3,000 | $24.54 | $73,620.00 | |
| 7/30/2013 | Ronald L Tillett | Director | Sell | 8,000 | $22.37 | $178,960.00 | |
| 7/25/2013 | Hullihen W Moore | Director | Sell | 3,502 | $22.63 | $79,250.26 | |
| 6/24/2013 | Ronald L Tillett | Director | Sell | 1,000 | $19.85 | $19,850.00 | |
| 11/15/2012 | Ronald L Hicks | Director | Buy | 2,000 | $14.50 | $29,000.00 | |
| 11/9/2012 | Ronald L Hicks | Director | Buy | 2,000 | $14.72 | $29,440.00 | |
| 11/8/2012 | Ronald L Hicks | Director | Buy | 1,000 | $14.85 | $14,850.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Union Bankshares Corp (NASDAQ:UBSH)
Latest Headlines for Union Bankshares Corp (NASDAQ:UBSH)
| Source: |
|
| Date | Headline |
|---|
 | Union Bankshares (UBSH) Acquires Xenith Bankshares (XBKS) For $695M - Slideshow
seekingalpha.com - May 26 at 8:07 AM |
 | Union Bankshares Corp (UBSH) Upgraded at Raymond James Financial, Inc.
www.americanbankingnews.com - May 24 at 9:04 AM |
| Union Bankshares Corp (UBSH) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 23 at 10:02 AM |
| Keefe, Bruyette & Woods Upgrades Union Bankshares Corp (UBSH) to Outperform
www.americanbankingnews.com - May 23 at 8:44 AM |
 | Community bank Union Bankshares to buy rival Xenith Bankshares
finance.yahoo.com - May 22 at 7:24 PM |
| Union Bankshares to buy rival Xenith Bankshares for $694.5 mln
finance.yahoo.com - May 22 at 8:24 AM |
| $89.67 Million in Sales Expected for Union Bankshares Corp (UBSH) This Quarter
www.americanbankingnews.com - May 12 at 1:32 PM |
| Union Bankshares Corp. : UBSH-US: Dividend Analysis : May 12th, 2017 (record date) : By the numbers : May 10, 2017
finance.yahoo.com - May 11 at 2:43 AM |
| Zacks: Analysts Expect Union Bankshares Corp (UBSH) to Post $0.47 Earnings Per Share
www.americanbankingnews.com - May 10 at 6:14 PM |
| Union Bankshares Corp (UBSH) Earns Daily News Sentiment Rating of -0.02
www.americanbankingnews.com - May 4 at 5:43 PM |
| Union Bankshares Corp (UBSH) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 4 at 1:04 AM |
| Union Bankshares Corp (ubsh) Plans Quarterly Dividend of $0.20
www.americanbankingnews.com - May 3 at 7:28 PM |
| Union Bankshares Corp (UBSH) Getting Somewhat Positive Press Coverage, Study Finds
www.americanbankingnews.com - May 1 at 3:34 PM |
| Union Bankshares Corp (UBSH) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 28 at 12:22 PM |
| Union Bankshares Corp (UBSH) Earning Negative Media Coverage, Study Finds
www.americanbankingnews.com - April 27 at 12:42 PM |
| Union Bankshares Corp (UBSH) Expected to Post Earnings of $0.47 Per Share
www.americanbankingnews.com - April 27 at 1:11 AM |
| Union Bankshares Corp. breached its 50 day moving average in a Bullish Manner : UBSH-US : April 25, 2017
finance.yahoo.com - April 25 at 9:02 AM |
| Union Bankshares Corp (UBSH) Receiving Somewhat Critical Press Coverage, Study Shows
www.americanbankingnews.com - April 23 at 3:59 PM |
| Union Bankshares Corp (UBSH) Earns News Sentiment Rating of 0.21
www.americanbankingnews.com - April 20 at 10:35 PM |
| Union Bankshares Corp (UBSH) Releases Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - April 20 at 12:52 PM |
| Edited Transcript of UBSH earnings conference call or presentation 19-Apr-17 1:00pm GMT
finance.yahoo.com - April 19 at 11:25 PM |
| $0.43 Earnings Per Share Expected for Union Bankshares Corp (UBSH) This Quarter
www.americanbankingnews.com - April 19 at 8:09 PM |
| Union Bankshares Reports First Quarter Results
finance.yahoo.com - April 19 at 8:31 AM |
| Union Bankshares Corp (UBSH) Receives News Impact Rating of 0.31
www.americanbankingnews.com - April 17 at 2:35 PM |
| Union Bankshares Corp (UBSH) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 17 at 7:58 AM |
 | Union Bankshares Corporation to Release First Quarter 2017 Results
feeds.benzinga.com - April 4 at 1:22 PM |
| Union Bankshares Corp (UBSH) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 3 at 11:14 AM |
| Zacks Investment Research Downgrades Union Bankshares Corp (UBSH) to Hold
www.americanbankingnews.com - March 29 at 10:17 AM |
 | Union Bankshares Corp. breached its 50 day moving average in a Bearish Manner : UBSH-US : March 10, 2017
us.rd.yahoo.com - March 11 at 9:45 PM |
| UNION BANKSHARES CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 8:02 PM |
 | Form 8-K Union Bankshares Corp For: Feb 20
www.streetinsider.com - February 23 at 11:11 PM |
| Union Bankshares Corporation To Present At Raymond James 38th Annual Institutional Investors Conference
feeds.benzinga.com - February 20 at 9:05 AM |
 | Union Bankshares Corporation (UBSH) Ex-Dividend Date Scheduled for February 08 ...
www.nasdaq.com - February 8 at 8:15 AM |
| Union Bankshares Corp. :UBSH-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017
us.rd.yahoo.com - January 28 at 7:24 AM |
| Form 8-K Union Bankshares Corp For: Jan 26
www.streetinsider.com - January 27 at 6:27 AM |
| Union Bankshares Corporation Declares Quarterly Dividend
finance.yahoo.com - January 27 at 6:27 AM |
| Q4 2016 Union Bankshares Corp Earnings Release - Before Market Open
us.rd.yahoo.com - January 25 at 3:58 PM |
| Union Bankshares Reports Fourth Quarter and Full Year Results
www.nasdaq.com - January 25 at 8:05 AM |
| UNION BANKSHARES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
biz.yahoo.com - January 25 at 8:05 AM |
| Edited Transcript of UBSH earnings conference call or presentation 24-Jan-17 2:00pm GMT
finance.yahoo.com - January 25 at 8:05 AM |
 | Union Bankshares Corporation to Release Fourth Quarter and Fiscal 2016 Results
us.rd.yahoo.com - January 11 at 8:03 AM |
| Union Bankshares downgraded by Raymond James
finance.yahoo.com - December 12 at 9:19 PM |
| UNION BANKSHARES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
biz.yahoo.com - December 6 at 10:56 AM |
| Union Bankshares Corporation Announces Completion of Subordinated Notes Offering
finance.yahoo.com - December 5 at 3:51 PM |
| 8:03 am Union Bankshares prices $150 million of its Fixed-to-Floating Rate Subordinated Notes due 2026
us.rd.yahoo.com - December 1 at 8:27 PM |
| Coverage initiated on Union Bankshares by Brean Capital
us.rd.yahoo.com - December 1 at 8:17 AM |
| Union Bankshares Corporation Announces Pricing of Subordinated Notes Offering
finance.yahoo.com - December 1 at 8:17 AM |
 | Kroll Bond Rating Agency Assigns Senior Unsecured Debt Rating of BBB+ to Union Bankshares Corporation
www.businesswire.com - November 29 at 3:59 PM |
| Kroll Bond Rating Agency Assigns Senior Unsecured Debt Rating of BBB+ to Union Bankshares Corporation
www.businesswire.com - November 29 at 3:59 PM |
| UNION BANKSHARES CORP Financials
finance.yahoo.com - November 9 at 8:10 PM |
Union Bankshares Corp (UBSH) Chart for Monday, May, 29, 2017
