NASDAQ:UBSH - Union Bankshares Stock Price, News, & Analysis

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$35.28 -0.25 (-0.70 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$35.53
Today's Range$35.18 - $36.02
52-Week Range$26.48 - $42.74
Volume211,273 shs
Average Volume309,468 shs
Market Capitalization$2.89 billion
P/E Ratio13.02
Dividend Yield2.61%
Beta1.42
Union Bankshares Corporation operates as the holding company for Union Bank & Trust that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and Internet banking services, and online bill payment services, as well as trust, and wealth management services to consumers and businesses. Further, the company offers securities, brokerage, and investment advisory services; and originates and sells mortgage loan products in the secondary market. As of February 1, 2019, it operated 155 branches and approximately 200 ATMs in Virginia, North Carolina, and Maryland. The company was formerly known as Union First Market Bankshares Corporation and changed its name to Union Bankshares Corporation in April 2014. Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:UBSH
CUSIP90662P10
Phone804-633-5031

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$633.03 million
Cash Flow$3.0598 per share
Book Value$29.97 per share

Profitability

Net Income$146.25 million

Miscellaneous

Employees1,609
Market Cap$2.89 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

Union Bankshares (NASDAQ:UBSH) Frequently Asked Questions

What is Union Bankshares' stock symbol?

Union Bankshares trades on the NASDAQ under the ticker symbol "UBSH."

How often does Union Bankshares pay dividends? What is the dividend yield for Union Bankshares?

Union Bankshares announced a quarterly dividend on Friday, May 3rd. Stockholders of record on Friday, May 17th will be given a dividend of $0.23 per share on Friday, May 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Thursday, May 16th. View Union Bankshares' Dividend History.

How were Union Bankshares' earnings last quarter?

Union Bankshares Corp (NASDAQ:UBSH) posted its quarterly earnings data on Wednesday, April, 24th. The financial services provider reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by $0.02. The financial services provider earned $152.49 million during the quarter, compared to the consensus estimate of $154.45 million. Union Bankshares had a return on equity of 9.35% and a net margin of 24.34%. View Union Bankshares' Earnings History.

When is Union Bankshares' next earnings date?

Union Bankshares is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Union Bankshares.

What price target have analysts set for UBSH?

7 equities research analysts have issued 1 year price targets for Union Bankshares' shares. Their forecasts range from $38.00 to $44.00. On average, they expect Union Bankshares' stock price to reach $41.1667 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Union Bankshares.

What is the consensus analysts' recommendation for Union Bankshares?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Union Bankshares in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Union Bankshares.

Has Union Bankshares been receiving favorable news coverage?

Media stories about UBSH stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Union Bankshares earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Union Bankshares' key competitors?

What other stocks do shareholders of Union Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Union Bankshares investors own include Verizon Communications (VZ), Pfizer (PFE), PepsiCo (PEP), QUALCOMM (QCOM), salesforce.com (CRM), Ford Motor (F), Restoration Hardware (RH), Visa (V), Baidu (BIDU) and Costco Wholesale (COST).

Who are Union Bankshares' key executives?

Union Bankshares' management team includes the folowing people:
  • Mr. John C. Asbury, Pres, CEO & Director (Age 53)
  • Mr. Robert Michael Gorman, Exec. VP & CFO (Age 61)
  • Mr. M. Dean Brown, Exec. VP, Chief Information Officer & Head of Bank Operations of Union Bank & Trust (Age 54)
  • Mr. David V. Ring, Exec. VP & Commercial Banking Group Exec. (Age 55)
  • Ms. Maria P. Tedesco, Exec. VP (Age 58)

Who are Union Bankshares' major shareholders?

Union Bankshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.55%), Dimensional Fund Advisors LP (5.78%), Wellington Management Group LLP (5.46%), Janus Henderson Group PLC (2.43%), The Manufacturers Life Insurance Company (2.34%) and Vaughan Nelson Investment Management L.P. (1.96%). Company insiders that own Union Bankshares stock include Frederick Blair Wimbush, G William Beale, John G Jr Stallings and Ronald L Tillett. View Institutional Ownership Trends for Union Bankshares.

Which institutional investors are selling Union Bankshares stock?

UBSH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Voya Investment Management LLC, Emerald Advisers LLC, Victory Capital Management Inc., Emerald Mutual Fund Advisers Trust, Vaughan Nelson Investment Management L.P., Marshall Wace LLP and Morgan Stanley. Company insiders that have sold Union Bankshares company stock in the last year include G William Beale and Ronald L Tillett. View Insider Buying and Selling for Union Bankshares.

Which institutional investors are buying Union Bankshares stock?

UBSH stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., The Manufacturers Life Insurance Company , Dimensional Fund Advisors LP, Vigilant Capital Management LLC, Wellington Management Group LLP, Tributary Capital Management LLC and Geode Capital Management LLC. Company insiders that have bought Union Bankshares stock in the last two years include Frederick Blair Wimbush and John G Jr Stallings. View Insider Buying and Selling for Union Bankshares.

How do I buy shares of Union Bankshares?

Shares of UBSH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Union Bankshares' stock price today?

One share of UBSH stock can currently be purchased for approximately $35.28.

How big of a company is Union Bankshares?

Union Bankshares has a market capitalization of $2.89 billion and generates $633.03 million in revenue each year. The financial services provider earns $146.25 million in net income (profit) each year or $2.71 on an earnings per share basis. Union Bankshares employs 1,609 workers across the globe.

What is Union Bankshares' official website?

The official website for Union Bankshares is http://investors.bankatunion.com.

How can I contact Union Bankshares?

Union Bankshares' mailing address is 1051 East Cary Street Suite 1200, Richmond VA, 23219. The financial services provider can be reached via phone at 804-633-5031 or via email at [email protected]


MarketBeat Community Rating for Union Bankshares (NASDAQ UBSH)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  571
MarketBeat's community ratings are surveys of what our community members think about Union Bankshares and other stocks. Vote "Outperform" if you believe UBSH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UBSH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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