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About Union Bankshares (NASDAQ:UBSH)
Union Bankshares Corporation operates as the bank holding company for Union Bank & Trust that provides banking and related financial services to consumers and businesses. The company operates in two segments, Community Bank and Mortgage. 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 asset management, private banking, and trust services to individuals and corporations. Further, the company offers securities, brokerage, and investment advisory services; and originates and sells mortgage loan products in the secondary market principally in Virginia, North Carolina, Maryland, and the Washington D.C. metro area. As of January 1, 2018, it operated 150 branches and approximately 220 ATMs in Virginia. 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.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:UBSH
CUSIP90662P10
Phone804-633-5031
Debt
Debt-to-Equity Ratio0.26
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio21.53
Forward P/E Ratio15.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$401.87 million
Price / Sales6.75
Cash Flow$1.6413 per share
Price / Cash25.06
Book Value$27.78 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$1.91
Net Income$72.92 million
Net Margins15.54%
Return on Equity8.35%
Return on Assets1.02%
Miscellaneous
Employees1,419
Outstanding Shares65,910,000
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 Wednesday, May 2nd. Shareholders of record on Friday, May 11th will be given a dividend of $0.21 per share on Friday, May 25th. This represents a $0.84 annualized dividend and a yield of 2.04%. The ex-dividend date is Thursday, May 10th. View Union Bankshares' Dividend History.
How were Union Bankshares' earnings last quarter?
Union Bankshares Co. (NASDAQ:UBSH) posted its quarterly earnings results on Tuesday, April, 24th. The financial services provider reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.05. The financial services provider had revenue of $126.06 million for the quarter, compared to analyst estimates of $122.73 million. Union Bankshares had a net margin of 15.54% and a return on equity of 8.35%. View Union Bankshares' Earnings History.
When is Union Bankshares' next earnings date?
What price target have analysts set for UBSH?
3 equities research analysts have issued twelve-month price targets for Union Bankshares' stock. Their predictions range from $39.00 to $47.00. On average, they anticipate Union Bankshares' stock price to reach $43.00 in the next twelve months. View Analyst Ratings for Union Bankshares.
Who are some of Union Bankshares' key competitors?
Some companies that are related to Union Bankshares include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank of the Ozarks (OZRK), First Citizens BancShares (FCNCA), Wintrust Financial (WTFC), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Popular (BPOP), Associated Banc (ASB), Iberiabank (IBKC), Hancock (HBHC), Chemical Bank (CHFC) and Investors Bank (ISBC).
Who are Union Bankshares' key executives?
Union Bankshares' management team includes the folowing people:
- Mr. John C. Asbury, Pres & CEO (Age 52)
- Mr. Robert Michael Gorman, Exec. VP & CFO (Age 60)
- Mr. M. Dean Brown, Exec. VP, Chief Information Officer & Head of Bank Operations of Union Bank & Trust (Age 53)
- Mr. John G. Stallings, Pres, Union Bank & Trust (Age 51)
- Mr. William P. Cimino, VP & Director of Investor Relations
Has Union Bankshares been receiving favorable news coverage?
Media stories about UBSH stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Union Bankshares earned a media sentiment score of 0.03 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 46.77 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Union Bankshares' major shareholders?
Union Bankshares' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.02%),
CAPGEN CAPITAL GROUP VI LP
(6.00%),
CAPGEN CAPITAL GROUP VI LP
(6.00%), BlackRock Inc. (5.44%), CAPGEN CAPITAL GROUP VI LP (4.80%) and Vaughan Nelson Investment Management L.P. (3.21%). Company insiders that own Union Bankshares stock include Elizabeth M Bentley, G William Beale, John C Asbury and John G Jr Stallings. View Institutional Ownership Trends for Union Bankshares.
Which major investors are selling Union Bankshares stock?
UBSH stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Outfitter Advisors LTD., Vaughan Nelson Investment Management L.P., LSV Asset Management, Rhumbline Advisers and Teacher Retirement System of Texas. View Insider Buying and Selling for Union Bankshares.
Which major investors are buying Union Bankshares stock?
UBSH stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., The Manufacturers Life Insurance Company , Denver Investment Advisors LLC, Wedge Capital Management L L P NC, Banc Funds Co. LLC, Dimensional Fund Advisors LP, Schroder Investment Management Group and Northern Trust Corp. Company insiders that have bought Union Bankshares stock in the last two years include John C Asbury 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 $41.13.
How big of a company is Union Bankshares?
Union Bankshares has a market capitalization of $2.71 billion and generates $401.87 million in revenue each year. The financial services provider earns $72.92 million in net income (profit) each year or $1.91 on an earnings per share basis. Union Bankshares employs 1,419 workers across the globe.
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 (UBSH)
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.
Union Bankshares (NASDAQ:UBSH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Union Bankshares in the last 12 months. Their average twelve-month price target is $43.00, suggesting that the stock has a possible upside of 4.55%. The high price target for UBSH is $47.00 and the low price target for UBSH is $39.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Buy | Buy | Buy |
| Consensus Rating Score: | 2.33 | 3.00 | 3.00 | 3.20 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
2 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
2 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
2 Strong Buy Rating(s) |
| Consensus Price Target: | $43.00 | $41.25 | $41.25 | $39.3333 |
| Price Target Upside: | 4.55% upside | 13.57% upside | 14.65% upside | 15.11% upside |
Union Bankshares (NASDAQ:UBSH) Consensus Price Target History
Union Bankshares (NASDAQ:UBSH) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Union Bankshares (NASDAQ:UBSH) Dividend Information
Union Bankshares pays an annual dividend of $0.84 per share, with a dividend yield of 2.04%. UBSH's most recent quarterly dividend payment was Friday, May 25. Union Bankshares pays out 43.98% of its earnings out as a dividend.
| Most Recent Dividend: | 5/25/2018 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 2.04% |
| Payout Ratio(s): | 43.98% (Trailing 12 Months of Earnings)
32.56% (Based on This Year's Estimates)
28.57% (Based on Next Year's Estimates)
51.18% (Based on Cash Flow)
|
Union Bankshares (NASDAQ:UBSH) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2018 | quarterly | $0.21 | 2.17% | 5/10/2018 | 5/11/2018 | 5/25/2018 |
| 1/23/2018 | Quarterly | $0.21 | 2.29% | 2/5/2018 | 2/6/2018 | 2/20/2018 |
| 10/27/2017 | Quarterly | $0.21 | 2.46% | 11/10/2017 | 11/13/2017 | 11/27/2017 |
| 7/20/2017 | Quarterly | $0.20 | 2.58% | 8/2/2017 | 8/4/2017 | 8/18/2017 |
| 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)
Union Bankshares (NASDAQ UBSH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.18%
Institutional Ownership Percentage: 68.03%
Union Bankshares (NASDAQ UBSH) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/13/2018 | G William Beale | Director | Sell | 32,064 | $39.67 | $1,271,978.88 | 84,333 |  |
| 12/14/2017 | John G Jr. Stallings | EVP | Buy | 1,373 | $36.22 | $49,730.06 | 9,582 | |
| 12/20/2016 | Elizabeth M Bentley | EVP | Sell | 2,816 | $35.95 | $101,235.20 | 17,022 | |
| 12/8/2016 | G William Beale | CEO | Sell | 18,400 | $35.74 | $657,616.00 | 107,044 | |
| 10/26/2016 | John C Asbury | President | Buy | 300 | $28.07 | $8,421.00 | 300 | |
| 3/8/2016 | Jan S Hoover | Director | Buy | 528 | $23.82 | $12,576.96 | 17,601 | |
| 2/17/2016 | Ronald L Tillett | Director | Buy | 1,000 | $22.14 | $22,140.00 | 25,918 | |
| 9/9/2015 | David Bilko | EVP | Sell | 4,274 | $23.54 | $100,609.96 | 11,472 | |
| 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 | 19,854 | |
| 3/4/2014 | Raymond Smoot, Jr. | Director | Sell | 1,852 | $26.17 | $48,466.84 | 24,885 | |
| 2/21/2014 | John Neal | EVP | Sell | 4,000 | $24.75 | $99,000.00 | 26,247 | |
| 12/6/2013 | D Anthony Peay | EVP | Sell | 3,750 | $25.10 | $94,125.00 | 17,436 | |
| 11/7/2013 | Ronald Tillett | Director | Buy | 3,000 | $24.54 | $73,620.00 | 18,090 | |
| 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)
Union Bankshares (NASDAQ UBSH) News Headlines
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Union Bankshares (NASDAQ:UBSH) SEC Filings
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Union Bankshares (NASDAQ:UBSH) Income Statement, Balance Sheet and Cash Flow Statement
Union Bankshares (NASDAQ UBSH) Stock Chart for Saturday, May, 26, 2018
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