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

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$35.79 +0.28 (+0.79 %)
(As of 02/19/2019 12:50 PM ET)
Previous Close$35.51
Today's Range$35.16 - $35.81
52-Week Range$26.48 - $42.74
Volume5,366 shs
Average Volume405,677 shs
Market Capitalization$2.36 billion
P/E Ratio13.12
Dividend Yield2.68%
Beta1.39
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.

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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$1.6858 per share
Book Value$15.92 per share

Profitability

Net Income$146.25 million

Miscellaneous

Employees1,419
Market Cap$2.36 billion
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 declared a quarterly dividend on Friday, January 25th. Shareholders of record on Friday, February 8th will be given a dividend of $0.23 per share on Friday, February 22nd. This represents a $0.92 annualized dividend and a yield of 2.57%. The ex-dividend date is Thursday, February 7th. View Union Bankshares' Dividend History.

How were Union Bankshares' earnings last quarter?

Union Bankshares Corp (NASDAQ:UBSH) issued its quarterly earnings data on Tuesday, January, 22nd. The financial services provider reported $0.70 EPS for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.02. The financial services provider earned $132.58 million during the quarter, compared to analysts' expectations of $131.01 million. Union Bankshares had a return on equity of 9.60% and a net margin of 23.02%. View Union Bankshares' Earnings History.

When is Union Bankshares' next earnings date?

Union Bankshares is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Union Bankshares.

What price target have analysts set for UBSH?

6 brokers have issued twelve-month price targets for Union Bankshares' stock. Their forecasts range from $38.00 to $47.00. On average, they anticipate Union Bankshares' share price to reach $42.00 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Union Bankshares.

What is the consensus analysts' recommendation for Union Bankshares?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Union Bankshares in the last year. There are currently 1 hold rating, 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?

News coverage about UBSH stock has been trending negative on Tuesday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Union Bankshares earned a news impact score of -2.8 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Union Bankshares' key competitors?

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. William P. Cimino, VP & Director of Investor Relations
  • Ms. Rachael R. Lape, Sr. VP, Gen. Counse & Corp. Sec. (Age 46)

Who are Union Bankshares' major shareholders?

Union Bankshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.93%), Dimensional Fund Advisors LP (6.53%), Bank of New York Mellon Corp (2.70%), Vaughan Nelson Investment Management L.P. (2.66%), Northern Trust Corp (1.84%) and Jennison Associates LLC (1.46%). 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 Bank of New York Mellon Corp, Emerald Mutual Fund Advisers Trust, Banc Funds Co. LLC, Principal Financial Group Inc., Emerald Advisers LLC, First Trust Advisors LP, SG Americas Securities LLC and London Co. of Virginia. 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 acquired by a variety of institutional investors in the last quarter, including Phocas Financial Corp., BlackRock Inc., Monarch Partners Asset Management LLC, Jennison Associates LLC, Vaughan Nelson Investment Management L.P., Tributary Capital Management LLC, Geode Capital Management LLC and Segall Bryant & Hamill 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 $35.79.

How big of a company is Union Bankshares?

Union Bankshares has a market capitalization of $2.36 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 1,419 workers across the globe.

What is Union Bankshares' official website?

The official website for Union Bankshares is http://www.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:  199 (Vote Outperform)
Underperform Votes:  327 (Vote Underperform)
Total Votes:  526
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 2/19/2019 by MarketBeat.com Staff

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