NASDAQ:UBSH - Union Bankshares Stock Price, Price Target & More

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$40.21 -0.27 (-0.67 %)
(As of 06/17/2018 04:00 PM ET)
Previous Close$40.21
Today's Range$39.88 - $40.80
52-Week Range$30.45 - $42.60
Volume2.48 million shs
Average Volume427,769 shs
Market Capitalization$2.65 billion
P/E Ratio21.05
Dividend Yield2.09%
Beta1.16

About Union Bankshares (NASDAQ:UBSH)

Union Bankshares logoUnion 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
SymbolNASDAQ:UBSH
CUSIP90662P10
Phone804-633-5031

Debt

Debt-to-Equity Ratio0.26
Current Ratio0.94
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio21.05
Forward P/E Ratio15.59
P/E GrowthN/A

Sales & Book Value

Annual Sales$401.87 million
Price / Sales6.59
Cash Flow$1.6419 per share
Price / Cash24.49
Book Value$15.92 per share
Price / Book2.53

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. Stockholders of record on Friday, May 11th will be paid a dividend of $0.21 per share on Friday, May 25th. This represents a $0.84 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Thursday, May 10th. View Union Bankshares' Dividend History.

How were Union Bankshares' earnings last quarter?

Union Bankshares Corp (NASDAQ:UBSH) announced its quarterly earnings data on Tuesday, April, 24th. The financial services provider reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.05. The financial services provider earned $126.06 million during the quarter, compared to analysts' expectations 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?

Union Bankshares is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Union Bankshares.

What price target have analysts set for UBSH?

4 brokerages have issued 1-year price targets for Union Bankshares' stock. Their forecasts range from $39.00 to $47.00. On average, they anticipate Union Bankshares' stock price to reach $43.3333 in the next twelve months. View Analyst Ratings for Union Bankshares.

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 (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 coverage about UBSH stock has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of 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 coverage optimism score of 0.20 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 45.05 out of 100, meaning 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 a variety of of retail and institutional investors. Top institutional investors 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 acquired 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 $40.21.

How big of a company is Union Bankshares?

Union Bankshares has a market capitalization of $2.65 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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  406
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 6/17/2018 by MarketBeat.com Staff

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