How were Union Bankshares' earnings last quarter?

Union Bankshares Corp (NASDAQ:UBSH) issued its quarterly earnings results on Wednesday, October, 17th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.03. The financial services provider had revenue of $125.85 million for the quarter, compared to analyst estimates of $132.49 million. Union Bankshares had a trailing twelve-month return on equity of 9.35% and a net margin of 24.34%.

Is Union Bankshares a good dividend stock?

Union Bankshares (NASDAQ:UBSH) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.61%. The dividend payout ratio is 33.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UBSH will have a dividend payout ratio of 29.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UBSH .

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) , Salesforce (CRM) , PepsiCo (PEP) , Pfizer (PFE) , QUALCOMM (QCOM) , Visa (V) , AbbVie (ABBV) , Bristol-Myers Squibb (BMY) , Citigroup (C) and Costco Wholesale (COST) .

NASDAQ:UBSH

Union Bankshares (UBSH) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $31.86
▼
$32.56
50-Day Range: $33.79
▼
$38.12
52-Week Range: $26.48
▼
$42.74

Volume: 446,674 shs
Average Volume: 309,468 shs
Market Capitalization: $2.64 billion

P/E Ratio: 11.87
Dividend Yield: 2.86%
Price Target: N/A

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About Union Bankshares Stock (NASDAQ:UBSH)

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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UBSH Stock News Headlines

November 10, 2023 | morningstar.com

Union Bankshares Inc UNB

November 1, 2023 | morningstar.com

Atlantic Union Bankshares Corp AUB

April 19, 2024 | Insiders Exposed (Ad)

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Union Bankshares: Uniting Growth And Sustainability Makes The Stock Enticing

February 9, 2023 | gurufocus.com

Top 5 4th Quarter Trades of Atlantic Union Bankshares Corp

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November 3, 2022 | gurufocus.com

Could Insider Buying Signal that Atlantic Union Bankshares Corp Is Undervalued?

October 26, 2022 | gurufocus.com

Top 5 3rd Quarter Trades of Atlantic Union Bankshares Corp

August 29, 2022 | finance.yahoo.com

Atlantic Union Bank Names New Chief Risk Officer

August 16, 2021 | gurufocus.com

Wills Financial Group, Inc. Buys Albemarle Corp, Atlantic Union Bankshares Corp, International ...

July 26, 2021 | gurufocus.com

Union Bankshares Corp Buys Vanguard Russell 1000 Growth Index Fund, iShares Russell 1000 Growth ...

July 22, 2021 | fool.com

Atlantic Union Bankshares Corporation (AUB) Q2 2021 Earnings Call Transcript

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Company Calendar

Last Earnings: 10/17/2018
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State Commercial Banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:UBSH
CUSIP: 90662P10
CIK: 883948
Web: investors.bankatunion.com
Phone: 804-633-5031
Fax: N/A
Employees: 1,609
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.71
Trailing P/E Ratio: 11.87
Forward P/E Ratio: 11.62
P/E Growth: N/A
Net Income: $146.25 million
Net Margins: 24.34%
Pretax Margin: N/A
Return on Equity: 9.35%
Return on Assets: 1.33%

Debt

Debt-to-Equity Ratio: 0.30
Current Ratio: 0.91
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $633.03 million
Price / Sales: 4.17
Cash Flow: $2.79 per share
Price / Cash Flow: 11.53
Book Value: $29.97 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 82,050,000
Free Float: N/A
Market Cap: $2.64 billion
Optionable: Not Optionable
Beta: 1.42

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Key Executives

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

Key Competitors

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UBSH Stock Analysis - Frequently Asked Questions

How were Union Bankshares' earnings last quarter?: Union Bankshares Corp (NASDAQ:UBSH) issued its quarterly earnings results on Wednesday, October, 17th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.03. The financial services provider had revenue of $125.85 million for the quarter, compared to analyst estimates of $132.49 million. Union Bankshares had a trailing twelve-month return on equity of 9.35% and a net margin of 24.34%.
Is Union Bankshares a good dividend stock?: Union Bankshares (NASDAQ:UBSH) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.61%. The dividend payout ratio is 33.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UBSH will have a dividend payout ratio of 29.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UBSH.
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), Salesforce (CRM), PepsiCo (PEP), Pfizer (PFE), QUALCOMM (QCOM), Visa (V), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Citigroup (C) and Costco Wholesale (COST).

This page (NASDAQ:UBSH) was last updated on 4/19/2024 by MarketBeat.com Staff

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Union Bankshares (UBSH) Stock Price, News & Analysis

About Union Bankshares Stock (NASDAQ:UBSH)

UBSH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

UBSH Stock Analysis - Frequently Asked Questions

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