Union Bankshares, Inc. is a one-bank holding company whose subsidiary is Union Bank (Union or the Bank). The Company's business is that of a community bank in the financial services industry. The Company operates through Union Bank segment, which provides retail, commercial, municipal banking, and asset management and trust services throughout its approximately 20 banking offices, over two loan centers, and a range of automated teller machines (ATMs) covering northern Vermont and New Hampshire. Union's services are provided through the telephone, mobile devices and through its Website, www.ublocal.com. The Bank provides retail banking services to individuals and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities and school districts within its market area. The Company also offers fiduciary and asset management services through its Asset Management Group.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:UNB
- CUSIP: N/A
- Web: www.ublocal.com
Capitalization:- Market Cap: $211.95 million
- Outstanding Shares: 4,462,000
Average Prices:- 50 Day Moving Avg: $43.02
- 200 Day Moving Avg: $43.08
- 52 Week Range: $32.55 - $50.15
P/E:- Trailing P/E Ratio: 24.16
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $35.41 million
- Price / Sales: 5.99
- Book Value: $13.10 per share
- Price / Book: 3.63
Dividend:- Annual Dividend: $1.16
- Dividend Yield: 2.5%
Profitability:- Net Margins: 23.28%
- Return on Equity: 15.30%
- Return on Assets: 1.29%
Debt:- Current Ratio: 0.93%
- Quick Ratio: 0.92%
Misc:- Average Volume: 3,373 shs.
- Beta: 0.3
- Short Ratio: 61.2
Frequently Asked Questions for Union Bankshares (NASDAQ:UNB)
What is Union Bankshares' stock symbol?
Union Bankshares trades on the NASDAQ under the ticker symbol "UNB."
How often does Union Bankshares pay dividends? What is the dividend yield for Union Bankshares?
Union Bankshares announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Friday, July 28th will be given a dividend of $0.29 per share on Wednesday, August 9th. This represents a $1.16 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Wednesday, July 26th. View Union Bankshares' Dividend History.
How were Union Bankshares' earnings last quarter?
Union Bankshares, Inc. (NASDAQ:UNB) issued its quarterly earnings results on Wednesday, July, 19th. The company reported $0.50 EPS for the quarter. Union Bankshares had a return on equity of 15.30% and a net margin of 23.28%. View Union Bankshares' Earnings History.
When will Union Bankshares make its next earnings announcement?
Where is Union Bankshares' stock going? Where will Union Bankshares' stock price be in 2017?
2 brokers have issued 1-year target prices for Union Bankshares' shares. Their predictions range from $30.00 to $30.00. On average, they expect Union Bankshares' share price to reach $30.00 in the next year. View Analyst Ratings for Union Bankshares.
Who are some of Union Bankshares' key competitors?
Some companies that are related to Union Bankshares include Enterprise Bancorp (EBTC), OFG Bancorp (OFG), Equity Bancshares (EQBK), Veritex Holdings (VBTX), Farmers National Banc Corp. (FMNB), CNB Financial Corporation (CCNE), Bear State Financial (BSF), Capital City Bank Group (CCBG), Marlin Business Services Corp. (MRLN), Sierra Bancorp (BSRR), Old Line Bancshares (OLBK), American National Bankshares (AMNB), Farmers & Merchants Bancorp (FMAO), Secure Trust Bank Plc (STB), Home Bancorp (HBCP), Farmers Capital Bank Corporation (FFKT), Territorial Bancorp (TBNK) and Paragon Commercial Corporation (PBNC).
Who are Union Bankshares' key executives?
Union Bankshares' management team includes the folowing people:
- Kenneth D. Gibbons, Chairman of the Board of the company and bank
- David S. Silverman, President, Chief Executive Officer of the company and bank, Director
- Karyn J. Hale, Chief Financial Officer, Vice President, Treasurer
- Jeffrey G. Coslett, Vice President
- John H. Steel, Secretary, Independent Director
- Steven J. Bourgeois, Independent Director
- John M. Goodrich, Independent Director
- Timothy Willis Sargent, Independent Director
- Schuyler Wallace Sweet, Independent Director
- Cornelius J. Van Dyke, Independent Director
Who owns Union Bankshares stock?
Union Bankshares' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.64%), Spears Abacus Advisors LLC (1.33%), State Street Corp (1.22%), Northern Trust Corp (0.99%), Dimensional Fund Advisors LP (0.64%) and Cardinal Capital Management (0.39%). Company insiders that own Union Bankshares stock include David Scott Silverman, John M Goodrich and Schuyler Wallace Sweet. View Institutional Ownership Trends for Union Bankshares.
Who sold Union Bankshares stock? Who is selling Union Bankshares stock?
Union Bankshares' stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Spears Abacus Advisors LLC, California State Teachers Retirement System, Bank of New York Mellon Corp and New York State Common Retirement Fund. View Insider Buying and Selling for Union Bankshares.
Who bought Union Bankshares stock? Who is buying Union Bankshares stock?
Union Bankshares' stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, Northern Trust Corp, Cardinal Capital Management and Teachers Advisors LLC. Company insiders that have bought Union Bankshares stock in the last two years include David Scott Silverman and John M Goodrich. View Insider Buying and Selling for Union Bankshares.
How do I buy Union Bankshares stock?
Shares of Union Bankshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Union Bankshares' stock price today?
One share of Union Bankshares stock can currently be purchased for approximately $47.50.
MarketBeat Community Rating for Union Bankshares (NASDAQ UNB)MarketBeat's community ratings are surveys of what our community members think about Union Bankshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Union Bankshares (NASDAQ:UNB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating |
| Consensus Rating: | Hold (Score: 1.50) |
| Consensus Price Target: | $30.00 (36.84% downside) |
Analysts' Ratings History for Union Bankshares (NASDAQ:UNB)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/30/2016 | Brean Capital | Initiated Coverage | Hold | | N/A |  |
| 11/19/2016 | Compass Point | Downgrade | Sell | $30.00 | N/A | |
| 3/28/2016 | Raymond James Financial, Inc. | Upgrade | Buy | | N/A | |
| 1/9/2016 | Stephens | Initiated Coverage | Buy | | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for Union Bankshares (NASDAQ:UNB)Earnings History by Quarter for Union Bankshares (NASDAQ UNB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/17/2017 | | | | | | | N/A | |
| 7/19/2017 | Q2 2017 | | $0.50 | | | View | N/A | |
| 4/19/2017 | Q1 2017 | | $0.43 | | $8.53 million | View | N/A | |
| 10/19/2016 | Q3 | | $0.51 | | | View | N/A | |
| 7/20/2016 | Q2 | | $0.48 | | | View | N/A | |
| 4/20/2016 | Q1 | | $0.39 | | | View | N/A | |
| 1/19/2016 | Q4 | | $0.44 | | | View | N/A | |
| 7/15/2015 | Q2 | | $0.49 | | | View | N/A | |
| 4/15/2015 | Q115 | | $0.42 | | | View | N/A | |
| 1/21/2015 | Q414 | | $0.43 | | | View | N/A | |
| 10/15/2014 | Q3 | | $0.47 | | | View | N/A | |
| 7/17/2014 | Q214 | | $0.43 | | | View | N/A | |
| 4/16/2014 | Q114 | | $0.40 | | | View | N/A | |
| 1/15/2014 | Q4 | | $0.34 | | | View | N/A | |
| 10/16/2013 | Q3 13 | | $0.47 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Union Bankshares (NASDAQ:UNB)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Union Bankshares (NASDAQ:UNB)| Most Recent Dividend: | 8/9/2017 |
| Annual Dividend: | $1.16 |
| Dividend Yield: | 2.44% |
| Payout Ratio: | 58.88% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Union Bankshares (NASDAQ UNB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/19/2017 | quarterly | $0.29 | 2.61% | 7/26/2017 | 7/28/2017 | 8/9/2017 |
| 4/19/2017 | quarterly | $0.29 | 2.72% | 4/26/2017 | 4/29/2017 | 5/10/2017 |
| 1/18/2017 | quarterly | $0.29 | 2.88% | 1/25/2017 | 1/28/2017 | 2/8/2017 |
| 10/19/2016 | quarterly | $0.28 | 3.35% | 10/26/2016 | 10/29/2016 | 11/8/2016 |
| 7/20/2016 | quarterly | $0.28 | 3.25% | 7/27/2016 | 7/30/2016 | 8/9/2016 |
| 4/20/2016 | quarterly | $0.28 | 3.91% | 4/27/2016 | 4/30/2016 | 5/10/2016 |
| 1/20/2016 | quarterly | $0.27 | 3.99% | 1/27/2016 | 1/30/2016 | 2/9/2016 |
| 10/21/2015 | quarterly | $0.27 | 4.01% | 10/28/2015 | 10/31/2015 | 11/9/2015 |
| 7/16/2015 | quarterly | $0.27 | 4.19% | 7/23/2015 | 7/27/2015 | 8/6/2015 |
| 4/16/2015 | quarterly | $0.27 | 4.24% | 4/23/2015 | 4/27/2015 | 5/7/2015 |
| 1/21/2015 | quarterly | $0.27 | 4.51% | 1/28/2015 | 1/31/2015 | 2/9/2015 |
| 10/15/2014 | quarterly | $0.26 | 4.44% | 10/22/2014 | 10/25/2014 | 11/6/2014 |
| 7/17/2014 | quarterly | $0.26 | 4.11% | 7/23/2014 | 7/26/2014 | 8/7/2014 |
| 4/16/2014 | quarterly | $0.26 | 4.41% | 4/23/2014 | 4/26/2014 | 5/8/2014 |
| 1/15/2014 | quarterly | $0.26 | 4.22% | 1/22/2014 | 1/25/2014 | 2/6/2014 |
| 10/16/2013 | quarterly | $0.26 | 4.86% | 10/23/2013 | 10/26/2013 | 11/7/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Union Bankshares (NASDAQ:UNB)Insider Ownership Percentage: 2.23%
Institutional Ownership Percentage: 14.26%
Insider Trades by Quarter for Union Bankshares (NASDAQ:UNB)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/22/2017 | Schuyler Wallace Sweet | Director | Sell | 500 | $47.05 | $23,525.00 | |
| 11/21/2016 | Schuyler Wallace Sweet | Director | Sell | 1,000 | $40.04 | $40,040.00 | |
| 6/28/2016 | Schuyler Wallace Sweet | Director | Sell | 2,000 | $34.67 | $69,340.00 | |
| 1/26/2016 | John M Goodrich | Director | Buy | 500 | $27.25 | $13,625.00 | |
| 9/28/2015 | David Scott Silverman | CEO | Buy | 84 | $26.25 | $2,205.00 | |
| 12/23/2014 | David Scott Silverman | CEO | Buy | 140 | $24.00 | $3,360.00 | |
| 9/10/2013 | John H Steel | Insider | Buy | 1,000 | $21.01 | $21,010.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Union Bankshares (NASDAQ:UNB)
Latest Headlines for Union Bankshares (NASDAQ:UNB)
| Source: |
|
| Date | Headline |
|---|
 | Union Bankshares, Inc. (Vermont) :UNB-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 29 at 9:13 AM |
| Union Bankshares, Inc. (Vermont) : UNB-US: Dividend Analysis : July 28th, 2017 (record date) : By the numbers : August 28, 2017
finance.yahoo.com - August 29 at 9:13 AM |
 | Update: Commerce Union Bancshares Fall 6% Off Halt - to Acquire Community First Inc For $59 Mln
www.nasdaq.com - August 23 at 1:19 PM |
 | Union Bankshares, Inc. Announces Quarterly Dividend of $0.29 (UNB)
www.americanbankingnews.com - July 21 at 10:30 AM |
| Union Bankshares, Inc. (UNB) Posts Quarterly Earnings Results
www.americanbankingnews.com - July 20 at 10:35 AM |
| Union Bankshares Announces Second Quarter Ended June 30, 2017 Earnings and Quarterly Dividend Payment
finance.yahoo.com - July 20 at 9:21 AM |
| MIDEAST STOCKS-Dubai rises above chart barrier, ex-dividend bank pulls down Saudi
finance.yahoo.com - July 18 at 9:29 AM |
| ETFs with exposure to Union Bankshares, Inc. (Vermont) : July 12, 2017
finance.yahoo.com - July 13 at 10:59 AM |
| MIDEAST STOCKS- Gulf markets up on Fed hopes; Qatar index at highest since sanctions
finance.yahoo.com - July 13 at 10:59 AM |
| MIDEAST STOCKS-Banking shares lead Middle East higher ahead of Fed testimony
finance.yahoo.com - July 12 at 8:47 AM |
| MIDEAST STOCKS-Banking shares boost Gulf a day ahead of Fed testimony
finance.yahoo.com - July 11 at 9:04 AM |
| MIDEAST STOCKS-Qatar falls as diplomatic deadline looms, Saudi rally stalls
finance.yahoo.com - July 2 at 8:13 AM |
| MIDEAST STOCKS-Banking shares fall, bucking global trend in UAE, Kuwait
finance.yahoo.com - June 29 at 3:57 PM |
| Union Bankshares, Inc. (UNB) Director Schuyler Wallace Sweet Sells 500 Shares
www.americanbankingnews.com - June 23 at 1:35 PM |
| Union Bankshares, Inc. (UNB) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 20 at 11:06 PM |
| ETFs with exposure to Union Bankshares, Inc. (Vermont) : June 13, 2017
finance.yahoo.com - June 14 at 1:08 AM |
| Union Bankshares, Inc. (Vermont) :UNB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017
finance.yahoo.com - May 31 at 11:43 AM |
| Union Bankshares (UNB) Given Media Sentiment Rating of 0.18
www.americanbankingnews.com - May 1 at 1:13 PM |
| Union Bankshares, Inc. (Vermont) : UNB-US: Dividend Analysis : April 29th, 2017 (record date) : By the numbers : April 26, 2017
finance.yahoo.com - April 26 at 4:58 PM |
 | Union Bankshares About To Put More Money In Your Pocket (UNB)
www.thestreet.com - April 25 at 8:59 AM |
| Union Bankshares, Inc. Plans Quarterly Dividend of $0.29 (UNB)
www.americanbankingnews.com - April 21 at 3:16 PM |
| Union Bankshares, Inc. (UNB) Issues Quarterly Earnings Results
www.americanbankingnews.com - April 20 at 12:53 PM |
 | Union Bankshares posts 1Q profit
marketbeat.com - April 19 at 4:49 PM |
| Union Bankshares Announces First Quarter Ended March 31, 2017 Earnings and Quarterly Dividend Payment
finance.yahoo.com - April 19 at 3:43 PM |
| Union Bankshares (UNB) Receives Media Sentiment Rating of 0.50
www.americanbankingnews.com - April 16 at 8:32 AM |
| ETFs with exposure to Union Bankshares, Inc. (Vermont) : April 13, 2017
finance.yahoo.com - April 13 at 3:29 PM |
| MIDEAST STOCKS-Dubai outperforms in mostly quiet market; Bank Doha extends slide
finance.yahoo.com - March 9 at 3:49 AM |
 | Why Seattle City Council just voted to pull $3 billion from Wells Fargo
www.bizjournals.com - February 9 at 6:25 AM |
| Union Bankshares, Inc. (UNB) Ex-Dividend Date Scheduled for January
www.nasdaq.com - January 26 at 2:15 AM |
| Union Bankshares Announces Fourth Quarter Ended December 31, 2016 Earnings and Quarterly Dividend Payment
finance.yahoo.com - January 19 at 6:32 AM |
 | Union Bankshares Added to Russell 2000 Index
www.globenewswire.com - June 24 at 8:01 PM |
 | Top 10 Checking Accounts for Minors/Teens (COF, WFC)
www.investopedia.com - June 9 at 11:08 AM |
| UNION BANKSHARES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - May 27 at 4:47 PM |
| UNION BANKSHARES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 19 at 2:29 PM |
| UNION BANKSHARES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 4:52 PM |
Union Bankshares (UNB) Chart for Sunday, September, 24, 2017
