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MORRISVILLE, Vt., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended September 30, 2024 was $1.3 million, or $0.29 per share, compared to $2.5 million, or $0.56 per share, for the same period in 2023, and $5.8 million, or $1.27 per share, for the nine months ended September 30, 2024, compared to $8.2 million, or $1.82 per share for the same period in 2023. The decrease in earnings for the comparison periods was primarily due to the impact of the previously announced strategic balance sheet repo
MORRISVILLE, Vt., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced the completion of a balance sheet repositioning related to its investment securities portfolio. The Company's wholly-owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding available-for-sale debt securities for an estimated after-tax realized loss of approximately $1.0 million, which will be recorded in the third quarter of 2024. Proceeds from the sale of the securities were redeployed into higher yielding bonds and funding loans that on a combined basis are expected to yield approximately 341 basis points more than the securities that we
MORRISVILLE, Vt., July 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2024 was $2.0 million, or $0.45 per share, compared to $2.7 million, or $0.60 per share, for the same period in 2023, and $4.4 million, or $0.98 per share, for the six months ended June 30, 2024, compared to $5.7 million, or $1.26 per share for the same period in 2023. Balance Sheet Total assets were $1.40 billion as of June 30, 2024 compared to $1.33 billion as of June 30, 2023, an increase of $63.7 million, or 4.8%. Loa
Union Bankshares (NASDAQ:UNB) reported quarterly earnings of $0.45 per share. This is a 25 percent decrease over earnings of $0.60 per share from the same period last year.
By the close of today, February 01, 2024, Union Bankshares (NASDAQ:UNB) will issue a dividend payout of $0.36 per share, resulting in an annualized dividend yield of 4.51%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on January 25, 2024. Union Bankshares Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; }
4 - UNION BANKSHARES INC (0000706863) (Issuer)
4 - UNION BANKSHARES INC (0000706863) (Issuer)
4 - UNION BANKSHARES INC (0000706863) (Issuer)
MORRISVILLE, Vt., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended September 30, 2024 was $1.3 million, or $0.29 per share, compared to $2.5 million, or $0.56 per share, for the same period in 2023, and $5.8 million, or $1.27 per share, for the nine months ended September 30, 2024, compared to $8.2 million, or $1.82 per share for the same period in 2023. The decrease in earnings for the comparison periods was primarily due to the impact of the previously announced strategic balance sheet repo
MORRISVILLE, Vt., July 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2024 was $2.0 million, or $0.45 per share, compared to $2.7 million, or $0.60 per share, for the same period in 2023, and $4.4 million, or $0.98 per share, for the six months ended June 30, 2024, compared to $5.7 million, or $1.26 per share for the same period in 2023. Balance Sheet Total assets were $1.40 billion as of June 30, 2024 compared to $1.33 billion as of June 30, 2023, an increase of $63.7 million, or 4.8%. Loa
MORRISVILLE, Vt., April 17, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended March 31, 2024 was $2.4 million, or $0.53 per share, compared to $3.0 million, or $0.66 cents per share, for the same period in 2023, a decrease of $560 thousand, or 18.8%. Balance Sheet Total assets were $1.42 billion as of March 31, 2024 compared to $1.36 billion as of March 31, 2023, an increase of $55.5 million, or 4.1%. Loan growth was the primary driver of asset growth during the first quarter with total loans of $1.04 billion as
4 - UNION BANKSHARES INC (0000706863) (Issuer)
4 - UNION BANKSHARES INC (0000706863) (Issuer)
4/A - UNION BANKSHARES INC (0000706863) (Issuer)
S-8 - UNION BANKSHARES INC (0000706863) (Filer)
S-8 POS - UNION BANKSHARES INC (0000706863) (Filer)
8-K - UNION BANKSHARES INC (0000706863) (Filer)