How have UNB shares performed in 2024?

Union Bankshares' stock was trading at $30.65 on January 1st, 2024. Since then, UNB shares have decreased by 11.8% and is now trading at $27.02. View the best growth stocks for 2024 here .

Are investors shorting Union Bankshares?

Union Bankshares saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,900 shares, an increase of 148.5% from the March 15th total of 6,800 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is presently 4.6 days. Approximately 0.5% of the shares of the stock are sold short. View Union Bankshares' Short Interest .

How were Union Bankshares' earnings last quarter?

Union Bankshares, Inc. (NASDAQ:UNB) posted its quarterly earnings data on Wednesday, April, 15th. The bank reported $0.49 earnings per share (EPS) for the quarter. Union Bankshares had a net margin of 16.74% and a trailing twelve-month return on equity of 19.09%.

How often does Union Bankshares pay dividends? What is the dividend yield for Union Bankshares?

Union Bankshares declared a quarterly dividend on Wednesday, January 17th. Investors of record on Saturday, January 27th will be paid a dividend of $0.36 per share on Thursday, February 1st. This represents a $1.44 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend is Thursday, January 25th. Read our dividend analysis for UNB .

Is Union Bankshares a good dividend stock?

Union Bankshares (NASDAQ:UNB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 5.20%. UNB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 57.60%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for UNB .

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 AT&T (T) , Verizon Communications (VZ) , Southern (SO) , Energy Transfer (ET) , Harley-Davidson (HOG) , Altria Group (MO) , Realty Income (O) , Pfizer (PFE) , Teekay LNG Partners (TGP) and Universal (UVV) .

Who are Union Bankshares' major shareholders?

Union Bankshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Cardinal Capital Management (1.22%). Insiders that own company stock include David Scott Silverman , Dawn D Bugbee, Dyke Cornelius John Van, Janet P Spitler , Mary K Parent, Nancy C Putnam and Patricia N Hogan. View institutional ownership trends .

How do I buy shares of Union Bankshares?

Shares of UNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:UNB

Union Bankshares (UNB) Stock Price, News & Analysis

→ This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad)

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$27.02

+0.01 (+0.04%)

(As of 04/17/2024 ET)

Compare

Today's Range: $26.87
▼
$27.03
50-Day Range: $27.01
▼
$31.20
52-Week Range: $20.07
▼
$32.00

Volume: 4,751 shs
Average Volume: 3,988 shs
Market Capitalization: $122.13 million

P/E Ratio: 10.81
Dividend Yield: 5.33%
Price Target: N/A

Get Union Bankshares alerts:

Union Bankshares MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.45% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.31
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$3,323 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.59 out of 5 stars

Finance Sector

693rd out of 819 stocks

State Commercial Banks Industry

158th out of 171 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Union Bankshares.

2.0

Short Interest

Percentage of Shares Shorted
0.45% of the float of Union Bankshares has been sold short.
Short Interest Ratio / Days to Cover
Union Bankshares has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Union Bankshares has recently increased by 148.53%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Union Bankshares is a leading dividend payer. It pays a dividend yield of 5.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Union Bankshares has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Union Bankshares is 57.60%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UNB.

2.4

News and Social Media Coverage

News Sentiment
Union Bankshares has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Union Bankshares this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Union Bankshares to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Union Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,323.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.09% of the stock of Union Bankshares is held by insiders.
Percentage Held by Institutions
Only 14.84% of the stock of Union Bankshares is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Union Bankshares is 10.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Union Bankshares is 10.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.80.
Price to Book Value per Share Ratio
Union Bankshares has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Union Bankshares Stock (NASDAQ:UNB)

Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; small business administration guaranteed loans; home improvement loans and overdraft; and residential construction and mortgage loans. In addition, it offers online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services for the deposit and immediate credit of sales drafts; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; telephone, Internet, and mobile banking services; and asset management, fiduciary, and trust services. The company offers 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. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

UNB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UNB Stock News Headlines

April 17, 2024 | globenewswire.com

Union Bankshares Announces Earnings for the three months ended March 31, 2024 and Declares Quarterly Dividend

April 13, 2024 | americanbankingnews.com

Union Bankshares (NASDAQ:UNB) Coverage Initiated by Analysts at StockNews.com

April 18, 2024 | Insiders Exposed (Ad)

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April 2, 2024 | finance.yahoo.com

Union Bankshares Full Year 2023 Earnings: EPS: US$2.50 (vs US$2.81 in FY 2022)

February 1, 2024 | benzinga.com

Supporting Shareholders through Changes: Union Bankshares Ensures Stable Distribution amidst Decreased Profits

January 29, 2024 | finance.yahoo.com

Union Bank Selects Baker Hill NextGen® Consumer Loan Origination and TruStage™ Compliance Doc Prep

January 17, 2024 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and year ended December 31, 2023 and Declares Quarterly Dividend

January 11, 2024 | forbes.com

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April 18, 2024 | Insiders Exposed (Ad)

The Hard Truth About Investing For Retirement

December 7, 2023 | tmcnet.com

Atlantic Union Bank Comments on Settlement with the Consumer Financial Protection Bureau

December 7, 2023 | msn.com

Atlantic Union Bank fined $6.2 million by CFPB for illegal overdraft fee harvesting

October 19, 2023 | msn.com

Union Bankshares GAAP EPS of $0.56, revenue of $16.3M

October 19, 2023 | msn.com

Atlantic Union Bank Non-GAAP EPS of $0.80 beats by $0.06, revenue of $182.78M beats by $1.66M

October 18, 2023 | msn.com

Union Bankshares declares $0.36 dividend

October 18, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2023 and Declares Quarterly Dividend

October 18, 2023 | finance.yahoo.com

Union Bankshares Inc (UNB) Reports Q3 2023 Earnings and Declares Quarterly Dividend Amidst ...

October 12, 2023 | finance.yahoo.com

Union Bankshares (NASDAQ:UNB) investors are sitting on a loss of 33% if they invested five years ago

September 16, 2023 | finance.yahoo.com

Insider Buying: Union Bankshares Inc President & CEO David Silverman Acquires 500 Shares

August 30, 2023 | investopedia.com

Navy Federal Personal Loans Review 2023

August 3, 2023 | benzinga.com

Achieving Growth and Investor Rewards: Union Bankshares Flourishes with Strong Performance and Rising Profits

July 23, 2023 | finance.yahoo.com

Here's What We Like About Union Bankshares' (NASDAQ:UNB) Upcoming Dividend

July 19, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and six months ended June 30, 2023 and Declares Quarterly Dividend

June 15, 2023 | bizjournals.com

Atlantic Union Bank laying off 4% of staff as revenue growth slows

May 15, 2023 | msn.com

Union Bankshares: Highly Profitable Regional Bank With Attractive Dividend Yield

April 23, 2023 | finance.yahoo.com

Union Bankshares, Inc. (NASDAQ:UNB) Passed Our Checks, And It's About To Pay A US$0.36 Dividend

April 21, 2023 | msn.com

Union Bankshares (UNB) Declares $0.36 Dividend

April 19, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months ended March 31, 2023 and Declares Quarterly Dividend

See More Headlines

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Company Calendar

Last Earnings: 4/15/2020
Ex-Dividend for 2/1 Dividend: 1/25/2024
Dividend Payable: 2/01/2024
Today: 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:UNB
CUSIP: N/A
CIK: 706863
Web: www.ublocal.com
Phone: (802) 888-6600
Fax: 1-800-522-2950
Employees: 188
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.50
Trailing P/E Ratio: 10.81
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $11.26 million
Net Margins: 16.74%
Pretax Margin: 19.22%
Return on Equity: 19.09%
Return on Assets: 0.81%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 0.81
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $67.01 million
Price / Sales: 1.82
Cash Flow: $2.92 per share
Price / Cash Flow: 9.25
Book Value: $14.60 per share
Price / Book: 1.85

Miscellaneous

Outstanding Shares: 4,520,000
Free Float: 4,470,000
Market Cap: $122.13 million
Optionable: Not Optionable
Beta: 0.86

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Key Executives

Mr. David Scott Silverman (Age 63)
President, CEO & Director
Comp: $679.76k
Mr. Timothy Willis Sargent (Age 48)
Independent Vice Chairman & Secretary
Comp: $48.97k
Ms. Karyn J. Hale (Age 54)
VP, Treasurer & CFO
Comp: $318.54k
Ms. Kristy Adams Alfieri
Assistant Secretary
Ms. Patricia N. Hogan
Senior VP & Senior Risk Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UNB Stock Analysis - Frequently Asked Questions

How have UNB shares performed in 2024?: Union Bankshares' stock was trading at $30.65 on January 1st, 2024. Since then, UNB shares have decreased by 11.8% and is now trading at $27.02.
View the best growth stocks for 2024 here.
Are investors shorting Union Bankshares?: Union Bankshares saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,900 shares, an increase of 148.5% from the March 15th total of 6,800 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is presently 4.6 days. Approximately 0.5% of the shares of the stock are sold short.
View Union Bankshares' Short Interest.
How were Union Bankshares' earnings last quarter?: Union Bankshares, Inc. (NASDAQ:UNB) posted its quarterly earnings data on Wednesday, April, 15th. The bank reported $0.49 earnings per share (EPS) for the quarter. Union Bankshares had a net margin of 16.74% and a trailing twelve-month return on equity of 19.09%.
How often does Union Bankshares pay dividends? What is the dividend yield for Union Bankshares?: Union Bankshares declared a quarterly dividend on Wednesday, January 17th. Investors of record on Saturday, January 27th will be paid a dividend of $0.36 per share on Thursday, February 1st. This represents a $1.44 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend is Thursday, January 25th.
Read our dividend analysis for UNB.

Is Union Bankshares a good dividend stock?: Union Bankshares (NASDAQ:UNB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 5.20%. UNB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 57.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for UNB.
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 AT&T (T), Verizon Communications (VZ), Southern (SO), Energy Transfer (ET), Harley-Davidson (HOG), Altria Group (MO), Realty Income (O), Pfizer (PFE), Teekay LNG Partners (TGP) and Universal (UVV).
Who are Union Bankshares' major shareholders?: Union Bankshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Cardinal Capital Management (1.22%). Insiders that own company stock include David Scott Silverman, Dawn D Bugbee, Dyke Cornelius John Van, Janet P Spitler, Mary K Parent, Nancy C Putnam and Patricia N Hogan.
View institutional ownership trends.
How do I buy shares of Union Bankshares?: Shares of UNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UNB) was last updated on 4/18/2024 by MarketBeat.com Staff

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