Union Bankshares, Inc. (NASDAQ:UNB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
- Union Bankshares, Inc. Ex-Dividend Date: The company is going ex-dividend in two days, with the ex-dividend date set before the record date to receive dividends.
- Dividend Details: Union Bankshares will pay US$0.36 per share, with a trailing yield of 5.2% based on the current stock price.
- Dividend Sustainability: The company paid out 58% of its earnings as dividends last year, indicating an affordable dividend.
- Earnings and Dividends Growth: Earnings per share have grown by 9.5% on average over the last five years, and dividends have increased by approximately 3.7% annually for the past decade.
- Investment Recommendation: While there has been growth in earnings per share, it is advised to explore other investment opportunities rather than solely focusing on Union Bankshares.
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Union Bankshares Reports $11.1M Net Income for 2025, Declares $0.36 Quarterly Dividend
- Net Income Growth: Union Bankshares reported a net income of $11.1 million for 2025, a 26.5% increase from $8.8 million in 2024, reflecting the company's robust core business performance and enhancing confidence for future growth.
- Asset Expansion: Total assets reached $1.62 billion as of December 31, 2025, up 5.8% from $1.52 billion in 2024, primarily driven by increases in the securities and loan portfolios, indicating strategic asset allocation decisions.
- Loan and Deposit Stability: Total loans amounted to $1.2 billion in 2025, growing 1.5%, while total deposits reached $1.21 billion, demonstrating the company's stability and customer trust in the market, despite some impact from loan sales on growth.
- Strengthened Shareholder Equity: Book value per share increased by 19.7% to $17.53, partly due to $1.2 million in net proceeds from stock sales under the equity distribution agreement, enhancing the company's capital base and future investment capacity.
Union Bankshares Reports 26.5% Net Income Growth for 2025 and Declares Dividend
- Quarterly Net Income Decline: Union Bank reported a net income of $2.7 million for Q4 2025, or $0.60 per share, down from $3.0 million and $0.67 per share in Q4 2024, primarily due to a $1.4 million increase in noninterest expenses, highlighting challenges in cost management.
- Annual Net Income Growth: For the full year 2025, net income rose to $11.1 million from $8.8 million in 2024, an increase of $2.3 million or 26.5%, reflecting improved profitability post-strategic asset repositioning, despite the prior year's losses from bond sales.
- Asset and Loan Growth: As of December 31, 2025, total assets reached $1.62 billion, a 5.8% increase, with investment securities rising to $328.3 million and total loans at $1.2 billion, indicating robust expansion and optimized asset allocation in the market.
- Strengthened Shareholder Equity: By December 31, 2025, book value per share increased by 19.7% to $17.53, partly due to $1.2 million in net proceeds from stock sales, demonstrating proactive capital management and commitment to shareholder returns.
Union Bankshares Announces Earnings for the three and six months ended June 30, 2025 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $2.4 million for Q2 2025, an increase from $2.0 million in Q2 2024, with total assets growing to $1.48 billion and total loans increasing by 9.8% year-over-year.
Dividend Announcement: The Board of Directors declared a cash dividend of $0.36 per share, payable on August 7, 2025, to shareholders of record as of July 26, 2025.
Union Bankshares Announces Earnings for the three months ended March 31, 2025 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $2.5 million for Q1 2025, an increase from $2.4 million in Q1 2024, with total assets growing to $1.52 billion and strong loan demand contributing to a 12.3% increase in loans.
Dividend Declaration: The Board declared a cash dividend of $0.36 per share, payable on May 1, 2025, to shareholders of record as of April 26, 2025, reflecting the bank's commitment to returning value to its investors.
Union Bankshares Announces Earnings for the three months and year ended December 31, 2024 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $3.0 million for Q4 2024, slightly down from the previous year, with an annual net income of $8.8 million, reflecting a decrease due to strategic balance sheet repositioning and increased expenses.
Balance Sheet Growth: Total assets grew to $1.53 billion as of December 31, 2024, driven by robust loan demand, while total deposits decreased to $1.17 billion, and the company declared a cash dividend of $0.36 per share for the quarter.
Timberland Bancorp And 2 Top US Dividend Stocks For Your Portfolio
Market Overview: U.S. stock markets are experiencing record highs due to strong bank earnings and a positive inflation outlook, leading investors to favor dividend stocks like Timberland Bancorp for stability and income.
Dividend Stock Highlights: Several banks, including Union Bankshares and Dime Community Bancshares, are noted for their reliable dividends and potential for capital appreciation, despite some declines in net income.
Union Bankshares Reports $11.1M Net Income for 2025, Declares $0.36 Quarterly Dividend
- Net Income Growth: Union Bankshares reported a net income of $11.1 million for 2025, a 26.5% increase from $8.8 million in 2024, reflecting the company's robust core business performance and enhancing confidence for future growth.
- Asset Expansion: Total assets reached $1.62 billion as of December 31, 2025, up 5.8% from $1.52 billion in 2024, primarily driven by increases in the securities and loan portfolios, indicating strategic asset allocation decisions.
- Loan and Deposit Stability: Total loans amounted to $1.2 billion in 2025, growing 1.5%, while total deposits reached $1.21 billion, demonstrating the company's stability and customer trust in the market, despite some impact from loan sales on growth.
- Strengthened Shareholder Equity: Book value per share increased by 19.7% to $17.53, partly due to $1.2 million in net proceeds from stock sales under the equity distribution agreement, enhancing the company's capital base and future investment capacity.
Union Bankshares Reports 26.5% Net Income Growth for 2025 and Declares Dividend
- Quarterly Net Income Decline: Union Bank reported a net income of $2.7 million for Q4 2025, or $0.60 per share, down from $3.0 million and $0.67 per share in Q4 2024, primarily due to a $1.4 million increase in noninterest expenses, highlighting challenges in cost management.
- Annual Net Income Growth: For the full year 2025, net income rose to $11.1 million from $8.8 million in 2024, an increase of $2.3 million or 26.5%, reflecting improved profitability post-strategic asset repositioning, despite the prior year's losses from bond sales.
- Asset and Loan Growth: As of December 31, 2025, total assets reached $1.62 billion, a 5.8% increase, with investment securities rising to $328.3 million and total loans at $1.2 billion, indicating robust expansion and optimized asset allocation in the market.
- Strengthened Shareholder Equity: By December 31, 2025, book value per share increased by 19.7% to $17.53, partly due to $1.2 million in net proceeds from stock sales, demonstrating proactive capital management and commitment to shareholder returns.
Union Bankshares Announces Earnings for the three and six months ended June 30, 2025 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $2.4 million for Q2 2025, an increase from $2.0 million in Q2 2024, with total assets growing to $1.48 billion and total loans increasing by 9.8% year-over-year.
Dividend Announcement: The Board of Directors declared a cash dividend of $0.36 per share, payable on August 7, 2025, to shareholders of record as of July 26, 2025.
Union Bankshares Announces Earnings for the three months ended March 31, 2025 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $2.5 million for Q1 2025, an increase from $2.4 million in Q1 2024, with total assets growing to $1.52 billion and strong loan demand contributing to a 12.3% increase in loans.
Dividend Declaration: The Board declared a cash dividend of $0.36 per share, payable on May 1, 2025, to shareholders of record as of April 26, 2025, reflecting the bank's commitment to returning value to its investors.
Union Bankshares Announces Earnings for the three months and year ended December 31, 2024 and Declares Quarterly Dividend
Financial Performance: Union Bankshares, Inc. reported a consolidated net income of $3.0 million for Q4 2024, slightly down from the previous year, with an annual net income of $8.8 million, reflecting a decrease due to strategic balance sheet repositioning and increased expenses.
Balance Sheet Growth: Total assets grew to $1.53 billion as of December 31, 2024, driven by robust loan demand, while total deposits decreased to $1.17 billion, and the company declared a cash dividend of $0.36 per share for the quarter.
Timberland Bancorp And 2 Top US Dividend Stocks For Your Portfolio
Market Overview: U.S. stock markets are experiencing record highs due to strong bank earnings and a positive inflation outlook, leading investors to favor dividend stocks like Timberland Bancorp for stability and income.
Dividend Stock Highlights: Several banks, including Union Bankshares and Dime Community Bancshares, are noted for their reliable dividends and potential for capital appreciation, despite some declines in net income.
