Union Bankshares Announces Earnings for the three months ended March 31, 2025 and Declares Quarterly Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Globenewswire
Financial Performance: Union Bankshares, Inc. reported a net income of $2.5 million for Q1 2025, a slight 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 of Directors declared a cash dividend of $0.36 per share for the quarter, payable on May 1, 2025, to shareholders of record as of April 26, 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
