Union Bankshares (UNB) to Release Earnings on Tuesday

Union Bankshares (NASDAQ:UNB) is scheduled to be announcing its earnings results on Tuesday, January 16th.

Union Bankshares (NASDAQ:UNB) last released its earnings results on Wednesday, October 18th. The bank reported $0.53 earnings per share (EPS) for the quarter. Union Bankshares had a return on equity of 15.28% and a net margin of 23.36%.

Union Bankshares (NASDAQ UNB) opened at $50.45 on Friday. The stock has a market capitalization of $225.13, a PE ratio of 25.35 and a beta of 0.28. Union Bankshares has a 1-year low of $39.55 and a 1-year high of $55.00.

Separately, ValuEngine cut Union Bankshares from a “buy” rating to a “hold” rating in a report on Friday, November 17th.

A hedge fund recently raised its stake in Union Bankshares stock. State Street Corp boosted its position in shares of Union Bankshares, Inc. (NASDAQ:UNB) by 10.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,254 shares of the bank’s stock after purchasing an additional 5,070 shares during the period. State Street Corp owned about 1.22% of Union Bankshares worth $2,583,000 at the end of the most recent reporting period. 14.73% of the stock is owned by institutional investors.

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About Union Bankshares

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.

Earnings History for Union Bankshares (NASDAQ:UNB)

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