Union Bankshares (NASDAQ:UNB - Get Free Report) posted its quarterly earnings results on Wednesday. The bank reported $0.55 EPS for the quarter, Zacks reports. Union Bankshares had a net margin of 11.74% and a return on equity of 13.09%. The firm had revenue of $12.70 million for the quarter.
Union Bankshares Stock Up 1.1 %
NASDAQ:UNB traded up $0.35 during trading hours on Friday, hitting $31.34. The stock had a trading volume of 17,351 shares, compared to its average volume of 7,471. The company has a market cap of $142.25 million, a PE ratio of 16.15 and a beta of 0.58. The business has a 50 day simple moving average of $30.06 and a two-hundred day simple moving average of $30.28. Union Bankshares has a 1-year low of $21.00 and a 1-year high of $37.70. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22.
Union Bankshares Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Saturday, April 26th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 4.59%. The ex-dividend date is Friday, April 25th. Union Bankshares's dividend payout ratio (DPR) is presently 73.47%.
Analyst Ratings Changes
Separately, StockNews.com downgraded Union Bankshares from a "hold" rating to a "sell" rating in a report on Thursday, April 3rd.
View Our Latest Stock Analysis on UNB
About Union Bankshares
(
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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.
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