Quarterly ResultJul 15, 2026, 02:06 PM
Union Bankshares Q2 Net Income $2.9M, EPS $0.61; Dividend $0.36
AI Summary
Union Bankshares, Inc. announced strong financial results for the second quarter and six months ended June 30, 2026. The company reported a consolidated net income of $2.9 million, or $0.61 per share, for Q2 2026, an increase from $2.4 million, or $0.53 per share, in the same period last year. Total assets grew by 5.3% to $1.56 billion, and book value per share increased by 16.7% to $18.28. Additionally, the Board of Directors declared a regular quarterly cash dividend of $0.36 per share.
Key Highlights
- Consolidated net income for Q2 2026 was $2.9 million, up from $2.4 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.61, compared to $0.53 for Q2 2025.
- The Board declared a quarterly cash dividend of $0.36 per share.
- Total assets increased 5.3% to $1.56 billion as of June 30, 2026.
- Book value per share rose 16.7% to $18.28 as of June 30, 2026.
- Net interest income improved by 11.2% to $11.6 million for Q2 2026.
- Noninterest income for Q2 2026 was $3.2 million, including a $380k gain from a branch sale.
Price Impact
More from UNB