Union Bankshares Second Quarter 2024 Earnings: EPS: US$0.45 (vs US$0.60 in 2Q 2023)

Union Bankshares (NASDAQ:UNB) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$11.7m (down 3.7% from 2Q 2023).
• Net income: US$2.02m (down 25% from 2Q 2023).
• Profit margin: 17% (down from 22% in 2Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: US$0.45 (down from US$0.60 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Union Bankshares shares are up 5.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Union Bankshares' balance sheet health.

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