Union Bankshares Past Earnings Performance
Past criteria checks 2/6
Union Bankshares has been growing earnings at an average annual rate of 9.5%, while the Banks industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 6.1% per year. Union Bankshares's return on equity is 17.1%, and it has net margins of 23.3%.
Key information
9.5%
Earnings growth rate
9.3%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.1% |
| Return on equity | 17.1% |
| Net Margin | 23.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Union Bankshares (NASDAQ:UNB) Is Increasing Its Dividend To $0.36
Apr 23
Union Bankshares (NASDAQ:UNB) Is Paying Out A Larger Dividend Than Last Year
Jan 22Union Bankshares GAAP EPS of $0.84, Net interest income of $10.4M
Oct 19Union Bankshares: Attractive Dividend Appears Secure Despite The Chances Of An Earnings Decline
Aug 28Union Bankshares GAAP EPS of $0.65, Net interest income of $9.7M
Jul 20Union Bankshares (NASDAQ:UNB) Has Announced That It Will Be Increasing Its Dividend To US$0.35
Jan 23Shareholders Will Probably Hold Off On Increasing Union Bankshares, Inc.'s (NASDAQ:UNB) CEO Compensation For The Time Being
May 13If You Like EPS Growth Then Check Out Union Bankshares (NASDAQ:UNB) Before It's Too Late
Mar 09Are You An Income Investor? Don't Miss Out On Union Bankshares, Inc. (NASDAQ:UNB)
Feb 02
Union Bankshares' (NASDAQ:UNB) Stock Price Has Reduced 48% In The Past Three Years
Dec 09Revenue & Expenses BreakdownBeta
How Union Bankshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 48 | 11 | 26 | 0 |
| 30 Sep 23 | 49 | 12 | 26 | 0 |
| 30 Jun 23 | 50 | 13 | 26 | 0 |
| 31 Mar 23 | 49 | 13 | 26 | 0 |
| 31 Dec 22 | 49 | 13 | 25 | 0 |
| 30 Sep 22 | 49 | 13 | 25 | 0 |
| 30 Jun 22 | 49 | 13 | 26 | 0 |
| 31 Mar 22 | 49 | 13 | 26 | 0 |
| 31 Dec 21 | 49 | 13 | 25 | 0 |
| 30 Sep 21 | 49 | 14 | 25 | 0 |
| 30 Jun 21 | 48 | 14 | 24 | 0 |
| 31 Mar 21 | 47 | 13 | 23 | 0 |
| 31 Dec 20 | 45 | 13 | 23 | 0 |
| 30 Sep 20 | 43 | 12 | 22 | 0 |
| 30 Jun 20 | 41 | 10 | 22 | 0 |
| 31 Mar 20 | 40 | 10 | 21 | 0 |
| 31 Dec 19 | 40 | 11 | 21 | 0 |
| 30 Sep 19 | 39 | 7 | 24 | 0 |
| 30 Jun 19 | 38 | 7 | 24 | 0 |
| 31 Mar 19 | 38 | 7 | 23 | 0 |
| 31 Dec 18 | 37 | 7 | 23 | 0 |
| 30 Sep 18 | 37 | 9 | 19 | 0 |
| 30 Jun 18 | 37 | 9 | 19 | 0 |
| 31 Mar 18 | 37 | 9 | 18 | 0 |
| 31 Dec 17 | 36 | 8 | 18 | 0 |
| 30 Sep 17 | 36 | 9 | 18 | 0 |
| 30 Jun 17 | 35 | 9 | 18 | 0 |
| 31 Mar 17 | 35 | 9 | 18 | 0 |
| 31 Dec 16 | 35 | 9 | 18 | 0 |
| 30 Sep 16 | 34 | 8 | 17 | 0 |
| 30 Jun 16 | 33 | 8 | 17 | 0 |
| 31 Mar 16 | 33 | 8 | 16 | 0 |
| 31 Dec 15 | 32 | 8 | 16 | 0 |
| 30 Sep 15 | 32 | 8 | 16 | 0 |
| 30 Jun 15 | 32 | 8 | 15 | 0 |
| 31 Mar 15 | 32 | 8 | 15 | 0 |
| 31 Dec 14 | 31 | 8 | 15 | 0 |
| 30 Sep 14 | 31 | 7 | 15 | 0 |
| 30 Jun 14 | 30 | 7 | 15 | 0 |
| 31 Mar 14 | 30 | 7 | 15 | 0 |
| 31 Dec 13 | 30 | 7 | 15 | 0 |
| 30 Sep 13 | 31 | 8 | 15 | 0 |
| 30 Jun 13 | 32 | 8 | 15 | 0 |
Quality Earnings: UNB has high quality earnings.
Growing Profit Margin: UNB's current net profit margins (23.3%) are lower than last year (25.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UNB's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: UNB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UNB had negative earnings growth (-10.8%) over the past year, making it difficult to compare to the Banks industry average (-8.9%).
Return on Equity
High ROE: UNB's Return on Equity (17.1%) is considered low.