| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
UNB Stock Overview
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.
Rewards
Risk Analysis
No risks detected for UNB from our risk checks.
Union Bankshares Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.85 |
| 52 Week High | US$37.99 |
| 52 Week Low | US$27.39 |
| Beta | 0.81 |
| 1 Month Change | -7.83% |
| 3 Month Change | -7.13% |
| 1 Year Change | -15.89% |
| 3 Year Change | -20.92% |
| 5 Year Change | -27.88% |
| Change since IPO | 232.89% |
Recent News & Updates
Union Bankshares (NASDAQ:UNB) Has Announced That It Will Be Increasing Its Dividend To US$0.35
Union Bankshares, Inc. ( NASDAQ:UNB ) will increase its dividend on the 3rd of February to US$0.35. This will take the...
Shareholder Returns
| UNB | US Banks | US Market | |
|---|---|---|---|
| 7D | -0.5% | -1.5% | -2.7% |
| 1Y | -15.9% | -19.9% | -12.9% |
Return vs Industry: UNB exceeded the US Banks industry which returned -19.9% over the past year.
Return vs Market: UNB underperformed the US Market which returned -12.9% over the past year.
Price Volatility
| UNB volatility | |
|---|---|
| UNB Average Weekly Movement | 3.1% |
| Banks Industry Average Movement | 4.0% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: UNB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UNB's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1891 | 194 | David Silverman | https://www.ublocal.com |
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. The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; small business administration guaranteed loans; home improvement loans and overdraft; and residential construction and mortgage loans.
Union Bankshares Fundamentals Summary
| UNB fundamental statistics | |
|---|---|
| Market Cap | US$129.70m |
| Earnings (TTM) | US$12.78m |
| Revenue (TTM) | US$48.74m |
10.2x
P/E Ratio1.9x
P/B RatioIs UNB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UNB income statement (TTM) | |
|---|---|
| Revenue | US$48.74m |
| Cost of Revenue | US$0 |
| Gross Profit | US$48.74m |
| Other Expenses | US$35.96m |
| Earnings | US$12.78m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.84 |
| Gross Margin | 100.00% |
| Net Profit Margin | 26.21% |
| Debt/Equity Ratio | 23.3% |
How did UNB perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield47%
Payout RatioValuation
Is Union Bankshares undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UNB ($28.85) is trading below our estimate of fair value ($67.96)
Significantly Below Fair Value: UNB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UNB is poor value based on its PE Ratio (10.2x) compared to the US Banks industry average (9.7x).
PE vs Market: UNB is good value based on its PE Ratio (10.2x) compared to the US market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UNB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UNB is overvalued based on its PB Ratio (1.9x) compared to the US Banks industry average (1.1x).
Future Growth
How is Union Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.1%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Union Bankshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Union Bankshares performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNB has high quality earnings.
Growing Profit Margin: UNB's current net profit margins (26.2%) are lower than last year (29%).
Past Earnings Growth Analysis
Earnings Trend: UNB's earnings have grown by 11.6% 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 (-5.3%) over the past year, making it difficult to compare to the Banks industry average (20.9%).
Return on Equity
High ROE: UNB's Return on Equity (18.4%) is considered low.
Financial Health
How is Union Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
6/6Financial Health Score 6/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UNB's Assets to Equity ratio (17.8x) is moderate.
Allowance for Bad Loans: UNB has a sufficient allowance for bad loans (180%).
Low Risk Liabilities: 97% of UNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: UNB has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: UNB's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: UNB has an appropriate level of bad loans (0.6%).
Dividend
What is Union Bankshares's current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNB's dividend (4.85%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: UNB's dividend (4.85%) is in the top 25% of dividend payers in the US market (4.11%)
Stability and Growth of Payments
Stable Dividend: UNB's dividends per share have been stable in the past 10 years.
Growing Dividend: UNB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), UNB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
David Silverman (60 yo)
11.08yrs
Tenure
US$740,688
Compensation
Mr. David Scott Silverman has been Chief Executive Officer of Union Bankshares, Inc., since May 16, 2012 and also serves as President and Chief Executive Officer of its subsidiary Union Bank. Mr. Silverman...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD740.69K) is about average for companies of similar size in the US market ($USD771.12K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: UNB's management team is seasoned and experienced (9 years average tenure).
Board Members
Experienced Board: UNB's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UNB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Union Bankshares, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Union Bankshares, Inc.
- Ticker: UNB
- Exchange: NasdaqGM
- Founded: 1891
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$129.700m
- Shares outstanding: 4.50m
- Website: https://www.ublocal.com
Number of Employees
Location
- Union Bankshares, Inc.
- 20 Lower Main Street
- PO Box 667
- Morrisville
- Vermont
- 05661-0667
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/21 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.