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.
No risks detected for UNB from our risk checks.
Union Bankshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.17|
|52 Week High||US$37.99|
|52 Week Low||US$24.82|
|1 Month Change||1.27%|
|3 Month Change||-8.36%|
|1 Year Change||-19.23%|
|3 Year Change||-8.67%|
|5 Year Change||-35.92%|
|Change since IPO||213.50%|
Recent News & Updates
Union Bankshares GAAP EPS of $0.65, Net interest income of $9.7M
Union Bankshares press release (NASDAQ:UNB): Q2 GAAP EPS of $0.65. Net interest income of $9.7M (+9.0% Y/Y).
|UNB||US Banks||US Market|
Return vs Industry: UNB underperformed the US Banks industry which returned -14.1% over the past year.
Return vs Market: UNB underperformed the US Market which returned -12.8% over the past year.
|UNB Average Weekly Movement||4.8%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: UNB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: UNB's weekly volatility (5%) has been stable over the past year.
About the Company
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|
Is UNB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UNB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.83|
|Net Profit Margin||26.15%|
How did UNB perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is UNB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for UNB?
Other financial metrics that can be useful for relative valuation.
|What is UNB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does UNB's PE Ratio compare to its peers?
|UNB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FUNC First United
CPKF Chesapeake Financial Shares
CWBC Community West Bancshares
UNB Union Bankshares
Price-To-Earnings vs Peers: UNB is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (8.1x).
Price to Earnings Ratio vs Industry
How does UNB's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: UNB is good value based on its Price-To-Earnings Ratio (9.6x) compared to the US Banks industry average (9.8x)
Price to Earnings Ratio vs Fair Ratio
What is UNB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate UNB's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of UNB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: UNB ($27.17) is trading below our estimate of fair value ($74.09)
Significantly Below Fair Value: UNB is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Union Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- Examine whether Union Bankshares is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Union Bankshares performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNB has high quality earnings.
Growing Profit Margin: UNB's current net profit margins (26.1%) are lower than last year (28.6%).
Past Earnings Growth Analysis
Earnings Trend: UNB's earnings have grown by 11.8% 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 (-7.9%) over the past year, making it difficult to compare to the Banks industry average (9.2%).
Return on Equity
High ROE: UNB's Return on Equity (21.2%) is considered high.
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How is Union Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: UNB's Assets to Equity ratio (19.9x) 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 (68%).
Low Risk Deposits: UNB's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: UNB has an appropriate level of bad loans (0.6%).
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What is Union Bankshares's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNB's dividend (5.15%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: UNB's dividend (5.15%) is in the top 25% of dividend payers in the US market (4.09%)
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 low payout ratio (23.4%), 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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Silverman (61 yo)
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 ($USD767.72K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: UNB's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: UNB's board of directors are considered experienced (5.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Union Bankshares, Inc.'s employee growth, exchange listings and data sources
- Name: Union Bankshares, Inc.
- Ticker: UNB
- Exchange: NasdaqGM
- Founded: 1891
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$122.147m
- Shares outstanding: 4.50m
- Website: https://www.ublocal.com
Number of Employees
- Union Bankshares, Inc.
- 20 Lower Main Street
- PO Box 667
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/06 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.