Union Bankshares Inc (UNB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Union Bankshares reported revenue of $54.5M, up 13.3% from $48.1M the year before. Net income was $11.1M (a 20.3% net margin), or $2.41 per diluted share. Net interest income was $43.0M, and the efficiency ratio (noninterest expense / revenue) was 76.5%. Operating activities generated $17.2M of cash, leaving $16.0M of free cash flow. At fiscal year end, Union Bankshares held $1.62B in total assets against $1.54B in total liabilities.
Open the full interactive Union Bankshares financials → Quarterly statements, key ratios, valuation history and price charts.
Union Bankshares Key Stats
| Share Price | $23.03 |
|---|---|
| Market Cap | $111.3M |
| P/E Ratio | 9.6 |
| Revenue YoY Growth | +13.3% |
| 52-Week Range | $20.58 – $25.82 |
| Shares Outstanding | 4.8 million (basic, 2026 Q2) |
Union Bankshares Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $31.6M | $35.7M | $39.4M | $37.8M | $38.4M | $43.0M |
| Provision for Credit Losses | $2.2M | $0 | $0 | -$499,000 | $930,000 | $774,000 |
| Noninterest Income | $16.0M | $13.0M | $9.0M | $9.9M | $9.7M | $11.5M |
| Noninterest Expense | $30.2M | $32.9M | $33.2M | $35.4M | $38.0M | $41.7M |
| Revenue | $47.6M | $48.7M | $48.4M | $47.7M | $48.1M | $54.5M |
| Pre-Tax Income | $15.2M | $15.8M | $15.2M | $12.9M | $9.1M | $12.0M |
| Income Tax | $2.4M | $2.6M | $2.6M | $1.6M | $369,000 | $928,000 |
| Net Income | $12.8M | $13.2M | $12.6M | $11.3M | $8.8M | $11.1M |
| Diluted EPS | $2.85 | $2.92 | $2.79 | $2.48 | $1.92 | $2.41 |
Union Bankshares Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $14.5M | $14.1M | $13.8M | $14.9M |
| Net Income | $3.4M | $2.7M | $3.0M | $2.9M |
| Diluted EPS | $0.75 | $0.60 | $0.65 | $0.60 |
Union Bankshares Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | — | $779.4M | $951.2M | $1.02B | $1.15B | $1.17B |
| Total Assets | $1.09B | $1.21B | $1.34B | $1.47B | $1.53B | $1.62B |
| Deposits | $994.3M | $1.10B | $1.20B | $1.31B | $1.17B | $1.21B |
| Total Long-Term Debt | $7.2M | $16.2M | $66.2M | $71.9M | $276.0M | $302.8M |
| Total Liabilities | $1.01B | $1.12B | $1.28B | $1.40B | $1.46B | $1.54B |
| Shareholders' Equity | $80.9M | $84.3M | $55.2M | $65.8M | $66.5M | $80.9M |
Union Bankshares Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$7.1M | $29.2M | $29.0M | $9.2M | $12.2M | $17.2M |
| Cash From Investing | -$125.9M | -$190.0M | -$207.6M | -$82.3M | -$124.8M | -$88.3M |
| Cash From Financing | $204.6M | $104.0M | $150.5M | $112.8M | $50.8M | $67.6M |
| Free Cash Flow | -$8.1M | $25.7M | $28.4M | $7.2M | $11.1M | $16.0M |
Figures from Union Bankshares' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Union Bankshares financials page for every line item.
Union Bankshares Company Profile
| Ticker | UNB |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Morrisville, Vermont |
| Incorporated in | Vermont |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000706863 |
Frequently Asked Questions
What was Union Bankshares' revenue in fiscal 2025?
Union Bankshares (UNB) reported revenue of $54.5M for fiscal 2025.
What is Union Bankshares' annual revenue history?
Union Bankshares' annual revenue by fiscal year: 2020: $47.6M; 2021: $48.7M; 2022: $48.4M; 2023: $47.7M; 2024: $48.1M; 2025: $54.5M.
What was Union Bankshares' net income in fiscal 2025?
Union Bankshares reported net income of $11.1M for fiscal 2025.
What was Union Bankshares' earnings per share (EPS) in fiscal 2025?
Union Bankshares' diluted EPS was $2.41 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Union Bankshares generate in fiscal 2025?
Union Bankshares generated $16.0M of free cash flow in fiscal 2025.
What was Union Bankshares' revenue last quarter?
In its most recent reported quarter (2026 Q2), Union Bankshares reported revenue of $14.9M.
How much debt does Union Bankshares have?
Union Bankshares reported $302.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Union Bankshares are outstanding?
Union Bankshares reported a weighted average of 4.8 million basic shares outstanding in 2026 Q2.
What is Union Bankshares' market cap?
Based on its latest closing price, Union Bankshares (UNB) has a market capitalization of about $111.3M.
When does Union Bankshares' fiscal year end?
Union Bankshares' fiscal year end, as registered with the SEC, is December 31.
Where is Union Bankshares headquartered?
Union Bankshares lists its business address in Morrisville, Vermont in its SEC filings.