Union Bankshares, Inc (UNB)
Union Bankshares, Inc. (UNB) is a regional savings bank holding company that provides a range of banking services, including retail and commercial banking, savings accounts, and loan products. It primarily operates through its subsidiary, Union Bank & Trust Company, serving communities with a focus on personalized customer service and community engagement. The company emphasizes sustainable growth and financial stability across its local markets.
Dividend History
Investors can expect a dividend payout of $0.36 per share, scheduled to be distributed in 13 days on November 6, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 6, 2025 | $0.36 | 2025-10-24 | 2025-10-25 |
| August 7, 2025 | $0.36 | 2025-07-25 | 2025-07-26 |
| May 1, 2025 | $0.36 | 2025-04-25 | 2025-04-26 |
| February 6, 2025 | $0.36 | 2025-01-24 | 2025-01-25 |
| November 7, 2024 | $0.36 | 2024-10-25 | 2024-10-26 |
Dividends Summary
- Union Bankshares, Inc has issued 89 dividend payments over the past 21 years
- The most recent dividend was paid 78 days ago, on August 7, 2025
- The highest dividend payed out to investors during this period was $0.40 per share
- The average dividend paid during this period was $0.29 per share.
Company News
Union Bankshares reported strong Q3 2025 financial performance with consolidated net income of $3.4 million, up from $1.3 million in the same quarter last year. The bank saw loan growth of 5.1% and increased net interest income by 18.3%, driven by disciplined asset management and prudent expense control.
Union Bankshares, Inc. announced the sale of $38.8 million in lower-yielding debt securities, resulting in an estimated after-tax realized loss of $1 million. The proceeds were redeployed into higher-yielding bonds and loans, expected to yield 341 basis points more than the sold securities. The loss will be recouped within a year, and the reposit...