Union Bankshares Q4 net income $3.0M ($0.68/share) vs $3.4M ($0.77) YoY; dividend $0.36

UNION BANKSHARES INC

2023-FY EPS reported $2.48

Full-year 2023 net income $11.3M ($2.50/share) vs $12.6M ($2.81) in 2022.
Total assets $1.5B, up 9.9% from $1.3B; loans $1.0B, deposits $1.31B.
Net interest income fell 12.1% to $9.1M in Q4 as interest expense surged 325.9% for the year.
Dividend of $0.36/share declared, payable Feb 1, 2024 to holders of record Jan 27, 2024.
Board reauthorized quarterly stock repurchase of up to 2,500 shares through Dec 31, 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UNION BANKSHARES INC reported the year ended December 31, 2023 results: net income $11.3 million, EPS $2.50 per share.

Period: the year ended December 31, 2023
Net income: $11.3 million
EPS: $2.50 per share
Result: reported results

Exact text from the filing

$11.3 million, or $2.50 per share, for the year ended December 31, 2023

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UNION BANKSHARES INC reported the three months and year ended December 31, 2023 results: net income $3.0 million, EPS $0.68 per share.

Period: the three months and year ended December 31, 2023
Net income: $3.0 million
EPS: $0.68 per share
Result: reported results

Exact text from the filing

Consolidated net income for the three months ended December 31, 2023 was $3.0 million, or $0.68 per share

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19 earnings releases filed in the last 30 days. Browse all earnings releases →

UNION BANKSHARES INC filing history →

Source: SEC EDGAR

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