Union Bankshares Q4 2023 EPS $0.68 vs $0.77; FY EPS $2.50 vs $2.81

UNION BANKSHARES INC

2023-FY EPS reported $2.48

Net income for Q4 2023 was $3.0M ($0.68 diluted EPS) vs $3.4M ($0.77) in Q4 2022.
Full-year 2023 net income $11.3M ($2.50 EPS) vs $12.6M ($2.81 EPS) in 2022.
Total assets grew 9.9% to $1.5B; loans increased to $1.0B.
Declared quarterly cash dividend of $0.36 per share, payable Feb 1, 2024.
Net charge-offs were only $4,000 for 2023; asset quality remains strong.

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