Union Bankshares Q4 net income $3.0M ($0.67/sh); FY net income $8.8M, down 22% YoY

UNION BANKSHARES INC

2024-FY EPS reported $1.92

Full-year 2024 net income $8.8M ($1.94/sh) vs $11.3M ($2.50/sh) in 2023; Q4 net income $3.0M ($0.67/sh) vs $3.05M ($0.68/sh).
Loan portfolio grew 12.6% to $1.16B; deposits fell to $1.17B from $1.31B due to elimination of $153M brokered deposits.
Pre-tax loss of $1.3M from Q3 strategic bond sale lowered 2024 earnings; credit loss expense rose to $930K from a $499K benefit.
Quarterly dividend declared at $0.36/sh, payable Feb 6, 2025 to shareholders of record Jan 25, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.