Union Bankshares Q2 net income $2.4M ($0.53/sh), up 18.6% YoY; declares $0.36 dividend

UNION BANKSHARES INC

2025-Q2 EPS reported $1.07

Net income $2.4M ($0.53/sh) for Q2 2025 vs $2.0M ($0.45/sh) in Q2 2024, an 18.6% increase.
Total loans grew 9.8% YoY to $1.11B, driving asset growth to $1.48B (+5.9%).
Asset quality strong with net recoveries; credit loss expense fell to $221k from $388k.
Board declared quarterly cash dividend of $0.36/share, payable Aug 7, 2025 to holders of record July 26.
Book value per share rose to $15.66 from $14.16; total equity $71.3M.

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