earnings
confidence high
sentiment positive
materiality 0.75
Union Bankshares Q1 net income rises 20% to $0.65/sh; corrects prior deposit error
UNION BANKSHARES INC
2026-Q1 EPS reported
$0.65
- Q1 2026 net income $3.0M ($0.65 per share) vs $2.5M ($0.55) in Q1 2025, up 20%.
- Total deposits as of Mar 31, 2025 corrected to $1.18B from previously reported $1.81B.
- Total loans $1.18B (+1.3% YoY); book value per share up 13.1% to $17.46.
- Net interest income increased 10% to $11.3M; credit loss benefit of $325K vs expense $235K.
- Declared quarterly dividend of $0.36 per share, payable May 7, 2026.