News about Union Bankshares

Union Bankshares (NASDAQ: UNB) reported third-quarter 2026 net income of $3.8 million, or $0.77 per share, up from $3.4 million, or $0.75 per share, a year earlier. For the nine months, net income reached $9.7 million, or $2.03 per share, versus $8.3 million, or $1.83 per share, in 2025. Total assets rose 4.0% to $1.64 billion, driven by growth in securities and loans, while interest income increased 6.6% to $20.4 million and interest expense rose 2.2% to $8.2 million. Book value per share fell to $15.94 as accumulated other comprehensive loss grew to $40.7 million from $27.5 million. The company also declared a regular quarterly cash dividend.