Union Bankshares (NASDAQ:UNB) last released its quarterly earnings results on Wednesday, January 17th. The bank reported $0.53 earnings per share (EPS) for the quarter. Union Bankshares had a net margin of 21.87% and a return on equity of 15.13%. The firm had revenue of $9.40 million for the quarter.
Union Bankshares stock opened at $50.50 on Monday. Union Bankshares has a 1 year low of $39.55 and a 1 year high of $55.00. The firm has a market capitalization of $226.85, a P/E ratio of 25.53 and a beta of 0.39.
A hedge fund recently raised its stake in Union Bankshares stock. State Street Corp boosted its stake in Union Bankshares, Inc. (NASDAQ:UNB) by 10.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 54,254 shares of the bank’s stock after acquiring an additional 5,070 shares during the quarter. State Street Corp owned 1.22% of Union Bankshares worth $2,583,000 as of its most recent filing with the SEC. 15.39% of the stock is owned by hedge funds and other institutional investors.
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About Union Bankshares
Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, health savings, and individual retirement accounts, as well as certificates of deposit.
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