Union Bankshares (NASDAQ:UNB) Announces Earnings Results

Union Bankshares (NASDAQ:UNB) announced its quarterly earnings data on Wednesday. The bank reported $0.67 EPS for the quarter, Zacks reports. Union Bankshares had a return on equity of 13.14% and a net margin of 11.74%.

Union Bankshares Price Performance

NASDAQ UNB traded up $0.43 on Wednesday, reaching $29.55. The company had a trading volume of 6,202 shares, compared to its average volume of 7,886. The stock has a market capitalization of $133.71 million, a PE ratio of 15.15 and a beta of 0.80. Union Bankshares has a 12 month low of $21.00 and a 12 month high of $37.70. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The firm’s 50 day moving average price is $31.58 and its 200 day moving average price is $27.55.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Union Bankshares from a “hold” rating to a “sell” rating in a research note on Monday.

Union Bankshares Company Profile

Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.