Union Bankshares Inc

Company Profile

Union Bankshares Inc had its IPO on 1998-06-11 under the ticker symbol UNB.

The company operates in the Financial Services sector and Banks-Regional industry. Union Bankshares Inc has a staff strength of 188 employees.

Stock update

Shares of Union Bankshares Inc opened at $21.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.88 - $21.87, and closed at $20.88.

This is a -3.33% slip from the previous day's closing price.

A total volume of 2,804 shares were traded at the close of the day’s session.

In the last one week, shares of Union Bankshares Inc have slipped by -3.02%.

Union Bankshares Inc's Key Ratios

Union Bankshares Inc has a market cap of $97.35 million, indicating a price to book ratio of 2.18 and a price to sales ratio of 2.1515.

In the last 12-months Union Bankshares Inc’s revenue was $49.74 million with a gross profit of $48.41 million and an EBITDA of $0. The EBITDA ratio measures Union Bankshares Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Union Bankshares Inc’s operating margin was 31.08% while its return on assets stood at 1.02% with a return of equity of 21.64%.

In Q2, Union Bankshares Inc’s quarterly earnings growth was a negative -7.9% while revenue growth was a positive 2.4%.

Union Bankshares Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.5789

PEG

0

Its diluted EPS in the last 12-months stands at $2.85 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Union Bankshares Inc’s profitability.

Union Bankshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1515.

Union Bankshares Inc stock pays annual dividends of $1.42 per share, indicating a yield of 6.91% and a payout ratio of 49.92%.

Balance sheet and cash flow metrics

Total Assets

$1.33 billion

Total Liabilities

$15.23 million

Operating Cash Flow

$38.78 million

Capital Expenditure

$202000

Dividend Payout Ratio

49.92%

Union Bankshares Inc ended 2023 with $1.33 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.33 billion while shareholder equity stood at $59.05 million.

Union Bankshares Inc ended 2023 with $0 in deferred long-term liabilities, $15.23 million in other current liabilities, 9969000.00 in common stock, $87.14 million in retained earnings and $0 in goodwill. Its cash balance stood at $19.53 million and cash and short-term investments were $19.53 million. The company’s total short-term debt was $1,315,000 while long-term debt stood at $136.77 million.

Union Bankshares Inc’s total current assets stands at $80.87 million while long-term investments were $268.92 million and short-term investments were $267.54 million. Its net receivables were $61.33 million compared to accounts payable of $15.23 million and inventory worth $0.

In 2023, Union Bankshares Inc's operating cash flow was $38.78 million while its capital expenditure stood at $202000.

Comparatively, Union Bankshares Inc paid $0.50 in dividends in 2023.

Other key metrics

Current Trading Price

$20.88

52-Week High

$26.7908

52-Week Low

$19.5382

Analyst Target Price

$

Union Bankshares Inc stock is currently trading at $20.88 per share. It touched a 52-week high of $26.7908 and a 52-week low of $26.7908. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $22.15 and 200-day moving average was $22.59 The short ratio stood at 1.02 indicating a short percent outstanding of 0%.

Around 1988.5% of the company’s stock are held by insiders while 1108.9% are held by institutions.