Union Bankshares Inc income statement
In fiscal 2025, Union Bankshares Inc reported revenue of $54.5m, up 13.3% on the year before and net income of $11.1m, or $2.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 27 | 32 | 31 | 32 | 33 | 35 | 36 | 38 | 41 | 48 | 49 | 49 | 48 | 48 | 54 | 57 |
| Interest expense | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 5 | 4 | 5 | 19 | — | — | — |
| Net interest income | 19 | 20 | 22 | 22 | 23 | 23 | 25 | 27 | 29 | 30 | 32 | 36 | 39 | 38 | 38 | 43 | 45 |
| Non-interest income | 6 | 7 | 11 | 9 | 9 | 10 | 10 | 9 | 9 | 10 | 16 | 13 | 9 | 10 | 10 | 11 | 12 |
| Non-interest expense | 17 | 20 | 23 | 21 | 22 | 22 | 24 | 24 | 29 | 27 | 30 | 33 | 34 | 35 | 38 | 42 | 44 |
| Provision for credit losses | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | −0 | 1 | 1 | 0 |
| Income before tax | 7 | 6 | 9 | 9 | 10 | 11 | 11 | 12 | 8 | 12 | 15 | — | — | — | — | — | — |
| Income tax | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 1 | 2 | 2 | 3 | 3 | 2 | 0 | 1 | 1 |
| Net income | 6 | 5 | 7 | 7 | 8 | 8 | 9 | 8 | 7 | 11 | 13 | 13 | 13 | 11 | 9 | 11 | 12 |
| Diluted EPS | — | — | — | — | — | — | — | — | — | $2.38 | $2.85 | $2.92 | $2.79 | $2.48 | $1.92 | $2.41 | $2.59 |
| Diluted shares (average) | — | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 5m | 5m | 5m | 5m | 5m | 5m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 13 | 13 | 13 | 15 | 14 | 14 | 15 |
| Net interest income | 9 | 10 | 10 | 10 | 11 | 11 | 11 | 12 |
| Non-interest income | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 3 |
| Non-interest expense | 9 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Provision for credit losses | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 |
| Income tax | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 1 | 3 | 3 | 2 | 3 | 3 | 3 | 3 |
| Diluted EPS | $0.29 | $0.65 | $0.55 | $0.52 | $0.75 | $0.59 | $0.65 | $0.60 |
Compare with peers
- Optimumbank Holdings, Inc. income statement
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- Rhinebeck Bancorp, Inc. income statement
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