Union Bankshares Q3 net income rises, dividend declared

Union Bankshares

15/10/2025 21:38

Overview

Union Bankshares Q3 net income rises to $3.4 mln, up from $1.3 mln in 2024

Net interest income for Q3 2025 increases 18.3% to $11.2 mln

Company declares Q3 dividend of $0.36 per share

Outlook

Union Bankshares did not provide specific guidance for future quarters or the full year

Result Drivers

LOAN GROWTH - Loans increased 5.1% to $1.18 bln, driving asset growth

NET INTEREST INCOME - Increased by $1.7 mln due to higher yields and volumes

CREDIT LOSS EXPENSE - Decreased by $112 thousand, reflecting loan portfolio growth and mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$3.40 mln
Q3 Net Interest Income
$11.20 mln
Q3 Dividend
$0.36


Press Release: ID:nGNX44z2mX

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)