The earnings beat and improved credit quality support confidence in the franchise, but lack of revenue guidance limits upside. Monitor net interest margin trajectory and loan growth in upcoming quarters.
Price Chart
Executive Summary
Union Bankshares reported Q1 2026 earnings with $3.0M net income ($0.65/share), up from $2.5M ($0.55/share) in Q1 2025, driven by higher net interest income and a credit loss benefit. The company also declared its regular quarterly dividend of $0.36 per share.
Key Financial Metrics
Key Facts
- Q1 2026 net income: $3.0M ($0.65/share) vs. $2.5M ($0.55/share) in Q1 2025
- Net interest income improved by $1.0M (10.0%) year-over-year
- Credit loss benefit of $325K recorded vs. $235K expense in prior year period
- Book value per share increased to $17.46 from $15.44 (13.1% growth)
- Regular quarterly dividend of $0.36 per share declared
Financial Impact
Net income increased 20% year-over-year to $3.0M with improved credit metrics and balance sheet growth
Risk Factors
- Noninterest expenses increased 9.8% to $10.8M, partially offsetting revenue gains
- Total deposits declined to $1.20B from $1.81B in prior year period
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000706863-26-000038 |
| Exhibit: exhibit9911stqtr2026earnin.htm | 0000706863-26-000038 |
| Document: 0000706863-26-000038-index-headers.html | 0000706863-26-000038 |
| Document: 0000706863-26-000038-index.html | 0000706863-26-000038 |
| Document: 0000706863-26-000038.txt | 0000706863-26-000038 |
| 8-K Data (Synthetic) | 0000706863-26-000038 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $22.82 $23.04 | ▲ +0.94% | ▲ +1.47% | $23.45 (+2.76%) |
Oct 21, 2026 5d ago | Press Release | $22.82 $23.04 | ▲ +0.94% | ▲ +1.47% | $23.45 (+2.76%) |
Jul 15, 2026 14w ago | Press Release | $25.30 $25.70 | ▲ +1.58% | ▲ +2.12% | $23.45 (−7.31%) |
Jul 15, 2026 14w ago | 8-K | $25.30 $25.70 | ▲ +1.58% | ▲ +2.12% | $23.45 (−7.31%) |
May 21, 2026 22w ago | 8-K | $23.12 $23.79 | ▲ +2.90% | ▲ +2.45% | $23.45 (+1.43%) |
May 7, 2026 24w ago | 8-K | $24.18 $23.85 | ▼ −1.36% | ▼ −1.60% | $23.45 (−3.02%) |
Apr 15, 2026 27w ago | 8-K | $23.69 $24.32 | ▲ +2.66% | ▲ +1.45% | $23.45 (−1.02%) |
Apr 15, 2026 27w ago | Press Release | $23.57 $23.69 | ▲ +0.50% | ▲ +0.25% | $23.45 (−0.52%) |
Apr 8, 2026 28w ago | DEFA14A | $24.10 $24.04 | ▼ −0.29% | ▼ −0.86% | $23.45 (−2.72%) |
US Market Status
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