PRESS-RELEASE ·Filed Jul 15, 2026
Press release · Dividend
Actionable Insight • Neutral
The earnings beat is modest and the dividend is routine. Monitor the leadership transition and any future guidance updates in the next 10-Q.
Final — all horizons settled through T+60d ⚠ clustered
UNB ▼ -9.09% at T+60d
NEUTRAL call -9.09% · α vs SPY -11.62% · entry $25.30 → $23.00
T+1d
+1.58%
call +1.58% · α +2.12%
$25.70
settled 3mo ago
T+5d
-1.94%
call -1.94% · α -0.96%
$24.81
settled 3mo ago
T+20d
-4.23%
call -4.23% · α -6.57%
$24.23
settled 3mo ago
T+60d
-9.09%
call -9.09% · α -11.62%
$23.00
settled 19d ago
Price Chart
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Executive Summary
Union Bankshares reported Q2 2026 net income of $2.9M ($0.61/share), up from $2.4M ($0.53/share) in Q2 2025, driven by 11.2% net interest income growth and a one-time $380K branch sale gain. The board declared a $0.36/share quarterly dividend.
Key Financial Metrics
Revenue
$20.1M
+7.1% YoY
EPS
$0.61
Key Facts
- Q2 2026 net income $2.9M vs $2.4M in Q2 2025, EPS $0.61 vs $0.53
- Net interest income rose 11.2% to $11.6M, driven by larger earning asset base and higher rates
- Quarterly dividend declared at $0.36/share, payable August 6, 2026
- Total assets grew 5.3% to $1.56B, loans up modestly $14M to $1.12B
- Book value per share increased 16.7% to $18.28, aided by $8.6M in equity sales (384K shares)
- Noninterest expenses rose 9.3% to $11.5M, primarily from higher salaries and wages
- One-time gain of $380K on sale of a branch property boosted noninterest income
Financial Impact
Net income increased $529K (22%) YoY in Q2; dividend unchanged at $0.36/quarter
net incomeepsnet interest incomebook value per share
Risk Factors
- Rising noninterest expenses (salaries +9.3%) could pressure margins if revenue growth slows
- Leadership transition from Silverman to Weidley introduces execution risk
- Borrowed funds increased to $337M, up 24.5% YoY, increasing interest rate sensitivity
Market Snapshot
Exchange
Nasdaq
Sector
State Commercial Banks
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3328076 |
9 reports for UNB
Track record builds as more directional reports settle.
Filters
Rows
| 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%) |
Showing 9 of 9
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