Saturday 17 October 2026
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Union Bankshares, Inc.
Union Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $87.3 million, up 12.3% from fiscal 2024. In the quarter to June 2026, revenue grew 8.47%, EPS grew 15.1%, free cash flow grew 1,783.2% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.
23.03
0.27
+1.19%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 26.50 | 39.55 | 41.40 | 25.54 | 16.50 | 25.05 | 21.29 | 20.07 | 21.00 | 20.65 |
Analyst estimates 2026–2028 Powerpack |
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| High | 50.15 | 55.00 | 55.00 | 49.00 | 37.95 | 37.99 | 33.03 | 30.93 | 37.70 | 36.00 | |||||
| People | |||||||||||||||
| People | Employees | 191 | 194 | 195 | 201 | 193 | 194 | 188 | 197 | 191 | 195 | ||||
| Revenue/emp, $m | 0.19 | 0.20 | 0.21 | 0.23 | 0.27 | 0.27 | 0.28 | 0.34 | 0.41 | 0.45 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 37 | 38 | 42 | 46 | 53 | 52 | 53 | 67 | 78 | 87 | ||||
| Gross margin, % | 94.43 | 94.13 | 91.40 | 87.91 | 90.24 | 93.18 | 91.53 | 71.25 | 61.91 | 62.44 | |||||
| EBT | 11 | 12 | 8 | 12 | 15 | 16 | 15 | 13 | 9 | 12 | |||||
| EBT margin, % | 30.04 | 31.38 | 20.03 | 26.94 | 28.86 | 30.28 | 28.55 | 19.22 | 11.75 | 13.76 | |||||
| Net income | 9 | 8 | 7 | 11 | 13 | 13 | 13 | 11 | 9 | 11 | |||||
| Depreciation | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 8.29 | 8.61 | 9.33 | 10.37 | 11.79 | 11.65 | 11.88 | 14.86 | 17.17 | 19.14 | ||||
| Earnings | 1.91 | 1.89 | 1.58 | 2.38 | 2.86 | 2.94 | 2.81 | 2.50 | 1.94 | 2.43 | |||||
| Cash flow | 1.71 | 2.21 | 3.75 | 2.61 | (1.58) | 6.51 | 6.46 | 2.04 | 2.69 | 3.78 | |||||
| Capex | (0.39) | (0.45) | (0.64) | (1.44) | (0.22) | (0.78) | (0.15) | (0.43) | (0.23) | (0.27) | |||||
| Free cash flow | 1.32 | 1.77 | 3.11 | 1.17 | (1.80) | 5.73 | 6.31 | 1.61 | 2.46 | 3.50 | |||||
| Book value | 12.62 | 13.15 | 14.44 | 16.08 | 18.07 | 18.81 | 12.28 | 14.59 | 14.70 | 17.74 | |||||
| Shares, m | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 23.06 | 27.65 | 30.22 | 15.24 | 8.99 | 10.15 | 8.89 | 12.37 | 14.90 | 9.77 | ||||
| P/S | 5.31 | 6.07 | 5.12 | 3.50 | 2.18 | 2.56 | 2.10 | 2.08 | 1.68 | 1.24 | |||||
| P/B | 3.49 | 3.97 | 3.31 | 2.26 | 1.42 | 1.59 | 2.03 | 2.12 | 1.97 | 1.34 | |||||
| EV/Sales | 3.99 | 4.82 | 4.00 | 2.45 | (0.22) | 1.36 | 1.39 | 0.95 | 1.57 | 1.18 | |||||
| EV/FCF | 25.00 | 23.51 | 11.99 | 21.68 | 1.42 | 2.76 | 2.62 | 8.72 | 10.94 | 6.46 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 8 | 10 | 17 | 12 | (7) | 29 | 29 | 9 | 12 | 17 | ||||
| Capex | (2) | (2) | (3) | (6) | (1) | (4) | (1) | (2) | (1) | (1) | |||||
| Free cash flow | 6 | 8 | 14 | 5 | (8) | 26 | 28 | 7 | 11 | 16 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (48) | (47) | (54) | (71) | (82) | (232) | (258) | (268) | (265) | (326) | ||||
| Total debt | 20 | 10 | 27 | 49 | 9 | 16 | 16 | 16 | 16 | 16 | |||||
| Net debt | (29) | (38) | (20) | (9) | (126) | (63) | (38) | (76) | (9) | (5) | |||||
| Shareholders’ equity | 56 | 59 | 64 | 72 | 81 | 84 | 55 | 66 | 66 | 81 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 1.29 | 1.18 | 0.91 | 1.27 | 1.30 | 1.15 | 0.99 | 0.80 | 0.58 | 0.70 | ||||
| ROIC | 25.25 | 36.21 | 11.62 | 12.35 | 0.00 | 46.20 | 55.69 | 0.00 | 9.93 | 9.89 | |||||
| ROE | 15.50 | 14.70 | 11.48 | 15.62 | 16.77 | 15.94 | 18.08 | 18.60 | 13.25 | 15.04 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Union Bankshares, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RVSB Riverview Bancorp Inc | $119.1M | — (loss-making) | 17.7× | +6.30% (above 0%: growing) | +33.33% (above 0%: growing) | +342.43% (above 0%: growing) | 75.12% | 0.00% | Compare |
| BSBK Bogota Financial Corporation | $116.5M | 43.4× | 29.2× | −5.42% (below 0%: shrinking) | +200.00% (above 0%: growing) | +11.78% (above 0%: growing) | 43.91% | 0.00% | Compare |
| WSBK Winchester Bancorp, Inc. | $116.0M | 26.4× | — | +16.83% (above 0%: growing) | — | −44.14% (below 0%: shrinking) | 52.64% | 0.00% | Compare |
| OPHC OptimumBank Holdings, Inc. | $113.0M | 5.6× | 6.5× | +38.96% (above 0%: growing) | +29.03% (above 0%: growing) | +67.40% (above 0%: growing) | 70.97% | 0.00% | Compare |
| PROV Provident Financial Holdings, Inc. | $112.9M | 17.4× | 13.1× | +1.58% (above 0%: growing) | +40.00% (above 0%: growing) | +52.70% (above 0%: growing) | 69.62% | 0.00% | Compare |
| UNB Union Bankshares, Inc. | $112.6M | 8.8× | — | +8.47% (above 0%: growing) | +15.09% (above 0%: growing) | +1,783.20% (above 0%: growing) | 63.79% | 0.00% | |
| SFBC Sound Financial Bancorp, Inc. | $111.8M | 13.9× | — | +1.50% (above 0%: growing) | +22.50% (above 0%: growing) | +132.05% (above 0%: growing) | 67.71% | 0.00% | Compare |
| BYFC Broadway Financial Corporation | $107.2M | — (loss-making) | — (loss-making) | +27.12% (above 0%: growing) | n/m | +24.68% (above 0%: growing) | 55.67% | 0.00% | Compare |
| PBHC Pathfinder Bancorp, Inc. | $106.5M | — (loss-making) | — | +9.22% (above 0%: growing) | n/m | +155.06% (above 0%: growing) | 60.96% | 0.00% | Compare |
| Median of peers | $112.9M | 17.4× | 15.4× | +7.76% | +33.33% | +60.05% | 64.34% | 0.00% |
Union Bankshares, Inc. (UNB) key facts
- Strength: Union Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $87.3 million, up 12.3% from fiscal 2024.
- Strength: Net income was $11.1 million, or $2.43 per share (basic), a net margin of 12.7%.
- Union Bankshares, Inc. (UNB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- As of October 16, 2026, UNB traded at $23.03, a market capitalization of $112.6 million.
- At that price the stock trades at 8.8× trailing-twelve-month earnings and 1.2× sales; its P/E is higher than 13% of its own readings over the past ten years.
- Union Bankshares, Inc. pays an annual dividend of $1.44 per share, a yield of 6.25%, with a payout ratio of 55.2%.
- Return on equity was 15.0% and debt-to-equity 0.18.
- Its Piotroski F-score is 7 out of 9 for fiscal 2025.