| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | 1 | 2 | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2026 | 1.08 |
—
—
—
|
| 2025 | 1.44 |
—
—
—
—
|
| 2024 | 1.44 |
—
—
—
—
|
| 2023 | 1.44 |
—
—
—
—
|
| 2022 | 1.40 |
—
—
—
—
|
| 2021 | 1.32 |
—
—
—
—
|
| 2020 | 1.28 |
—
—
—
—
|
| 2019 | 1.24 |
—
—
—
—
|
| 2018 | 1.20 |
—
—
—
—
|
| 2017 | 1.16 |
—
—
—
—
|
| 2016 | 1.11 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 92.36 | 25.30 | 21.26 | 38.94 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 1,118.88 | 1,180.72 | 1,193.82 | 1,154.59 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 1,305.60 | 1,168.89 | 1,214.98 | 1,094.06 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 1,386.83 | 1,445.61 | 1,520.02 | 1,452.07 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 22.02 | 23.30 | — | — |
—
|
| ’25 | 20.74 | 21.48 | 22.56 | 22.48 |
87.25
|
| ’24 | 18.19 | 19.32 | 18.80 | 21.38 |
77.68
|
| ’23 | 15.33 | 16.29 | 17.31 | 18.09 |
67.01
|
| ’22 | 11.96 | 12.68 | 14.00 | 14.76 |
53.40
|
| ’21 | 12.12 | 13.04 | 14.05 | 13.03 |
52.24
|
| ’20 | 11.48 | 12.13 | 14.85 | 14.29 |
52.75
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.63 | 6.91 | — | — |
—
|
| ’25 | 4.06 | 0.29 | 9.71 | 3.17 |
17.23
|
| ’24 | 1.86 | 3.25 | 1.28 | 5.76 |
12.15
|
| ’23 | 2.08 | 3.66 | 0.41 | 3.04 |
9.19
|
| ’22 | 14.77 | 1.58 | 6.38 | 6.31 |
29.03
|
| ’21 | (4.78) | 2.16 | 29.92 | 1.89 |
29.19
|
| ’20 | (6.92) | (20.14) | 15.37 | 4.62 |
(7.06)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.45 | 6.41 | — | — |
—
|
| ’25 | 3.92 | (0.38) | 9.55 | 2.88 |
15.97
|
| ’24 | 1.50 | 2.94 | 1.07 | 5.62 |
11.13
|
| ’23 | 1.90 | 3.46 | (0.30) | 2.20 |
7.26
|
| ’22 | 14.60 | 1.45 | 6.19 | 6.12 |
28.37
|
| ’21 | (5.08) | (0.17) | 29.31 | 1.62 |
25.68
|
| ’20 | (7.00) | (20.45) | 14.83 | 4.55 |
(8.07)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.65 | 0.61 | — | — |
—
|
| ’25 | 0.55 | 0.53 | 0.75 | 0.60 |
2.43
|
| ’24 | 0.53 | 0.45 | 0.29 | 0.67 |
1.94
|
| ’23 | 0.66 | 0.60 | 0.56 | 0.68 |
2.50
|
| ’22 | 0.55 | 0.65 | 0.84 | 0.77 |
2.81
|
| ’21 | 0.64 | 0.67 | 0.87 | 0.76 |
2.94
|
| ’20 | 0.49 | 0.60 | 0.92 | 0.85 |
2.86
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 21.29 | 20.07 | 21.00 | 20.65 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 33.03 | 30.93 | 37.70 | 36.00 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 188 | 197 | 191 | 195 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.28 | 0.34 | 0.41 | 0.45 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 53.40 | 67.01 | 77.68 | 87.25 | — | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 91.53% | 71.25% | 61.91% | 62.44% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.25 | 12.88 | 9.13 | 12.01 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.55% | 19.22% | 11.75% | 13.76% | — | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.62 | 11.26 | 8.76 | 11.08 | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.47 | 2.20 | 2.17 | 2.18 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.88 | 14.86 | 17.17 | 19.14 | — | — | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 2.81 | 2.50 | 1.94 | 2.43 | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.46 | 2.04 | 2.69 | 3.78 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.15) | (0.43) | (0.23) | (0.27) | — | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.31 | 1.61 | 2.46 | 3.50 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.28 | 14.59 | 14.70 | 17.74 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.50 | 4.51 | 4.52 | 4.56 | — | — | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.89 | 12.37 | 14.90 | 9.77 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.10 | 2.08 | 1.68 | 1.24 | — | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.03 | 2.12 | 1.97 | 1.34 | — | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.33 | 1.32 | 1.89 | 1.47 | — | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.38 | 12.17 | 13.19 | 8.03 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.03 | 9.19 | 12.15 | 17.23 | — | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.66) | (1.93) | (1.02) | (1.25) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.37 | 7.26 | 11.13 | 15.97 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (258.42) | (267.95) | (264.88) | (326.20) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 66.21 | 16.24 | 16.27 | 16.31 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.89 | (76.12) | (9.03) | (4.95) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 55.22 | 65.81 | 66.48 | 80.86 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.99% | 0.80% | 0.58% | 0.70% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 14.20% | 0.00% | 9.93% | 9.89% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.08% | 18.60% | 13.25% | 15.04% | — | — | — |
ROE
|
Union Bankshares, Inc. (UNB), a Vermont-based regional bank specializing in commercial lending and community-focused deposits, has delivered impressive revenue growth of 110% from $37 million in 2016 to $77.7 million in 2024 (11% CAGR), even through the COVID-19 pandemic and rate hikes, with revenue per employee doubling to $407,000 amid stable headcount. However, profitability has faced sector-wide pressures, with net income dropping 33% to $8.8 million in 2024, EBT margins compressing to 11.8% from 30%, and ROE easing to 13.3%, largely due to rising funding costs.
Despite these challenges, UNB’s balance sheet remains resilient, with low debt, recovering book value, strong free cash flow supporting a 3-4% dividend yield, and positive ROA outperforming peers during the 2023 banking scare. Trading at a 60% discount to unanimous analyst price targets, attractive multiples like 15x P/E and under 2x P/B signal undervaluation, bolstered by sparse but confident insider buying and no sells.
Looking ahead, analysts project 60% upside as rate cuts stabilize margins toward 20%+ EBT, ROE rebounds to 16-18%, and Vermont’s stable economy drives loan growth—positioning UNB as a classic regional bank rebound play for patient investors.
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