Detail akcie Union Bnkshr Inc online

Business Summary: Union Bankshares, Inc. is a one-bank holding company for Union Bank. The Union Bank provides full retail, commercial, municipal banking, wealth management and trust services throughout its 18 banking offices and three loan centers covering northern Vermont and northern New Hampshire. It provides retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Union Bankshares Inc interest income increased 19% to $68M. Net interest income after loan loss provision decreased 2% to $37.4M. Net income decreased 22% to $8.8M. Net interest income after loan loss provision reflects Union Bank segment decrease of 2% to $37.4M, Net Interest Margin, Total - % decrease of 4% to 2.77%, Net Interest Spread, Total - % decrease of 8% to 2.3%.