Union Bankshares, Inc. (UNB)

Union Bankshares, Inc. (UNB) stock has experienced fluctuations over the past six months. The stock price decreased by 8.9% over the last six months, and by 15.2% over the last year. However, in the past month, the stock has increased by 4.93%, and year-to-date, it has seen a return of 4.89%. Key events include the completion of a balance sheet repositioning on September 4, 2024, involving the sale of lower-yielding debt securities. On July 16, 2025, the company announced earnings for the three and six months ended June 30, 2025, and declared a quarterly dividend. On October 15, 2025, Union Bankshares announced earnings for the three and nine months ended September 30, 2025, and declared a quarterly dividend. On January 21, 2026, the company announced earnings for the three months and year ended December 31, 2025, and declared a quarterly dividend. On February 5, 2026, Union Bankshares reported a net income of $2.7 million in its fourth quarter.

Demand seasonality for Union Bankshares, Inc. is generally less pronounced due to its diverse range of retail, commercial, and municipal banking services. While mortgage lending might experience minor seasonal fluctuations, the demand for core banking services tends to be relatively stable throughout the year. The bank's focus on a diverse portfolio of services helps to mitigate significant seasonal swings in overall demand.

Union Bankshares, Inc. is a bank holding company based in Vermont, operating through Union Bank. It offers financial services to individuals, businesses, and municipalities, including commercial, real estate, construction, mortgage, consumer, and municipal loans. Deposit services include checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, along with online cash management, merchant credit card services, and wealth management.

Union Bankshares, Inc. primarily serves northern Vermont and New Hampshire. As of September 30, 2025, the company operated 18 banking offices, three loan centers, and multiple ATMs across its service area. Specific Vermont locations include Danville, Fairfax, Hardwick, Jeffersonville, Johnson, Lyndonville, Shelburne, St. Albans, Stowe, Williston, South Burlington, Barre, and Newport. In New Hampshire, locations include Groveton, Lincoln, Littleton, and North Woodstock.

Union Bank has a strong brand reputation, particularly for its residential lending programs. It has been recognized by the U.S. Department of Agriculture, Rural Development, for its positive impact on low to moderate-income home buyers. The bank is also consistently one of the top Vermont Housing Finance Agency mortgage originators and has been designated as an SBA Preferred lender for its involvement in small business lending. The decline in net earnings per share and reliance on brokered deposits could indirectly influence perception if not effectively managed.

Union Bankshares, Inc. has 113 institutional owners and shareholders holding a total of 1,179,615 shares. Major institutional shareholders include Vanguard Group Inc., Fmr Llc, and BlackRock, Inc. Institutional investors own 14.84% of Union Bankshares' stock, while insiders hold 20.2% of the company's shares.