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Union Bankshares Announces Earnings for the three and nine months ended September 30, 2026 and Declares Quarterly Dividend

Globe Newswire•21/10/2026•16:14 ET
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Key Highlights

  • ➤Q3 net income $3.8 million, or $0.77 per share, versus $3.4 million
  • ➤Net interest income increased 10.0% to $12.1 million year over year
  • ➤Total assets reached $1.64 billion, up 4.0% year over year
  • ➤Quarterly dividend declared at $0.36 per share, payable November 5
  • ➤Total loans increased $52.5 million to $1.23 billion year over year

Expert Statements

Jeffrey F. Weidley, President and Chief Executive Officer of Union Bankshares, Inc.

“Union Bankshares strong financial performance reflects the strength of our foundation, the trust our customers place in us, and the dedication our employees bring to serving our communities every day. I am incredibly proud of our team and the results they delivered this quarter. By staying focused on relationships, exceptional customer service, and sound financial management, we delivered another quarter of strong earnings while helping our customers and communities succeed. These results demonstrate the resilience of our franchise and the value of our community banking model, positioning us well for continued future success.”

MORRISVILLE, Vt., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2026 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended September 30, 2026 was $3.8 million, or $0.77 per share, compared to $3.4 million, or $0.75 per share, for the same period in 2025, and $9.7 million, or $2.03 per share, for the nine months ended September 30, 2026, compared to $8.3 million, or $1.83 per share, for the same period in 2025.

President and Chief Executive Officer Jeffrey F. Weidley commented on the results:

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