Union Bankshares Inc (UNB) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 14, 2020
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Union Bankshares Inc (UNB, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Union Bankshares Inc is a bank holding company for Union Bank, which offers retail and commercial banking services to its customers through its branches, ATMs, telebanking, and internet banking systems. Union Bankshares Inc has a market cap of $93.805 million; its shares were traded at around $20.99 with a P/E ratio of 8.82 and P/S ratio of 2.36. The dividend yield of Union Bankshares Inc stocks is 5.96%. GuruFocus has detected 2 severe warning signs with Union Bankshares Inc. .

For the last quarter Union Bankshares Inc reported a revenue of $10.8 million, compared with the revenue of $9.85 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $40.7 million, an increase of 6.9% from last year. For the complete 30-year financial data, please go here.. For the last five years Union Bankshares Inc had an average revenue growth rate of 5.1% a year.

The reported diluted earnings per share was $2.38 for the year, an increase of 50.6% from previous year. Over the last five years Union Bankshares Inc had an EPS growth rate of 3.6% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Union Bankshares Inc has the cash and cash equivalents of $12.0 million, compared with $13.3 million in the previous year. The company had no long term debt. Union Bankshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $20.99, Union Bankshares Inc is traded at 33.7% discount to its historical median P/S valuation band of $31.65. The P/S ratio of the stock is 2.36, while the historical median P/S ratio is 3.51. The stock lost 51.78% during the past 12 months.

For the complete 20-year historical financial data of UNB, click here.