Union Bankshares Inc (UNB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Union Bankshares Inc (UNB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $205.960 million; its shares were traded at around $46.12 with a P/E ratio of 29.18 and P/S ratio of 5.57. The dividend yield of Union Bankshares Inc stocks is 2.63%.

For the last quarter Union Bankshares Inc reported a revenue of $7.63 million, compared with the revenue of $8.69 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $29.4 million, a decrease of 17.2% from the previous year. For the last five years Union Bankshares Inc had an average revenue growth rate of 0.7% a year.

The reported diluted earnings per share was $1.58 for the year, a decline of 16.4% from the previous year. Over the last five years Union Bankshares Inc had an EPS growth rate of 0.8% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Union Bankshares Inc has the cash and cash equivalents of $13.3 million, compared with $13.2 million in the previous year. The company had no long term debt. Union Bankshares Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $46.12, Union Bankshares Inc is traded at 58.5% premium to its historical median P/S valuation band of $29.09. The P/S ratio of the stock is 5.57, while the historical median P/S ratio is 3.52. The stock lost 9.41% during the past 12 months.

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