Union Bankshares (UNB, Financial) recently saw a sharp decline in its stock price, dropping 5.35% to $24.57 per share. The trading volume was recorded at 2,825 shares, with a turnover rate of 0.06% and a price fluctuation rate of 1.46%.
The latest financial reports for Union Bankshares indicate an operating revenue of $19.26 million and a net profit of $2.02 million, resulting in an earnings per share (EPS) of $0.45. The price-to-earnings (P/E) ratio stands at 11.55. Currently, there are no institutional recommendations for buy, hold, or sell ratings for UNB stock.
Within the banking sector, Union Bankshares is part of an industry that has seen an overall increase of 1.35%. Noteworthy performers in the same sector include First Internet Bancorp, Home Federal Bancorp, Inc. of Louisiana, and NewtekOne, Inc., which have shown significant gains. Additionally, stocks like Rocket Companies, Inc., UWM Holdings Corporation, and United Community Banks have shown notable trading activity with turnover rates of 2.48%, 2.13%, and 0.90%, respectively. Other stocks with high fluctuation rates include Summit State Bank, Fanhua Financial, and LoanDepot, Inc., with amplitude rates of 25.81%, 16.02%, and 11.93% respectively.
Union Bankshares Inc operates as a community bank in the financial services industry. It provides both retail and commercial banking services through its network of branches, ATMs, mobile banking, and online banking systems. The bank serves individual customers with retail banking services and offers commercial banking to small and medium-sized businesses, partnerships, sole proprietorships, non-profit organizations, local municipalities, and school districts within its market region. Additionally, it provides trust and asset management services through its asset management group. All of its business activities are conducted within the United States.
