Union Bank (UNB) Stock Surges Amid Market Volatility

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Dec 02, 2024
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Union Bank (UNB, Financial) experienced a notable stock surge, rising by 5.76% to $36.38 per share. The trading volume reached 7,447 shares with a turnover rate of 0.16% and a volatility of 5.96%. Recent financial reports indicate an operating revenue of $18.84 million and a net profit of $1.32 million, resulting in earnings per share of $0.29. The price-to-earnings ratio stands at 18.55. Currently, there are no institutional ratings advising on the stock.

In the banking sector, where Union Bank operates, the overall decline was 0.69%. Other notable performers include Better Home & Finance Holding, Patriot National Bancorp, and Chain Bridge Bancorp, with significant price movements. Union Bank provides retail and commercial banking services primarily in the United States, catering to individuals, small to medium-sized businesses, and other organizations.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.