Union Bankshares posts strong 2025 results, declares dividend

Union Bankshares ( (UNB) ) has shared an announcement.

On January 21, 2026, Union Bankshares reported that consolidated net income for the year ended December 31, 2025 rose 26.5% to $11.1 million, or $2.43 per share, from $8.8 million, or $1.94 per share, in 2024, aided by higher net interest income, stronger mortgage banking gains and lower credit loss expense, despite increased operating costs. Total assets grew 5.8% to $1.62 billion, driven by a sizable expansion of the securities portfolio and modest loan growth, while deposits and Federal Home Loan Bank advances also increased; book value per share climbed nearly 20% as retained earnings, paid-in capital from share sales and reduced unrealized losses on securities strengthened equity. For the fourth quarter of 2025, net income edged down to $2.7 million from $3.0 million a year earlier as higher noninterest expenses offset gains in net interest and fee income, but the board underscored confidence in the company’s financial position by declaring a regular quarterly cash dividend of $0.36 per share payable on February 5, 2026 to shareholders of record on January 31, 2026. In a further move to bolster governance and deepen expertise in risk management and client service, the board appointed Steven P. Cote, president of Chalmers Insurance Group with 34 years of industry experience and extensive community board service in Maine and New Hampshire, to the board of Union Bank, the company’s principal subsidiary.

The most recent analyst rating on (UNB) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Union Bankshares stock, see the UNB Stock Forecast page.

Spark’s Take on UNB Stock

According to Spark, TipRanks’ AI Analyst, UNB is a Outperform.

Union Bankshares’ strong financial performance, attractive valuation, and positive corporate events contribute to a favorable outlook. However, technical indicators suggest caution in the short term, and the company’s increasing leverage requires careful management to maintain financial stability.

To see Spark’s full report on UNB stock, click here.

More about Union Bankshares

Union Bankshares, Inc., headquartered in Morrisville, Vermont, is the bank holding company for Union Bank, a community-focused institution providing commercial, retail and municipal banking, along with wealth management services, across northern Vermont and New Hampshire. Operating 18 branches, three loan centers and multiple ATMs, Union Bank has built a strong reputation in residential mortgage lending, small business finance and community reinvestment, including recognition from federal and state housing agencies and an “Outstanding” Community Reinvestment Act rating.

Average Trading Volume: 12,374

Technical Sentiment Signal: Sell

Current Market Cap: $113.6M

See more data about UNB stock on TipRanks’ Stock Analysis page.