Union Bankshares Reports Strong Q3 2025 Earnings

Union Bankshares, Inc. ( (UNB) ) has released its Q3 earnings. Here is a breakdown of the information Union Bankshares, Inc. presented to its investors.

Union Bankshares, Inc., headquartered in Morrisville, Vermont, is a bank holding company that operates Union Bank, providing commercial, retail, and municipal banking services, along with wealth management services across northern Vermont and New Hampshire. The company is recognized for its strong residential lending programs and community involvement.

Union Bankshares, Inc. has reported a significant increase in earnings for the third quarter of 2025, with consolidated net income reaching $3.4 million, compared to $1.3 million in the same period of 2024. The company also declared a quarterly cash dividend, reflecting its ongoing commitment to returning value to shareholders.

Key financial highlights include a 5.1% increase in loans and a 6.4% rise in investment securities, contributing to total assets of $1.57 billion as of September 30, 2025. Net interest income saw an 18.3% increase, driven by higher yields and volumes, while noninterest income rose by $452 thousand. The company’s strategic liquidity management was evident in the 28.6% decline in federal funds sold and overnight deposits.

Union Bankshares’ balance sheet strength was further demonstrated by a 6.1% increase in stockholder’s equity, with book value per share rising to $16.95. The company maintained strong asset quality, with a 14.0% increase in the allowance for credit losses, reflecting proactive risk management.

Looking ahead, Union Bankshares remains focused on disciplined asset growth and prudent expense management. The company aims to continue leveraging its strong loan portfolio and community banking expertise to drive future earnings expansion, while closely monitoring economic indicators that may impact its operations.