Union Bankshares (UNB) Raises Quarterly Dividend 3.8% to $0.27; 4.3% Yield
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Union Bankshares Announces Year Ended and Fourth Quarter Ended December 31, 2014 Earnings and Quarterly Dividend Payment
January 21, 2015 2:44 PM ESTMORRISVILLE, Vt., Jan. 21, 2015 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (Nasdaq: UNB) today announced Net Income for the year ended December 31, 2014 of $7.7 million. The 2014 Net Income represents a 7.8% increase over Net Income for the year ended December 31, 2013 of $7.1 million. Earnings per share as of December 31, 2014 increased to $1.73 per share compared to $1.60 per share for 2013. Results for 2014 reflect a year to year increase in net interest income of $675 thousand, or 3.1% due to strong loan demand and price discipline. Noninterest income increased $408 thousand, or 4.8% with improvements in all categories for 2014 compared to 2013 with the... More
