Union First Market Bankshares (UBSH) Misses Q1 EPS by 3c

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Go back to Union First Market Bankshares (UBSH) Misses Q1 EPS by 3c

Union Bankshares Reports First Quarter Results

April 20, 2015 7:30 AM EDT

RICHMOND, Va., April 20, 2015 /PRNewswire/ -- Union Bankshares Corporation (the "Company" or "Union") (NASDAQ: UBSH) today reported net income of $15.7 million and earnings per share of $0.35 for its first quarter ended March 31, 2015.  The quarterly results represent an increase of $736,000, or 4.9%, in net income and an increase of $0.02, or 6.1%, in earnings per share from the fourth quarter of 2014; excluding after-tax acquisition-related expenses of $563,000 in the prior quarter, the quarterly results represent an increase of $173,000 in operating earnings(1) and an increase of $0.01 in operating earnings per... More