Union First Market Bankshares (UBSH) Tops Q1 EPS by 2c

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Go back to Union First Market Bankshares (UBSH) Tops Q1 EPS by 2c

Union Bankshares Reports First Quarter Results

April 20, 2016 7:30 AM EDT

RICHMOND, Va., April 20, 2016 /PRNewswire/ -- Union Bankshares Corporation (the "Company" or "Union") (NASDAQ: UBSH) today reported net income of $17.0 million and earnings per share of $0.38 for its first quarter ended March 31, 2016.  The quarterly results represent an increase of $1.3 million, or 8.0%, in net income from the first quarter of 2015 and a decrease of $853,000, or 4.8%, in net income from the prior quarter.  Earnings per share of $0.38 for the current quarter represent an increase of $0.03, or 8.6%, in earnings per share from the first quarter of 2015 and a decrease of $0.02, or 5.0%, in earnings per share... More