Union First Market Bankshares (UBSH) Declares $0.19 Quarterly Dividend; 2.9% Yield
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Union Bankshares Reports Second Quarter Results and Declares Quarterly Dividend
July 22, 2016 7:31 AM EDTRICHMOND, Va., July 22, 2016 (GLOBE NEWSWIRE) -- Union Bankshares Corporation (the Company or Union) (NASDAQ: UBSH) today reported net income of $19.3 million and earnings per share of $0.44 for its second quarter ended June 30, 2016. The quarterly results represent an increase of $2.4 million, or 14.0%, in net income and an increase of $0.06, or 15.8%, in earnings per share from the first quarter. For the six months ended June 30, 2016, net income was $36.3 million and earnings per share was $0.82, an increase of 16.9% and 18.8%, respectively, compared to the results from the six months ended June 30, 2015.
Union also declared a quarterly dividend of $0.19 per... More
