Union Bankshares (UNB) Declares $0.29 Quarterly Dividend; 2.7% Yield
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Union Bankshares Announces First Quarter Ended March 31, 2017 Earnings and Quarterly Dividend Payment
April 19, 2017 12:46 PM EDTMORRISVILLE, Vt., April 19, 2017 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ: UNB) today announced results for the three months ended March 31, 2017. Consolidated net income for the first quarter of 2017 was $1.9 million, or $0.43 per share, compared to $1.8 million, or $0.39 per share, for the same period in 2016.
Net interest income was $6.3 million for the quarter ended March 31, 2017, compared to $5.9 million for the same period in 2016, an increase of $367 thousand, or 6.2%. The positive trend in net interest income was supplemented by a reduction in the provision for loan losses of $75 thousand and an... More
