Union Bankshares (UNB) Declares $0.35 Quarterly Dividend; 5.4% Yield

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Union Bankshares Announces Earnings for the three months and six months ended June 30, 2022 and Declares Quarterly Dividend

July 20, 2022 4:28 PM EDT

MORRISVILLE, Vt., July 20, 2022 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three and six months ended June 30, 2022 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2022 was $2.9 million, or $0.65 per share, compared to $3.0 million, or $0.67 cents per share, for the same period in 2021, and $5.4 million, or $1.20 per share, for the six months ended June 30, 2022, compared to $5.9 million, or $1.31 per share for the same period in 2021.

Second Quarter Highlights

Consolidated net income decreased $60 thousand, or 2.0%, to... More