Union Bankshares Q2 net income rises 18.6%

Reuters

07/17

Union Bankshares <a href="https://laohu8.com/S/QTWO">Q2</a> net income rises 18.6%

Overview

Union Bankshares Q2 Consolidated net income rises 18.6% yr/yr
Total assets increase 5.9% yr/yr, primarily due to 9.8% loan growth
Company declares regular quarterly cash dividend of $0.36 per share

Outlook

Company cites economic uncertainty in future
Union Bankshares highlights strong asset quality amid economic uncertainties

Result Drivers

LOAN GROWTH - Total loans increased by 9.8%, driving asset growth, per company statement
INTEREST INCOME - Interest income rose 13.1% due to higher yields on earning assets, according to company
ASSET QUALITY - Strong asset quality maintained with minimal past due loans, despite economic uncertainties

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 EPS		$0.53
Q2 Net Income		$2.40 mln
Q2 Dividend		$0.36

Press Release: ID:nGNXdYwxd

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UNB","symbol_name":"Union Bnkshrs","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250716:nPLXD88B3E:1","article_id":"2552173624","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552173624","pubTimestamp":1752700739,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Union Bankshares Q2 net income rises 18.6%OverviewUnion Bankshares Q2 Consolidated net income rises 18.6% yr/yrTotal assets increase 5.9% yr/yr, primarily due to 9.8% loan growthCompany declares regul","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UNB":"Union Bnkshrs","BK4211":"区域性银行"},"translate_title":"Union Bankshares第二季度净利润增长18.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UNB":0.9},"content_text":"Union Bankshares Q2 net income rises 18.6%OverviewUnion Bankshares Q2 Consolidated net income rises 18.6% yr/yrTotal assets increase 5.9% yr/yr, primarily due to 9.8% loan growthCompany declares regular quarterly cash dividend of $0.36 per shareOutlookCompany cites economic uncertainty in futureUnion Bankshares highlights strong asset quality amid economic uncertaintiesResult DriversLOAN GROWTH - Total loans increased by 9.8%, driving asset growth, per company statementINTEREST INCOME - Interest income rose 13.1% due to higher yields on earning assets, according to companyASSET QUALITY - Strong asset quality maintained with minimal past due loans, despite economic uncertaintiesKey DetailsMetricBeat/MissActualConsensus EstimateQ2 EPS$0.53Q2 Net Income$2.40 mlnQ2 Dividend$0.36Press Release: ID:nGNXdYwxd(This story was created using Reuters automation and AI based on LSEG and company data. 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