UNB

UNION BANKSHARES INC
7 filings tracked
financialsasset managementSMALL ($300M-2B)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

Union Bankshares delivered a standout first quarter in 2026, signaling a clear inflection point in profitability. Net income surged 20.1% year-over-year to $3.0 million, with earnings per share climbing to $0.65.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the headline earnings growth, Union Bankshares faces several structural vulnerabilities.…

Risk Factors

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Synthesis (Verdict & Resolution)

The first quarter results for Union Bankshares present a dichotomy between immediate profitability and long-term balance sheet stress. While the 20% jump in net income and improved net interest margin suggest a successful navigation of the current rate cycle, the underlying data reveals a tightening liquidity position and a growing reliance on wholesale funding to support asset growth. Investors must weigh the bank's strong current earnings and dividend consistency against the looming reset of its subordinated notes and the substantial unrealized losses in its investment portfolio. The overall impact of the filing suggests a company that is operating efficiently in the short term but remains sensitive to macroeconomic shocks and interest rate volatility that could trigger a liquidity event or a sharp increase in funding costs.

Selected Quarter

Core Takeaway

Union Bankshares is successfully growing earnings and margins, but its reliance on wholesale funding and a portfolio of unrealized losses create a fragile foundation.

Investor Lens

The trade-off is between strong current dividend yield and earnings growth versus the risk of a capital hit from security sales or rising FHLB costs.

Watch Next

The September 2026 reset of the $16.5 million subordinated notes to a floating SOFR rate.

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.30Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%
bullishMay 8

Net income grew 20.1% year-over-year to $3.0 million.

earnings beat
80%
bullishMay 8

Net interest margin increased by 11 basis points to 2.99%.

margin expansion
60%
bearishMay 8

Subordinated notes due for floating rate reset in September 2026.

debt restructure
50%

Filing History

10-QMay 8, 2026
Expand Sequence

The first quarter results for Union Bankshares present a dichotomy between immediate profitability and long-term balance sheet stress. While the 20% jump in net income and improved net interest margin suggest a successful navigation of the current rate cycle, the underlying data reveals a tightening liquidity position and a growing reliance on wholesale funding to support asset growth. Investors must weigh the bank's strong current earnings and dividend consistency against the looming reset of its subordinated notes and the substantial unrealized losses in its investment portfolio. The overall impact of the filing suggests a company that is operating efficiently in the short term but remains sensitive to macroeconomic shocks and interest rate volatility that could trigger a liquidity event or a sharp increase in funding costs.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.