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Companies / Financials / Union Bankshares, Inc.
UNB

Union Bankshares, Inc.

FinancialsBanks & Brokers
Ticker UNBMORRISVILLE, VTFiscal year ends DecemberBook value per share $19.07Diluted shares 4.7M

Union Bankshares, Inc. (Nasdaq: UNB) is a one-bank holding company whose sole subsidiary, Union Bank, operates a community banking business serving individuals, businesses, nonprofits, municipalities and school districts in northern Vermont and northern New Hampshire. Its services include retail and commercial… From the company’s description.

Over the twelve months to Jun 30, 2026, Union Bankshares, Inc. reported revenue of $57.22M, up 14.0% from a year earlier, and net income of $12.11M. Its pre-tax margin was 23.4%. In fiscal 2025, it reported revenue of $54.48M, up 13.3% from fiscal 2024, and net income of $11.08M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$54.48MFY2025
+13.3% year over year
Last 12 mo $57.22M
22.04%FY2025
+3.1 percentage points
Last 12 mo 23.45%
$11.08MFY2025
+26.5% year over year
Last 12 mo $12.11M
13.70%FY2025
+0.5 percentage points
Last 12 mo 13.40%
Cash & financing
$17.23MFY2025
+41.8% year over year
Last 12 mo $22.42M
$15.97MFY2025
+44.2% year over year
Last 12 mo $20.88M
15.23FY2025
Was 17.83× a year earlier
Last 12 mo 12.28
4.6MFY2025
+0.8% year over year
Last 12 mo 4.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Union Bankshares, Inc. does

In the company’s own words

Union Bankshares, Inc. (Nasdaq: UNB) is a one-bank holding company whose sole subsidiary, Union Bank, operates a community banking business serving individuals, businesses, nonprofits, municipalities and school districts in northern Vermont and northern New Hampshire. Its services include retail and commercial banking, municipal financing, residential and commercial real estate lending, small-business loans, deposit accounts, digital banking, and wealth management and trust services. The company has one reportable business segment, Union Bank, which delivers services through 18 branches, three loan centers, ATMs and digital channels. Union Bankshares was formed in 1982 to serve as the holding company for Union Bank, which was chartered in 1891; it expanded into New Hampshire through branch acquisitions and openings. At December 31, 2025, Union employed 195 full-time employees. Its website is www.ublocal.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
MORRISVILLE, VT
Fiscal year end
December
CIK
706863
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-5.72M$11.44M$28.61M$45.78M$62.94M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Union Bankshares, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

52
funds hold it
0 of 35
superinvestors hold it
$7.86M
held by funds, at market
6.6%
of shares held by funds

Largest fund holders · Union Bankshares, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Union Bankshares, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Union Bankshares, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Union Bankshares, Inc.'s last four quarterly filings that the numbers alone won't show?”
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