Union Bankshares Inc - Understand $unb stock

$UNB Market Cap: $138.7 Million

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Financial Snapshot

Revenue

$64.78M

TTM

Gross Margin

Net Earnings

$8.809M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$1.519B

Q3 2024

Total Liabilities

$1.447B

Q3 2024

Book Value

$72.30M

Q3 2024

Cash

$47.26M

Q3 2024

P/E

15.75

Nov 13, 2024 EST

Free Cash Flow

$6.585M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$57.11M	$43.95M	$39.27M	$36.75M	$35.87M	$32.18M	$29.02M	$26.84M	$25.14M	$24.85M	$24.48M	$25.03M	$23.67M	$22.91M
YoY Change	29.95%	11.9%	6.87%	2.45%	11.47%	10.9%	8.13%	6.73%	1.17%	1.52%	-2.19%	5.74%	3.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$57.11M	$43.95M	$39.27M	$36.75M	$35.87M	$32.18M	$29.02M	$26.84M	$25.14M	$24.85M	$24.48M	$25.03M	$23.67M	$22.91M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.639M	$1.801M	$1.900M	$2.060M	$1.740M	$1.390M	$1.390M	$1.430M	$1.250M	$1.150M	$1.070M	$1.060M	$790.0K	$660.0K	$710.0K	$780.0K	$760.0K	$780.0K	$770.0K	$700.0K	$650.0K	$660.0K	$610.0K	$790.0K	$870.0K	$790.0K
YoY Change	-9.0%	-5.21%	-7.77%	18.39%	25.18%	0.0%	-2.8%	14.4%	8.7%	7.48%	0.94%	34.18%	19.7%	-7.04%	-8.97%	2.63%	-2.56%	1.3%	10.0%	7.69%	-1.52%	8.2%	-22.78%	-9.2%	10.13%	38.6%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$19.27M	$4.524M	$3.565M	$5.147M	$5.600M	$3.581M	$2.255M	$2.061M	$2.025M	$2.155M	$2.459M	$3.351M	$3.908M	$4.117M
YoY Change	325.88%	26.9%	-30.74%	-8.09%	56.38%	58.8%	9.41%	1.78%	-6.03%	-12.36%	-26.62%	-14.25%	-5.08%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Pretax Income	$12.88M	$15.25M	$15.82M	$15.22M	$12.48M	$8.259M	$12.05M	$11.11M	$10.54M	$9.667M	$8.997M	$8.507M	$6.338M	$7.289M	$6.650M	$6.130M	$7.620M	$8.440M	$8.700M	$8.290M	$7.590M	$7.250M	$6.820M	$6.630M	$5.890M	$6.610M
YoY Change	-15.54%	-3.62%	3.91%	22.01%	51.08%	-31.47%	8.49%	5.39%	9.04%	7.45%	5.76%	34.22%	-13.05%	9.61%	8.48%	-19.55%	-9.72%	-2.99%	4.95%	9.22%	4.69%	6.3%	2.87%	12.56%	-10.89%	4.92%
Income Tax	$1.620M	$2.632M	$2.646M	$2.419M	$1.830M	$1.187M	$3.603M	$2.598M	$2.663M	$1.973M	$1.862M	$1.663M	$1.119M	$1.702M	$1.420M	$1.020M	$1.960M	$2.180M	$2.460M	$2.460M	$2.210M	$2.070M	$1.980M	$1.830M	$1.820M	$2.060M
% Of Pretax Income	12.58%	17.26%	16.73%	15.89%	14.67%	14.37%	29.9%	23.39%	25.26%	20.41%	20.7%	19.55%	17.66%	23.35%	21.35%	16.64%	25.72%	25.83%	28.28%	29.67%	29.12%	28.55%	29.03%	27.6%	30.9%	31.16%
Net Earnings	$11.26M	$12.62M	$13.17M	$12.81M	$10.65M	$7.072M	$8.449M	$8.511M	$7.878M	$7.694M	$7.135M	$6.844M	$5.219M	$5.587M	$5.230M	$5.110M	$5.660M	$6.260M	$6.240M	$5.830M	$5.390M	$5.180M	$4.830M	$4.800M	$4.070M	$4.550M
YoY Change	-10.76%	-4.21%	2.85%	20.26%	50.57%	-16.3%	-0.73%	8.04%	2.39%	7.83%	4.25%	31.14%	-6.59%	6.83%	2.35%	-9.72%	-9.58%	0.32%	7.03%	8.16%	4.05%	7.25%	0.63%	17.94%	-10.55%	4.36%
Net Earnings / Revenue	19.71%	28.7%	33.53%	34.84%	29.68%	21.98%	29.12%	31.71%	31.33%	30.96%	29.15%	27.35%	22.05%	24.39%
Basic Earnings Per Share	$2.50	$2.81	$2.94	$2.86	$2.38	$1.58	$1.89	$1.91	$1.77	$1.73	$1.60	$1.54	$1.17	$1.25
Diluted Earnings Per Share	$2.48	$2.81	$2.92	$2.85	$2.38	$1.582M	$1.895M	$1.908M	$1.767M	$1.724M	$1.601M	$1.534M	$1.170M	$1.253M	$1.170M	$1.138M	$1.252M	$1.379M	$1.371M	$1.281M	$1.185M	$1.141M	$1.062M	$1.057M	$896.5K	$1.004M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$23.22M	$20.48M	$23.20M	$21.80M	$22.80M	$16.10M	$14.30M	$13.50M	$13.10M	$11.90M	$10.70M	$10.30M	$9.200M	$7.800M	$7.600M	$7.500M	$6.500M	$6.100M	$5.900M	$5.100M	$4.400M	$4.600M	$4.200M	$4.000M	$4.000M	$4.600M
YoY Change	13.39%	-11.73%	6.42%	-4.39%	41.61%	12.59%	5.93%	3.05%	10.08%	11.21%	3.88%	11.96%	17.95%	2.63%	1.33%	15.38%	6.56%	3.39%	15.69%	15.91%	-4.35%	9.52%	5.0%	0.0%	-13.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.500M	$1.264M	$1.100M	$1.000M	$700.0K	$600.0K
YoY Change	18.67%	14.91%	10.0%	42.86%	16.67%
Other Assets	$8.841M	$10.03M	$200.0K	-$500.0K	-$800.0K	$200.0K	$800.0K	$1.300M	$1.400M	$1.200M	$400.0K
YoY Change	-11.86%	4915.5%	-140.0%	-37.5%	-500.0%	-75.0%	-38.46%	-7.14%	16.67%	200.0%
Total Long-Term Assets
YoY Change
Total Assets	$1.469B	$1.336B	$1.205B	$1.094B	$872.9M	$805.3M	$745.8M	$691.4M	$628.9M	$624.1M	$585.4M	$577.3M	$552.8M	$453.0M	$447.5M	$440.1M	$393.3M	$381.1M	$374.7M	$359.5M	$356.6M	$343.5M	$337.5M	$303.4M	$295.5M	$290.1M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$15.53M	$13.06M	$9.800M	$11.20M	$9.900M	$6.300M	$8.000M	$5.800M	$5.300M	$5.400M	$4.100M	$3.700M	$4.300M	$3.200M	$3.500M	$3.900M	$5.600M	$3.500M	$3.600M	$2.600M	$3.000M	$3.800M	$4.200M	$3.100M	$2.800M	$3.400M
YoY Change	18.96%	33.24%	-12.5%	13.13%	57.14%	-21.25%	37.93%	9.43%	-1.85%	31.71%	10.81%	-13.95%	34.38%	-8.57%	-10.26%	-30.36%	60.0%	-2.78%	38.46%	-13.33%	-21.05%	-9.52%	35.48%	10.71%	-17.65%
Deferred Revenue
YoY Change
Short-Term Debt						$400.0K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$15.53M	$13.06M	$9.800M	$11.20M	$9.900M	$6.300M	$8.000M	$5.800M	$5.300M	$5.400M	$4.100M	$3.700M	$4.300M	$3.200M	$3.500M	$3.900M	$5.600M	$3.500M	$3.600M	$2.600M	$3.000M	$3.800M	$4.200M	$3.100M	$2.800M	$3.400M
YoY Change	18.96%	33.24%	-12.5%	13.13%	57.14%	-21.25%	37.93%	9.43%	-1.85%	31.71%	10.81%	-13.95%	34.38%	-8.57%	-10.26%	-30.36%	60.0%	-2.78%	38.46%	-13.33%	-21.05%	-9.52%	35.48%	10.71%	-17.65%
Long-Term Debt	$16.24M	$16.20M	$16.20M	$0.00	$0.00	$0.00	$31.60M	$31.60M	$9.600M	$15.10M	$13.20M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.21%	0.03%				-100.0%	0.0%	229.17%	-36.42%	14.39%
Other Long-Term Liabilities												$2.800M	$5.700M	$2.500M	$3.000M	$5.200M	$1.300M	$1.300M
YoY Change												-50.88%	128.0%	-16.67%	-42.31%	300.0%	0.0%
Total Long-Term Liabilities	$16.24M	$16.20M	$16.20M	$0.00	$0.00	$0.00	$31.60M	$31.60M	$9.600M	$15.10M	$13.20M	$2.800M	$5.700M	$2.500M	$3.000M	$5.200M	$1.300M	$1.300M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.21%	0.03%				-100.0%	0.0%	229.17%	-36.42%	14.39%	371.43%	-50.88%	128.0%	-16.67%	-42.31%	300.0%	0.0%
Total Liabilities	$1.403B	$1.281B	$1.121B	$1.013B	$801.1M	$740.8M	$687.2M	$635.1M	$575.3M	$572.6M	$535.6M	$532.2M	$512.4M	$411.3M	$406.3M	$401.0M	$351.2M	$339.2M	$333.1M	$317.1M	$315.6M	$304.3M	$300.3M	$268.2M	$263.3M	$258.4M
YoY Change	9.51%	14.29%	10.69%	26.41%	8.14%	7.8%	8.2%	10.39%	0.47%	6.91%	0.64%	3.86%	24.58%	1.23%	1.32%	14.18%	3.54%	1.83%	5.05%	0.48%	3.71%	1.33%	11.97%	1.86%	1.9%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	4.509M shares	4.496M shares	4.484M shares	4.475M shares	4.468M shares	4.466M shares	4.462M shares	4.459M shares	4.458M shares	4.458M shares	4.457M shares	4.457M shares	4.457M shares
Diluted Shares Outstanding	4.537M shares	4.514M shares	4.509M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $138.75 Million

About UNION BANKSHARES INC

Union Bankshares, Inc. is a one-bank holding company for Union Bank, which engages in the provision of retail, commercial, municipal banking, and wealth management and trust services. The company is headquartered in Morrisville, Vermont and currently employs 197 full-time employees. The company went IPO on 2000-07-13. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. The company is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.

Industry: State Commercial Banks Peers: Affinity Bancshares Inc COMMUNITY BANCORP /VT JD BANCSHARES INC PNC Financial Services Group Inc QNB Corp SOUTHERN MICHIGAN BANCORP INC United Bancorp Inc