Union Bankshares, Inc. (UNB) — Financial statements
Income statement, balance sheet, and cash flow for Union Bankshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 87↑12.0% | 78↑15.9% | 67↑26.8% | 53↑1.6% | 52 | |
| Cost of Revenue | 34↑10.0% | 31↑62.6% | 19↑314.9% | 5↑26.9% | 4 | |
| Gross Profit | 54↑13.3% | 47↓2.2% | 49↓0.1% | 49↓0.3% | 49 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 31↑16.7% | 26↑9.4% | 24↑3.5% | 23↑2.8% | 23 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 31↑16.7% | 26↑9.4% | 24↑3.5% | 23↑2.8% | 23 | |
| Other Expenses | 11↓8.2% | 12↑3.4% | 12↑15.1% | 10↓1.9% | 10 | |
| Operating Expenses | 42↑8.9% | 38↑7.5% | 36↑7.0% | 33↑1.4% | 33 | |
| Total Costs & Expenses | 75↑9.4% | 69↑26.5% | 54↑43.8% | 38↑3.9% | 36 | |
| Operating Results | ||||||
| Operating Income | 12↑31.7% | 9↓29.1% | 13↓15.5% | 15↓3.6% | 16 | |
| Depreciation & Amortization | 0.00↓100.0% | 2↓2.8% | 2↓9.0% | 2↓5.0% | 2 | |
| EBITDA | 12↑12.2% | 11↓26.1% | 15↓14.9% | 17↓3.7% | 18 | |
| EBIT | 12↑31.7% | 9↓29.1% | 13↓15.5% | 15↓3.6% | 16 | |
| Interest & Other Income | ||||||
| Net Interest Income | 43↑13.7% | 38↑0.6% | 38↓4.6% | 39↑10.4% | 36 | |
| Interest Income | 76↑12.4% | 67↑18.6% | 57↑29.4% | 44↑11.9% | 39 | |
| Interest Expense | 33↑10.8% | 30↑53.6% | 19↑325.9% | 5↑26.9% | 4 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 12↑31.7% | 9↓29.1% | 13↓15.5% | 15↓3.6% | 16 | |
| Income Tax Expense | 0.93↑151.5% | 0.37↓77.2% | 2↓38.4% | 3↓0.5% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 11↑26.7% | 9↓22.2% | 11↓10.8% | 13↓4.2% | 13 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 11↑26.7% | 9↓22.2% | 11↓10.8% | 13↓4.2% | 13 | |
| Bottom-Line Net Income | 11↑26.7% | 9↓22.2% | 11↓10.8% | 13↓4.2% | 13 | |
| EPS (Basic) | 2.43↑25.3% | 1.94↓22.4% | 2.50↓11.0% | 2.81↓4.4% | 2.94 | |
| EPS (Diluted) | 2.43↑26.6% | 1.92↓22.6% | 2.48↓11.1% | 2.79↓4.5% | 2.92 | |
| Weighted Average Shares | 5↑1.1% | 5↑0.4% | 5↑0.2% | 4↑0.3% | 4 | |
| Weighted Average Diluted Shares | 5↑0.4% | 5↑0.4% | 5↑0.5% | 5↑0.1% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.