Union Bankshares Q2 net income +22% to $2.9M; margin expands 12bp; raises $7.4M equity

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 13, 2025 · ~1 min read

Key Changes

• high

  Net income rose 22.1% to $2.9M in Q2 2026, accelerating from 18.6% growth in Q2 2025, driven by higher net interest income and improved margin.

  MD&A: Net income growth verify on EDGAR →
• high

  Net interest margin expanded 12 basis points to 3.01%, up from an 8bp gain in the prior year, as investment portfolio yields rose 73bp following a $75M securities purchase in Q4 2025.

  MD&A: Net interest margin expansion verify on EDGAR →
• high

  Company issued 327,806 shares for $7.4M net proceeds via at-the-market offering in H1 2026, versus only $52K in H1 2025, strengthening capital ratios despite a lower average sale price of $23.51 per share.

  MD&A: At-the-market equity offering verify on EDGAR →