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NASDAQ: UNB UNION BANKSHARES INC 8-K

Union Bankshares reports Q3 net income of $3.8M, declares $0.36 quarterly dividend

Filed October 21, 2026 · Period ending October 21, 2026 · ~1 min read

5 key changes 2 high relevance 2 sections

Key Changes

  • high

    Q3 2026 net income rose to $3.8 million, or $0.77 per share, from $3.4 million, or $0.75 per share, a year earlier.

  • high

    Nine-month net income increased to $9.7 million, or $2.03 per share, from $8.3 million, or $1.83 per share.

  • medium

    Board declared a regular quarterly cash dividend of $0.36 per share, payable November 5, 2026 to shareholders of record October 31, 2026.

  • medium

    Total assets grew 4.0% year over year to $1.64 billion, driven by increases in securities and loans.

  • medium

    Book value per share declined to $15.94 from $16.95, reflecting a larger accumulated other comprehensive loss on investment securities.

Summary

Union Bankshares reported third-quarter 2026 net income of $3.8 million, or $0.77 per share, up from $3.4 million, or $0.75 per share, in the same period last year. For the first nine months, net income rose to $9.7 million, or $2.03 per share, from $8.3 million, or $1.83 per share.

The improvement was driven by higher net interest income and lower credit loss expense, partially offset by lower noninterest income and higher expenses. The board also declared a regular quarterly cash dividend of $0.36 per share, payable November 5, 2026 to shareholders of record on October 31, 2026.

Total assets reached $1.64 billion as of September 30, 2026, up 4.0% from $1.57 billion a year earlier, reflecting growth in both securities and loans. However, book value per share declined to $15.94 from $16.95, as a larger accumulated other comprehensive loss of $40.7 million—up from $27.5 million—weighed on equity. The filing contains no red flags; the earnings and dividend announcement is a routine disclosure of quarterly results and a regular dividend.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~100 words

Union Bankshares announced Q3 2026 net income, EPS, and a regular quarterly cash dividend via press release.

1 Added
Added Q3 2026 earnings and dividend announcement medium

Added in current filing · verify on EDGAR →

announcing net income and net income per share for the third quarter and nine months ended September 30, 2026, as well as the declaration of a regular quarterly cash dividend.

The company issued a press release disclosing net income and net income per share for the third quarter and nine months ended September 30, 2026, along with a regular quarterly cash dividend declaration. The specific figures are contained in Exhibit 99.1, which is furnished with the filing.

Event · Exhibit 99.1

Union Bankshares reports Q3 2026 net income of $3.8M ($0.77/share) and declares a $0.36 quarterly dividend.

2 Added
Added Balance sheet growth medium

Added in current filing · view on EDGAR →

Total assets reached $1.64 billion as of September 30, 2026 from $1.57 billion as of September 30, 2025 representing growth of $62.6 million, or 4.0%.

Total assets grew 4.0% year over year to $1.64 billion, driven by increases in the securities and loan portfolios. Investment securities rose 7.5% and total loans grew by $52.5 million during the comparison period.

Added Book value per share decline medium

Added in current filing · view on EDGAR →

The Company had total stockholders' equity of $78.8 million and a book value per share of $15.94 as of September 30, 2026 compared to $77.7 million and a book value per share of $16.95 as of September 30, 2025.

While total stockholders' equity increased slightly, book value per share fell from $16.95 to $15.94. The decline was driven by a larger accumulated other comprehensive loss of $40.7 million, up from $27.5 million, related to fair market value adjustments on investment securities.

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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 22, 2026 · How we verify