Union Bankshares Inc   (UNB)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

revenue and Profits Increased at the UNB all along the fiscal fourth quarter of 2022

company recorded fourth quarter of 2022 operating profit of $4.261 million

Published Mar 25 2023
Goran Soko / CSIMarket.com Contributer

PNC_bank_ATMs_By_myself_ (UserPiotrus)_(Own_work)[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons company published moderate Revenue advance of 1.435 % to $12.65 million in the most recent fiscal period, earnings grew modest by 1.33 % to $0.75 year on year.

Revenue decreased by -1.991 % from $12.91 million in previous period, income earnings per share decreased by -9.11 % from $0.83 per share.

Net income of $7.705 million in the most recent fiscal period fell by -46.47 % from $14.395 million in the corresponding period a year before. Union Bankshares Inc shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 60.91%.
Operating earnings, however, rose 6.37% to $4.261 million. Observing deeper the financial numbers for the fiscal period 2022, company announced revenue of $48.41 million and net profits of $27.86 million.

Regional Banks company explained as well, that Eps decreased by -4.45 % to $2.79 per share from $2.92 in the preceding fiscal period , told further, that Revenue decreased by -0.53 % from $48.67 million a year before.

Union Bankshares Inc is expected to report next financial recent numbers on May 01, 2023.

Union Bankshares Inc's Inventory Turnover Ratio

Union Bankshares Inc's Operating Margin


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