Union Bankshares (UNB) Q2 Net Jumps 19%

Union Bankshares (NASDAQ:UNB), a community-focused bank serving Northern Vermont and New Hampshire, announced its earnings results for the second quarter of fiscal 2025 on August 7, 2025. The company reported net income of $2.4 million (GAAP). Net income showed a meaningful year-over-year increase. No consensus analyst estimates were available, but the company’s results compared favorably to its performance in Q2 2024, with notable improvements in earnings per share and asset growth. The quarter demonstrated continued expansion in key banking metrics and operational stability amid a competitive landscape.Union Bankshares (NASDAQ:UNB) is a bank holding company with operations centered in local, relationship-driven community banking. Its core business includes traditional lending, deposit services, and wealth management, primarily within small-town markets in Vermont and New Hampshire. The bank makes community development and customer service its central focus, using local expertise and personal relationships to compete against larger regional and national institutions.In recent years, the company has emphasized responsible growth, risk discipline, and investment in employee development. Central to its strategy are five themes: managing net interest income, maintaining regulatory compliance, bolstering human capital, reinforcing community relationships, and sustaining competitive positioning. Success depends on the bank’s ability to balance interest rate sensitivity, expense control, and targeted product offerings that reflect the needs of its local customer base.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool