Union Bankshares, Inc. (NASDAQ: UNB) reported net income of $3.8 million, or $0.77 per share, for the third quarter of 2026. This figure represents an increase of $332,000 compared to the same period in 2025, where net income was $3.4 million, or $0.75 per share. For the nine months ended September 30, 2026, the company reported net income of $9.7 million, or $2.03 per share, up from $8.3 million, or $1.83 per share, during the same period in 2025.
The company’s total assets grew to $1.64 billion as of September 30, 2026, an increase of $62.6 million, or 4.0%, compared to the prior year. This growth was driven by increases in the securities and loan portfolios. Investment securities rose to $282.0 million, an increase of $19.7 million, while total loans reached $1.23 billion.
On October 21, 2026, the Board of Directors declared a regular quarterly cash dividend of $0.36 per share. This dividend is payable on November 5, 2026, to shareholders of record as of October 31, 2026.
The company’s balance sheet also showed a total of $1.25 billion in deposits as of September 30, 2026, which included purchased brokered deposits of $110.8 million. Borrowed funds totaled $271.1 million, consisting of Federal Home Loan Bank advances of $241.1 million and Federal Reserve borrowings of $30.0 million.
