UNB - Union Bankshares GAAP EPS of $0.66 revenue of $15.2M

2023-04-19 16:07:14 ET

• Union Bankshares press release ( NASDAQ: UNB ): Q1 GAAP EPS of $0.66.
• Revenue of $15.2M.
• Total assets were $1.4 billion as of March 31, 2023 compared to $1.2 billion as of March 31, 2022, an increase of $128.5 million, or 10.4%.
• Asset growth was primarily driven by loans. Total loans outstanding as of March 31, 2023 were $976.6 million, which included $2.8 million in loans held for sale, compared to $831.0 million as of March 31, 2022, with $2.3 million in loans held for sale.
• The Company had total equity capital of $60.6 million and a book value per share of $13.44 as of March 31, 2023 compared to $69.4 million and $15.45 per share as of March 31, 2022.

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