C - Union Bankshares Is Underperforming But I'm Still Buying More
Abstract
Union Bankshares Corp. (UBSH), a Richmond, Virginia-based bank holding company, falls short of peers and other industry players on valuation and performance metrics, but thanks to the laser-focused commitment to the Virginia market and the networking benefits of its key personnel, UBSH has the opportunity to corner one of the most dynamic and fast-growing economic markets in the United States.
Industry Comparison
Union Bankshares currently lags the industry on most valuation and performance metrics. 3Q18 reported ROA and ROE were 1.05x and 8.03x respectively, which is below the industry benchmark of