Union Bankshares (UNB) Q4 2025 earnings summary

Executive summary

• Net income for Q4 2025 was $2.7 million ($0.60/share), down from $3.0 million ($0.67/share) in Q4 2024; full-year 2025 net income was $11.1 million ($2.43/share), up from $8.8 million ($1.94/share) in 2024.

• Q4 2024 earnings were impacted by a $1.3 million pre-tax loss from a strategic sale of lower-yielding securities.

• Board declared a $0.36/share quarterly cash dividend, payable February 5, 2026.

Financial highlights

• Total assets grew 5.8% year-over-year to $1.62 billion as of December 31, 2025.

• Investment securities increased 30.1% to $328.3 million; loans grew 1.5% to $1.2 billion.

• Net interest income rose 12.1% to $43.0 million for 2025; interest income up 11.5%, interest expense up 10.7%.

• Noninterest income was $11.5 million for 2025, up from $11.0 million (excluding bond sale) in 2024.

• Noninterest expenses increased 9.7% to $41.7 million, driven by higher salaries, benefits, and other costs.

Outlook and guidance

• Management highlights a disciplined approach to growth and a strong credit culture, aiming for sustainable momentum into 2026.