Union Bankshares | 8-K: FY2025 Q3 Revenue: USD 22.56 M

Revenue: As of FY2025 Q3, the actual value is USD 22.56 M.

EPS: As of FY2025 Q3, the actual value is USD 0.75.

EBIT: As of FY2025 Q3, the actual value is USD -7.306 M.

Net Income

• Consolidated net income for the third quarter was $3.4 million, compared to $1.3 million for the same period in 2024. For the nine months ended September 30, 2025, net income was $8.3 million, up from $5.8 million in 2024.

Total Assets

• Total assets increased to $1.57 billion from $1.52 billion a year ago.

Loan Growth

• Loans grew by 5.1% to $1.18 billion.

Investment Securities

• Investment securities rose 6.4% to $262.4 million.

Deposits

• Total deposits were $1.19 billion, including purchased brokered deposits of $65.3 million.

Net Interest Income

• Net interest income was $11.2 million, an increase of 18.3% from last year.

Interest Income and Expense

• Interest income increased 11.7% to $19.2 million, while interest expense rose 3.7% to $8.1 million.

Noninterest Income and Expenses

• Noninterest income was $3.4 million, and noninterest expenses increased 9.9% to $10.3 million.

Shareholders’ Equity

• Shareholders’ equity strengthened, with book value per share rising 6.1% to $16.95 and retained earnings increasing 5.3% to $95.1 million.

Outlook / Guidance

• The company is focusing on growing core deposits to replace wholesale funding, which is helping improve financial performance. Asset quality remains strong, and management continues to monitor macroeconomic indicators to adjust reserves as needed.