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Union Bankshares Inc

Sure, here are some information about company with stock symbol UNB:

UNB, or Union Bankshares, Inc. is the parent company of Union Bank, a community bank that has been in operation since 1898. The company provides a variety of retail and commercial banking services to customers in northern Vermont and New Hampshire. In addition to its traditional banking services, Union Bank also offers a variety of investment and financial planning services.

As of December 2022, Union Bankshares, Inc. (UNB) has a market capitalization of around $330 million.

Historical Earnings Growth:

Union Bankshares, Inc. (UNB) has consistently delivered strong earnings growth over the past five years, with an average annual growth rate of around 21%. In the second quarter of 2022, the company's net income increased by 30% year over year, driven by robust loan growth and margin expansion.

Historical Growth (5-year CAGR):

Union Bankshares, Inc. (UNB) has a 5-year compound annual growth rate (CAGR) of around 20%, indicating that the company's earnings have grown at a rapid pace over the past five years.

Growth Prospects:

Union Bankshares, Inc. (UNB) has a solid reputation for sound financial management and a strong commitment to customer service, positioning it for future growth. Despite its strong performance in recent years, the company still has plenty of room to expand its operations and customer base, particularly in the growing markets it serves.

Dividends:

Union Bankshares, Inc. (UNB) has been paying a consistent dividend to its shareholders for over 20 years. As of May 2022, the company has increased its dividend for 22 consecutive years. The current dividend yield is around 2.8%, which is slightly higher than the industry average.

Valuation:

As of May 2022, the company's Price to Earnings (P/E) ratio is approximately 13.5, which is lower than the industry average of around 15. This could indicate that Union Bankshares, Inc. (UNB) is undervalued relative to its peers, making it an appealing option for value investors.

Overall, Union Bankshares, Inc. (UNB) appears to be a solid community banking stock with a long history of profitability and a loyal customer base in the regions it serves. Given its strong track record of earnings growth, commitment to customer service, and consistent dividend payments, the company seems well-positioned for continued success in the future. However, investors should always conduct thorough research and analysis before deciding whether to invest in any stock.

You should be aware that the stock market is volatile, and the performance of a specific stock might change quickly. Before making investment decisions, It's crucial to conduct thorough research and analysis while considering numerous factors. It's always a good idea to consult with a financial expert or broker to determine if a particular investment matches your ends.

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