RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Union Bankshares Revenue 2024

Union Bankshares Revenue

67.01 M USD

Union Bankshares Dividend yield

9.09 %

Ticker

UNB

ISIN

US9054001071

WKN

A0EAFD

In 2024, Union Bankshares's sales reached 67.01 M USD, a 26.58% difference from the 52.94 M USD sales recorded in the previous year.

The Union Bankshares Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
202367.01-
202252.94-
202152.23-
202052.75-
201946.33-
201841.65-
201738.42-
201636.98-
201534.93-
201433.76-
201332.99-
201235.56-
201130.8-
201028.56-
200928.74-
200829.56-
200730.52-
200629.26-
200526.31-
200423.95-

Union Bankshares Aktienanalyse

What does Union Bankshares do?

Union Bankshares Inc is an American financial company headquartered in Richmond, Virginia. The company was founded in 1902 as Union Bank in Blackstone, Virginia. Over the years, Union Bankshares Inc has continuously evolved and expanded and is now one of the largest regional banks in the country. The core business of Union Bankshares Inc is banking. The company offers a variety of financial services, including deposit products such as savings and checking accounts, credit products such as mortgages and loans for businesses and individuals, as well as investment and asset management services. Union Bankshares Inc operates numerous branches in Virginia and Maryland, providing personalized advice and support to customers. The company also operates an online banking platform and a mobile application that allows customers to manage their accounts from anywhere. The company is divided into various business segments, including: - Retail Banking: Retail Banking offers a comprehensive portfolio of banking products and services. - Commercial Banking: Commercial Banking provides financial services for medium-sized businesses, including loans, succession planning, and cash management services. - Wealth Management: Wealth Management offers a wide range of investment advisory and asset management services. - Insurance Agency: The insurance agency of Union Bankshares Inc offers a variety of insurance products, including auto insurance, homeowners insurance, and business insurance. An important part of Union Bankshares Inc's business model is to work closely with local communities. The company aims to play a significant role in every area where it operates and actively participate in charitable initiatives and projects. This strong connection to communities is also reflected in the numerous products specifically developed by the company for local entrepreneurs and small business owners. For example, the company has a special financing solution for start-ups focusing on job creation in the retail sector. Union Bankshares Inc has achieved solid growth in recent years. A significant step in this direction was the acquisition of Xenith Bankshares in 2019. This merger allowed the company to expand its regional footprint and enter new markets. Union Bankshares Inc aims to continue growing organically and through targeted acquisitions. Overall, Union Bankshares Inc is a highly diversified financial company that offers a wide range of products and services. The company is deeply rooted in the local community and is committed to future-oriented projects and initiatives. With its strong growth potential and support for small businesses, it is an important player in regional financial markets. Union Bankshares ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Union Bankshares's Sales Figures

The sales figures of Union Bankshares originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Union Bankshares’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Union Bankshares's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Union Bankshares’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Union Bankshares Stock

How much revenue did Union Bankshares generate this year?

Union Bankshares has achieved a revenue of 67.01 M USD this year.

How much was the turnover of the company Union Bankshares compared to the previous year?

The revenue of Union Bankshares has increased by 26.58% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Union Bankshares?

The revenue of Union Bankshares is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Union Bankshares measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Union Bankshares so important for investors?

The revenue of Union Bankshares is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Union Bankshares pay?

Over the past 12 months, Union Bankshares paid a dividend of 2.16 USD . This corresponds to a dividend yield of about 9.09 %. For the coming 12 months, Union Bankshares is expected to pay a dividend of 2.16 USD.

What is the dividend yield of Union Bankshares?

The current dividend yield of Union Bankshares is 9.09 %.

When does Union Bankshares pay dividends?

Union Bankshares pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Union Bankshares?

Union Bankshares paid dividends every year for the past 20 years.

What is the dividend of Union Bankshares?

For the upcoming 12 months, dividends amounting to 2.16 USD are expected. This corresponds to a dividend yield of 9.09 %.

In which sector is Union Bankshares located?

Union Bankshares is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Union Bankshares kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Union Bankshares from 5/2/2024 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.

When did Union Bankshares pay the last dividend?

The last dividend was paid out on 5/2/2024.

What was the dividend of Union Bankshares in the year 2023?

In the year 2023, Union Bankshares distributed 2.1 USD as dividends.

In which currency does Union Bankshares pay out the dividend?

The dividends of Union Bankshares are distributed in USD.

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Andere Kennzahlen von Union Bankshares

Our stock analysis for Union Bankshares Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Union Bankshares Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.