Union Bankshares ROA 2024

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.

ROA Details

Understanding Union Bankshares's Return on Assets (ROA)

Union Bankshares's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Union Bankshares's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Union Bankshares's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Union Bankshares’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Union Bankshares Stock

What is the Return on Assets (ROA) of Union Bankshares this year?

The Return on Assets (ROA) of Union Bankshares is 0.01 undefined this year.

What was the ROA of Union Bankshares compared to the previous year?

The ROA of Union Bankshares has increased by -18.84% compared to the previous year.

What consequences do high ROA have for investors of Union Bankshares?

A high ROA is advantageous for investors of Union Bankshares, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Union Bankshares?

A low ROA can be unfavorable for investors of Union Bankshares as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Union Bankshares affect the company?

An increase in ROA of Union Bankshares can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Union Bankshares impact the company?

A reduction in the ROA of Union Bankshares can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Union Bankshares?

Some factors that can influence the ROA of Union Bankshares include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Union Bankshares important for investors?

The ROA of Union Bankshares is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Union Bankshares take to improve ROA?

To improve ROA, Union Bankshares can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 8.25 %. 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 8.25 %.

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 8.25 %.

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.