AP NEWS

Union Bankshares: 4Q Earnings Snapshot

January 16, 2019

MORRISVILLE, Vt. (AP) _ Union Bankshares Inc. (UNB) on Wednesday reported a fourth-quarter loss of $436,000, after reporting a profit in the same period a year earlier.

The Morrisville, Vermont-based bank said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

For the year, the company reported profit of $7.1 million, or $1.58 per share.

Union Bankshares shares have declined roughly 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $46.01, a drop of nearly 9 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNB at https://www.zacks.com/ap/UNB

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