Last $22.26 USD
Change Today -1.16 / -4.95%
Volume 316.5K
UBSH On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

union bankshares corp (UBSH) Snapshot

Open
$23.05
Previous Close
$23.42
Day High
$23.25
Day Low
$22.15
52 Week High
03/17/14 - $26.72
52 Week Low
09/4/14 - $21.86
Market Cap
1.0B
Average Volume 10 Days
152.6K
EPS TTM
$1.45
Shares Outstanding
45.6M
EX-Date
08/13/14
P/E TM
15.3x
Dividend
$0.60
Dividend Yield
2.56%
Current Stock Chart for UNION BANKSHARES CORP (UBSH)

Related News

No related news articles were found.

union bankshares corp (UBSH) Related Businessweek News

No Related Businessweek News Found

union bankshares corp (UBSH) Details

Union Bankshares Corporation operates as the bank holding company for Union First Market Bank that provides banking and related financial services to consumers and businesses in the northern, central, Rappahannock, Shenandoah, Tidewater, and Northern Neck regions of Virginia. The company operates through two segments, Community Bank and Mortgage. It accepts various deposit products, such as checking, savings, NOW, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine services, Internet banking services, and online bill payment services, as well as private banking and trust services to individuals and corporations. Further, the company offers securities, brokerage, and investment advisory services; mortgage loan products principally in Virginia, Maryland, North Carolina, and South Carolina, as well as in the Mid-Atlantic and Southeast states, and in Washington, D.C.; and various insurance products, including long term care insurance and business owner policies. As of December 31, 2013, it operated 90 branches in Virginia. The company was formerly known as Union First Market Bankshares Corporation and changed its name to Union Bankshares Corporation in April 2014. Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.

1,025 Employees
Last Reported Date: 03/11/14
Founded in 1902

union bankshares corp (UBSH) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $477.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $270.3K
Executive Vice President and Director of Oper...
Total Annual Compensation: $173.6K
President of Union First Market Bank
Total Annual Compensation: $305.6K
Chief Banking Officer, Executive Vice Preside...
Total Annual Compensation: $284.8K
Compensation as of Fiscal Year 2013.

union bankshares corp (UBSH) Key Developments

Union Bankshares Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Charge-Offs for the Third Quarter Ended September 30, 2014

Union Bankshares Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest and dividend income of $69.591 million compared to $42.841 million a year ago. Net interest income was $64.479 million compared to $37.858 million a year ago. Income before income taxes was $19.500 million compared to $11.142 million a year ago. Net income was $14.924 million or $0.33 per basic and diluted share compared to $7.946 million or $0.32 per basic and diluted share a year ago. Net operating earnings were $16.026 million compared to $8.417 million a year ago. ROA was 0.82% compared to 0.78% a year ago. ROE was 6.04% compared to 7.31% a year ago. ROTCE was 9.14% compared to 8.79% a year ago. Non-GAAP operating net income was $16.026 million or $0.35 per diluted share against $8.417 million or $0.34 per diluted share a year ago. Operating return on average assets was 0.88% against 0.83% a year ago. Operating return on average equity was 6.49% against 7.74% a year ago. For the nine months, the company reported total interest and dividend income of $206.434 million compared to $128.812 million a year ago. Net interest income was $191.953 million compared to $113.014 million a year ago. Income before income taxes was $49.121 million compared to $36.598 million a year ago. Net income was $37.519 million or $0.81 per basic and diluted share compared to $26.392 million or $1.06 per basic and diluted share a year ago. Net operating earnings were $50.680 million compared to $27.783 million a year ago. ROA was 0.69% compared to 0.87% a year ago. ROE was 5.09% compared to 8.12% a year ago. ROTCE was 7.71% compared to 9.78% a year ago. Book value per common share was $21.58 compared to $17.52 a year ago. Tangible book value per common share was $14.27 compared to $14.60 a year ago. Non-GAAP operating net income was $50.680 million or $1.09 per diluted share against $27.783 million or $1.11 per diluted share a year ago. Operating return on average assets was 0.93% against 0.92% a year ago. Operating return on average equity was 6.88% against 8.55% a year ago. For the third quarter ended September 30, 2014, net charge-offs were $1.1 million compared to $2.3 million for the same quarter last year.

Union Bankshares Corporation to Report Q3, 2014 Results on Oct 22, 2014

Union Bankshares Corporation announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 22, 2014

Union Bankshares Corporation, Q3 2014 Earnings Call, Oct 22, 2014

Union Bankshares Corporation, Q3 2014 Earnings Call, Oct 22, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UBSH:US $22.26 USD 0.00

UBSH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Capital Bank Financial Corp $24.42 USD +0.25
NBT Bancorp Inc $23.48 USD -0.46
Park National Corp $77.70 USD -1.05
Renasant Corp $27.96 USD -0.29
United Community Banks Inc/GA $16.08 USD -0.36
View Industry Companies
 

Industry Analysis

UBSH

Industry Average

Valuation UBSH Industry Range
Price/Earnings 20.7x
Price/Sales 4.1x
Price/Book 1.0x
Price/Cash Flow 26.3x
TEV/Sales 1.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UNION BANKSHARES CORP, please visit www.ubsh.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.