UNB
Income statement / Annual
Last year (2024), Union Bankshares, Inc.'s total revenue was $76.42 M,
an increase of 15.60% from the previous year.
In 2024, Union Bankshares, Inc.'s net income was $8.76 M.
See Union Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$76.42 M |
$66.11 M |
$52.42 M |
$51.34 M |
$51.95 M |
$45.54 M |
$40.96 M |
$37.71 M |
$36.34 M |
$34.15 M |
| Cost of Revenue |
$30.52 M
|
$18.77 M
|
$4.52 M
|
$3.57 M
|
$7.35 M
|
$6.38 M
|
$4.03 M
|
$2.46 M
|
$2.21 M
|
$2.58 M
|
| Gross Profit |
$45.90 M
|
$47.34 M
|
$47.90 M
|
$47.77 M
|
$44.61 M
|
$39.16 M
|
$36.93 M
|
$35.26 M
|
$34.13 M
|
$31.58 M
|
| Gross Profit Ratio |
0.6
|
0.72
|
0.91
|
0.93
|
0.86
|
0.86
|
0.9
|
0.93
|
0.94
|
0.92
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$27.58 M
|
$25.37 M
|
$19.74 M
|
$20.21 M
|
$18.75 M
|
$16.53 M
|
$19.48 M
|
$14.37 M
|
$14.10 M
|
$12.82 M
|
| Selling & Marketing Expenses |
$704.00 K
|
$659.00 K
|
$617.00 K
|
$530.00 K
|
$544.00 K
|
$555.00 K
|
$456.00 K
|
$469.00 K
|
$507.00 K
|
$456.00 K
|
| Selling, General & Administrative Expenses |
$28.28 M
|
$26.03 M
|
$20.35 M
|
$20.74 M
|
$19.29 M
|
$17.09 M
|
$19.94 M
|
$14.84 M
|
$14.60 M
|
$13.28 M
|
| Other Expenses |
$8.48 M
|
$8.43 M
|
$12.30 M
|
$11.22 M
|
$10.09 M
|
$9.59 M
|
$8.65 M
|
$8.37 M
|
$8.41 M
|
$7.76 M
|
| Operating Expenses |
$36.77 M
|
$34.46 M
|
$32.65 M
|
$31.96 M
|
$29.38 M
|
$26.68 M
|
$28.59 M
|
$23.21 M
|
$23.02 M
|
$21.04 M
|
| Cost And Expenses |
$67.29 M
|
$53.23 M
|
$37.18 M
|
$35.52 M
|
$36.73 M
|
$33.06 M
|
$32.62 M
|
$25.66 M
|
$25.23 M
|
$23.61 M
|
| Interest Income |
$67.41 M
|
$56.85 M
|
$43.95 M
|
$39.27 M
|
$36.75 M
|
$36.00 M
|
$32.18 M
|
$29.02 M
|
$26.84 M
|
$25.14 M
|
| Interest Expense |
$29.59 M
|
$19.27 M
|
$4.52 M
|
$3.57 M
|
$5.15 M
|
$5.62 M
|
$3.58 M
|
$2.26 M
|
$2.06 M
|
$2.03 M
|
| Depreciation & Amortization |
$1.59 M
|
$1.64 M
|
$1.80 M
|
$1.90 M
|
$2.06 M
|
$1.74 M
|
$1.39 M
|
$1.39 M
|
$1.43 M
|
$1.25 M
|
| EBITDA |
$10.72 M |
$14.52 M |
$17.05 M |
$17.71 M |
$17.29 M |
$14.22 M |
$9.73 M |
$13.45 M |
$12.54 M |
$11.79 M |
| EBITDA Ratio |
0.14
|
0.22
|
0.33
|
0.35
|
0.33
|
0.31
|
0.24
|
0.36
|
0.34
|
0.35
|
| Operating Income Ratio |
0.12
|
0.19
|
0.29
|
0.31
|
0.29
|
0.27
|
0.2
|
0.32
|
0.31
|
0.31
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$9.13 M
|
$12.88 M
|
$15.25 M
|
$15.82 M
|
$15.22 M
|
$12.48 M
|
$8.35 M
|
$12.05 M
|
$11.11 M
|
$10.54 M
|
| Income Before Tax Ratio |
0.12
|
0.19
|
0.29
|
0.31
|
0.29
|
0.27
|
0.2
|
0.32
|
0.31
|
0.31
|
| Income Tax Expense |
$369.00 K
|
$1.62 M
|
$2.63 M
|
$2.65 M
|
$2.42 M
|
$1.83 M
|
$1.27 M
|
$3.60 M
|
$2.60 M
|
$2.66 M
|
| Net Income |
$8.76 M
|
$11.26 M
|
$12.62 M
|
$13.17 M
|
$12.81 M
|
$10.65 M
|
$7.07 M
|
$8.45 M
|
$8.51 M
|
$7.88 M
|
| Net Income Ratio |
0.11
|
0.17
|
0.24
|
0.26
|
0.25
|
0.23
|
0.17
|
0.22
|
0.23
|
0.23
|
| EPS |
1.94 |
2.5 |
2.81 |
2.94 |
2.86 |
2.38 |
1.58 |
1.89 |
1.91 |
1.77 |
| EPS Diluted |
1.92 |
2.48 |
2.79 |
2.92 |
2.85 |
2.38 |
1.58 |
1.89 |
1.91 |
1.77 |
| Weighted Average Shares Out |
$4.52 M
|
$4.50 M
|
$4.50 M
|
$4.48 M
|
$4.47 M
|
$4.47 M
|
$4.47 M
|
$4.46 M
|
$4.46 M
|
$4.45 M
|
| Weighted Average Shares Out Diluted |
$4.55 M
|
$4.54 M
|
$4.51 M
|
$4.51 M
|
$4.49 M
|
$4.48 M
|
$4.48 M
|
$4.47 M
|
$4.46 M
|
$4.45 M
|
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