Union Historical Income Statement
| UNB Stock | USD 31.10 0.06 0.19% |
Historical analysis of Union Bankshares income statement accounts such as Depreciation And Amortization of 1.2 M, Interest Expense of 20.2 M, Selling General Administrative of 12.8 M or Total Revenue of 31.1 M can show how well Union Bankshares performed in making a profits. Evaluating Union Bankshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Union Bankshares's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Union Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Union Bankshares is a good buy for the upcoming year.
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About Union Income Statement Analysis
Union Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Union Bankshares shareholders. The income statement also shows Union investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Union Bankshares Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Union Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Union Bankshares minus its cost of goods sold. It is profit before Union Bankshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Union Bankshares. It is also known as Union Bankshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Union Bankshares income statement and is an important metric when analyzing Union Bankshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Union Bankshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Union Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.At present, Union Bankshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 70.3 M, whereas Depreciation And Amortization is forecasted to decline to about 1.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 4.5M | 19.3M | 20.2M | Depreciation And Amortization | 1.9M | 1.8M | 1.6M | 1.2M |
Union Bankshares income statement Correlations
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Union Bankshares Account Relationship Matchups
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Union Bankshares income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.7M | 2.1M | 1.9M | 1.8M | 1.6M | 1.2M | |
| Interest Expense | 5.6M | 5.1M | 3.6M | 4.5M | 19.3M | 20.2M | |
| Selling General Administrative | 16.0M | 17.8M | 19.0M | 19.1M | 25.4M | 12.8M | |
| Total Revenue | 40.7M | 47.6M | 48.7M | 48.4M | 48.2M | 31.1M | |
| Gross Profit | 40.7M | 47.6M | 48.7M | 48.4M | 67M | 70.4M | |
| Other Operating Expenses | 28.2M | 32.4M | 32.9M | 5.0M | 26.0M | 16.8M | |
| Operating Income | 12.5M | 15.2M | 15.8M | 20.4M | 22.2M | 15.4M | |
| Ebit | 12.5M | 15.2M | 15.8M | 15.2M | 12.9M | 10.8M | |
| Ebitda | 14.2M | 17.3M | 17.7M | 17.0M | 14.5M | 11.7M | |
| Total Operating Expenses | (28.2M) | (32.4M) | (32.9M) | 5.0M | 26.0M | 27.3M | |
| Income Before Tax | 12.5M | 15.2M | 15.8M | 15.2M | 12.9M | 10.2M | |
| Total Other Income Expense Net | 12.5M | (7.0M) | (7.9M) | (8.2M) | (9.3M) | (9.8M) | |
| Net Income | 10.6M | 12.8M | 13.2M | 12.6M | 11.3M | 8.0M | |
| Income Tax Expense | 1.8M | 2.4M | 2.6M | 2.6M | 1.6M | 2.2M | |
| Net Income Applicable To Common Shares | 10.6M | 12.8M | 13.2M | 12.6M | 14.5M | 8.0M | |
| Selling And Marketing Expenses | 555K | 544K | 530K | 617K | 659K | 530.5K | |
| Net Income From Continuing Ops | 10.6M | 12.8M | 13.2M | 12.6M | 11.7M | 10.1M | |
| Tax Provision | 1.8M | 2.4M | 2.6M | 2.6M | 2.0M | 1.9M | |
| Net Interest Income | 30.1M | 31.6M | 35.7M | 39.4M | 38.9M | 34.1M | |
| Interest Income | 35.7M | 36.8M | 39.3M | 43.9M | 53.9M | 39.4M | |
| Reconciled Depreciation | 1.7M | 2.1M | 1.9M | 1.8M | 1.6M | 1.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Union Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Union Bankshares Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Union Bankshares. If investors know Union will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Union Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Dividend Share 1.44 | Earnings Share 1.94 | Revenue Per Share 10.244 | Quarterly Revenue Growth (0.1) |
The market value of Union Bankshares is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Union Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Union Bankshares' market value can be influenced by many factors that don't directly affect Union Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Union Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.