UNION BANKSHARES INC (UNB) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	91.0M	87.3M	77.9M	67.3M	53.1M
Cost of Revenue	33.2M	33.6M	30.5M	18.8M	4.5M
Gross Profit	57.8M	53.7M	47.4M	48.5M	48.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	25.7M	30.6M	26.3M	24.0M	23.2M
General & Admin Expense	25.7M	30.6M	26.3M	24.0M	23.2M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	18.2M	11.1M	12.0M	11.6M	10.1M
Total Operating Expenses	43.9M	41.7M	38.3M	35.6M	33.3M
Cost and Expenses	77.1M	75.3M	68.8M	54.4M	37.8M
Operating Income (EBIT)	13.9M	12.0M	9.1M	12.9M	15.2M
Non-Operating
Interest Income	79.5M	75.8M	67.4M	56.8M	43.9M
Interest Expense	33.3M	32.8M	29.6M	19.3M	4.5M
Net Interest Income	46.2M	43.0M	37.8M	37.6M	39.4M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	13.9M	12.0M	9.1M	12.9M	15.2M
Income Tax Expense	1.5M	928.0K	369.0K	1.6M	2.6M
Bottom Line
Net Income	12.5M	11.1M	8.8M	11.3M	12.6M
Earnings from Cont. Ops	12.5M	11.1M	8.8M	11.3M	12.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	12.5M	11.1M	8.8M	11.3M	12.6M
Per Share
Basic EPS	$2.63	$2.43	$1.94	$2.50	$2.81
Diluted EPS	$2.63	$2.43	$1.92	$2.48	$2.79
Revenue Per Share	$18.60	$19.09	$17.23	$14.94	$11.80
Shares
Basic Shares Outstanding	4.9M	4.6M	4.5M	4.5M	4.5M
Diluted Shares Outstanding	4.9M	4.6M	4.6M	4.5M	4.5M
Profitability Metrics
EBITDA	15.2M	13.7M	10.7M	14.5M	17.0M
D&A	1.3M	1.6M	1.6M	1.6M	1.8M
EBIT	13.9M	12.0M	9.1M	12.9M	15.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026