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Stock Market & Financial Investment News

News Breaks
March 18, 2014
09:18 EDTUBSHUnion First Market downgraded at Sterne Agee
As noted earlier, Sterne Agee downgraded Union First Market to Neutral from Buy. The firm downgraded the stock as its forecast of the company's 2014 loan growth and mortgages has become more conservative.
News For UBSH From The Last 14 Days
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April 21, 2015
12:43 EDTUBSHUnion Bankshares raises quarterly dividend to 17c from 15c per share
The dividend is payable on May 29 to shareholders of record as of May 15.
April 20, 2015
07:33 EDTUBSHUnion Bankshares reports Q1 EPS 36c, consensus 38c
The Return on Average Tangible Common Equity was 9.67% and 9.11% for the quarters ended March 31, 2015 and December 31, 2014, respectively. Operating ROTCE for the quarter ended December 31, 2014 was 9.46%. The Return on Average Assets was 0.86% and 0.82% for the quarters ended March 31, 2015 and December 31, 2014, respectively. Operating ROA for the quarter ended December 31, 2014 was 0.85%. Average loan balances increased $140.5M, or 10.8% on an annualized basis, from December 31, 2014. Ending loan balances increased $41.8M, or 3.1% on an annualized basis, from December 31, 2014.

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