How much is a share of Union Bank worth?
One share of UNB stock can currently be purchased for approximately $31.22. How much money does Union Bankshares make? Union Bankshares has a market capitalization of $140.02 million and generates $52.75 million in revenue each year. The bank earns $12.81 million in net income (profit) each year or $3.03 on an earnings per share basis.
Is Union Bankshares a great dividend payout stock?
Union Bankshares is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks. Union Bankshares has been increasing its dividend for 7 years. The dividend payout ratio of Union Bankshares is 43.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Is Union Bankshares a good buy at these PE ratios?
Only 13.66% of the stock of Union Bankshares is held by institutions. The P/E ratio of Union Bankshares is 10.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.18.
How much did US Bancorp pay for MUFG?
Under the terms of the agreement, U.S, Bancorp will purchase MUFG Union Bank for approximately $8 billion, including $5.5 billion in cash and approximately 44 million shares of U.S. Bancorp common stock. Upon close of the transaction, MUFG will hold a minority stake of approximately 2.9% in U.S. Bancorp.
What is UB Bancorp?
Is Union Bank a parent company?
UB Bancorp (OTCQX: UBNC) (the "Company"), the parent of Union Bank, is pleased to announce that its Board of Directors has authorized increasing the capacity of its share repurchase program. In December of 2020, the Board announced its authorization for the repurchase of up to 1.5% of the Company’s common shares outstanding. As the Company approaches successful completion of this initial repurchase program, the Board has allocated an additional $2.0 million for share repurchases. The expiration of this additional share repurchase program is set for March 31, 2022.
