Union Bank

Headquartered in Morrisville, VT, Union Bank is a full service bank offering deposit, loan, trust and commercial banking services throughout northern Vermont and northern New Hampshire. Union Bank has earned an outstanding reputation for residential lending programs and is an SBA Preferred Lender. Additionally, Union Bank has received an “Outstanding” rating for its compliance with the Community Reinvestment Act (CRA). An institution in this group has an excellent record of helping to meet the credit needs of its assessment area, particularly in low-and moderate income neighborhoods, in a manner consistent with its resources and capabilities.

Proud to be one of the few community banks serving Vermont and New Hampshire, Union Bank maintains a strong commitment to traditional banking values. In particular, Union Bank is dedicated to providing genuine customer service and community support, including donations to local nonprofit organizations. These values—combined with financial expertise, quality products and the latest technology—make Union Bank the premier choice for your banking services, both personal and commercial. Union Bank currently maintains 17 banking offices, 2 loan centers and 26 ATMs.
Member FDIC. Equal Housing Lender.

Company Growth (employees)
Type
Public
HQ
Morristown, US
Founded
1891
Size (employees)
191 (est)+2%
Union Bank was founded in 1891 and is headquartered in Morristown, US

Union Bank Office Locations

Union Bank has an office in Morristown
Morristown, US (HQ)
20 Lower Main St

Union Bank Financials and Metrics

Union Bank Financials

Union Bank's revenue was reported to be $37 m in FY, 2016
USD

Net income (Q3, 2017)

2.4 m

EBIT (Q3, 2017)

6.7 m

Market capitalization (13-Nov-2017)

223.9 m

Cash (30-Sep-2017)

12.4 m
Union Bank's current market capitalization is $223.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

24.5 m24.9 m25.1 m37 m

Revenue growth, %

2%1%47%

Cost of goods sold

2 m2.1 m

Gross profit

23.1 m34.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

8.8 m8.9 m8.6 m9.3 m9.6 m9.1 m9.4 m

Cost of goods sold

521 k461 k513 k519 k471 k537 k516 k

Gross profit

8.3 m8.4 m8.1 m8.8 m9.1 m8.5 m8.9 m

Gross profit Margin, %

94%95%94%94%95%94%95%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

30.7 m41.7 m18 m39.3 m

Accounts Receivable

1.7 m1.9 m1.8 m2.3 m

Inventories

533.3 m

PP&E

10.7 m11.9 m13.1 m13.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

14.7 m13.7 m14 m24.2 m35.6 m25 m14.4 m12.4 m

Inventories

472.7 m497.9 m512.6 m502.5 m522.4 m537.5 m536.2 m

PP&E

12.9 m12.9 m13 m13.1 m13.4 m13.3 m13.2 m

Goodwill

2.2 m2.2 m2.2 m2.2 m2.2 m2.2 m2.2 m2.2 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    7.1 m7.7 m7.9 m8.5 m

    Depreciation and Amortization

    902 k976 k1.1 m1.3 m

    Accounts Receivable

    22 k

    Cash From Operating Activities

    17.8 m2.2 m13.1 m7.6 m
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    5.6 m1.8 m3.7 m5.8 m1.9 m3.9 m6 m1.8 m3.9 m6.2 m1.9 m4.2 m2.4 m

    Depreciation and Amortization

    679 k226 k463 k708 k227 k502 k785 k320 k638 k967 k307 k611 k

    Accounts Receivable

    32 k217 k230 k

    Cash From Operating Activities

    15.2 m2.6 m1.5 m4.5 m3.9 m8.7 m9.8 m1.3 m2.9 m3.8 m7.9 m8.5 m10.6 m
      Y, 2017

      Financial Leverage

      11.8 x
      Show all financial metrics

      Union Bank Operating Metrics

      Union Bank's Total Loans Issued was reported to be $541.6 m in Q2, 2017
      Show all operating metrics

      Union Bank Market Value History

      Union Bank's Web-traffic and Trends

      Union Bank Online and Social Media Presence

      Union Bank Company Life and Culture

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