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)
Morristown, US
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 Data and Metrics

Union Bank Financial Metrics

Union Bank's revenue was reported to be $9.1 m in Q1, 2017

Revenue (Q1, 2017)

9.1 m

Gross profit (Q1, 2017)

8.5 m

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

1.9 m

EBIT (Q1, 2017)

6.3 m

Market capitalization (19-Sep-2017)

201.4 m

Cash (31-Mar-2017)

25 m
Union Bank's current market capitalization is $201.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


24.5 m24.9 m25.1 m37 m

Revenue growth, %


Cost of goods sold

2 m2.1 m

Gross profit

23.1 m34.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


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

Cost of goods sold

521 k461 k513 k519 k471 k537 k

Gross profit

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

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


30.7 m41.7 m18 m39.3 m

Accounts Receivable

1.7 m1.9 m1.8 m2.3 m


533.3 m


10.7 m11.9 m13.1 m13.5 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


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


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


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


2.2 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.7 m5.8 m1.9 m3.9 m6 m1.8 m3.9 m6.2 m1.9 m

Depreciation and Amortization

463 k708 k227 k502 k785 k320 k638 k967 k307 k

Accounts Receivable

32 k217 k

Cash From Operating Activities

1.5 m4.5 m3.9 m8.7 m9.8 m1.3 m2.9 m3.8 m7.9 m
USDY, 2017


47.9 k

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

Traffic Overview of Union Bank

Union Bank Online and Social Media Presence

Union Bank News and Updates

Record results for Atlas Mara as Bob Diamond's turnaround plan pays off

African financial services business Atlas Mara, headed by former Barclays boss Bob Diamond, has announced its strongest half-year profits since its inception in 2013. The group grabbed earnings in the second quarter of $11.5m, up from just $1.2m in the same period last year, as it delivered “cost…

Further strikes averted at Bank of England as Unite agrees pay deal

The Bank of England and Unite have today settled a dispute over pay, averting the threat of further strike action at the Old Lady of Threadneedle Street. The employees have now secured an extra half-day of leave for workers to be taken by April next year, as well as payments for lower-paid staff …

Bigger and stronger is the new motto as India readies for a massive wave of bank consolidation

The Indian banking landscape is set for big changes with the government deciding to merge the many state-owned lenders. The idea is to have stronger,…

American hiring seems frozen and it could be a 'first hint' companies are worried about Trump

Initial jobless claims, which count the number of people who applied for unemployment insurance for the first time, rose by more than expected.The claims increased by 10,000 to 244,000 in the past week, from the prior unrevised reading of 234,000, the Labor Department said. …

Exabeam raises $30 million led by Cisco and Lightspeed

Exabeam, a cybersecurity startup, today announced a funding round of $30 million. The round was led by Lightspeed Venture Partners and Cisco Investments. The San Mateo, Calif.-based startup developed a cybersecurity software that is deployed either on premises or in the cloud — it has customers runn…

Latino ad agency Orcí navigates 'a rejection of multiculturalism'

When the U.S. government wanted to encourage millions of undocumented immigrants to step out of the shadows and become citizens, it turned to a start-up advertising firm in Los Angeles to create the campaign. The year was 1986. Since then, the family-owned Orcí Agency has ridden the wave of huge…
Show more

Union Bank Company Life and Culture

You may also be interested in