Union Bankshares Q4 EPS $0.68 Down From $0.77 YoY
Portfolio Pulse from Benzinga Newsdesk
Union Bankshares (NASDAQ:UNB) reported a decrease in quarterly earnings, with Q4 EPS at $0.68, down from $0.77 per share year-over-year, marking an 11.69% decline.
January 17, 2024 | 8:32 pm
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Union Bankshares reported a year-over-year decrease in quarterly earnings, with Q4 EPS falling from $0.77 to $0.68, a decline of 11.69%.
The reported decrease in earnings per share (EPS) is typically viewed negatively by investors as it suggests a reduction in profitability. This could lead to a short-term negative impact on Union Bankshares' stock price as market participants react to the earnings decline.
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