MORRISVILLE, Vt. (AP) _ Union Bankshares Inc. (UNB) on Wednesday reported first-quarter profit of $2.6 million.
The Morrisville, Vermont-based bank said it had earnings of 59 cents per share.
The bank holding company posted revenue of $10.9 million in the period. Its revenue net of interest expense was $9.7 million, exceeding Street forecasts.
Union Bankshares shares have decreased 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.50, a drop of 20 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNB at https://www.zacks.com/ap/UNB