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Union Bankshares: 1Q Earnings Snapshot

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.

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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