UNB Income Statement - TTM - Union Bankshares, Inc.

Income Statement (TTM)

Union Bankshares, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	43	45	47	48	49	49	49	49	49	49	50	50	49	48	48	48	46	47	48	49
Change (%)		5.01	2.52	3.65	0.93	-0.06	0.57	-0.11	-0.75	0.53	2.13	0.58	-2.44	-1.31	-0.79	-0.70	-2.65	1.92	1.42	2.35
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales
Change (%)
% of Revenue

Gross Operating Profit	43	45	47	48	49	49	49	49	49	49	50	50	49	48	48	48	46	47	48	49
Change (%)		5.01	2.52	3.65	0.93	-0.06	0.57	-0.11	-0.75	0.53	2.13	0.58	-2.44	-1.31	-0.79	-0.70	-2.65	1.92	1.42	2.35
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

SG&A	22	23	23	24	25	25	26	26	25	25	26	26	26	26	26	27	28	28	29	30
Change (%)		4.05	0.22	4.21	2.76	0.01	2.53	1.31	-3.61	1.58	0.77	1.39	2.34	-1.75	1.45	1.27	2.89	2.80	2.16	2.43
% of Revenue	51.58	51.11	49.96	50.23	51.14	51.18	52.17	52.92	51.39	51.93	51.25	51.66	54.19	53.95	55.17	56.26	59.47	59.98	60.41	60.46

R&D
Change (%)
% of Revenue

OpEx	29	30	30	32	32	33	34	34	34	34	34	35	35	35	36	37	37	38	39	39
Change (%)		3.23	0.93	4.20	1.74	1.74	2.54	0.06	-0.32	0.08	1.37	1.92	1.40	0.39	1.34	2.00	1.32	2.66	1.58	1.83
% of Revenue	67.62	66.47	65.44	65.78	66.31	67.50	68.83	68.95	69.24	68.94	68.43	69.34	72.07	73.31	74.88	76.92	80.06	80.64	80.77	80.36

Operating Income	14	15	16	17	16	16	15	15	15	15	16	15	14	13	12	11	9	9	9	10
Change (%)		8.75	5.68	2.61	-0.64	-3.58	-3.52	-0.50	-1.69	1.52	3.80	-2.32	-11.12	-5.70	-6.63	-8.77	-15.90	-1.03	0.76	4.53
% of Revenue	32.38	33.53	34.56	34.22	33.69	32.50	31.17	31.05	30.76	31.06	31.57	30.66	27.93	26.69	25.12	23.08	19.94	19.36	19.23	19.64

Interest Expense
Change (%)
% of Revenue

Net Income	12	13	13	14	14	13	13	13	13	13	13	13	12	11	11	10	9	9	9	9
Change (%)		8.79	5.31	2.40	-1.61	-3.06	-2.99	-0.47	-1.31	0.53	3.92	-1.77	-9.52	-3.39	-4.97	-6.36	-12.06	-0.54	0.96	4.25
% of Revenue	27.22	28.20	28.97	28.62	27.90	27.06	26.10	26.01	25.86	25.86	26.31	25.70	23.83	23.33	22.35	21.08	19.04	18.58	18.49	18.84

Source: Capital IQ

Union Bankshares, Inc. - Income Statement (TTM)

Income Statement (TTM)