ZYBERNO
Stock Report
Updated Aug 31, 2026

UNION BANKSHARES, INC. (UNB)

Financial Services • NASDAQ

$23.52

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
47.0/100
WEAK BUSINESS
UNION BANKSHARES, INC. (UNB) scores 47/100 — weak fundamentals with mixed indicators requiring careful analysis before acting.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
Business Model Limitation
UNION BANKSHARES, INC. operates in the Banking industry. Owner Earnings-based DCF analysis — the foundation of both the Margin of Safety and the Brina Gap — is not well-suited to companies whose business model is structurally built around leverage: banks, insurers, mortgage companies, and REITs. These businesses are typically valued using sector-specific metrics such as Price-to-Book, Price-to-FFO, or Net Asset Value. Treat these signals as directional only.
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
+75.5%
Undervalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
🎯 Expected Annual Return
57.6%
5-year annualised assuming price converges to intrinsic value
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):AVERAGE (14.7%)
Debt-to-Equity (Solvency Risk):EXCELLENT (0.04x)
Operating Margin (Operational Efficiency):CRITICAL (0.0%)
Return on Capital (Capital Efficiency):CRITICAL (0.0%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

UNION BANKSHARES, INC. (UNB) stock report — Zyberno Score 47/100 (WEAK BUSINESS), Margin of Safety +75.5%, 58% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, UNION BANKSHARES, INC. (UNB) trades at $23.52 against an estimated intrinsic value per share of $95.99 — a +75.5% Margin of Safety based on Owner Earnings of $14.77M TTM, projected at 23.7% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of 57.6% annually.

Over the trailing twelve months, UNB generated $14.77M in Owner Earnings. Capital was deployed as follows: $6.61M paid as dividends, $1.29M invested in capital expenditures. Owner Earnings have grown at 23.7% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:23.52
Market Cap:$112.60M

Valuation Multiples (4)

P/B Ratio:1.25x
P/S Ratio:1.44x
Peg Ratio:0.33x

Enterprise Metrics (3)

Enterprise Value:$108.41M
Ev Ebitda Ratio:64.72x
Pfcf Ratio:8.12x

Price Action & Momentum (3)

Momentum Percentile:33 / 100
% of 52-Week High:88.6%
B. Profitability Assessment

Margin Analysis (2)

Net Margin Ttm:15.5%
Ebitda Margin:2.1%

TTM Performance (1)

Net Margin Ttm:15.5%

Yield Metrics (3)

Earnings Yield:$10.53
Owner Earnings Yield:$12.54
Dividend Yield:5.6%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:22.1%
Latest Earnings Filed:2026-08-07

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):15.7%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):-3.1%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):6.3%
Operating Cash Flow Growth Rate (Linear):-1.5%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:0.01x
Quick Ratio:0.01x
Cash Ratio:0.01x

Leverage Analysis (3)

Debt To Equity Ttm:0.04x
Debt-to-Equity Ratio:0.04x
Debt To Ebitda:1.39x

Coverage Ratios (2)

Interest Coverage Ratio:0.00x
Times Interest Earned:0.00

Capital Structure (4)

Working Capital:-1,087,541,000.00
Cash And Cash Equivalents:6,522,000.00
Long Term Debt:$2.33M
Net Debt:-$4.19M
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $78.36M
Linear Growth: 15.7%
📊 Click to view full UNB Revenue analysis & methodology →
Cost Of Revenue Ttm:$0.00

Profitability Breakdown (2)

$0.00$0.00

Bottom Line Performance (3)

Net income TTM: $12.11M
Linear Growth: -3.1%
📊 Click to view full UNB Net Income analysis & methodology →
Income Before Tax:$0.00
Ebitda Ttm:1,675,000.00

Operating Expenses (5)

Operating Expenses:43,634,000.00
R And D Expense:0.00
Sga Expense:0.00
Income Tax Expense:$1.31M
Interest Expense:45,219,000.00

Expense Ratios (3)

R And D To Revenue Percentage:0.0%
Sga To Revenue Percentage:0.0%
Ebitda Margin:2.1%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$1.56B
Current Assets:$6.52M
Ppe Net:20,055,000.00
Goodwill:0.00
Intangible Assets:$0.00

Liability Structure (4)

Total Liabilities:1,468,389,000.00
Current Liabilities:1,094,063,000.00
Long Term Debt:$2.33M
Short Term Debt:$0.00

Equity & Capital (3)

Equity:$90.41M
Retained Earnings:$98.85M
Common Stock:10,831,000.00

Working Capital Items (3)

Accounts Receivable:0.00
Inventory:0.00
Accounts Payable:0.00

Special Items (2)

Contract Liabilities:0.00
Stock Based Compensation:201,000.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $15.80M
Linear Growth: -1.5%
Free cash flow TTM: $14.51M
Linear Growth: 6.3%
📊 Click to view full UNB Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:$7.20M
Capital Expenditures Ttm:1,290,000.00

Financing Activities (3)

Financing Cash Flow:$7.70M
Dividends Paid Ttm:6,609,000.00
Stock Repurchase:0.00

Capital Transactions (3)

Common Stock Issuance:72,000.00
Long Term Debt Issuance:$0.00
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:1,675,000.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):2.61
Eps diluted TTM: $2.59
Linear Growth: -4.2%
📊 Click to view full UNB EPS analysis & methodology →
Earnings Per Share Ttm:$2.53

Revenue & Cash Per Share (3)

Sales Per Share Ttm:16.37
Operating Cash Flow Per Share:$3.60
Fcf Per Share Ttm:3.03

Book Value & Capital (2)

Book Value Per Share:$18.88
Cash Per Share:1.36

Dividend Policy (1)

Dividend Payout Ratio:56.69x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.05x
Working Capital Turnover Ttm:-999.00x

Receivables Management (2)

Receivables Turnover Ttm:-999.00x
Days Sales Outstanding Ttm:-999.00

Inventory Management (2)

Inventory Turnover Ttm:-999.00x
Days Inventory Outstanding Ttm:-999.00

Payables & Cash Cycle (2)

Days Payable Outstanding:-999.00
Cash Conversion Cycle:-999.00
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:60.00
Quality Score:90.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $14.77M
Linear Growth: 23.7%
📊 Click to view full UNB Owner Earnings analysis & methodology →
Owner Earnings Per Share:$3.08
Owner Earnings Yield:$12.54

Growth Assessment (1)

Owner Earnings Growth Rate:$23.70

Intrinsic Value Models (1)

Margin of Safety (1)

Return Scenarios (1)

Investment Assessment (1)

Buffett Assessment:Excellent margin of safety
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (2)

Revenue Growth Rate (Linear):15.7%
Net Income Growth Rate (Linear):-3.1%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):6.3%
Operating Cash Flow Growth Rate (Linear):-1.5%

Other Growth Rates (2)

Book Value Growth Rate (Linear):9.9%
Owner Earnings Growth Rate:$23.70
C. Company Profile & Context

Corporate Information (6)

Symbol:UNB
Company Name:UNION BANKSHARES, INC.
Sector:Financial Services
Industry:Banking
Exchange:NASDAQ
Country:United States

Market Classification (3)

Market Cap Category:N/A
Price Category:medium
Volume Category:N/A

Share Structure (3)

Shares Outstanding:4.79M
Shares Outstanding Basic:4.79M
Shares Outstanding Diluted:4.83M

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-08-31 17:05:02 UTC
Data Timestamp:2026-08-19T15:08:54.110863
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