Latest Union First Market Bankshares Corp (UBSH) Headlines
Union First Market Bankshares to Present at Raymond James 35th Annual Institutional Investors Conference
PR Newswire - Thu Feb 27, 10:09AM CST
Union First Market Bankshares Corporation today announced that G. William Beale, president and chief executive officer and Robert M. Gorman, executive vice president and chief financial officer, will present at the Raymond James 35th Annual Institutional Investors Conference at the JW Marriott Grande Lakes Hotel, 4040 Central Florida Parkway in Orlando on Wednesday, March 5, 2014. The presentation is scheduled for approximately 8:40 a.m. Eastern Standard Time.
Union First Market Bankshares to Present at KBW Boston Bank Conference
PR Newswire - Wed Feb 19, 8:00AM CST
Union First Market Bankshares Corporation today announced that G. William Beale, president and chief executive officer and Robert M. Gorman, executive vice president and chief financial officer, will present at the Keefe, Bruyette & Woods (KBW) 2014 Boston Bank Investor Conference at the Langham Hotel, 250 Franklin Street, Boston on Wednesday, February 26, 2014. The presentation is scheduled for approximately 10:25 a.m. Eastern Standard Time.
Frost & Sullivan: Smart Homes, Telematics, and Healthcare Drive Demand for Global M2M Test Equipment Market
PR Newswire - Wed Feb 19, 6:48AM CST
The large number of applications for machine-to-machine (M2M) communications is driving the related communications test and monitoring equipment market, globally. While the transportation, industrial, safety and emergency industries have been successfully penetrated by M2M technologies, adoption is increasing in areas such as healthcare, home automation, and consumer electronics. To enable devices to work in the manner required on the communication network, there will be a higher demand for test equipment on the manufacturing side.
Union First Market Bankshares Announces Share Repurchase Authorization
PR Newswire - Mon Feb 03, 7:30AM CST
Union First Market Bankshares Corporation (the "Company") today announced that its Board of Directors has authorized a share repurchase program to purchase up to $65 million worth of the Company's common stock on the open market or in privately negotiated transactions. The authorization permits management to repurchase the Company's shares from time to time at management's discretion. The repurchase program is authorized through December 31, 2015.
Union First Market Bankshares Declares Quarterly Cash Dividend
PR Newswire - Fri Jan 31, 8:00AM CST
Union First Market Bankshares Corporation has declared a quarterly dividend of $0.14 per share. The dividend amount is the same as the previous quarterly dividend rate and is a $0.01, or 8%, increase over the dividend rate for the same quarter last year.
Union First Market Bankshares Reports Fourth Quarter And Full Year Results
PR Newswire - Tue Jan 28, 7:00AM CST
Union First Market Bankshares Corporation (the "Company" or "Union") (NASDAQ: UBSH) today reported net income of $8.1 million and earnings per share of $0.32 for its fourth quarter ended December 31, 2013. Excluding after-tax acquisition-related expenses of $651,000, operating earnings(1) for the quarter were $8.8 million and operating earnings per share(1) was $0.35. The quarterly results represent an increase of $339,000, or 4.0%, in operating earnings from the prior quarter and a decrease of $686,000, or 7.3%, from the quarter ended December 31, 2012. Operating earnings per share of $0.35 for the current quarter increased $0.01, or 2.9%, from the most recent quarter and declined $0.02, or 5.4%, from the prior year's fourth quarter.
Union First Market Bankshares to Reissue Cards Impacted By Target and Neiman Marcus Data Breaches
PR Newswire - Tue Jan 21, 8:39AM CST
Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.
Insiders Bullish on Certain Holdings of FDM
ETFChannel.com - Thu Jan 16, 8:45AM CST
A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 15.3% of holdings on a weighted basis have experienced insider buying within the past six months. Union First Market...
Union First Market Bankshares Makes Investment in The Payments Company
PR Newswire - Mon Jan 06, 8:01AM CST
Union First Market Bankshares Corporation ("Union") today announced that it has made an investment in The Payments Company ("TPC"), a privately held Richmond-based company that enables businesses to pay vendors electronically using its proprietary cloud based software and vendor network.
Union First Market Bankshares Completes Acquisition of StellarOne Corporation
PR Newswire - Wed Jan 01, 9:00AM CST
Union First Market Bankshares Corporation ("Union") today announced the completion of its acquisition of StellarOne Corporation ('StellarOne"), creating the largest community banking institution headquartered in the Commonwealth of Virginia.
Union First Market Bankshares Announces New Directors and Executive Officers
PR Newswire - Tue Dec 17, 7:39AM CST
Union First Market Bankshares Corporation today announced the election of eight new members to its board of directors and two new executive officers effective upon the completion of its acquisition of StellarOne Corporation.
Biggert-Waters Act Impacts Flood Insurance Policies Nationwide
PR Newswire - Fri Dec 13, 8:01AM CST
The Biggert-Waters Flood Insurance Reform Act of 2012 made significant changes to the National Flood Insurance Program (NFIP) that begin to take effect this year. This law requires that increased flood insurance premiums be phased in and existing premium subsidies be phased out.
Shareholders Approve Union First Market Bankshares Acquisition of StellarOne
PR Newswire - Thu Dec 05, 1:46PM CST
At separate special meetings today, shareholders of both Union First Market Bankshares Corporation ("Union") and StellarOne Corporation ("StellarOne") approved the merger agreement pursuant to which Union will acquire StellarOne, to create the largest community banking institution headquartered in the Commonwealth of Virginia.
Union Bankshares Earnings Hindsight: Down 4.0% in Last 19 Days (UBSH)
Comtex SmarTrend(R) - Mon Nov 11, 11:57AM CST
When Union Bankshares (NASDAQ:UBSH) reported earnings 19 days ago on October 23rd, 2013, analysts, on average, expected the company to report earnings of $0.39 on sales of $48.8 million. The company actually reported EPS of $0.34 on sales of $52.1 million, missing EPS estimates by $0.04 and beating revenue estimates by $3.3 million. Since the company's report, shares of Union Bankshares have fallen from $25.94 to $24.91, representing a loss of 4.0% in the past 19 days.
Union Bankshares Shares Up 19.4% Since SmarTrend's Buy Recommendation (UBSH)
Comtex SmarTrend(R) - Wed Oct 30, 4:57PM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 6 months, Union Bankshares has returned 19.37% as of today's recent price of $24.43.
Downgrade Alert for Union Bankshares (UBSH)
Comtex SmarTrend(R) - Fri Oct 25, 7:03AM CDT
Union Bankshares (NASDAQ:UBSH) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $25.79 on volume of 81,000 shares, below average daily volume of 126,000. Union Bankshares (NASDAQ:UBSH) defies analysts with a current price ($25.79) 2.3% above its average consensus price target of $25.20. The stock should find initial support at its 50-day moving average (MA) of $23.22 and further support at its 200-day MA of $20.48.
Union First Market Bankshares Reports Third Quarter Results
PR Newswire - Wed Oct 23, 5:30PM CDT
Union First Market Bankshares Corporation (the "Company") (NASDAQ: UBSH) today reported net income of $7.9 million and earnings per share of $0.32 for its third quarter ended September 30, 2013. Excluding after-tax acquisition-related expenses of $471,000, operating earnings(1) for the quarter were $8.4 million and operating earnings per share(1) was $0.34. The quarterly results represent a decrease of $2.0 million, or 18.9%, in operating earnings from the prior quarter and a decrease of $1.2 million, or 12.6%, from the quarter ended September 30, 2012. Operating earnings per share of $0.34 for the current quarter decreased $0.03, or 8.1%, from the prior year's third quarter and decreased $0.08, or 19.0%, from the most recent quarter.
Uptrend Call Working As Union Bankshares Stock Rises 27.3% (UBSH)
Comtex SmarTrend(R) - Wed Oct 23, 11:06AM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 6 months, Union Bankshares has returned 27.34% as of today's recent price of $26.06.
Union Bankshares Up 24.6% Since SmarTrend Uptrend Call (UBSH)
Comtex SmarTrend(R) - Wed Oct 16, 9:43AM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 5 months, Union Bankshares has returned 24.55% as of today's recent price of $25.49.
Union First Market Bankshares to Present at Raymond James 35th Annual Institutional Investors Conference
PR Newswire - Thu Feb 27, 10:09AM CST
Union First Market Bankshares Corporation today announced that G. William Beale, president and chief executive officer and Robert M. Gorman, executive vice president and chief financial officer, will present at the Raymond James 35th Annual Institutional Investors Conference at the JW Marriott Grande Lakes Hotel, 4040 Central Florida Parkway in Orlando on Wednesday, March 5, 2014. The presentation is scheduled for approximately 8:40 a.m. Eastern Standard Time.
Union First Market Bankshares to Present at KBW Boston Bank Conference
PR Newswire - Wed Feb 19, 8:00AM CST
Union First Market Bankshares Corporation today announced that G. William Beale, president and chief executive officer and Robert M. Gorman, executive vice president and chief financial officer, will present at the Keefe, Bruyette & Woods (KBW) 2014 Boston Bank Investor Conference at the Langham Hotel, 250 Franklin Street, Boston on Wednesday, February 26, 2014. The presentation is scheduled for approximately 10:25 a.m. Eastern Standard Time.
Frost & Sullivan: Smart Homes, Telematics, and Healthcare Drive Demand for Global M2M Test Equipment Market
PR Newswire - Wed Feb 19, 6:48AM CST
The large number of applications for machine-to-machine (M2M) communications is driving the related communications test and monitoring equipment market, globally. While the transportation, industrial, safety and emergency industries have been successfully penetrated by M2M technologies, adoption is increasing in areas such as healthcare, home automation, and consumer electronics. To enable devices to work in the manner required on the communication network, there will be a higher demand for test equipment on the manufacturing side.
Union First Market Bankshares Announces Share Repurchase Authorization
PR Newswire - Mon Feb 03, 7:30AM CST
Union First Market Bankshares Corporation (the "Company") today announced that its Board of Directors has authorized a share repurchase program to purchase up to $65 million worth of the Company's common stock on the open market or in privately negotiated transactions. The authorization permits management to repurchase the Company's shares from time to time at management's discretion. The repurchase program is authorized through December 31, 2015.
Union First Market Bankshares Declares Quarterly Cash Dividend
PR Newswire - Fri Jan 31, 8:00AM CST
Union First Market Bankshares Corporation has declared a quarterly dividend of $0.14 per share. The dividend amount is the same as the previous quarterly dividend rate and is a $0.01, or 8%, increase over the dividend rate for the same quarter last year.
Union First Market Bankshares Reports Fourth Quarter And Full Year Results
PR Newswire - Tue Jan 28, 7:00AM CST
Union First Market Bankshares Corporation (the "Company" or "Union") (NASDAQ: UBSH) today reported net income of $8.1 million and earnings per share of $0.32 for its fourth quarter ended December 31, 2013. Excluding after-tax acquisition-related expenses of $651,000, operating earnings(1) for the quarter were $8.8 million and operating earnings per share(1) was $0.35. The quarterly results represent an increase of $339,000, or 4.0%, in operating earnings from the prior quarter and a decrease of $686,000, or 7.3%, from the quarter ended December 31, 2012. Operating earnings per share of $0.35 for the current quarter increased $0.01, or 2.9%, from the most recent quarter and declined $0.02, or 5.4%, from the prior year's fourth quarter.
Union First Market Bankshares to Reissue Cards Impacted By Target and Neiman Marcus Data Breaches
PR Newswire - Tue Jan 21, 8:39AM CST
Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.
Insiders Bullish on Certain Holdings of FDM
ETFChannel.com - Thu Jan 16, 8:45AM CST
A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 15.3% of holdings on a weighted basis have experienced insider buying within the past six months. Union First Market...
Union First Market Bankshares Makes Investment in The Payments Company
PR Newswire - Mon Jan 06, 8:01AM CST
Union First Market Bankshares Corporation ("Union") today announced that it has made an investment in The Payments Company ("TPC"), a privately held Richmond-based company that enables businesses to pay vendors electronically using its proprietary cloud based software and vendor network.
Union First Market Bankshares Completes Acquisition of StellarOne Corporation
PR Newswire - Wed Jan 01, 9:00AM CST
Union First Market Bankshares Corporation ("Union") today announced the completion of its acquisition of StellarOne Corporation ('StellarOne"), creating the largest community banking institution headquartered in the Commonwealth of Virginia.
Union First Market Bankshares Announces New Directors and Executive Officers
PR Newswire - Tue Dec 17, 7:39AM CST
Union First Market Bankshares Corporation today announced the election of eight new members to its board of directors and two new executive officers effective upon the completion of its acquisition of StellarOne Corporation.
Biggert-Waters Act Impacts Flood Insurance Policies Nationwide
PR Newswire - Fri Dec 13, 8:01AM CST
The Biggert-Waters Flood Insurance Reform Act of 2012 made significant changes to the National Flood Insurance Program (NFIP) that begin to take effect this year. This law requires that increased flood insurance premiums be phased in and existing premium subsidies be phased out.
Shareholders Approve Union First Market Bankshares Acquisition of StellarOne
PR Newswire - Thu Dec 05, 1:46PM CST
At separate special meetings today, shareholders of both Union First Market Bankshares Corporation ("Union") and StellarOne Corporation ("StellarOne") approved the merger agreement pursuant to which Union will acquire StellarOne, to create the largest community banking institution headquartered in the Commonwealth of Virginia.
Union Bankshares Earnings Hindsight: Down 4.0% in Last 19 Days (UBSH)
Comtex SmarTrend(R) - Mon Nov 11, 11:57AM CST
When Union Bankshares (NASDAQ:UBSH) reported earnings 19 days ago on October 23rd, 2013, analysts, on average, expected the company to report earnings of $0.39 on sales of $48.8 million. The company actually reported EPS of $0.34 on sales of $52.1 million, missing EPS estimates by $0.04 and beating revenue estimates by $3.3 million. Since the company's report, shares of Union Bankshares have fallen from $25.94 to $24.91, representing a loss of 4.0% in the past 19 days.
Union Bankshares Shares Up 19.4% Since SmarTrend's Buy Recommendation (UBSH)
Comtex SmarTrend(R) - Wed Oct 30, 4:57PM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 6 months, Union Bankshares has returned 19.37% as of today's recent price of $24.43.
Downgrade Alert for Union Bankshares (UBSH)
Comtex SmarTrend(R) - Fri Oct 25, 7:03AM CDT
Union Bankshares (NASDAQ:UBSH) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $25.79 on volume of 81,000 shares, below average daily volume of 126,000. Union Bankshares (NASDAQ:UBSH) defies analysts with a current price ($25.79) 2.3% above its average consensus price target of $25.20. The stock should find initial support at its 50-day moving average (MA) of $23.22 and further support at its 200-day MA of $20.48.
Union First Market Bankshares Reports Third Quarter Results
PR Newswire - Wed Oct 23, 5:30PM CDT
Union First Market Bankshares Corporation (the "Company") (NASDAQ: UBSH) today reported net income of $7.9 million and earnings per share of $0.32 for its third quarter ended September 30, 2013. Excluding after-tax acquisition-related expenses of $471,000, operating earnings(1) for the quarter were $8.4 million and operating earnings per share(1) was $0.34. The quarterly results represent a decrease of $2.0 million, or 18.9%, in operating earnings from the prior quarter and a decrease of $1.2 million, or 12.6%, from the quarter ended September 30, 2012. Operating earnings per share of $0.34 for the current quarter decreased $0.03, or 8.1%, from the prior year's third quarter and decreased $0.08, or 19.0%, from the most recent quarter.
Uptrend Call Working As Union Bankshares Stock Rises 27.3% (UBSH)
Comtex SmarTrend(R) - Wed Oct 23, 11:06AM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 6 months, Union Bankshares has returned 27.34% as of today's recent price of $26.06.
Union Bankshares Up 24.6% Since SmarTrend Uptrend Call (UBSH)
Comtex SmarTrend(R) - Wed Oct 16, 9:43AM CDT
SmarTrend identified an Uptrend for Union Bankshares (NASDAQ:UBSH) on May 10th, 2013 at $20.47. In approximately 5 months, Union Bankshares has returned 24.55% as of today's recent price of $25.49.
