Union Income Tax Expense vs Interest Income Analysis

UNB Stock  USD 33.95  1.65  4.63%   
Union Bankshares financial indicator trend analysis is much more than just breaking down Union Bankshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Union Bankshares is a good investment. Please check the relationship between Union Bankshares Income Tax Expense and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Union Stock refer to our How to Trade Union Stock guide.

Income Tax Expense vs Interest Income

Income Tax Expense vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bankshares Income Tax Expense account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Union Bankshares' Income Tax Expense and Interest Income is 0.12. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of Union Bankshares, assuming nothing else is changed. The correlation between historical values of Union Bankshares' Income Tax Expense and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Union Bankshares are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Tax Expense i.e., Union Bankshares' Income Tax Expense and Interest Income go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Union Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Union Bankshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Union Stock refer to our How to Trade Union Stock guide.At present, Union Bankshares' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.54, whereas Selling General Administrative is forecasted to decline to about 12.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6M4.5M19.3M20.2M
Depreciation And Amortization1.9M1.8M1.6M1.2M

Union Bankshares fundamental ratios Correlations

0.770.60.730.780.81-0.30.03-0.180.910.960.970.61-0.420.690.550.960.970.550.50.53-0.40.80.96-0.77-0.44
0.770.120.410.980.51-0.26-0.43-0.270.820.760.810.5-0.50.80.510.70.770.390.340.37-0.161.00.78-0.34-0.23
0.60.120.870.210.78-0.520.650.350.440.480.530.520.10.070.060.650.550.470.510.51-0.530.170.47-0.81-0.61
0.730.410.870.470.96-0.430.36-0.010.620.630.690.630.220.20.220.750.70.470.520.6-0.50.450.62-0.79-0.58
0.780.980.210.470.55-0.43-0.37-0.20.820.760.820.49-0.480.770.50.740.770.450.340.33-0.250.990.77-0.38-0.25
0.810.510.780.960.55-0.370.25-0.170.710.740.780.640.160.30.330.820.790.50.50.6-0.480.550.73-0.79-0.53
-0.3-0.26-0.52-0.43-0.43-0.37-0.18-0.36-0.3-0.25-0.39-0.120.11-0.21-0.17-0.43-0.28-0.41-0.080.130.6-0.31-0.240.370.16
0.03-0.430.650.36-0.370.25-0.180.44-0.230.06-0.09-0.040.27-0.38-0.080.040.10.150.060.15-0.1-0.40.06-0.29-0.19
-0.18-0.270.35-0.01-0.2-0.17-0.360.44-0.21-0.23-0.20.05-0.040.04-0.29-0.14-0.240.090.050.02-0.09-0.26-0.22-0.03-0.07
0.910.820.440.620.820.71-0.3-0.23-0.210.820.910.61-0.440.70.450.880.840.690.50.47-0.370.840.82-0.63-0.44
0.960.760.480.630.760.74-0.250.06-0.230.820.940.49-0.430.730.660.910.990.510.350.39-0.350.791.0-0.63-0.27
0.970.810.530.690.820.78-0.39-0.09-0.20.910.940.6-0.450.730.540.980.950.530.470.37-0.550.840.93-0.72-0.41
0.610.50.520.630.490.64-0.12-0.040.050.610.490.6-0.110.41-0.250.630.520.340.920.6-0.430.490.5-0.45-0.84
-0.42-0.50.10.22-0.480.160.110.27-0.04-0.44-0.43-0.45-0.11-0.65-0.26-0.39-0.4-0.19-0.190.070.09-0.5-0.440.110.08
0.690.80.070.20.770.3-0.21-0.380.040.70.730.730.41-0.650.560.630.670.330.190.21-0.140.80.74-0.260.0
0.550.510.060.220.50.33-0.17-0.08-0.290.450.660.54-0.25-0.260.560.450.620.24-0.450.030.040.530.66-0.330.5
0.960.70.650.750.740.82-0.430.04-0.140.880.910.980.63-0.390.630.450.930.560.540.39-0.640.740.89-0.79-0.5
0.970.770.550.70.770.79-0.280.1-0.240.840.990.950.52-0.40.670.620.930.530.410.45-0.370.790.99-0.68-0.35
0.550.390.470.470.450.5-0.410.150.090.690.510.530.34-0.190.330.240.560.530.30.16-0.340.430.51-0.3-0.33
0.50.340.510.520.340.5-0.080.060.050.50.350.470.92-0.190.19-0.450.540.410.30.53-0.440.340.36-0.43-0.97
0.530.370.510.60.330.60.130.150.020.470.390.370.60.070.210.030.390.450.160.530.170.360.43-0.55-0.51
-0.4-0.16-0.53-0.5-0.25-0.480.6-0.1-0.09-0.37-0.35-0.55-0.430.09-0.140.04-0.64-0.37-0.34-0.440.17-0.21-0.290.510.49
0.81.00.170.450.990.55-0.31-0.4-0.260.840.790.840.49-0.50.80.530.740.790.430.340.36-0.210.8-0.38-0.23
0.960.780.470.620.770.73-0.240.06-0.220.821.00.930.5-0.440.740.660.890.990.510.360.43-0.290.8-0.62-0.28
-0.77-0.34-0.81-0.79-0.38-0.790.37-0.29-0.03-0.63-0.63-0.72-0.450.11-0.26-0.33-0.79-0.68-0.3-0.43-0.550.51-0.38-0.620.48
-0.44-0.23-0.61-0.58-0.25-0.530.16-0.19-0.07-0.44-0.27-0.41-0.840.080.00.5-0.5-0.35-0.33-0.97-0.510.49-0.23-0.280.48
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Union Bankshares Account Relationship Matchups

Union Bankshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets872.9M1.1B1.2B1.3B1.5B1.5B
Short Long Term Debt Total47.2M7.2M16.3M66.4M81.9M86.0M
Total Stockholder Equity71.8M80.9M84.3M55.2M65.8M54.2M
Property Plant And Equipment Net20.9M20.0M21.6M20.5M23.2M11.8M
Net Debt35.2M(10.9M)(1.7M)45.3M62.8M66.0M
Retained Earnings64.0M71.1M78.4M84.7M89.5M51.0M
Cash12.0M18.1M17.9M20.9M15.5M15.7M
Non Current Assets Total111.2M129.1M290.6M20.5M20.4M19.4M
Non Currrent Assets Other(2.5M)(3.0M)(5.1M)(265.9M)(42.7M)(44.9M)
Other Assets628.7M804.3M586.7M1.0B1.1B1.2B
Cash And Short Term Investments99.4M123.9M285.7M271.2M327.2M343.5M
Net Receivables33.6M36.8M42.4M57.7M66.4M69.7M
Common Stock Total Equity9.9M9.9M9.9M10.0M11.5M10.1M
Common Stock Shares Outstanding4.5M4.5M4.5M4.5M4.5M3.6M
Liabilities And Stockholders Equity872.9M1.1B1.2B1.3B1.5B1.5B
Non Current Liabilities Total47.2M7.2M16.2M13.1M1.4B1.5B
Other Stockholder Equity(3.1M)(2.8M)(2.4M)(2.0M)(1.7M)(1.8M)
Total Liab801.1M1.0B1.1B1.3B1.4B1.5B
Property Plant And Equipment Gross20.9M20.0M36.3M36.9M38.8M40.7M
Total Current Assets133.0M160.6M328.1M271.2M327.2M343.5M
Accumulated Other Comprehensive Income986K2.6M(1.6M)(37.4M)(32.0M)(30.4M)
Common Stock9.9M9.9M9.9M10.0M10.0M10.2M
Other Liab6.1M7.3M9.3M7.9M9.0M6.5M
Accounts Payable9.9M11.2M9.8M13.1M11.8M11.2M
Long Term Debt47.2M7.2M16.2M66.2M81.9M86.0M
Short Term Investments87.4M105.8M267.8M250.3M311.6M327.2M
Inventory(25.3M)(60.4M)(139.6M)(82.4M)(74.1M)(70.4M)
Treasury Stock(4.2M)(4.2M)(4.2M)(4.2M)(3.7M)(3.9M)
Property Plant Equipment20.9M21.8M21.6M20.5M23.6M11.8M
Other Current Liab(9.9M)(22.6M)(9.8M)(13.1M)528.7M555.2M
Total Current Liabilities9.9M11.7M9.8M13.1M538.9M565.9M
Short Term Debt183K337K132K50.2M10.2M11.6M
Net Tangible Assets69.6M78.6M84.3M55.2M63.5M62.5M
Retained Earnings Total Equity64.0M71.1M78.4M84.7M97.4M62.9M
Capital Surpluse1.1M1.4M1.8M2.2M2.6M2.7M
Other Current Assets60.4M139.6M82.4M(57.7M)97.8M92.9M
Long Term Investments672.6M106.8M269.0M251.5M265.9M254.8M
Non Current Liabilities Other9.9M11.2M9.8M63.2M72.6M76.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Union Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Union Bankshares Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Union Stock refer to our How to Trade Union Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Union Bankshares. If investors know Union will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Union Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
1.44
Earnings Share
1.94
Revenue Per Share
10.244
Quarterly Revenue Growth
(0.1)
The market value of Union Bankshares is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Union Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Union Bankshares' market value can be influenced by many factors that don't directly affect Union Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Union Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.