UNION BANKSHARES INC Earnings Per Share Disclosure
| 2025 | 2024 | |||||||
| (Dollars in thousands, except per share data) | ||||||||
| Net income | $ | 11,080 | $ | 8,761 | ||||
| Weighted average common shares outstanding for basic EPS | 4,558,767 | 4,523,140 | ||||||
| Dilutive effect of stock-based awards (1) | 33,086 | 30,909 | ||||||
| Weighted-average common and potential common shares for diluted EPS | 4,591,853 | 4,554,049 | ||||||
| Earnings per common share: | ||||||||
| Basic EPS | $ | 2.43 | $ | 1.94 | ||||
| Diluted EPS | $ | 2.41 | $ | 1.92 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 20, 2026 | Showing above |
| 2024 | Mar 25, 2025 | |
| 2023 | Mar 26, 2024 | |
| 2022 | Mar 24, 2023 | |
| 2021 | Mar 24, 2022 | |
| 2020 | Mar 19, 2021 | |
| 2019 | Mar 13, 2020 | |
| 2018 | Mar 15, 2019 | |
| 2017 | Mar 16, 2018 | |
| 2016 | Mar 15, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.