Union Bankshares Corp. (UBSH) reported net income available to common shareholders for the fourth quarter of $406 thousand or $0.02 per share, lower than $2.3 million or $0.17 per share in the previous year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.01 per share. Analysts' estimates typically exclude special items.
Net interest income for the fourth quarter of $22.58 million, up from $18.67 million in the prior year quarter. Quarterly total non-interest income rose to $8.45 million from $6.44 million in the same quarter last year.
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