Union Bankshares Corporation Announces Pricing of Common Stock Offering Sep 11, 2009
Sept. 10 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (Nasdaq: ) today announced the pricing of an underwritten public offering of 4 ... Union Bankshares Corporation has granted the underwriters a 30-day option to purchase up to an additional 708,750 shares of Union Bankshares Corporation common stock to cover over-allotments, if any ... Union Bankshares Corporation intends to use the net proceeds from the offering, which are expected to be approximately $58. (PR Newswire)
Union Bankshares Corporation Reports Earnings Jul 25, 2009
July 24 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (the "Company") (Nasdaq: ) reports net income for the second quarter ended June 30, 2009 of $953 thousand, down $3 ... "This was a difficult quarter as we saw the impact of expenses related to increased provisions for loan losses typical for the tail-end of an economic downturn, the effect of increased fees and special assessments from the FDIC, plus the proposed First Market Bank merger," said G. William Beale, President and Chief... (PR Newswire)
Ukrop's CEO sends letter denying sale Ukrop's CEO sends a letter to employees saying reports of company's sale are based on 'speculation' Jul 16, 2009
Union Bankshares CEO G. William Beale said his management team has researched what a potential sale of Ukrop's would mean to the bank's deal to merge with First Market Bank. Bowling Green-based Union Bankshares announced in March a deal to purchase First Market Bank for about $105 million in stock. (Fredericksburg.com, VA)
Union Bankshares and First Market Bank Amend Merger Agreement Jun 20, 2009
June 19 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (Nasdaq: ) ("UBSH") and First Market Bank, FSB have amended the terms of their combination ... About Union Bankshares Corporation ... Union Bankshares Corporation, with more than 720 employees, is one of the largest community banking organizations based in Virginia, providing full-service banking to the Northern, Central, Rappahannock, Hampton Roads and Northern Neck regions of Virginia through its bank subsidiaries, Union Bank and... (PR Newswire)
Union Bankshares Corporation Declares Cash Dividend May 2, 2009
May 1 /PRNewswire-FirstCall/ -- The Board of Directors of Union Bankshares Corporation (the "Company") (Nasdaq: ) has declared a quarterly dividend of ... "During these difficult and uncertain economic times it is important that our Company maintain its strong capital base to protect the Company and its shareholders from unexpected or unforeseen financial issues. It is also prudent to maintain a dividend payout consistent with current earnings levels. Management and the Board of Directors must... (PR Newswire)
4 Stocks That Took a Hike Feb 10, 2009
Banking casualties Union Bankshares (Nasdaq: UBSH) and First Financial Holdings (Nasdaq: FFCH) are also whacking away at their once-generous payouts. . (MSNBC -- Business)
