Christopher F. Davis
Research analyst, REITs, biotech, small-cap

Union Bankshares; An Unknown Regional Bank With Large Upside Potential Yielding 5%

Executive Summary: Trading at a significant discount to its regional competitors and yielding just under 5% annually, the little known Union Bankshares has grown its commercial and residential loan portfolio for five consecutive years. It has acquired competitors to strengthen its regional footprint and is rebalancing its portfolio to take advantage of the rising interest rate environment while simultaneously slashing expenses, setting the company up for continued growth over the next few years.

Introduction

Very small up and coming regional banks can deliver large profits when invested in early. The key to picking a winner is recognizing growth, examining balance sheets and ensuring the company is taking proper steps to ensure earnings and revenue growth for years to come. As...

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