Union Bankshares Operating Expenses Growth & History (UNB)
Union Bankshares's operating expenses was $41.7M for fiscal 2025.
View full Union Bankshares company overviewUnion Bankshares annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $41.7M | $3.7M | +9.66% |
| 2024 | 2024-12-31 | $38.0M | $2.7M | +7.52% |
| 2023 | 2023-12-31 | $35.4M | $1.7M | +5.17% |
| 2022 | 2022-12-31 | $33.6M | $775,000 | +2.36% |
| 2021 | 2021-12-31 | $32.9M | $2.7M | +8.86% |
| 2020 | 2020-12-31 | $30.2M | $2.7M | +9.86% |
| 2019 | 2019-12-31 | $27.5M | −$1.8M | −6.17% |
| 2018 | 2018-12-31 | $29.3M | $5.4M | +22.47% |
| 2017 | 2017-12-31 | $23.9M | $249,000 | +1.05% |
| 2016 | 2016-12-31 | $23.7M | $1.8M | +8.41% |
| 2015 | 2015-12-31 | $21.8M | $226,000 | +1.05% |
| 2014 | 2014-12-31 | $21.6M | $365,000 | +1.72% |
| 2013 | 2013-12-31 | $21.2M | −$1.8M | −7.84% |
| 2012 | 2012-12-31 | $23.0M | $3.3M | +16.50% |
| 2011 | 2011-12-31 | $19.8M | $3.1M | +18.90% |
| 2010 | 2010-12-31 | $16.6M | — | — |
Union Bankshares quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.5M | $976,000 | +9.31% |
| Q1 2026 | 2026-03-31 | $10.8M | $958,000 | +9.75% |
| Q4 2025 | 2025-12-31 | $11.0M | $1.4M | +14.89% |
| Q3 2025 | 2025-09-30 | $10.3M | $934,000 | +9.93% |
| Q2 2025 | 2025-06-30 | $10.5M | $706,000 | +7.22% |
| Q1 2025 | 2025-03-31 | $9.8M | $601,000 | +6.52% |
| Q4 2024 | 2024-12-31 | $9.6M | $984,000 | +11.40% |
| Q3 2024 | 2024-09-30 | $9.4M | $483,000 | +5.41% |
| Q2 2024 | 2024-06-30 | $9.8M | $718,000 | +7.92% |
| Q1 2024 | 2024-03-31 | $9.2M | $473,000 | +5.41% |
| Q4 2023 | 2023-12-31 | $8.6M | $137,000 | +1.61% |
| Q3 2023 | 2023-09-30 | $8.9M | $487,000 | +5.77% |
| Q2 2023 | 2023-06-30 | $9.1M | $654,000 | +7.78% |
| Q1 2023 | 2023-03-31 | $8.8M | $461,000 | +5.56% |
| Q4 2022 | 2022-12-31 | $8.5M | $28,000 | +0.33% |
| Q3 2022 | 2022-09-30 | $8.4M | −$109,000 | −1.28% |
| Q2 2022 | 2022-06-30 | $8.4M | $20,000 | +0.24% |
| Q1 2022 | 2022-03-31 | $8.3M | $836,000 | +11.22% |
| Q4 2021 | 2021-12-31 | $8.5M | $561,000 | +7.10% |
| Q3 2021 | 2021-09-30 | $8.5M | $553,000 | +6.92% |
| Q2 2021 | 2021-06-30 | $8.4M | $1.3M | +17.97% |
| Q1 2021 | 2021-03-31 | $7.5M | $281,000 | +3.92% |
| Q4 2020 | 2020-12-31 | $7.9M | $764,000 | +10.70% |
| Q3 2020 | 2020-09-30 | $8.0M | $990,000 | +14.13% |
| Q2 2020 | 2020-06-30 | $7.1M | $311,000 | +4.57% |
| Q1 2020 | 2020-03-31 | $7.2M | $645,000 | +9.88% |
| Q4 2019 | 2019-12-31 | $7.1M | −$3.2M | −30.83% |
| Q3 2019 | 2019-09-30 | $7.0M | $480,000 | +7.36% |
| Q2 2019 | 2019-06-30 | $6.8M | $494,000 | +7.83% |
| Q1 2019 | 2019-03-31 | $6.5M | $403,000 | +6.58% |
| Q4 2018 | 2018-12-31 | $10.3M | $4.2M | +67.78% |
| Q3 2018 | 2018-09-30 | $6.5M | $584,000 | +9.83% |
| Q2 2018 | 2018-06-30 | $6.3M | $435,000 | +7.41% |
| Q1 2018 | 2018-03-31 | $6.1M | $183,000 | +3.08% |
| Q4 2017 | 2017-12-31 | $6.2M | $31,000 | +0.51% |
| Q3 2017 | 2017-09-30 | $5.9M | −$83,000 | −1.38% |
| Q2 2017 | 2017-06-30 | $5.9M | $63,000 | +1.08% |
| Q1 2017 | 2017-03-31 | $5.9M | $238,000 | +4.17% |
| Q4 2016 | 2016-12-31 | $6.1M | $556,000 | +9.99% |
| Q3 2016 | 2016-09-30 | $6.0M | $468,000 | +8.42% |
| Q2 2016 | 2016-06-30 | $5.8M | $377,000 | +6.94% |
| Q1 2016 | 2016-03-31 | $5.7M | $435,000 | +8.26% |
| Q4 2015 | 2015-12-31 | $5.6M | −$12,000 | −0.22% |
| Q3 2015 | 2015-09-30 | $5.6M | $4,000 | +0.07% |
| Q2 2015 | 2015-06-30 | $5.4M | $145,000 | +2.74% |
| Q1 2015 | 2015-03-31 | $5.3M | $89,000 | +1.72% |
| Q4 2014 | 2014-12-31 | $5.6M | −$147,000 | −2.57% |
| Q3 2014 | 2014-09-30 | $5.6M | $443,000 | +8.67% |
| Q2 2014 | 2014-06-30 | $5.3M | $64,000 | +1.23% |
| Q1 2014 | 2014-03-31 | $5.2M | $5,000 | +0.10% |
| Q4 2013 | 2013-12-31 | $5.7M | −$462,000 | −7.47% |
| Q3 2013 | 2013-09-30 | $5.1M | −$636,000 | −11.07% |
| Q2 2013 | 2013-06-30 | $5.2M | −$341,000 | −6.13% |
| Q1 2013 | 2013-03-31 | $5.2M | −$367,000 | −6.62% |
| Q4 2012 | 2012-12-31 | $6.2M | $1.2M | +23.01% |
| Q3 2012 | 2012-09-30 | $5.7M | $600,000 | +11.66% |
| Q2 2012 | 2012-06-30 | $5.6M | $544,000 | +10.84% |
| Q1 2012 | 2012-03-31 | $5.5M | $961,000 | +20.98% |
| Q4 2011 | 2011-12-31 | $5.0M | — | — |
| Q3 2011 | 2011-09-30 | $5.1M | $1.0M | +24.37% |
| Q2 2011 | 2011-06-30 | $5.0M | $950,000 | +23.35% |
| Q1 2011 | 2011-03-31 | $4.6M | — | — |
| Q3 2010 | 2010-09-30 | $4.1M | — | — |
| Q2 2010 | 2010-06-30 | $4.1M | — | — |
Union Bankshares operating expenses trends
Over the last five fiscal years, Union Bankshares's operating expenses increased from $30.2M to $41.7M, a change of $11.5M. The latest reported quarter, Q2 2026, shows $11.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Union Bankshares source filings ↗