Union Bankshares Operating Expenses Growth & History (UNB)

Union Bankshares's operating expenses was $41.7M for fiscal 2025.

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Union Bankshares annual operating expenses history

Union Bankshares annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$41.7M$3.7M+9.66%
20242024-12-31$38.0M$2.7M+7.52%
20232023-12-31$35.4M$1.7M+5.17%
20222022-12-31$33.6M$775,000+2.36%
20212021-12-31$32.9M$2.7M+8.86%
20202020-12-31$30.2M$2.7M+9.86%
20192019-12-31$27.5M−$1.8M−6.17%
20182018-12-31$29.3M$5.4M+22.47%
20172017-12-31$23.9M$249,000+1.05%
20162016-12-31$23.7M$1.8M+8.41%
20152015-12-31$21.8M$226,000+1.05%
20142014-12-31$21.6M$365,000+1.72%
20132013-12-31$21.2M−$1.8M−7.84%
20122012-12-31$23.0M$3.3M+16.50%
20112011-12-31$19.8M$3.1M+18.90%
20102010-12-31$16.6M

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.

About the metric

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.

Calculation and source

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.

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