Atlantic Union Bankshares (AUB) Misses Q4 EPS by 1c

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Atlantic Union Bankshares Reports Fourth Quarter Results

January 25, 2022 7:30 AM EST

RICHMOND, Va., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the Company or Atlantic Union) (Nasdaq: AUB) today reported net income available to common shareholders of $44.8 million and basic and diluted earnings per common share of $0.59 for the fourth quarter ended December 31, 2021. Adjusted operating earnings available to common shareholders(1) were $53.8 million, diluted operating earnings per common share(1) were $0.71, and pre-tax pre-provision adjusted operating earnings(1) were $66.2 million for the fourth quarter ended December 31, 2021.

Net income available to common shareholders was $252.0 million and basic and diluted earnings per common share were $3.26 for the twelve months ended December... More