Atlantic Union Bankshares (AUB) Misses Q2 EPS by 2c

Go back to Atlantic Union Bankshares (AUB) Misses Q2 EPS by 2c

Atlantic Union Bankshares Reports Second Quarter Results

July 21, 2022 7:30 AM EDT

RICHMOND, Va., July 21, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the Company or Atlantic Union) (Nasdaq: AUB) reported net income available to common shareholders of $59.3 million and basic and diluted earnings per common share of $0.79 for the second quarter ended June 30, 2022. Adjusted operating earnings available to common shareholders(1) were $51.3 million, diluted operating earnings per common share(1) were $0.69, and pre-tax pre-provision adjusted operating earnings available to common shareholders(1) were $66.2 million for the second quarter ended June 30, 2022.

Atlantic Union Bankshares delivered solid second quarter results with upper single digit annualized loan growth, strong credit... More