Atlantic Union Bankshares (AUB) Misses Q3 EPS by 2c

Go back to Atlantic Union Bankshares (AUB) Misses Q3 EPS by 2c

Atlantic Union Bankshares Reports Third Quarter Financial Results

October 20, 2022 7:30 AM EDT

RICHMOND, Va., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the Company or Atlantic Union) (Nasdaq: AUB) reported net income available to common shareholders of $55.1 million and basic and diluted earnings per common share of $0.74 for the third quarter ended September 30, 2022. Adjusted operating earnings available to common shareholders(1) were $55.1 million, diluted adjusted operating earnings per common share(1) were $0.74, and pre-tax pre-provision adjusted operating earnings available to common shareholders(1) were $73.4 million for the third quarter ended September 30, 2022.

We believe the third quarter financial results show that Atlantic Union Bankshares is... More