Atlantic Union Bankshares Reports Third Quarter Financial Results
Key Highlights
- ➤Q3 net income $133.7M; diluted EPS $0.94
- ➤Loans held for investment rose 8.63% sequentially to $29.297B
- ➤Net interest income increased $3.3M sequentially to $328.4M
- ➤Nonperforming assets declined to 0.37% of total loans
- ➤$250M share repurchase authorized; $62.5M repurchased during Q3
Expert Statements
John C. Asbury, President and Chief Executive Officer of Atlantic Union
“Atlantic Union delivered a solid third quarter, with healthy loan growth, strong credit quality and continued progress in expanding our earnings capacity.”
John C. Asbury, President and Chief Executive Officer of Atlantic Union
“Excluding the expense associated with the redemption of our subordinated debt, our operating performance demonstrates the earnings power we have built over many years, which we believe positions us to deliver differentiated financial performance relative to our peers.”
John C. Asbury, President and Chief Executive Officer of Atlantic Union
“Atlantic Union is a story of transformation from a Virginia community bank into the largest regional bank headquartered in the lower Mid-Atlantic, with operations across Virginia and Maryland and a growing presence in North Carolina. Guided by our priorities of soundness, profitability and growth—in that order—we remain focused on sustainable, profitable growth and long-term value creation for our shareholders.”
Atlantic Union Bankshares Reports Third Quarter Financial Results
Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSE: AUB) reported net income available to common shareholders of $133.7 million and basic and diluted earnings per common share of $0.95 and $0.94, respectively, for the third quarter of 2026 and adjusted operating earnings available to common shareholders((+)) of $135.6 million and adjusted diluted operating earnings per common share((+)) of $0.96 for the third quarter of 2026.
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