earnings
confidence low
sentiment neutral
materiality 0.25
Atlantic Union Bankshares posts Q3 2024 earnings; EPS of $0.82, revenue $176M
Atlantic Union Bankshares Corp
2024-Q3 EPS reported
$1.68
- GAAP net income $73.1M ($0.82 diluted EPS) vs. $67.4M ($0.75) in Q3 2023.
- Net interest income $140.0M, NIM 3.38%; noninterest income $36.3M.
- Noninterest expense $129.2M; efficiency ratio 72.6%.
- Loan growth $316M (3.6% annualized); deposits up $228M.
- Tangible book value per share increased to $23.50 from $21.10 a year ago.