earnings
confidence high
sentiment positive
materiality 0.75
Atlantic Union Q3 net income $73.4M, EPS $0.82; adjusted EPS $0.83
Atlantic Union Bankshares Corp
2024-Q3 EPS reported
$1.68
- Net income available to common shareholders $73.4M ($0.82 diluted EPS); adjusted operating EPS $0.83.
- Net interest income $182.9M, down $1.6M QoQ; net interest margin (FTE) 3.38%, down 8 bps.
- Nonperforming assets 0.20% of loans; provision for credit losses $2.6M vs $21.8M prior quarter.
- Total assets $24.8B, loans $18.3B; deposits $20.3B, up $304M QoQ; borrowings down $354.6M.
- Completed American National Bankshares integration; goodwill adjusted to $287.5M; capital ratios improved.