Atlantic Union Bankshares Q1 Adjusted Earnings Decline, Revenue Increases

MT Newswires Live
24 Apr

Atlantic Union Bankshares (AUB) reported Q1 adjusted earnings Thursday of $0.57 per diluted share, down from $0.65 a year earlier.

Analysts polled by FactSet expected $0.71.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total non-interest income, was $213.3 million, up from $173.4 million a year earlier.

Analysts surveyed by FactSet expected $221.3 million.

Shares of the regional bank were down around 5% in recent premarket activity.

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