Atlantic Union Bankshares Q1 FY26 net income more than doubled to $119.2 million
Atlantic Union Bankshares Corporation AUB | 0.00 |
- Atlantic Union Bankshares posted net income available to common shareholders of USD 119.2 million, or USD 0.84 per share, up from USD 46.9 million, or USD 0.53 per share, a year earlier.
- Net interest income climbed to USD 312.4 million from USD 184.2 million, lifting net interest margin 42 basis points to 3.80%.
- Noninterest income rose to USD 54.8 million from USD 29.2 million, while noninterest expense increased to USD 209.8 million from USD 134.2 million.
- Total assets edged down to USD 37.3 billion from USD 37.6 billion at Dec. 31, while loans held for investment increased to USD 27.9 billion from USD 27.8 billion.
- Deposits slipped to USD 30.4 billion from USD 30.5 billion as brokered deposits fell to USD 610.3 million from USD 1.1 billion, while total borrowings declined to USD 1.3 billion from USD 1.5 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlantic Union Bankshares Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000883948-26-000047), on May 05, 2026, and is solely responsible for the information contained therein.
