Atlantic Union Bankshares Q1 FY26 profit rises 9.4% to $119.2 million
Atlantic Union Bankshares Corporation
Atlantic Union Bankshares Corporation AUB | 0.00 |
- Atlantic Union posted first-quarter 2026 net income available to common shareholders of $119.2 million, with EPS of $0.84.
- Revenue fell to $367.2 million from $387.2 million in the prior quarter.
- Net interest margin narrowed 10 basis points to 3.8%.
- Net interest income slipped to $312.4 million, driven by lower loan accretion income and lower yields on variable-rate loans following 2025 Fed rate cuts.
- Management said Sandy Spring Bancorp integration concluded, with confidence in hitting full-year 2026 targets for adjusted operating return on assets, return on tangible common equity, and efficiency ratio.
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 Business Wire (Ref. ID: 202604210645BIZWIRE_USPR_____20260421_BW828720) on April 21, 2026, and is solely responsible for the information contained therein.
