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Atlantic Union: Q3 Earnings Snapshot
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GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Atlantic Union Bankshares Corporation (AUB) on Tuesday reported third-quarter net income of $136.6 million.

The Glen Allen, Virginia-based bank said it had earnings of 94 cents per share. Earnings, adjusted for non-recurring costs, came to 96 cents per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 96 cents per share.

The holding company for Atlantic Union Bank posted revenue of $555.9 million in the period. Its revenue net of interest expense was $387.9 million, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $391.8 million.

Atlantic Union shares have climbed 7% since the beginning of the year. The stock has risen 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUB at https://www.zacks.com/ap/AUB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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