Atlantic Union: Q2 Earnings Snapshot

Associated Press Finance
1-min read

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Atlantic Union Bankshares Corporation (AUB) on Thursday reported second-quarter earnings of $25.2 million.

The Glen Allen, Virginia-based bank said it had earnings of 25 cents per share. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

The holding company for Atlantic Union Bank posted revenue of $344.7 million in the period. Its revenue net of interest expense was $212.2 million, falling short of Street forecasts.

Atlantic Union shares have risen 10% since the beginning of the year. The stock has risen 30% 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