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Mar 31, 2022
Atlantic Union Q1 2022 Earnings Report
Reported net income and earnings per share for Q1 2022.
Key Takeaways
Atlantic Union Bankshares Corporation reported a strong start to 2022, with net income available to common shareholders of $40.7 million and diluted earnings per common share of $0.54 for the first quarter ended March 31, 2022.
Net income available to common shareholders was $40.7 million.
Diluted earnings per common share were $0.54.
Net interest income was $130.9 million.
Approximately 630,000 shares were repurchased for $25.0 million as part of the share repurchase program.
Atlantic Union
Atlantic Union
Forward Guidance
The company is confident in its ability to achieve its top tier financial targets by the end of the year on a run-rate basis.