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Mar 31, 2023
Atlantic Union Q1 2023 Earnings Report
Atlantic Union's financial performance for Q1 2023 was reported, revealing a decrease in net income but growth in loans.
Key Takeaways
Atlantic Union Bankshares Corporation reported a net income available to common shareholders of $32.7 million, with diluted earnings per common share of $0.44 for Q1 2023. Excluding certain items, adjusted operating earnings available to common shareholders were $47.2 million, with adjusted diluted operating earnings per common share of $0.63. Net interest income decreased to $153.4 million, while total assets amounted to $20.1 billion.
Net income available to common shareholders was $32.7 million.
Basic and diluted earnings per common share were $0.44.
Net interest income amounted to $153.4 million.
Total assets reached $20.1 billion.
Forward Guidance
This press release and statements by our management may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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