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Mar 31
Atlantic Union Q1 2025 Earnings Report
Atlantic Union Bankshares reported solid results in Q1 2025 with steady net income and a completed strategic acquisition.
Key Takeaways
Atlantic Union Bankshares delivered a stable Q1 2025 performance, supported by net interest margin expansion and balance sheet growth. The quarter marked a strategic milestone with the accelerated closing of its Sandy Spring acquisition.
Net income available to common shareholders was $46.9 million
Adjusted EPS came in at $0.57, supported by margin expansion
Merger with Sandy Spring completed a quarter ahead of schedule
Asset quality remained solid despite economic uncertainty
Atlantic Union
Atlantic Union
Atlantic Union Revenue by Segment
Revenue by Segment
Mortgage Banking Income Revenue
CapyFin.comService Charges on Deposit Accounts Revenue
CapyFin.comFiduciary & Asset Mgmt Fees Revenue
CapyFin.comLoan-Related Interest Rate Swap Fees Revenue
CapyFin.comGains on Securities Revenue
CapyFin.comBank-Owned Life Insurance Revenue
CapyFin.com Forward Guidance
Atlantic Union expects its recent acquisition and continued focus on profitability and soundness to position the company well, despite macroeconomic uncertainties.
Positive Outlook
- Merger closed earlier than expected, allowing faster synergy realization
- Net interest margin expanded due to lower deposit costs
- Asset quality remained solid with low charge-offs
- Customer deposit and loan balances grew quarter-over-quarter
- Cost discipline continues despite merger-related expenses
Challenges Ahead
- Economic outlook became more uncertain during the quarter
- Financial markets were more volatile
- Nonperforming assets increased slightly
- Provision for credit losses remained elevated
- Decrease in noninterest income due to lower swap fees and other income