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Jun 30, 2021
Atlantic Union Q2 2021 Earnings Report
Delivered solid financial results reflective of steadily improving economic conditions.
Key Takeaways
Atlantic Union Bankshares Corporation reported net income available to common shareholders of $82.4 million and basic and diluted earnings per common share of $1.05 for the second quarter ended June 30, 2021.
Loan balances grew modestly.
Credit quality remained pristine.
Capital and liquidity positions continue to be strong.
Loan growth will accelerate as economic activity picks up over the next several quarters and credit losses will remain historically low.
Atlantic Union
Atlantic Union
Forward Guidance
Atlantic Union expects loan growth will accelerate and credit losses will remain historically low.