Loading...
•
Jun 30, 2022
Atlantic Union Q2 2022 Earnings Report
Reported solid second quarter results with loan growth and expanding net interest margin
Key Takeaways
Atlantic Union Bankshares Corporation reported net income available to common shareholders of $59.3 million and basic and diluted earnings per common share of $0.79 for the second quarter ended June 30, 2022. Net interest income was $138.8 million, an increase of $7.9 million from the first quarter of 2022.
Delivered solid second quarter results with upper single digit annualized loan growth
Strong credit metrics
Expanding net interest margin
Approximately 649,000 shares (or $23.2 million) were repurchased during the second quarter of 2022
Atlantic Union
Atlantic Union
Forward Guidance
Atlantic Union remains committed to generating sustainable, profitable growth and building long term value for our shareholders.