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Jun 30, 2023
Atlantic Union Q2 2023 Earnings Report
Reported strong second quarter financial results amidst banking industry turmoil, with stable deposit levels and strong loan growth.
Key Takeaways
Atlantic Union Bankshares Corporation reported a net income available to common shareholders of $52.3 million, with diluted earnings per common share of $0.70 for Q2 2023. The company delivered strong financial results driven by loan growth and stable deposit levels.
Net income available to common shareholders was $52.3 million.
Diluted earnings per common share were $0.70.
Net interest income was $152.1 million.
Total assets reached $20.6 billion.
Atlantic Union
Atlantic Union
Forward Guidance
Atlantic Union Bankshares entered into a merger agreement to acquire American National Bankshares Inc. in an all-stock transaction.