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Dec 31, 2022
Atlantic Union Q4 2022 Earnings Report
Atlantic Union Bankshares reported strong financial results, hitting profitability and efficiency targets with loan growth, strong credit quality and expanding net interest margin.
Key Takeaways
Atlantic Union Bankshares Corporation reported a net income available to common shareholders of $67.6 million, with basic and diluted earnings per common share of $0.90 for Q4 2022. The company saw low double-digit annualized loan growth, strong credit quality, an expanding net interest margin and positive operating leverage.
Delivered strong fourth quarter financial results, hitting profitability and efficiency targets.
Experienced low double-digit annualized loan growth.
Maintained strong credit quality.
Observed an expanding net interest margin and positive operating leverage.
Forward Guidance
Atlantic Union Bankshares believes its markets continue to show resiliency and positive dynamics, which combined with its asset sensitivity lead them to believe they are well-positioned for 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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