Earnings ·
Atlantic Union Bankshares Corporation reported second quarter 2026 net income of $158.0 million, or $1.11 per diluted…
AUB-PAAtlantic Union Bankshares Corp
Atlantic Union Bankshares Corporation reported second quarter 2026 net income of $158.0 million, or $1.11 per diluted share, compared to $119.2 million in the prior year's second quarter. The company achieved a 32.6% increase in net income available to common shareholders. Noninterest income rose to $90.2 million, bolstered by a $32.3 million pre-tax gain from the sale of its equity interest in Bearing Insurance Group, LLC. Net interest income reached $325.1 million, with a net interest margin of 3.89%. The company repurchased $10.0 million of common stock during the quarter. Atlantic Union Bankshares Corporation is a financial services holding company that operates Atlantic Union Bank.