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AUB

Atlantic Union Bankshares Corp

$35.46

Earnings Summary

Revenue
$175.19Mn
Net Profits
$62.23Mn
Net Profit Margins
35.52%
PE Ratio
12.26

Highlights

Revenue:

Atlantic Union Bankshares Corp’s revenue jumped 4.84% since last year same period to $175.19Mn in the Q2 2022. On a quarterly growth basis, Atlantic Union Bankshares Corp has generated 9.97% jump in its revenue since last 3-months.

Net Profits:

Atlantic Union Bankshares Corp’s net profit fell -27.12% since last year same period to $62.23Mn in the Q2 2022. On a quarterly growth basis, Atlantic Union Bankshares Corp has generated 42.43% jump in its net profits since last 3-months.

Net Profit Margins:

Atlantic Union Bankshares Corp’s net profit margin fell -30.48% since last year same period to 35.52% in the Q2 2022. On a quarterly growth basis, Atlantic Union Bankshares Corp has generated 29.52% jump in its net profit margins since last 3-months.

PE Ratio:

Atlantic Union Bankshares Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 12.26.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Atlantic Union Bankshares Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.8
EPS Estimate Current Year
0.8

Highlights

EPS Estimate Current Quarter:

Atlantic Union Bankshares Corp’s earning per share (EPS) estimates for the current quarter stand at 0.8 - a 12.68% jump from last quarter’s estimates.

EPS Estimate Current Year:

Atlantic Union Bankshares Corp’s earning per share (EPS) estimates for the current year stand at 0.8.

Key Ratios

Key ratios of the Atlantic Union Bankshares Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.79
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
1.12

Highlights

Earning Per Share (EPS):

Atlantic Union Bankshares Corp’s earning per share (EPS) fell -24.76% since last year same period to 0.79 in the Q2 2022. This indicates that the Atlantic Union Bankshares Corp has generated -24.76% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Atlantic Union Bankshares Corp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Atlantic Union Bankshares Corp’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Atlantic Union Bankshares Corp declared 1.12 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-04
0.71
0.79
11.27%
2022-05-05
0.63
0.54
-14.29%

Company Information

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank. Atlantic Union Bank has 129 branches and approximately 150 ATMs located throughout Virginia, and in portions of Maryland and North Carolina. Atlantic Union Bank Wealth Management is a brand name used by Atlantic Union Bank and certain affiliates when providing trust, wealth management, private banking, and investment advisory products and services. Certain non-bank affiliates of Atlantic Union Bank include: Old Dominion Capital Management, Inc., and its subsidiary, Outfitter Advisors, Ltd., and Dixon, Hubard, Feinour, & Brown, Inc., which provide investment advisory services; Atlantic Union Financial Consultants, LLC, which provides brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products.

Organisation
Atlantic Union Bankshares Corp
Employees
1.88K
Industry
Regional Banks