Atlantic Union Bankshares Corp (AUB) released a profit for third quarter in line with the Street estimates.
The company's bottom line came in at $89.17 million, or $0.63 per share. This compares with $73.45 million, or $0.82 per share, last year.
Excluding items, Atlantic Union Bankshares Corp reported adjusted earnings of $0.84 per share for the period.
Analysts on average had expected the company to earn $0.84 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 69.8% to $375.38 million from $221.12 million last year.
Atlantic Union Bankshares Corp earnings at a glance (GAAP) :
-Earnings: $89.17 Mln. vs. $73.45 Mln. last year.-EPS: $0.63 vs. $0.82 last year.-Revenue: $375.38 Mln vs. $221.12 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.