GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Atlantic Union Bankshares Corporation (AUB) on Monday reported third-quarter net income of $76.4 million.
The Glen Allen, Virginia-based bank said it had earnings of 82 cents per share. Earnings, adjusted for non-recurring costs, were 83 cents per share.
The holding company for Atlantic Union Bank posted revenue of $358.8 million in the period. Its revenue net of interest expense was $221.1 million, which fell short of Street forecasts.
Atlantic Union shares have increased 6% since the beginning of the year. The stock has risen 31% in the last 12 months.
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