The latest announcement is out from Atlantic Union Bankshares ( (AUB) ).
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Atlantic Union Bankshares reported strong financial outcomes for Q3 2024, with net income reaching $73.4 million and earnings per share of $0.82. The integration of American National Bankshares has enhanced their earnings potential, and the company remains focused on soundness and growth. Despite a slight decrease in net interest income due to increased interest expenses, the bank sees promising expansion opportunities, particularly in North Carolina, while maintaining asset quality with stable nonperforming assets.
Learn more about AUB stock on TipRanks’ Stock Analysis page.
