Atlantic Union Bankshares reports Q1 adjusted EPS 89c, consensus 87c

“Atlantic Union had a solid first quarter, reflecting disciplined execution and a successful conclusion of the Sandy Spring Bancorp, Inc. integration,” said John Asbury, president and CEO of Atlantic Union. “Asset quality remains strong, our annualized first quarter loan growth rate improved year over year during a seasonally slow period and we continued to reduce higher costing brokered deposits. The underlying operating performance supports our continued confidence in achieving the financial metrics we established for the full year 2026 -namely, the targets for adjusted operating return on assets, return on tangible common equity, and efficiency ratio.