Yahoo Finance Atlantic Union Bankshares Third Quarter 2022 Earnings: EPS Misses Expectations
Atlantic Union Bankshares (NASDAQ:AUB) Third Quarter 2022 Results
Key Financial Results
Revenue: US$169.9m (down 8.8% from 3Q 2021).
Net income: US$55.1m (down 23% from 3Q 2021).
Profit margin: 32% (down from 38% in 3Q 2021).
EPS: US$0.74 (down from US$0.94 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Atlantic Union Bankshares EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Atlantic Union Bankshares' balance sheet health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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