Atlantic Union Bankshares reported fourth-quarter adjusted earnings of $0.97 per share, surpassing the Zacks Consensus Estimate of $0.86 by 11 cents. This result represents a 45% increase from the $0.67 per share earned in the same quarter a year ago. The outperformance was driven by improved net interest income and disciplined expense management, helping to offset pressure on non-interest revenue.

On a GAAP basis, Atlantic Union’s quarterly net income rose by over 40% year-over-year, reflecting higher loan yields and improved deposit margins. Average loans expanded by 6% compared with the prior year period, while average deposits grew by 4%, supporting the bank’s core funding base. Non-performing assets remained below 0.50% of total assets, highlighting continued credit quality discipline.

During the earnings call, President and CEO John Asbury and CFO Rob Gorman emphasized a focus on digital channel investments, targeted commercial lending growth in key Mid-Atlantic markets, and continued expense optimization. They noted that the recent integration of a regional partner bank has contributed to $6 million in annualized efficiency savings, with further cost synergies expected in 2026.

Atlantic Union declared a quarterly dividend of $0.28 per share, marking the 12th consecutive annual increase and yielding approximately 3.2% on an annualized basis. The bank exited the quarter with a Common Equity Tier 1 capital ratio of 10.8%, well above regulatory minimums, providing ample capacity for organic growth and shareholder distributions.