How did AUB's Q4 2024 earnings surprise impact its annual performance?

Atlantic Union Bank's (AUB) Q4 2024 earnings surprise had a significant negative impact on its annual performance, as evidenced by the substantial revenue shortfall and the negative EPS surprise.

1. **Revenue Shortfall**: The revenue surprise for Q4 2024 was a shortfall of $3.97 million. This indicates that the bank's actual revenue for the quarter was below market expectations.

2. **Negative EPS Surprise**: The EPS surprise for Q4 2024 was a shortfall of $0.12. This suggests that the bank's earnings per share for the quarter were lower than anticipated, contributing to a weaker annual performance.
3. **Annual Performance Impact**: Considering that Q4 is one of the four quarters of the year, the revenue and earnings shortfalls in this quarter can have a disproportionate impact on the annual figures. The cumulative total revenue for the year was $817.42 million, with the shortfall occurring in one quarter. This shortfall could lead to a material reduction in annual earnings and, consequently, the bank's overall financial performance for the year.

In conclusion, AUB's Q4 2024 earnings surprise, with a negative EPS surprise and a significant revenue shortfall, is likely to have adversely affected the bank's annual performance, leading to lower earnings and revenue figures for the year.