What is the market's earnings forecast for Atlantic Union next quarter?

What factors drove the changes in Atlantic Union's revenue and profit?

Did Atlantic Union beat or miss consensus estimates last quarter?

What guidance did Atlantic Union's management provide for the next earnings period?

What were the key takeaways from Atlantic Union’s earnings call?

What is the revenue and EPS growth rate for Atlantic Union year over year?

What were the key takeaways from Atlantic Union's earnings call?

What does Atlantic Union do and what are its main business segments?

- **Mid-single-digit loan growth**: 4.3% Q3 growth, with 35% of production from new clients and pipelines supporting high single-digit potential. 
- **Efficiency ratio target**: 45-46% in 2026, excluding Sandy Spring amortization. 
- **North Carolina expansion**: 20 bankers added to target manufacturing hubs, with low market share. 
- **Credit resilience**: 0.49% nonperforming assets, 4.9% criticized loans, and no systemic issues. 
- **Capital return**: Buybacks possible if CET1 exceeds 10.5%, targeting H2 2026.

**【CEO Summary Section】**
- **Third-quarter performance**: Solid results with loan growth of 4.3% annualized, driven by specialty lines and Sandy Spring integration. 
- **Sandy Spring integration**: Core systems conversion completed, with $116 million in broker deposit reductions and 4% annualized growth in noninterest-bearing deposits. 
- **Credit quality**: Nonperforming assets at 0.49% of loans, criticized assets down $250 million, and charge-offs at 56 basis points annualized. 
- **Government contractor resilience**: Despite shutdown, defense contractors maintain payroll via lines of credit, with pipelines showing mid-single-digit growth. 
- **2026 outlook**: Mid-single-digit loan growth target, with potential for high single-digit in specialty lines, and North Carolina expansion as a key growth driver.

**【CFO Financial Commentary】**
- **Net income**: GAAP net income $89.2 million, adjusted operating EPS $0.84, with efficiency ratio 48.8%. 
- **Margin dynamics**: Tax-equivalent net interest margin 3.83%, stable due to accretion income offsetting cost declines. 
- **Cost savings**: $34.8 million in merger-related costs excluded, with Sandy Spring cost saves fully in run rate by early 2026. 
- **2025 guidance**: Full-year net interest income $1.16-$1.165 billion, noninterest income $185-$190 million, and expenses $675-$680 million. 
- **2026 expectations**: Mid-40s efficiency ratio (45-46%), with flat absolute expense growth despite North Carolina investments.

**【Q&A Highlights】**
- **Loan growth sustainability**: Mid-single-digit target for 2026, with 35% of production from new clients and pipelines supporting high single-digit potential. 
- **Deposit cost management**: 45-46% efficiency ratio achievable with rate cuts, as 85% of deposits reprice to Fed cuts. 
- **Credit trends**: No systemic issues, with 0.49% nonperforming assets and 4.9% criticized loans. 
- **North Carolina expansion**: 20 bankers added, targeting manufacturing/distribution hubs with low market share. 
- **Capital return**: CET1 target 10-10.5%, with buybacks possible if capital exceeds 10.5% in H2 2026.

Atlantic Union Bankshares Corporation (AUB) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

AUB

AUB fundamentals

You can ask Aime