Atlantic Union Bankshares Q3 Net Income Rises to $133.67 Million, Authorizes $250 Million Buyback

Atlantic Union Bankshares Corp. (AUB) reported higher third-quarter 2026 profit compared with a year earlier and disclosed a $250 million share repurchase authorization. Net income attributable to shareholders rose to $133.67 million, or $0.94 per share, from $89.17 million, or $0.63 per share, in the prior-year quarter. Adjusted operating earnings available to common shareholders increased to $135.63 million, or $0.96 per share, from $119.73 million, or $0.84 per share. Net interest income rose to $328.42 million from $319.21 million. The company authorized the $250 million buyback on May 5, 2026, running through May 5, 2027. During the third quarter, it repurchased about 1.5 million shares for $62.5 million at an average price of $41.38 per share. Shares closed Tuesday's trading up 1.19 percent and were trading at $38.21 after hours on the NYSE.