Atlantic Union Bankshares Corporation (AUB) Q3 FY2026 earnings

Reported results

• Net interest income (GAAP) was $328.4 million for Q3 2026, up $3.3 million from $325.1 million in Q2 2026.
• Net interest income (FTE) (non-GAAP) was $333.1 million for Q3 2026, up $3.4 million from $329.7 million in Q2 2026.
• Adjusted operating earnings available to common shareholders (non-GAAP) was $135.6 million for Q3 2026, up from $134.0 million in Q2 2026.
• Adjusted diluted operating earnings per common share (non-GAAP) was $0.96 for Q3 2026, up from $0.94 in Q2 2026.
• Provision for credit losses was $5.7 million for Q3 2026, down from $11.7 million in Q2 2026.
• Nonperforming assets as a percentage of total LHFI was 0.37% at September 30, 2026, down 2 basis points from June 30, 2026.

Notes

During Q3 2026, the company issued $250.0 million in aggregate principal amount of 6.25% Fixed-to-Floating Rate Subordinated Notes due August 1, 2036, with net proceeds of approximately $246.8 million used to redeem $168.0 million principal amount of 4.25% Fixed-to-Floating Rate Subordinated Notes due 2029, resulting in a $2.7 million pre-tax loss on debt extinguishment. The company repurchased approximately 1.5 million shares for $62.5 million at an average price of $41.38 per share during Q3 2026 under a $250.0 million repurchase program authorized in May 2026. Effective January 1, 2026, the company made changes to its ACL methodology as part of continued enhancements to credit modeling practices, accounted for prospectively as a change in accounting estimate with no material impact.

Price and volatility reaction

The stock moved +1.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.0 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-20 (8-K, Item 2.02). Read the original filing on sec.gov.