- Atlantic Union Bank press release ( NYSE: AUB ): Q4 Non-GAAP EPS of $0.90 beats by $0.09 .
- Revenue of $192.47M (+8.1% Y/Y) beats by $4.63M .
- The allowance for credit losses totaled $124.4M at December 31, 2022, a $5.4M increase from the prior quarter.
- At December 31, 2022, NPAs totaled $27.1M, a decrease of $1.5M from September 30, 2022.
- For the quarter ended December 31, 2022, the company recorded a provision for credit losses of $6.3M, compared to a provision for credit losses of $6.4M in the previous quarter, and a negative provision for credit losses of $1.0M in the fourth quarter of 2021.
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Atlantic Union Bank Non-GAAP EPS of $0.90 beats by $0.09, revenue of $192.47M beats by $4.63M