Atlantic Union Bankshares Corporation (AUB) Q1 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Atlantic Union: Q1 Earnings Snapshot
April 22, 2021
FacebookTwitterEmail
RICHMOND, Va. (AP) Atlantic Union Bankshares Corporation (AUB) on Thursday reported first-quarter earnings of $56.2 million.
The bank, based in Richmond, Virginia, said it had earnings of 67 cents per share. Earnings, adjusted for non-recurring costs, were 82 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
The holding company for Atlantic Union Bank posted revenue of $178.7 million in the period. Its revenue net of interest expense was $168.9 million, which fell short of Street forecasts.
Atlantic Union shares have increased 16% since the beginning of the year. The stock has climbed 80% in the last 12 months.
Nathalia Daguano Artus: The building blocks of financial literacy
Published Sunday, Apr. 18, 2021, 7:02 am
Join AFP s 100,000+ followers on Facebook
Purchase a subscription to AFP
Subscribe to AFP podcasts on iTunes and Spotify
News, press releases, letters to the editor: augustafreepress2@gmail.com
Nathalia Daguano Artus. Photo courtesy Atlantic Union Bank.
It is never too early to start teaching children how to manage money, especially since the window for establishing good habits may be short. University of Cambridge research suggests spending and saving habits are formed in early childhood and are set by age seven.
Do not underestimate a child’s ability to understand money. We make financial decisions every day for our family, and children will only benefit from being part of the conversation. Whether you offer your children a three-jar allowance, or help them open their first bank account, there are many ways to include kids in the financial planning process. Here ar
th-annual Art at the River juried art show from 10 a.m. to 4 p.m.
More than 40 local artists will display their work, including paintings, photographs, jewelry, pottery and woodworks.
Attendees will vote on the People’s Choice Award.
At 10 a.m., the Fifes and Drums of York Town will perform, followed by Audio Portrait at 11 a.m.
The juried art show is sponsored by the Art at the River Committee, York County and the Yorktown Foundation.
Parking for both events is available for free at the Riverwalk Landing Parking Terrace. The free Yorktown Trolley runs from 11 a.m. to 5 p.m.
Four ways to rebuild your financial security
By: Erica Greenway
and last updated 2021-04-07 17:39:36-04
NORFOLK, Va. - The pandemic has drastically changed the financial situation of many Americans over the past year.
There are signs of improvement, though.
Virginia s unemployment rate dropped to 5.2 percent in February, according to the Virginia Employment Commission.
With another round of stimulus checks recently sent out and many due for tax refunds soon, Maria Tedesco, President of Atlantic Union Bank, says this is a good time for people to start resetting their financial goals. Reflect on what you did well and what you can do better for the future when it comes to financial stability, said Tedesco.