# Atlantic Union Q3 2026 Earnings Report

> Atlantic Union Bankshares reports $133.7m net income with 8.6% loan growth and 3.88% net interest margin decline.
- Title: Atlantic Union Q3 2026 Earnings Report · The Motley Fool
- Summary: Atlantic Union Bankshares reports $133.7m net income with 8.6% loan growth and 3.88% net interest margin decline. Atlantic Union Bankshares reported Q3 2026…
- Keywords: atlantic union, aub, q3 2026, earnings call, net interest margin, loan growth, commercial lending, construction lending, north carolina expansion, subordinated debt refinancing, finance, money
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/20/atlantic-union-aub-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-20T17:28:02+00:00
- Read time: 2 min
- Topics: atlantic union, aub, q3 2026, earnings call, net interest margin, loan growth, commercial lending, construction lending, north carolina expansion, subordinated debt refinancing, finance, money
## Q3 2026 Results
Atlantic Union Bankshares reported third quarter results with $133.7 million net income available to common shareholders.
## Net Interest Margin
Net interest margin declined 6 basis points to 3.88% due to increased funding costs and customer migration into interest-bearing products.
## Loan Growth
Loans held for investment reached $29.3 billion at period-end, reflecting 8.6% annualized growth from June 30.
## Deposit Growth
Total deposits increased to $31.0 billion at period-end, a 6.5% annualized increase from the prior quarter.
## Subordinated Debt Refinancing
Completed $250 million subordinated debt refinancing to redeem $168 million of existing higher-rate debt.
## North Carolina Expansion
Planned to add 7 new branches in Raleigh region with 1 already open and 2 scheduled for early November.
## Credit Quality
Nonperforming assets decreased to 0.37% of total loans held for investment from 0.39% at June 30.
## Net Charge-Offs
Net charge-offs remained stable at 0.03% of average loans annualized compared to second quarter.
## Full-Year Guidance
Maintained full-year net interest income guidance of $1.32 billion to $1.33 billion with net interest margin guidance of 3.90% to 3.95%.
## Tangible Book Value
Tangible book value per share declined to $20.36 from $20.77 at end of second quarter due to unrealized losses.
## Brokered Deposits
Brokered deposits represented 3.5% of total deposits at quarter-end with most temporary funds returning early in fourth quarter.
## Loan to Deposit Ratio
Loan to deposit ratio improved to 93.7% as of October 19 from 94.6% at September 30.
## Share Repurchases
Repurchased $62.5 million of common stock during the quarter, totaling approximately 1.5 million shares at $41.38 per share.
## Commercial Real Estate
Higher financing and project costs likely to slow new construction and delay some projects in commercial real estate.
## North Carolina Expansion
Expanding commercial banking teams in North Carolina with 3 additional locations planned for Wilmington in 2027.
## Full-Year Outlook
Expected full-year loan growth toward lower end of high single digit range with deposit growth in lower single digit range.
## Key takeaway

Atlantic Union Bankshares reported Q3 2026 net income of $133.7m with 8.6% annualized loan growth and a 3.88% net interest margin.