Bank projects stable deposit competition despite strong Q2 2026 results and a $32.3 million pre-tax gain from asset sales.
Atlantic Union Bankshares (AUB) expects full-year 2026 net interest income between $1.32 billion and $1.33 billion. The outlook reflects elevated but stable deposit competition and follows a strong Q2 2026 performance.
The bank reported no merger-related costs for the first time in two years and recorded a $32.3 million pre-tax gain from the sale of assets. Prior quarters had included significant merger expenses, weighing on profitability.
Management highlighted improved efficiency and a focus on core banking operations as key drivers for the optimistic forecast.