Atlantic Historical Income Statement

AUB Stock  USD 33.57  0.35  1.05%   
Historical analysis of Atlantic Union income statement accounts such as Interest Expense of 360.6 M, Selling General Administrative of 269.4 M or Total Revenue of 731.1 M can show how well Atlantic Union Bankshares performed in making a profits. Evaluating Atlantic Union income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Atlantic Union's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Atlantic Union Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atlantic Union Bankshares is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

About Atlantic Income Statement Analysis

Atlantic Union Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Atlantic Union shareholders. The income statement also shows Atlantic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Atlantic Union Income Statement Chart

Atlantic Union Bankshares Income Statement is one of the three primary financial statements used for reporting Atlantic's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Atlantic Union Bankshares revenue and expense. Atlantic Union Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Atlantic Union's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 360.6 M, whereas EBIT is forecasted to decline to about 122.5 M.

Total Revenue

Total revenue comprises all receipts Atlantic Union Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Atlantic Union Bankshares minus its cost of goods sold. It is profit before Atlantic Union operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Atlantic Union Bankshares. It is also known as Atlantic Union overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Atlantic Union's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Atlantic Union Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, Atlantic Union's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 360.6 M, whereas EBIT is forecasted to decline to about 122.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense41.1M76.2M343.4M360.6M
Depreciation And Amortization13.9M10.8M41.0M43.0M

Atlantic Union income statement Correlations

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0.560.660.990.990.730.760.740.77-0.250.94-0.290.940.910.910.880.860.770.890.85-0.890.15
0.590.670.991.00.80.820.750.77-0.290.95-0.380.950.890.910.90.870.770.930.88-0.920.17
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0.390.410.730.80.80.770.60.63-0.620.76-0.610.780.610.740.790.760.60.870.78-0.830.32
0.430.470.760.820.820.770.810.82-0.390.88-0.740.890.740.680.880.760.790.880.78-0.77-0.15
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0.10.20.770.770.770.630.821.0-0.490.85-0.390.840.850.80.90.850.80.770.67-0.69-0.19
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0.50.580.940.950.950.760.880.830.85-0.29-0.381.00.950.840.970.870.920.930.85-0.91-0.05
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0.510.590.940.950.950.780.890.820.84-0.291.0-0.410.940.840.970.870.910.940.86-0.92-0.04
0.380.470.910.890.890.610.740.840.85-0.240.95-0.140.940.840.910.820.920.80.72-0.84-0.15
0.450.510.910.910.90.740.680.770.8-0.390.84-0.210.840.840.830.890.650.810.8-0.780.3
0.360.450.880.90.90.790.880.880.9-0.410.97-0.430.970.910.830.910.90.940.86-0.88-0.01
0.370.530.860.870.870.760.760.820.85-0.340.87-0.350.870.820.890.910.750.910.89-0.860.25
0.330.40.770.770.780.60.790.790.8-0.230.92-0.260.910.920.650.90.750.790.69-0.83-0.29
0.550.650.890.930.930.870.880.740.77-0.320.93-0.540.940.80.810.940.910.790.96-0.950.21
0.660.770.850.880.880.780.780.620.67-0.150.85-0.460.860.720.80.860.890.690.96-0.890.37
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0.330.380.150.170.170.32-0.15-0.24-0.19-0.06-0.050.02-0.04-0.150.3-0.010.25-0.290.210.37-0.18
Click cells to compare fundamentals

Atlantic Union Account Relationship Matchups

Atlantic Union income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.5M16.6M13.9M10.8M41.0M43.0M
Interest Expense161.5M98.2M41.1M76.2M343.4M360.6M
Selling General Administrative237.3M242.6M254.6M239.2M256.5M269.4M
Total Revenue670.7M686.8M677.1M696.2M696.3M731.1M
Gross Profit670.7M686.8M677.1M696.2M696.3M731.1M
Other Operating Expenses439.6M500.5M358.3M305.5M233.1M244.8M
Operating Income231.1M186.3M318.8M390.7M233.1M244.8M
Ebit231.1M186.3M318.8M390.7M192.1M122.5M
Ebitda249.6M202.9M332.7M401.6M233.1M132.6M
Total Operating Expenses(439.6M)(500.5M)(358.3M)(305.5M)233.1M244.8M
Income Before Tax231.3M186.3M318.8M280.0M239.9M251.9M
Total Other Income Expense Net170K(98.2M)(41.1M)(110.8M)(31.3M)(32.9M)
Net Income193.5M158.2M263.9M234.5M201.8M211.9M
Income Tax Expense37.6M28.1M54.8M45.4M38.1M40.0M
Selling And Marketing Expenses11.6M9.9M9.9M9.2M10.4M8.5M
Net Income From Continuing Ops193.7M158.2M263.9M234.5M201.8M133.0M
Net Income Applicable To Common Shares193.5M152.6M252.0M222.6M256.0M268.8M
Tax Provision37.6M28.1M54.8M45.4M38.1M38.8M
Net Interest Income537.9M555.3M551.3M584.3M611.0M496.7M
Interest Income699.3M653.5M592.4M660.4M954.5M610.0M
Reconciled Depreciation40.0M43.1M13.9M10.8M41.0M22.9M

Pair Trading with Atlantic Union

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atlantic Union position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atlantic Union will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atlantic Stock

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Moving against Atlantic Stock

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The ability to find closely correlated positions to Atlantic Union could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantic Union when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atlantic Union - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atlantic Union Bankshares to buy it.
The correlation of Atlantic Union is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atlantic Union moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantic Union Bankshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atlantic Union can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Atlantic Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atlantic Union's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atlantic Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atlantic Union Bankshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic Union Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Atlantic Union's price analysis, check to measure Atlantic Union's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlantic Union is operating at the current time. Most of Atlantic Union's value examination focuses on studying past and present price action to predict the probability of Atlantic Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantic Union's price. Additionally, you may evaluate how the addition of Atlantic Union to your portfolios can decrease your overall portfolio volatility.
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Is Atlantic Union's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlantic Union. If investors know Atlantic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlantic Union listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
1.22
Earnings Share
2.53
Revenue Per Share
8.942
Quarterly Revenue Growth
(0.04)
The market value of Atlantic Union Bankshares is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic Union's value that differs from its market value or its book value, called intrinsic value, which is Atlantic Union's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlantic Union's market value can be influenced by many factors that don't directly affect Atlantic Union's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlantic Union's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic Union is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic Union's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.