Atlantic Union Bankshares Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents EPS from continuing operations, discontinued operations and total net income available to common shareholders for the years ended December 31, (in thousands except per share data):


	2020		2019		2018
Net Income:
Income from continuing operations	$	158,228	$	193,698	$	149,413
Income (loss) from discontinued operations		—		(170)		(3,165)
Net income		158,228		193,528		146,248
Preferred Stock Dividends		5,658		—		—
Net income available to common shareholders	$	152,570	$	193,528	$	146,248

Weighted average shares outstanding, basic		78,859		80,201		65,859
Dilutive effect of stock awards and warrants		17		63		50
Weighted average shares outstanding, diluted		78,876		80,264		65,909

Basic EPS:
EPS from continuing operations	$	1.93	$	2.41	$	2.27
EPS from discontinued operations		—		—		(0.05)
EPS available to common shareholders	$	1.93	$	2.41	$	2.22

Diluted EPS:
EPS from continuing operations	$	1.93	$	2.41	$	2.27
EPS from discontinued operations		—		—		(0.05)
EPS available to common shareholders	$	1.93	$	2.41	$	2.22