Atlantic Union Bankshares Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents basic and diluted EPS calculations for the three and six months ended June 30, 2021 and 2020 (dollars in thousands except per share data):


		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2021			2020			2021			2020
Net Income:
Net Income		$	85,384		$	30,709		$	141,573		$	37,798
Less: Preferred Stock Dividends			2,967			—			5,934			—
Net income available to common shareholders		$	82,417		$	30,709		$	135,639		$	37,798


Weighted average shares outstanding, basic			78,820			78,712			78,842			79,001
Dilutive effect of stock awards			24			11			22			19
Weighted average shares outstanding, diluted			78,844			78,723			78,864			79,020

Earnings per common share, basic		$	1.05		$	0.39		$	1.72		$	0.48
Earnings per common share, diluted		$	1.05		$	0.39		$	1.72		$	0.48