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)

9 Months Ended

Sep. 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 nine months ended September 30, 2021 and 2020 (dollars in thousands except per share data):


		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2021			2020			2021			2020
Net Income:
Net Income		$	74,565		$	61,000		$	216,138		$	98,798
Less: Preferred Stock Dividends			2,967			2,691			8,901			2,691
Net income available to common shareholders		$	71,598		$	58,309		$	207,237		$	96,107


Weighted average shares outstanding, basic			76,309			78,714			77,989			78,905
Dilutive effect of stock awards			14			11			19			16
Weighted average shares outstanding, diluted			76,323			78,725			78,008			78,921

Earnings per common share, basic		$	0.94		$	0.74		$	2.66		$	1.22
Earnings per common share, diluted		$	0.94		$	0.74		$	2.66		$	1.22