Union Bankshares (NYSE:AUB) announced its quarterly earnings results on Tuesday. The company reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.01, Fidelity Earnings reports. The company had revenue of $164.32 million during the quarter, compared to analyst estimates of $166.70 million.
Shares of AUB opened at $35.53 on Friday. The company’s fifty day moving average is $37.45 and its two-hundred day moving average is $37.13. Union Bankshares has a fifty-two week low of $30.59 and a fifty-two week high of $40.20.
In related news, Director Ronald L. Tillett sold 1,300 shares of Union Bankshares stock in a transaction on Monday, October 28th. The shares were sold at an average price of $37.85, for a total transaction of $49,205.00. Also, insider Low Robin bought 2,060 shares of Union Bankshares stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of $12.16 per share, for a total transaction of $25,055.78.
About Union Bankshares
Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services.
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