Atlantic Union Sees 2026 Net Interest Margin at Low End of Outlook

Atlantic Union Bankshares Corporation expects its 2026 fully taxable equivalent (FTE) net interest margin near the bottom of its forecast range after the quarterly measure fell as funding costs rose. The company maintained its full-year outlook of about 3.90% to 3.95%, the same range it gave in July, but now expects a result at the low end. It also expects full-year FTE net interest income near the low end of about $1.32 billion to $1.33 billion. For the quarter ended Sept. 30, FTE net interest margin was 3.88%, down from 3.94% in the second quarter.

Source: TokenPost