What is Atlantic Union Bankshares Efficiency Overhead Ratio %?
Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
Atlantic Union Bankshares's Efficiency Overhead Ratio % for the quarter that ended in Mar. 2024 was 60.72%
, which is higher than
58.82% for the pervious quarter ended in Dec. 2023.
Atlantic Union Bankshares's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 61.32%
, which is higher than
57.46% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Atlantic Union Bankshares's Efficiency Overhead Ratio % or its related term are showing as below:
AUB's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Efficiency Overhead Ratio % only.
Atlantic Union Bankshares Efficiency Overhead Ratio % Historical Data
The historical data trend for Atlantic Union Bankshares's Efficiency Overhead Ratio % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Atlantic Union Bankshares Efficiency Overhead Ratio % Chart
Competitive Comparison of Atlantic Union Bankshares's Efficiency Overhead Ratio %
For the Banks - Regional subindustry, Atlantic Union Bankshares's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Atlantic Union Bankshares (NYSE:AUB) Efficiency Overhead Ratio % Calculation
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio %
=
Non-interest Expenses
/
Revenue
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Atlantic Union Bankshares (NYSE:AUB) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
Atlantic Union Bankshares Efficiency Overhead Ratio % Related Terms
Thank you for viewing the detailed overview of Atlantic Union Bankshares's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Atlantic Union Bankshares (Atlantic Union Bankshares) Business Description
Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for a commercial, industrial, residential mortgage, and consumer purposes. The company has one reportable segment, which largely consists of the traditional full-service community banking business. Much of the company revenue streams from overdraft and service fees and comes from the United States.
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