Inferra AI / Company / AUB
Atlantic Union Bankshares Corp
AUB · Financials
Last earnings Oct 20, 2026
Key results
Net incomequarter
$158.0 million
, July 21, 2026 Atlantic Union Bankshares Corporation (the Company or Atlantic Union ) (NYSE: AUB) reported net income available to common shareholders of $158.0 million and both basic and diluted earnings per common share of $1.11, for the second quarter of 2026 and adjusted operating earnings available to common shareholders (1) of $134.0 million and adjusted diluted operating earnings per common share (1) of $0.94 for the second quarter of 2026.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Operating incomequarter
$2.8 million
These increases were partially offset by a $2.8 million decrease in other operating income, primarily due to a decrease in equity method investment income, reflecting the impact of the Bearing Insurance equity interest sale and mark-to-market valuation losses on certain investments.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Adjusted operating earnings available to common shareholders1 increased 6.2% from the prior quarter primarily due to: • An increase in net interest income, as described above; • An increase in adjusted noninterest income1 , primarily due to a $2.5 million increase in loan-related interest rate swap fees, and a $1.3 million increase in fiduciary and asset management fees, partially offset by a $2.8 million decrease in other operating income; • Partially offset by an increase in income tax expense, as described above.
SEC original ↗Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit)EX-99Jul 21, 2026
AI analysis
Q2 2026 · reported Jul 21, 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $158.0 million | — | — |
| Operating income | $2.8 million | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Share Repurchase Program During the second quarter of 2026, the Company s Board of Directors authorized a share repurchase program (the Repurchase Program ) to purchase up to $250 million of the Company s common stock through May 5, 2027 in open market transactions or privately negotiated transactions, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the Exchange Act ).
Event summary
Atlantic Union delivered strong second quarter financial results, driven by well-distributed loan growth, deposit growth, and solid asset quality, said John C
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Share Repurchase Program During the second quarter of 2026, the Company s Board of Directors authorized a share repurchase program (the Repurchase Program ) to purchase up to $250 million of the Company s common stock through May 5, 2027 in open market transactions or privately negotiated transactions, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the Exchange Act ).
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
As part of the Repurchase Program, approximately 265 thousand common shares (or $10.0 million) were repurchased during the second quarter of 2026 at an average purchase price of $37.76.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Approximately $240.0 million remains available under the Repurchase Program for future share repurchases.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Net interest income and net interest income (FTE) (1) also increased due to lower interest expense on long-term borrowing costs, primarily due to reduced acquisition accounting related borrowing amortization.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Cost of funds was 1.94% for the second quarter of 2026, unchanged from the prior quarter, as increases in deposit costs were offset by lower acquisition accounting-related borrowing amortization.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
(3) The preferred stock dividend was equivalent to $0.43 per outstanding depositary share for each period presented.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Strategy & priorities
Operating under the mantra of soundness, profitability, and growth in that order of priority Atlantic Union remains committed to generating sustainable, profitable growth and building long-term value for our shareholders.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
STRATEGIC ACTIONS Bearing Insurance Group, LLC ( Bearing Insurance ) Sale The Company completed the sale of its equity interest (held by the Company s indirect subsidiary, Union Insurance Group, LLC) in Bearing Insurance to an unaffiliated third party, effective May 1, 2026, resulting in a pre-tax gain of approximately $32.3 million during the second quarter of 2026.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Asbury s quotations; statements regarding our strategic expansion into North Carolina; statements regarding our business, financial and operating results, including our deposit base and funding; the impact of changes in economic conditions, the interest rate environment, economic, fiscal or trade policy and the potential related impacts on our business and loan demand; management s beliefs regarding our liquidity, capital resources, asset quality, CRE loan portfolio and our customer relationships; and statements that include other projections, predictions, expectations, or beliefs about future events or results or otherwise are not statements of historical fact.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
government shutdowns, and slowdowns in economic growth; the possibility that the anticipated benefits of our acquisition activity, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of the strength of the economy, competitive factors in the areas where we do business, or as a result of other unexpected factors or events; potential adverse reactions or changes to business or employee relationships; our ability to identify, recruit and retain key employees; monetary, fiscal and regulatory policies of the U.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
The Company believes tangible common equity is an important indication of its ability to grow organically and through business combinations as well as its ability to pay dividends and to engage in various capital management strategies.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
Risks & headwinds
Such forward-looking statements are based on certain assumptions as of the time they are made, and are inherently subject to known and unknown risks, uncertainties, and other factors, some of which cannot be predicted or quantified, that may cause actual results, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein.
SEC original ↗Atlantic Union Bankshares Corp — Earnings release (8-K exhibit)EX-99Jul 21, 2026
All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein.
SEC original ↗Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit)EX-99Jul 21, 2026
Data regarding the industries and markets in which the Company competes, its market position and market share within these industries are inherently imprecise and are subject to significant business, economic and competitive uncertainties beyond the Company's control.
SEC original ↗Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit)EX-99Jul 21, 2026
In addition, assumptions and estimates of the Company and its industries' future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors.
SEC original ↗Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit)EX-99Jul 21, 2026
These statements are based on current beliefs and expectations of our management and are subject to significant risks and uncertainties, including, but not limited to, volatility and uncertainty in the macro economic environment, changes in federal and state governmental policies, the imposition or expansion of tariffs, sustained inflationary pressures, macroeconomic conditions, and geopolitical instability.
SEC original ↗Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit)EX-99Jul 21, 2026
Earnings deck slides
0 decks with slide viewAtlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Atlantic Union Bankshares Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
37 documentsEarnings releases
7 documentsPresentations
6 documents
Transcripts
0 documentsNo transcripts for Atlantic Union Bankshares Corp are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Atlantic Union Bankshares Corp by name or ticker. A mention is counted once per document, from the document text the library holds.
“d only considers cash flow from primary sources of repayment. Note: Proxy Peers are AMTB, AUB, BUSE, BY, CLBK, CNOB, CVBF, DCOM,… …5 Pledged Non-Marketable Securities C&I Other US 80,500 1.2% Pass 5/15/2029 N/A N/A N/A 8.13 V No 6 Data Center Income ”
See also the earnings calendar for every tracked company’s next earnings date.