Welcome to our dedicated page for Atlantic Un Bankshares news (Ticker: AUB), a resource for investors and traders seeking the latest updates and insights on Atlantic Un Bankshares stock.
Atlantic Union Bankshares Corporation (NYSE: AUB) is a Virginia-incorporated financial holding company and bank holding company for Atlantic Union Bank, a full-service community bank headquartered in Richmond, Virginia. The AUB news feed highlights how the company executes its commercial banking strategy across its Wholesale Banking and Consumer Banking segments.
News coverage for Atlantic Union Bankshares often includes quarterly and annual financial results, where the company reports net income, net interest income, net interest margin, asset quality metrics, and allowance for credit losses. These releases also describe the impact of acquisitions, such as the Sandy Spring Bancorp, Inc. transaction, on loans, deposits, and total assets, as well as portfolio actions like commercial real estate loan sales.
Investors following AUB can also expect dividend announcements on the company’s common stock and Series A perpetual non-cumulative preferred stock, disclosed through press releases and Form 8-K filings. The news flow frequently includes information about quarterly dividend amounts, record dates, and payment dates.
Another recurring theme in AUB news is strategic and investor communications. The company announces upcoming earnings conference calls and webcasts, provides details for analyst participation, and furnishes presentations used in investor meetings. It also hosts investor days at venues such as the New York Stock Exchange, where executives present strategic priorities, financial outlooks, and medium-term financial targets.
Sector-specific items in the AUB news stream can feature commercial banking transactions, such as Atlantic Union Bank serving as sole book runner and administrative agent on a revolving credit facility for a renewable energy real estate investment company. These stories illustrate the bank’s role in structuring and syndicating credit facilities for specialized borrowers.
By monitoring the AUB news page, readers can track financial performance updates, dividend decisions, acquisition integration milestones, and significant lending and capital markets activities that shape Atlantic Union Bankshares’ position as a regional commercial bank holding company.
Atlantic Union Bankshares (NYSE: AUB) reported Q2 2025 net income of $16.8 million ($0.12 per share) and adjusted operating earnings of $135.1 million ($0.95 per share). The quarter was marked by significant events including the completion of the Sandy Spring Bancorp acquisition on April 1, 2025, which added $13.0 billion in total assets.
Key financial highlights include net interest income of $321.4 million (up $137.2 million from Q1), a net interest margin of 3.78% (up 40 basis points), and an allowance for credit losses of $342.4 million. The company completed several strategic initiatives including a $2.0 billion CRE loan sale generating a $15.7 million gain, the sale of its equity stake in Cary Street Partners for a $14.3 million gain, and settlement of forward sale agreements generating $385.0 million in proceeds.
Atlantic Union Bankshares (NYSE:AUB) has scheduled the release of its second quarter 2025 financial results for Thursday, July 24, 2025, before market opening. The company will host a conference call and webcast for investors at 9:00 a.m. Eastern Time on the same day.
Investors can access the listen-only webcast and presentation slides through the company's provided media server link. Analysts wishing to participate in the conference call must register separately to receive dial-in information. A replay of the webcast and slides will remain available on Atlantic Union's investor relations website for 90 days.
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Atlantic Union Bankshares (AUB) has appointed Bradley S. Haun as its new Chief Risk Officer for both Atlantic Union and Atlantic Union Bank. Haun, who has been with the company since 2011, will succeed Sherry Williams, who is set to retire on July 1, 2025. Currently serving as Executive Vice President and Chief Audit Executive, Haun's career includes roles as Director of Financial Reporting and Accounting Policy, and Corporate Controller at Atlantic Union. A Virginia Tech graduate, he started his career at Cherry Bekaert in audit practice.
CEO John Asbury acknowledged Williams' contributions in developing the enterprise risk program and expressed confidence in Haun's leadership capabilities, citing his experience in building highly engaged teams throughout his tenure at Atlantic Union.
Atlantic Union Bankshares (AUB) has announced its quarterly dividend declarations. The company will pay a common stock dividend of $0.34 per share, maintaining the same level as Q1 2025 but representing a 6% increase from Q2 2024. Based on the May 5, 2025 closing price of $29.10, this translates to a 4.7% dividend yield.
Additionally, AUB declared a quarterly dividend of $171.88 per share on its Series A preferred stock (equivalent to $0.43 per depositary share). The common stock dividend will be paid on June 6, 2025, to shareholders of record as of May 23, 2025, while the preferred stock dividend is payable on June 2, 2025, to holders of record as of May 16, 2025.
Atlantic Union Bankshares (NYSE: AUB) reported Q1 2025 net income of $46.9 million with basic and diluted EPS of $0.53 and $0.52 respectively. The company completed its merger with Sandy Spring Bancorp on April 1, 2025, acquiring 53 branches and strengthening presence in Virginia and Maryland.
Key financial highlights:
- Net interest income: $184.2 million, up $916,000 from Q4 2024
- Net interest margin increased 12 basis points to 3.38%
- Nonperforming assets: 0.38% of total loans, up 6 basis points
- Allowance for credit losses: $209.0 million, a $15.3 million increase
- Total assets: $24.6 billion, up 0.8% annualized from Q4 2024
- Total deposits: $20.5 billion, increased $105.3 million (2.1% annualized)
Atlantic Union Bankshares has completed its merger with Sandy Spring Bancorp, creating the largest regional banking franchise in the lower Mid-Atlantic. The transaction, valued at approximately $1.3 billion, involves converting each Sandy Spring share into 0.900 shares of Atlantic Union common stock.
The merger strengthens Atlantic Union's presence in Virginia and Maryland, with the combined entity having $38.7 billion in total assets, $32.1 billion in total deposits, and $30.0 billion in total loans held for investment on a pro forma basis as of December 31, 2024. Sandy Spring Bank has been merged into Atlantic Union Bank, and three former Sandy Spring directors have joined Atlantic Union's board.
Atlantic Union Bankshares has announced it will release its first quarter 2025 financial results before market opening on Thursday, April 24, 2025. The company will host a conference call and webcast for investors at 9:00 a.m. Eastern Time on the same day.
The webcast will be available in listen-only mode, accompanied by presentation slides. Analysts wishing to participate in the conference call must register to receive dial-in information and an Access PIN. A replay of the webcast and slides will remain accessible on the company's investor relations website for 90 days.
SolaREIT, a solar and battery storage real estate investment company, has expanded its revolving credit facility to $60 million through increased commitment from Atlantic Union Bank (NYSE: AUB) and syndication to EagleBank (NASDAQ: EGBN). This marks the third upsize in less than two years, with Atlantic Union Bank serving as the sole book runner and administrative agent.
The expanded facility will provide SolaREIT with additional capital to meet growing demand from solar and battery energy storage developers. The company offers innovative financing solutions to help developers and landowners maximize their real estate assets while supporting clean energy deployment. The expansion reflects growing market confidence in SolaREIT's business model and increasing demand for solar and storage land financing solutions.
Atlantic Union Bankshares (NYSE: AUB) and Sandy Spring Bancorp (NASDAQ: SASR) have announced the receipt of all necessary shareholder and bank regulatory approvals for their upcoming merger. The transaction, set to close on April 1, 2025, will combine Virginia's #1 regional depository market share bank with Maryland's #1 regional depository market share bank.
The merger aims to create an enhanced banking franchise offering customers an expanded branch network, enhanced product offerings, and a robust community benefit plan. For employees, the merger promises expanded career opportunities and enhanced resources. Shareholders are expected to benefit from the combined company's positioning for differentiated financial performance.
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