10-K · February 26, 2026
Atlantic Union completed the Sandy Spring acquisition (closed April 1, 2025) and scaled materially: total assets were $37.6 billion and deposits were $30.5 billion at December 31, 2025. Revenue increased from $1.346…
Earnings analysis · 10-Q
AUB earnings analysis
Filed May 5, 2026 · Our reading of the company's report
The latest report
Atlantic Union Bankshares Corporation reported strong financial results for Q1 2026, with a net income available to common shareholders of $119.2 million, representing an EPS of $0.84. The company's revenue increased by…
Read full summary
Atlantic Union Bankshares Corporation reported strong financial results for Q1 2026, with a net income available to common shareholders of $119.2 million, representing an EPS of $0.84. The company's revenue increased by 87.9% year-over-year, while noninterest expenses rose 56.4%, largely due to the recent acquisition of Sandy Spring. Total assets decreased slightly to $37.3 billion, primarily due to reductions in securities, while the loan portfolio saw a modest increase. Management provided a bullish outlook, emphasizing growth from the acquisition and effective capital management for the remainder of the year.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.84
- Segment
- Wholesale Banking
- Segment
- Consumer Banking
What stood out
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Significant EPS Growth
EPS reached $0.84, up from $0.52 a year ago, reflecting strong financial performance.
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Total Revenue Increase
Total revenue surged to $367.2 million, up 87.9% year-over-year.
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Asset Management Gains
Noninterest income increased significantly due to the Sandy Spring acquisition, with fiduciary fees up $13.5 million.
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Decrease in Nonperforming Assets
NPAs decreased to $99.7 million, down from $116.9 million at year-end 2025.
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Improved Allowance for Loan Losses
Allowance for loan losses stood at $291.1 million, reflecting a decrease from $295.1 million.
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Increased Loan Portfolio
Loans held for investment increased to $27.9 billion, up 2.2% from December 31, 2025.
What to watch
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Reduction in Total Deposits
Total deposits fell to $30.4 billion, a decrease of $80.4 million or 1.1% from Q4 2025.
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Rising Short-term Borrowings
Total short-term borrowings reduced significantly to $529.6 million, down 26.9%.
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Increased Noninterest Expenses
Noninterest expenses rose to $209.8 million, an increase of $75.6 million due to acquisition-related costs.
Management's outlook
Management anticipates continued growth driven by the Sandy Spring acquisition and a stable economic environment.
Earlier filings 4
10-Q · November 4, 2025
Atlantic Union’s Q3 2025 results show strong top-line and deposit growth driven by acquisitions: total revenue (net interest income + noninterest income) rose to $370,961 (thousands) and net income increased to $92,140…
10-K · February 27, 2025
Atlantic Union’s 10-K (Dec 31, 2024) describes a regional bank growth strategy driven by acquisitions (American National closed Apr 1, 2024) and a pending merger with Sandy Spring (signed Oct 21, 2024, expected close…
10-Q · August 6, 2024
Atlantic Union reported Q2 (three months ended June 30, 2024) revenue of $208,346,000 and diluted EPS of $0.25. Revenue rose vs. Q2 2023 and the prior quarter driven largely by the April 1, 2024 acquisition of American…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.