Atlantic Union Bankshares Corp

AUB

NYSEMid CapFinancials

13F Pro Quality Score

73.1/100

Rank #139 of 2,961 stocksTOP 5%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

92.7/100

Profitability

93.5/100

Balance Sheet

46.9/100

Earnings Quality

42.4/100

Free Cash Flow

88.5/100

Institutional Flow

43.1/100

Revenue Scale

58.5/100

Dilution Risk

42.9/100

Price Chart

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What's Driving AUB's Business? Latest 10-Q Breakdown

AI-extracted from the 10-Q filed 2026-08-06 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 2026 net income available to common shareholders rose to $158.0 million ($1.11 diluted EPS) from $16.8 million a year ago as provision for credit losses fell to $11.7 million from $105.7 million and merger-related costs went to zero.

Biggest Revenue Drivers

Net interest income$325.1M+$3.7M YoY

Primarily the result of lower cost of funds, mainly lower deposit costs, partially offset by lower earning asset yields and lower accretion income

Noninterest income$90.2M+10.7% YoY

Driven by higher loan-related interest rate swap fees, fiduciary and asset management fees, and other operating income

Biggest Revenue Drivers

Net interest income$325.1M+$3.7M YoY

Primarily the result of lower cost of funds, mainly lower deposit costs, partially offset by lower earning asset yields and lower accretion income

Noninterest income$90.2M+10.7% YoY

Driven by higher loan-related interest rate swap fees, fiduciary and asset management fees, and other operating income

Within Noninterest income

Other operating income$35.6M+5.8% YoY

Includes a $32.3 million pre-tax gain on sale of equity interest in Bearing Insurance

Fiduciary and asset management fees$21.5M+21.1% YoY

Reflecting an increase in assets under management

Service charges on deposit accounts$12.3M+0.3% YoY

Largest Expense Items

Salaries and benefits$112.3M+2.2% YoY

Primarily due to an increase in variable incentive compensation

Total interest expense$161.7M-$27.3M YoY

Cost of interest-bearing liabilities fell 38 bps to 2.59% on lower deposit costs and reduced brokered deposits

Amortization of intangible assets$15.1M-17.9% YoY

Provision for credit losses$11.7Mvs. $105.7M prior year

Prior year included Day 1 initial provision on non-PCD loans and unfunded commitments acquired from Sandy Spring

Margins: Net interest margin rose 11 bps to 3.89% (3.94% FTE), driven by a 28 bps decline in cost of funds to 1.94% following Federal Reserve rate cuts and reduced brokered deposits, partially offset by an 18 bps drop in earning asset yield to 5.82%.

Watch Items from the Filing

AFS securities carried $323.8 million of gross unrealized losses at June 30, 2026, with $312.9 million in positions held over 12 months; net unrealized losses rose $21.4 million from December 31, 2025.
Quarterly earnings included a $32.3 million pre-tax gain on the Bearing Insurance sale; adjusted operating earnings were $134.0 million ($0.94 adjusted diluted EPS) versus $135.1 million ($0.95) a year ago.
CRE-related loans total $17.0 billion of $28.7 billion LHFI, with $381.9 million rated Substandard and $502.3 million Special Mention; multifamily nonaccruals were $23.4 million.
Total borrowings rose $384.0 million or 51.7% annualized to $1.9 billion on FHLB advances used to fund loan originations, while deposits were flat at $30.5 billion.
Company issued $250.0 million of 6.25% 2036 subordinated notes on July 30, 2026 to redeem $168.0 million of 2029 notes; $240.0 million remained under the $250 million repurchase program at June 30.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →