Atlantic Union Bankshares Corp (AUB) Form 8-K — Oct 20, 2026
Atlantic Union Bankshares (NYSE: AUB) reported Q3 2026 net income available to common shareholders of $133.7 million, with diluted EPS of $0.94 and adjusted diluted operating EPS of $0.96, down 15.4% quarter-over-quarter on GAAP terms largely because the prior quarter included a $32.3 million pre-tax gain on the sale of its Bearing Insurance stake. The bank issued $250.0 million of 6.25% fixed-to-floating subordinated notes due 2036 and used proceeds to redeem $168.0 million of its 2029 notes, booking a $2.7 million pre-tax loss on extinguishment.
Key figures
- Eps
- 0.94
- Revenue
- 383214000
- Guidance
- FY2026: Loans $29.0-$30.0B (low end of high single digit growth); Deposits $31.0-$32.0B (low single digit growth); NII (FTE) ~$1.32-$1.33B (low end of range); NIM (FTE) ~3.90%-3.95%; Adjusted operating noninterest income ~$220-$230MM; Adjusted operating noninterest expense ~$742-$752MM; ACL to loans ~115-120 bps; NCO ratio <5 bps (reduced from 5-10 bps)
- Net Income
- 136632000
- Total Assets
- 38351665000
- Cash Position
- 700761000
- Shares Outstanding
- 140445286
- Rotce
- 19.59%
- Loans hfi
- 29297000000
- Cet1 ratio
- 10.39%
- Tbv per share
- 20.36
- Total deposits
- 30966000000
- Accretion income
- 40900000
- Sub notes coupon
- 6.25% fixed-to-floating due Aug 1, 2036
- Buyback avg price
- 41.38
- Buyback remaining
- 177500000
- Buyback dollars q3
- 62500000
- Effective tax rate
- 21.1%
- Sub notes redeemed
- 168000000
- Net interest income
- 328422000
- Net interest margin
- 3.82%
- Shares repurchased q3
- 1.5 million shares
- Tbv per share ex aoci
- 23.22
- Sub notes net proceeds
- 246800000
- Net interest margin fte
- 3.88%
- Subordinated notes issued
- 250000000
- Provision for credit losses
- 5731000
- Adjusted diluted operating eps
- 0.96
- Loss on debt extinguishment pretax
- 2700000
- Adjusted operating earnings available to common
- 135634000
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