Form 8-K

8-K — Atlantic Union Bankshares Corp

Accession: 0000883948-26-000030

Filed: 2026-04-21

Period: 2026-04-21

CIK: 0000883948

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — aub-20260421x8k.htm (Primary)

EX-99.1 (aub-20260421xex99d1.htm)

EX-99.2 (aub-20260421xex99d2.htm)

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8-K

8-K (Primary)

Filename: aub-20260421x8k.htm · Sequence: 1

ATLANTIC UNION BANKSHARES CORPORATION_April 21, 2026

0000883948false0000883948us-gaap:SeriesAPreferredStockMember2026-04-212026-04-210000883948us-gaap:CommonStockMember2026-04-212026-04-2100008839482026-04-212026-04-21

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 21, 2026

ATLANTIC UNION BANKSHARES CORPORATION

(Exact name of registrant as specified in its charter)

Virginia

001-39325

54-1598552

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

4300 Cox Road

Glen Allen, Virginia 23060

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (804) 633-5031

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $1.33 per share

AUB

New York Stock Exchange

Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A

AUB.PRA

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 2.02 Results of Operations and Financial Condition.

On April 21, 2026, Atlantic Union Bankshares Corporation (the “Company”) issued a press release announcing its financial results for the first quarter of 2026. A copy of the press release is being furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

The information disclosed in or incorporated by reference into this Item 2.02, including Exhibit 99.1, is furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Item 7.01 Regulation FD Disclosure.

Attached as Exhibit 99.2 and incorporated herein by reference is a presentation that the Company will use in connection with a webcast and conference call for investors and analysts at 9:00 a.m. Eastern Time on Tuesday, April 21, 2026. This presentation is also available under the Presentations link in the Investor Relations – News & Events section of the Company’s website at https://investors.atlanticunionbank.com.

The information disclosed in or incorporated by reference into this Item 7.01, including Exhibit 99.2, is furnished and shall not be deemed filed for purposes of Section 18 of the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description of Exhibit

99.1

Press release dated April 21, 2026 regarding the first quarter 2026 results.

99.2

Atlantic Union Bankshares Corporation presentation.

104

Cover Page Interactive Data File – the cover page iXBRL tags are embedded within the Inline XBRL document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ATLANTIC UNION BANKSHARES CORPORATION

Date: April 21, 2026

By:

/s/ Alexander D. Dodd

Alexander D. Dodd

Executive Vice President and

Chief Financial Officer

EX-99.1

Filename: aub-20260421xex99d1.htm · Sequence: 2

Exhibit 99.1

Contact: Alexander D. Dodd - (804) 486-2634

Executive Vice President / Chief Financial Officer

ATLANTIC UNION BANKSHARES REPORTS FIRST QUARTER FINANCIAL RESULTS

Richmond, Va., April 21, 2026 – Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSE: AUB) reported net income available to common shareholders of $119.2 million and both basic and diluted earnings per common share of $0.84, for the first quarter of 2026 and adjusted operating earnings available to common shareholders(1) of $126.2 million and adjusted diluted operating earnings per common share(1) of $0.89 for the first quarter of 2026.

“Atlantic Union had a solid first quarter, reflecting disciplined execution and a successful conclusion of the Sandy Spring Bancorp, Inc. integration,” said John C. Asbury, president and chief executive officer of Atlantic Union. “Asset quality remains strong, our annualized first quarter loan growth rate improved year over year during a seasonally slow period and we continued to reduce higher costing brokered deposits. The underlying operating performance supports our continued confidence in achieving the financial metrics we established for the full year 2026 —namely, the targets for adjusted operating return on assets, return on tangible common equity, and efficiency ratio.

“Atlantic Union is a story of transformation from a Virginia community bank to the largest regional bank headquartered in the lower Mid-Atlantic, with operations in Virginia, Maryland, and a growing presence in North Carolina. 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.”

NET INTEREST INCOME

For the first quarter of 2026, net interest income was $312.4 million, a decrease of $17.8 million from $330.2 million in the fourth quarter of 2025. Net interest income - fully taxable equivalent (“FTE”)(1) was $316.9 million in the first quarter of 2026, a decrease of $17.9 million from $334.8 million in the fourth quarter of 2025. The decreases from the prior quarter in both net interest income and net interest income (FTE)(1) were driven primarily by a decrease in interest income on loans held for investment (“LHFI”), reflecting lower loan accretion income, the lower day count in the first quarter, as well as the impact of lower yields on variable-rate loans following the cumulative 75 basis point reduction in the federal funds rate between September and December in 2025. The decreases were partially offset by a decrease in interest expense, primarily due to lower deposit costs, resulting from reduced brokered deposit balances and lower customer deposit rates due to reductions in the federal funds rate.

For the first quarter of 2026, the Company’s net interest margin decreased 10 basis points and net interest margin (FTE)(1) decreased 11 basis points from the prior quarter to 3.80% and 3.85%, respectively, due to a decline in earning asset yields, partially offset by lower cost of funds. Earning asset yields for the first quarter of 2026 decreased 20 basis points to 5.79% compared to the fourth quarter of 2025, reflecting the lower loan yields driven by the Federal Reserve rate cuts and the impact of lower accretion income. Cost of funds decreased 9 basis points from the prior quarter to 1.94% for the first quarter of 2026, reflecting the impact of lower deposit costs.

The Company’s net interest margin (FTE)(1) includes the impact of acquisition accounting fair value adjustments. Net accretion income for the quarter ended March 31, 2026 was $13.0 million lower than the prior quarter, as the prior quarter included elevated accelerated loan accretion income primarily due to higher prepayment activity and this quarter included a measurement period adjustment related to the acquisition of Sandy Spring Bancorp, Inc. (the “Sandy Spring acquisition”), which reduced loan accretion income by $3.5 million. The impact of accretion and amortization for the periods presented are reflected in the following table (dollars in thousands):

Loan

Deposit

Borrowings

Accretion

Amortization

Total

For the quarter ended December 31, 2025

48,363

762

(3,178)

45,947

For the quarter ended March 31, 2026

35,602

366

(3,044)

32,924

ASSET QUALITY

Overview

At March 31, 2026, nonperforming assets (“NPAs”) as a percentage of total LHFI was 0.36%, a decrease of 6 basis points from the prior quarter and included nonaccrual loans of $97.8 million. Accruing past due loans as a percentage of total LHFI totaled 0.45% at March 31, 2026, an increase of 4 basis points from December 31, 2025. Net charge-offs were 0.02% of total average LHFI (annualized) for the first quarter of 2026, an increase of 1 basis point compared to December 31, 2025. The allowance for credit losses (“ACL”) totaled $321.9 million at March 31, 2026, a $658 thousand increase from the prior quarter.

Nonperforming Assets

The following table shows a summary of NPA balances at the quarters ended (dollars in thousands):

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Nonaccrual loans

97,828

115,051

131,240

162,615

69,015

Foreclosed properties

1,856

1,826

2,001

774

404

Total nonperforming assets

99,684

116,877

133,241

163,389

69,419

The following table shows the activity in nonaccrual loans for the quarters ended (dollars in thousands):

March 31,

December 31,

September 30,

June 30,

March 31,

2026

2025

Beginning Balance

115,051

131,240

162,615

69,015

57,969

Net customer payments and other activity (1)

(33,934)

(21,667)

(17,947)

(4,595)

(898)

Additions (1) (2)

17,679

7,816

25,333

98,975

13,197

Charge-offs

(909)

(2,307)

(37,410)

(780)

(1,253)

Loans returning to accruing status

—

(31)

(77)

—

Transfers to foreclosed property

(59)

—

(1,274)

—

Ending Balance

97,828

115,051

131,240

162,615

69,015

(1) The Company recorded measurement period adjustments related to the fair values of certain loans associated with the Sandy Spring acquisition, which impacted the nonaccrual activity for the quarters ended September 30, 2025, December 31, 2025, and March 31, 2026.

(2) The increase in additions during the quarter ended June 30, 2025 was primarily due to purchased credit deteriorated loans acquired from Sandy Spring.

Past Due Loans

At March 31, 2026, past due loans still accruing interest totaled $125.0 million or 0.45% of total LHFI, compared to $113.0 million or 0.41% of total LHFI at December 31, 2025, and $50.0 million or 0.27% of total LHFI at March 31, 2025. The increase in past due loans from the prior quarter was primarily within the multifamily real estate and commercial real estate (“CRE”) – owner occupied loan portfolios. The increase from the prior year was primarily due to loans acquired by the Company as a result of the Sandy Spring acquisition.

Allowance for Credit Losses

Effective January 1, 2026, the Company made certain changes to its ACL methodology as part of the continued enhancement of its credit modeling practices, resulting in more dynamic and precise modeling that allows for more granularity in the monitoring of our credit losses. The ACL methodology changes were accounted for prospectively as a change in accounting estimate and did not have a material impact on the Company’s Consolidated Financial Statements.

At March 31, 2026, the ACL was $321.9 million, an increase of $659 thousand from the prior quarter, comprised of an allowance for loan and lease losses (“ALLL”) of $291.1 million and a reserve for unfunded commitments (“RUC”) of $30.8 million. At March 31, 2026, the ACL as a percentage of total LHFI remained relatively consistent at 1.15%, compared to 1.16% at December 31, 2025. The ALLL as a percentage of total LHFI decreased by 2 basis points, from 1.06% at December 31, 2025 to 1.04% at March 31, 2026. The RUC coverage ratio increased 1 basis point from December 31, 2025 to 0.11% at March 31, 2026, primarily driven by higher construction and land development unfunded commitments.

Net Charge-offs

Net charge-offs were $1.6 million or 0.02% of total average LHFI on an annualized basis for the first quarter of 2026, compared to $916 thousand or 0.01% (annualized) for the fourth quarter of 2025, and $2.3 million or 0.05% (annualized) for the first quarter of 2025.

Provision for Credit Losses

For the first quarter of 2026, the Company recorded a provision for credit losses of $2.7 million, compared to $2.2 million in the prior quarter, and $17.6 million in the first quarter of 2025. The provision for credit losses decreased as compared to the prior year primarily due to higher uncertainty in the economic outlook in the prior year, as well as specific reserves recorded in the prior year on two impaired commercial and industrial loans.

NONINTEREST INCOME

Noninterest income decreased $2.2 million to $54.8 million for the first quarter of 2026 from $57.0 million in the prior quarter, primarily driven by a $4.4 million decrease in loan-related interest rate swap fees due to seasonally lower transaction volumes. This decrease was partially offset by a $1.5 million increase in other operating income, primarily due to an increase in capital markets income.

NONINTEREST EXPENSE

Noninterest expense decreased $33.4 million to $209.8 million for the first quarter of 2026 from $243.2 million in the prior quarter, primarily driven by a $29.6 million decrease in pre-tax merger-related costs and a $2.3 million decrease in amortization of intangible assets.

Adjusted operating noninterest expense(1), which excludes merger-related costs ($9.0 million in the first quarter 2026 and $38.6 million in the fourth quarter 2025) and amortization of intangible assets ($15.4 million in the first quarter 2026 and $17.7 million in the fourth quarter 2025) decreased $1.6 million to $185.3 million, compared to $186.9 million in the prior quarter. This decrease was primarily due to a $3.1 million decrease in other expenses, primarily due to a decrease in non-credit-related losses on customer transactions, a $2.3 million decrease in professional services related to strategic projects that occurred in the prior quarter, and a $1.9 million decrease in technology and data processing expense. These decreases were partially offset by a $5.0 million increase in salaries and benefits expense, primarily due to seasonal increases in payroll taxes and 401(k) contribution expenses.

INCOME TAXES

The Company’s effective tax rate for each of the quarters ended March 31, 2026 and December 31, 2025 was 21.0%.

KEY BALANCE SHEET COMPONENTS AND CAPITAL RATIOS

The following tables summarize the Company’s key balance sheet components and capital ratios as of the dates presented (dollars in millions, except per share data):

3/31/2026

12/31/2025(3)

QoQ

QoQ % change(1)

3/31/2025

YoY

YoY % change

(unaudited)

Assets

37,315

37,586

(271)

(2.92)

24,633

12,682

51.49

LHFI (net of unearned income)

27,946

27,796

150

2.19

18,428

9,519

51.65

Quarterly Average LHFI (net of unearned income)

27,830

27,433

397

5.87

18,429

9,401

51.01

Securities

5,059

5,269

(210)

(16.13)

3,405

1,654

48.57

Securities available for sale ("AFS")

4,011

4,194

(183)

(17.68)

2,484

1,528

61.50

Securities held to maturity ("HTM")

870

884

(14)

(6.39)

821

6.00

Goodwill

1,755

1,733

5.05

1,214

541

44.55

Deposits

30,391

30,472

(80)

(1.07)

20,503

9,888

48.23

Quarterly Average Deposits

30,210

30,884

(674)

(8.85)

20,466

9,744

47.61

Borrowings

1,305

1,497

(193)

(52.20)

476

829

Cash dividends paid per common share

0.37

—

0.34

0.03

8.82

Dividends on each share of Series A preferred stock (2)

171.88

—

171.88

—

(1) Quarter over quarter percentage changes are calculated on an annualized basis except for dividends, which are presented on a per share basis.

(2) The preferred stock dividend was equivalent to $0.43 per outstanding depositary share for each period presented.

(3)Period-end balances as of December 31, 2025 were audited. Quarterly average balances are unaudited.

NM = Not Meaningful

3/31/2026

12/31/2025

3/31/2025

Common equity Tier 1 capital ratio (1)

10.21

10.10

10.07

Tier 1 capital ratio (1)

10.75

10.64

10.87

Total capital ratio (1)

14.01

13.90

13.88

Leverage ratio (Tier 1 capital to average assets) (1)

9.31

9.10

9.45

Common equity to total assets

13.09

12.88

12.26

Tangible common equity to tangible assets (2)

8.03

7.85

7.39

(1) All ratios at March 31, 2026 are estimates and subject to change pending the Company’s filing of its FR Y9-C. All other periods are presented as filed.

(2) These are financial measures not calculated in accordance with generally accepted accounting principles (“GAAP”). For a reconciliation of these non-GAAP financial measures see the “Alternative Performance Measures (non-GAAP)” section of the Key Financial Results.

The key drivers of the consolidated balance sheet changes for the periods presented are summarized below:

● Total assets decreased from December 31, 2025, primarily due to decreases in investments and cash and cash equivalents, partially offset by increases in LHFI. Total assets increased from March 31, 2025 primarily driven by the Sandy Spring acquisition.

● Goodwill increased from the prior year due to the Sandy Spring acquisition and reflects the fair value of assets acquired and liabilities assumed, inclusive of measurement period adjustments primarily related to loans, other assets, and other liabilities. The measurement period concluded and goodwill was finalized as of March 31, 2026.

● LHFI and quarterly average LHFI both increased compared to December 31, 2025 and March 31, 2025. The increase from the prior quarter is primarily due to an increase in the commercial and industrial portfolio. The increase from the same period in the prior year was primarily due to the Sandy Spring acquisition, as well as organic loan growth.

● Total investments decreased from December 31, 2025, primarily due to principal repayments and maturities of AFS securities. Total investments increased year over year due to the Sandy Spring acquisition.

● Total deposits and quarterly average deposits decreased from the prior quarter due to a decline in brokered deposits, partially offset by an increase in interest-bearing customer deposits. Total deposits and quarterly average deposits at March 31, 2026 increased from the same period in the prior year due to the addition of the Sandy Spring acquired deposits.

● Total borrowings decreased from December 31, 2025 and increased from March 31, 2025. The decrease in borrowings from the prior quarter was primarily due to higher short-term borrowings in the prior quarter that were repaid in the current quarter using proceeds from customer deposits, while the increase from the same period in the prior year was primarily due to increases in Federal Home Loan Bank advances and additional borrowings in connection with the Sandy Spring acquisition.

ABOUT ATLANTIC UNION BANKSHARES CORPORATION

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (NYSE: AUB) is the holding company for Atlantic Union Bank. Atlantic Union Bank has branches and ATMs located in Virginia, Maryland, North Carolina and Washington, D.C. Certain non-bank financial services affiliates of Atlantic Union Bank include: Atlantic Union Equipment Finance, Inc., which provides equipment financing; AUB Investments, Inc., which provides investment services; and Atlantic Union Capital Markets, Inc., which provides capital market services.

FIRST QUARTER 2026 EARNINGS RELEASE CONFERENCE CALL

The Company will hold a conference call and webcast for investors at 9:00 a.m. Eastern Time on Tuesday, April 21, 2026, during which management will review our financial results for the first quarter 2026 and provide an update on our recent activities.

The listen-only webcast and the accompanying slides can be accessed at:

https://edge.media-server.com/mmc/p/ow964rjw.

For analysts who wish to participate in the conference call, please register at the following URL:

https://register-conf.media-server.com/register/BIf8f441eb451449cfa3e411b650b2ab58.

To participate in the conference call, you must use the link to receive an audio dial-in number and an Access PIN.

A replay of the webcast, and the accompanying slides, will be available on the Company’s website for 90 days at: https://investors.atlanticunionbank.com/.

NON-GAAP FINANCIAL MEASURES

In reporting the results as of and for the period ended March 31, 2026, we have provided supplemental performance measures determined by methods other than in accordance with GAAP. These non-GAAP financial measures are a supplement to GAAP, which we use to prepare our financial statements, and should not be considered in isolation or as a substitute for comparable measures calculated in accordance with GAAP. In addition, our non-GAAP financial measures may not be comparable to non-GAAP financial measures of other companies. We use the non-GAAP financial measures discussed herein in our analysis of our performance. Management believes that these non-GAAP financial measures provide additional understanding of our ongoing operations, enhance the comparability of our results of operations with prior periods and show the effects of significant gains and charges in the periods presented without the impact of items or events that may obscure trends in our underlying performance. For a reconciliation of these measures to their most directly comparable GAAP measures and additional information about these non-GAAP financial measures, see “Alternative Performance Measures (non-GAAP)” in the tables within the section “Key Financial Results.”

FORWARD-LOOKING STATEMENTS

This press release and statements by our management may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include, without limitation, statements made in Mr. Asbury’s quotations, statements regarding the acquisition of Sandy Spring, including expectations with regard to the benefits of the Sandy Spring acquisition; statements regarding our strategic expansion into North Carolina; statements regarding our future ability to recognize the benefits of certain tax assets; statements regarding our business, financial and operating results, including our deposit base and funding; the impact of changes in economic conditions, anticipated changes in the interest rate environment and the related impacts on our net interest margin, changes in economic, fiscal or trade policy and the potential impacts on our business, loan demand and economic conditions in our markets and nationally; 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. 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. Forward-looking statements are often characterized by the use of qualified words (and their derivatives) such as “expect,” “believe,” “estimate,” “plan,” “project,” “anticipate,” “intend,” “will,” “may,” “view,” “opportunity,” “seek to,” “potential,” “continue,” “confidence,” or words of similar meaning or other statements concerning opinions or judgment of the Company and our management about future events. Although we believe that our expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of our existing knowledge of our business and operations, there can be no assurance that actual future results, performance, or achievements of, or trends affecting, us will not differ materially from any projected future results, performance, achievements or trends expressed or implied by such forward-looking statements. Actual future results, performance, achievements or trends may differ materially from historical results or those anticipated depending on a variety of factors, including, but not limited to, the effects of or changes in:

● market interest rates and their related impacts on macroeconomic conditions, customer and client behavior, our funding costs and our loan and securities portfolios;

● economic conditions, including inflation and recessionary conditions and their related impacts on economic growth and customer and client behavior;

● U.S. and global trade policies and tensions, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, and geopolitical instability;

● volatility in the financial services sector, including failures or rumors of failures of other depository institutions, along with actions taken by governmental agencies to address such turmoil, and the effects on the ability of depository institutions, including us, to attract and retain depositors and to borrow or raise capital;

● legislative or regulatory changes and requirements, including changes in federal, state or local tax laws and changes impacting the rulemaking, supervision, examination and enforcement priorities of the federal banking agencies;

● the sufficiency of liquidity and changes in our capital position;

● general economic and financial market conditions, in the United States generally and particularly in the markets in which we operate and which our loans are concentrated, including the effects of declines in real estate values, an increase in unemployment levels, U.S. fiscal debt, budget, and tax matters, U.S. government shutdowns, and slowdowns in economic growth;

● the impact of purchase accounting with respect to the Sandy Spring acquisition, or any change in the assumptions used regarding the assets acquired and liabilities assumed to determine the fair value and credit marks;

● the possibility that the anticipated benefits of our acquisition activity, including our acquisition of Sandy Spring, 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, including those resulting from our acquisition of Sandy Spring;

● our ability to identify, recruit and retain key employees;

● monetary, fiscal and regulatory policies of the U.S. government, including policies of the U.S. Department of the Treasury and the Federal Reserve;

● the quality or composition of our loan or investment portfolios and changes in these portfolios;

● demand for loan products and financial services in our market areas;

● our ability to manage our growth or implement our growth strategy;

● the effectiveness of expense reduction plans;

● the introduction of new lines of business or new products and services;

● real estate values in our lending area;

● changes in accounting principles, standards, rules, and interpretations, and the related impact on our financial statements;

● an insufficient ACL or volatility in the ACL resulting from the Current Expected Credit Losses (“CECL”) methodology, either alone or as that may be affected by changing economic conditions, credit concentrations, inflation, changing interest rates, or other factors;

● concentrations of loans secured by real estate, particularly CRE;

● the effectiveness of our credit processes and management of our credit risk;

● our ability to compete in the market for financial services and increased competition from fintech companies;

● technological risks and developments, and cyber threats, attacks, or events;

● emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action or increase the risk of a cybersecurity attack or the probability that such an attack would be successful;

● operational, technological, cultural, regulatory, legal, credit, and other risks associated with the exploration, consummation and integration of potential future acquisitions, whether involving stock or cash consideration;

● the potential adverse effects of unusual and infrequently occurring events, such as weather-related disasters, terrorist acts, geopolitical conflicts or public health events (such as pandemics), and of governmental and societal responses thereto; these potential adverse effects may include, without limitation, adverse effects on macroeconomic conditions, the ability of our borrowers to satisfy their obligations to us, on the value of collateral securing loans, on the demand for our loans or our other products and services, on supply chains and methods used to distribute products and services, on incidents of cyberattack and fraud, on our liquidity or capital positions, on risks posed by reliance on third-party service providers, on other aspects of our business operations and on financial markets and economic growth;

● performance by our counterparties or vendors;

● deposit flows;

● the availability of financing and the terms thereof;

● the level of prepayments on loans and mortgage-backed securities;

● actual or potential claims, damages, and fines related to litigation or government actions, which may result in, among other things, additional costs, fines, penalties, restrictions on our business activities, reputational harm, or other adverse consequences;

● any event or development that would cause us to conclude that there was an impairment of any asset, including intangible assets, such as goodwill; and

● other factors, many of which are beyond our control.

Please also refer to such other factors as discussed throughout Part I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Annual Report on Form 10-K for the year ended December 31, 2025, and related disclosures in other filings, which have been filed with the U.S. Securities and Exchange Commission (“SEC”) and are available on the SEC’s website at www.sec.gov. 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. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company or our businesses or operations. Readers are cautioned not to rely too heavily on forward-looking statements. Forward-looking statements speak only as of the date they are made. We do not intend or assume any obligation to update, revise or clarify any forward-looking statements that may be made from time to time by or on behalf of the Company, whether as a result of new information, future events or otherwise, except as required by law.

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Results of Operations

Interest and dividend income

471,735

501,842

305,836

Interest expense

159,362

171,674

121,672

Net interest income

312,373

330,168

184,164

Provision for credit losses

2,737

2,211

17,638

Net interest income after provision for credit losses

309,636

327,957

166,526

Noninterest income

54,783

57,000

29,163

Noninterest expenses

209,810

243,243

134,184

Income before income taxes

154,609

141,714

61,505

Income tax expense

32,444

29,748

11,687

Net income

122,165

111,966

49,818

Dividends on preferred stock

2,967

Net income available to common shareholders

119,198

108,999

46,851

Interest earned on earning assets (FTE) (1)

476,285

506,463

309,593

Net interest income (FTE) (1)

316,923

334,789

187,921

Total revenue (FTE) (1)

371,706

391,789

217,084

Pre-tax pre-provision earnings (FTE) (1)

161,896

148,546

82,900

Key Ratios

Earnings per common share, diluted

0.84

0.77

0.52

Return on average assets (ROA)

1.33

1.19

0.82

Return on average equity (ROE)

9.78

8.97

6.35

Return on average tangible common equity (ROTCE) (2) (3)

18.63

17.85

12.04

Efficiency ratio

57.14

62.83

62.90

Efficiency ratio (FTE) (1)

56.45

62.09

61.81

Net interest margin

3.80

3.90

3.38

Net interest margin (FTE) (1)

3.85

3.96

3.45

Yields on earning assets (FTE) (1)

5.79

5.99

5.68

Average cost of interest-bearing liabilities

2.60

2.74

2.97

Average cost of deposits

1.90

2.03

2.29

Average cost of funds

1.94

2.03

2.23

Operating Measures (4)

Adjusted operating earnings

129,119

141,366

54,542

Adjusted operating earnings available to common shareholders

126,152

138,399

51,575

Adjusted operating pre-tax pre-provision earnings (FTE) (1) (7)

170,928

186,713

87,942

Adjusted operating earnings per common share, diluted

0.89

0.97

0.57

Adjusted operating ROA

1.41

1.50

0.90

Adjusted operating ROE

10.33

11.33

6.95

Adjusted operating ROTCE (2) (3)

19.62

22.12

13.15

Adjusted operating efficiency ratio (FTE) (1)(6)

49.86

47.77

57.02

Per Share Data

Earnings per common share, basic

0.84

0.77

0.53

Earnings per common share, diluted

0.84

0.77

0.52

Cash dividends paid per common share

0.37

0.34

Market value per share

35.74

35.30

31.14

Book value per common share

34.39

34.14

33.79

Tangible book value per common share (2)

19.93

19.69

19.32

Price to earnings ratio, diluted

10.52

11.60

14.76

Price to book value per common share ratio

1.04

1.03

0.92

Price to tangible book value per common share ratio (2)

1.79

1.61

Unvested shares of restricted stock awards

1,100,123

857,866

806,420

Weighted average common shares outstanding, basic

141,901,606

141,758,460

89,222,296

Weighted average common shares outstanding, diluted

142,280,978

142,118,797

90,072,795

Common shares outstanding at end of period

142,060,496

141,776,886

89,340,541

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Capital Ratios

Common equity Tier 1 capital ratio (5)

10.21

10.10

10.07

Tier 1 capital ratio (5)

10.75

10.64

10.87

Total capital ratio (5)

14.01

13.90

13.88

Leverage ratio (Tier 1 capital to average assets) (5)

9.31

9.10

9.45

Common equity to total assets

13.09

12.88

12.26

Tangible common equity to tangible assets (2)

8.03

7.85

7.39

Financial Condition

Assets

37,315,011

37,585,754

24,632,611

LHFI (net of unearned income)

27,946,424

27,796,167

18,427,689

Securities

5,059,211

5,268,717

3,405,206

Earning Assets

33,358,287

33,818,712

22,085,559

Goodwill

1,754,875

1,733,287

1,214,053

Amortizable intangibles, net

300,099

315,544

79,165

Deposits

30,391,256

30,471,636

20,502,874

Borrowings

1,304,587

1,497,292

475,685

Stockholders' equity

5,052,316

5,006,398

3,185,216

Tangible common equity (2)

2,830,985

2,791,210

1,725,641

Loans held for investment, net of unearned income

Construction and land development

1,748,413

1,666,381

1,305,969

Commercial real estate - owner occupied

4,319,847

4,305,796

2,363,509

Commercial real estate - non-owner occupied

7,212,035

7,178,515

5,072,694

Multifamily real estate

2,321,504

2,418,250

1,531,547

Commercial & Industrial

5,384,856

5,229,728

3,819,415

Residential 1-4 Family - Commercial

1,053,303

1,100,157

738,388

Residential 1-4 Family - Consumer

2,839,216

2,825,259

1,286,526

Residential 1-4 Family - Revolving

1,257,079

1,248,284

778,527

Auto

156,843

183,720

279,517

Consumer

109,755

121,488

101,334

Other Commercial

1,543,573

1,518,589

1,150,263

Total LHFI

27,946,424

27,796,167

18,427,689

Deposits

Interest checking accounts

7,515,409

7,193,204

5,336,264

Money market accounts

6,985,315

6,863,981

4,602,260

Savings accounts

2,691,144

2,747,622

1,033,315

Customer time deposits of more than $250,000

1,767,455

1,737,345

1,141,311

Customer time deposits of $250,000 or less

3,977,869

3,956,571

2,810,070

Time deposits

5,745,324

5,693,916

3,951,381

Total interest-bearing customer deposits

22,937,192

22,498,723

14,923,220

Brokered deposits

610,338

1,128,284

1,108,481

Total interest-bearing deposits

23,547,530

23,627,007

16,031,701

Demand deposits

6,843,726

6,844,629

4,471,173

Total deposits

30,391,256

30,471,636

20,502,874

Averages

Assets

37,254,857

37,356,117

24,678,974

LHFI (net of unearned income)

27,830,037

27,433,274

18,428,710

Loans held for sale

16,207

24,387

8,172

Securities

5,207,502

5,269,097

3,387,627

Earning assets

33,377,790

33,555,065

22,108,618

Deposits

30,210,336

30,884,349

20,466,081

Time deposits

6,039,778

6,229,539

4,715,648

Interest-bearing deposits

23,454,604

23,919,801

16,062,478

Borrowings

1,373,627

914,352

525,889

Interest-bearing liabilities

24,828,231

24,834,153

16,588,367

Stockholders' equity

5,068,069

4,950,858

3,183,846

Tangible common equity (2)

2,860,550

2,733,470

1,721,647

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Asset Quality

Allowance for Credit Losses (ACL)

Beginning balance, Allowance for loan and lease losses (ALLL)

295,108

293,035

178,644

Add: Recoveries

1,307

3,043

607

Less: Charge-offs

2,901

3,959

2,885

Add: (Release) provision for loan losses

(2,414)

2,989

17,430

Ending balance, ALLL

291,100

295,108

193,796

Beginning balance, Reserve for unfunded commitment (RUC)

26,161

26,951

15,041

Add: Provision (release) for unfunded commitments

4,667

(790)

208

Ending balance, RUC

30,828

26,161

15,249

Total ACL

321,928

321,269

209,045

ACL / total LHFI

1.15

1.16

1.13

ALLL / total LHFI

1.04

1.06

1.05

Net charge-offs / total average LHFI (annualized)

0.02

0.01

0.05

Provision for loan losses/ total average LHFI (annualized)

(0.04)

0.04

0.38

Nonperforming Assets

Construction and land development

2,485

4,303

2,794

Commercial real estate - owner occupied

6,416

6,034

2,932

Commercial real estate - non-owner occupied

12,221

11,301

1,159

Multifamily real estate

20,564

45,369

124

Commercial & Industrial

18,959

10,288

43,106

Residential 1-4 Family - Commercial

6,416

6,657

1,610

Residential 1-4 Family - Consumer

24,426

23,297

12,942

Residential 1-4 Family - Revolving

5,364

5,643

3,593

Auto

515

572

641

Consumer

Other Commercial

450

1,575

Nonaccrual loans

97,828

115,051

69,015

Foreclosed property

1,856

1,826

404

Total nonperforming assets (NPAs)

99,684

116,877

69,419

Construction and land development

186

1,481

—

Commercial real estate - owner occupied

4,362

4,788

714

Commercial real estate - non-owner occupied

1,793

2,099

—

Multifamily real estate

4,195

6,140

—

Commercial & Industrial

3,675

9,114

1,075

Residential 1-4 Family - Commercial

1,161

2,379

1,091

Residential 1-4 Family - Consumer

4,449

5,633

1,193

Residential 1-4 Family - Revolving

4,340

3,458

2,397

Auto

239

404

196

Consumer

Other Commercial

—

LHFI ≥ 90 days and still accruing

24,470

35,551

6,782

Total NPAs and LHFI ≥ 90 days

124,154

152,428

76,201

NPAs / total LHFI

0.36

0.42

0.38

NPAs / total assets

0.27

0.31

0.28

ALLL / nonaccrual loans

297.56

256.50

280.80

ALLL/ nonperforming assets

292.02

252.49

279.17

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Past Due Detail

Construction and land development

2,866

1,455

458

Commercial real estate - owner occupied

8,223

7,241

1,455

Commercial real estate - non-owner occupied

5,445

9,482

3,760

Multifamily real estate

6,944

1,353

Commercial & Industrial

10,396

8,935

4,192

Residential 1-4 Family - Commercial

4,076

2,634

1,029

Residential 1-4 Family - Consumer

22,015

17,911

11,005

Residential 1-4 Family - Revolving

4,094

3,994

2,533

Auto

2,212

3,332

3,662

Consumer

268

444

479

Other Commercial

2,714

3,242

6,875

LHFI 30-59 days past due

69,253

58,722

36,801

Construction and land development

3,299

Commercial real estate - owner occupied

8,767

3,171

971

Commercial real estate - non-owner occupied

4,084

1,455

—

Multifamily real estate

—

247

981

Commercial & Industrial

10,432

3,552

838

Residential 1-4 Family - Commercial

323

1,306

Residential 1-4 Family - Consumer

1,841

5,628

348

Residential 1-4 Family - Revolving

1,218

2,157

1,137

Auto

411

797

539

Consumer

333

171

384

Other Commercial

525

143

1,123

LHFI 60-89 days past due

31,233

18,721

6,375

Past Due and still accruing

124,956

112,994

49,958

Past Due and still accruing / total LHFI

0.45

0.41

0.27

Alternative Performance Measures (non-GAAP)

Net interest income (FTE) (1)

Net interest income (GAAP)

312,373

330,168

184,164

FTE adjustment

4,550

4,621

3,757

Net interest income (FTE) (non-GAAP)

316,923

334,789

187,921

Noninterest income (GAAP)

54,783

57,000

29,163

Total revenue (FTE) (non-GAAP)

371,706

391,789

217,084

Less: Noninterest expense (GAAP)

209,810

243,243

134,184

Pre-tax pre-provision earnings (FTE) (non-GAAP)

161,896

148,546

82,900

Average earning assets

33,377,790

33,555,065

22,108,618

Net interest margin

3.80

3.90

3.38

Net interest margin (FTE)

3.85

3.96

3.45

Tangible Assets (2)

Ending assets (GAAP)

37,315,011

37,585,754

24,632,611

Less: Ending goodwill

1,754,875

1,733,287

1,214,053

Less: Ending amortizable intangibles

300,099

315,544

79,165

Ending tangible assets (non-GAAP)

35,260,037

35,536,923

23,339,393

Tangible Common Equity (2)

Ending equity (GAAP)

5,052,316

5,006,398

3,185,216

Less: Ending goodwill

1,754,875

1,733,287

1,214,053

Less: Ending amortizable intangibles

300,099

315,544

79,165

Less: Perpetual preferred stock

166,357

Ending tangible common equity (non-GAAP)

2,830,985

2,791,210

1,725,641

Average equity (GAAP)

5,068,069

4,950,858

3,183,846

Less: Average goodwill

1,733,527

1,726,933

1,214,053

Less: Average amortizable intangibles

307,636

324,099

81,790

Less: Average perpetual preferred stock

166,356

Average tangible common equity (non-GAAP)

2,860,550

2,733,470

1,721,647

ROTCE (2)(3)

Net income available to common shareholders (GAAP)

119,198

108,999

46,851

Plus: Amortization of intangibles, tax effected

12,202

13,977

4,264

Net income available to common shareholders before amortization of intangibles (non-GAAP)

131,400

122,976

51,115

Return on average tangible common equity (ROTCE)

18.63

17.85

12.04

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Operating Measures (4)

Net income (GAAP)

122,165

111,966

49,818

Plus: Merger-related costs, net of tax

6,956

29,742

4,643

Less: Gain (loss) on sale of securities, net of tax

(81)

Less: Gain on sale of equity interest in CSP, net of tax

—

340

—

Adjusted operating earnings (non-GAAP)

129,119

141,366

54,542

Less: Dividends on preferred stock

2,967

Adjusted operating earnings available to common shareholders (non-GAAP)

126,152

138,399

51,575

Operating Efficiency Ratio (1)(6)

Noninterest expense (GAAP)

209,810

243,243

134,184

Less: Amortization of intangible assets

15,446

17,692

5,398

Less: Merger-related costs

9,034

38,626

4,940

Adjusted operating noninterest expense (non-GAAP)

185,330

186,925

123,846

Noninterest income (GAAP)

54,783

57,000

29,163

Less: Gain (loss) on sale of securities

(102)

Less: Gain on sale of equity interest in CSP

—

457

—

Adjusted operating noninterest income (non-GAAP)

54,781

56,541

29,265

Net interest income (FTE) (non-GAAP) (1)

316,923

334,789

187,921

Adjusted operating noninterest income (non-GAAP)

54,781

56,541

29,265

Total adjusted revenue (FTE) (non-GAAP) (1)

371,704

391,330

217,186

Efficiency ratio

57.14

62.83

62.90

Efficiency ratio (FTE) (1)

56.45

62.09

61.81

Adjusted operating efficiency ratio (FTE) (1)(6)

49.86

47.77

57.02

Operating ROA & ROE (4)

Adjusted operating earnings (non-GAAP)

129,119

141,366

54,542

Average assets (GAAP)

37,254,857

37,356,117

24,678,974

Return on average assets (ROA) (GAAP)

1.33

1.19

0.82

Adjusted operating return on average assets (ROA) (non-GAAP)

1.41

1.50

0.90

Average equity (GAAP)

5,068,069

4,950,858

3,183,846

Return on average equity (ROE) (GAAP)

9.78

8.97

6.35

Adjusted operating return on average equity (ROE) (non-GAAP)

10.33

11.33

6.95

Operating ROTCE (2)(3)(4)

Adjusted operating earnings available to common shareholders (non-GAAP)

126,152

138,399

51,575

Plus: Amortization of intangibles, tax effected

12,202

13,977

4,264

Adjusted operating earnings available to common shareholders before amortization of intangibles (non-GAAP)

138,354

152,376

55,839

Average tangible common equity (non-GAAP)

2,860,550

2,733,470

1,721,647

Adjusted operating return on average tangible common equity (non-GAAP)

19.62

22.12

13.15

Operating pre-tax pre-provision earnings (FTE) (7)

Net income (GAAP)

122,165

111,966

49,818

Plus: Provision for credit losses

2,737

2,211

17,638

Plus: Income tax expense

32,444

29,748

11,687

Plus: Merger-related costs

9,034

38,626

4,940

Plus: FTE adjustment

4,550

4,621

3,757

Less: Gain (loss) on sale of securities

(102)

Less: Gain on sale of equity interest in CSP

—

457

—

Adjusted operating pre-tax pre-provision earnings (FTE) (non-GAAP)

170,928

186,713

87,942

Less: Dividends on preferred stock

2,967

Adjusted operating pre-tax pre-provision earnings available to common shareholders (FTE)

(non-GAAP)

167,961

183,746

84,975

Weighted average common shares outstanding, diluted

142,280,978

142,118,797

90,072,795

Adjusted operating pre-tax pre-provision earnings per common share, diluted (FTE)

1.18

1.29

0.94

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

KEY FINANCIAL RESULTS (UNAUDITED)

(Dollars in thousands, except share data)

As of & For Three Months Ended

3/31/26

12/31/25

3/31/25

Mortgage Origination Held for Sale Volume

Refinance Volume

25,375

20,179

10,035

Purchase Volume

60,543

79,089

33,733

Total Mortgage loan originations held for sale

85,918

99,268

43,768

% of originations held for sale that are refinances

29.5

20.3

22.9

Wealth

Assets under management

15,246,694

15,146,318

6,785,740

Other Data

End of period full-time equivalent employees

3,034

3,001

2,128

(1) These are non-GAAP financial measures. The Company believes net interest income (FTE), total revenue (FTE), total adjusted revenue (FTE), which are used in computing net interest margin (FTE), efficiency ratio (FTE) and adjusted operating efficiency ratio (FTE), provide valuable additional insight into the net interest margin and the efficiency ratio by adjusting for differences in tax treatment of interest income sources. The entire FTE adjustment is attributable to interest income on earning assets, which is used in computing the yield on earning assets. Interest expense and the related cost of interest-bearing liabilities and cost of funds ratios are not affected by the FTE components.

(2) These are non-GAAP financial measures. Tangible assets and tangible common equity are used in the calculation of certain profitability, capital, and per share ratios. The Company believes tangible assets, tangible common equity and the related ratios are meaningful measures of capital adequacy because they provide a meaningful base for period-to-period and company-to-company comparisons, which the Company believes will assist investors in assessing the capital of the Company and its ability to absorb potential losses. 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.

(3) These are non-GAAP financial measures. The Company believes that ROTCE is a meaningful supplement to GAAP financial measures and is useful to investors because it measures the performance of a business consistently across time without regard to whether components of the business were acquired or developed internally.

(4)

(4) These are non-GAAP financial measures. Adjusted operating measures exclude, as applicable, merger-related costs, gain (loss) on sale of securities, and gain on sale of equity interest in CSP. The Company believes these non-GAAP adjusted measures provide investors with important information about the continuing economic results of the Company’s operations.

(5) All ratios at March 31, 2026 are estimates and subject to change pending the Company’s filing of its FR Y9-C. All other periods are presented as filed.

(6) The adjusted operating efficiency ratio (FTE) excludes, as applicable, the amortization of intangible assets, merger-related costs, gain (loss) on sale of securities, and gain on sale of equity interest in CSP. This measure is similar to the measure used by the Company when analyzing corporate performance and is also similar to the measure used for incentive compensation. The Company believes this adjusted measure provides investors with important information about the continuing economic results of the Company’s operations.

(7) These are non-GAAP financial measures. Adjusted operating pre-tax pre-provision earnings (FTE) excludes, as applicable, the provision for credit losses, which can fluctuate significantly from period-to-period under the CECL methodology, income tax expense, merger-related costs, gain (loss) on sale of securities, and gain on sale of equity interest in CSP. The Company believes this adjusted measure provides investors with important information about the continuing economic results of the Company’s operations.

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except share data)

March 31,

December 31,

March 31,

2026

2025

ASSETS

(unaudited)

(audited)

(unaudited)

Cash and cash equivalents:

Cash and due from banks

451,370

234,257

194,083

Interest-bearing deposits in other banks

321,302

706,014

236,094

Federal funds sold

7,456

26,191

3,961

Total cash and cash equivalents

780,128

966,462

434,138

Securities available for sale, at fair value

4,011,410

4,194,301

2,483,835

Securities held to maturity, at carrying value

870,288

884,216

821,059

Restricted stock, at cost

177,513

190,200

100,312

Loans held for sale

20,776

18,486

9,525

Loans held for investment, net of unearned income

27,946,424

27,796,167

18,427,689

Less: allowance for loan and lease losses

291,100

295,108

193,796

Total loans held for investment, net

27,655,324

27,501,059

18,233,893

Premises and equipment, net

162,549

166,752

111,876

Goodwill

1,754,875

1,733,287

1,214,053

Amortizable intangibles, net

300,099

315,544

79,165

Bank owned life insurance

675,816

672,890

496,933

Other assets

906,233

942,557

647,822

Total assets

37,315,011

37,585,754

24,632,611

LIABILITIES

Noninterest-bearing demand deposits

6,843,726

6,844,629

4,471,173

Interest-bearing deposits

23,547,530

23,627,007

16,031,701

Total deposits

30,391,256

30,471,636

20,502,874

Securities sold under agreements to repurchase

144,605

75,432

57,018

Other short-term borrowings

385,000

650,000

—

Long-term borrowings

774,982

771,860

418,667

Other liabilities

566,852

610,428

468,836

Total liabilities

32,262,695

32,579,356

21,447,395

STOCKHOLDERS' EQUITY

Preferred stock, $10.00 par value

173

Common stock, $1.33 par value

188,940

188,563

118,823

Additional paid-in capital

3,890,335

3,888,841

2,280,300

Retained earnings

1,251,356

1,184,908

1,119,635

Accumulated other comprehensive loss

(278,488)

(256,087)

(333,715)

Total stockholders' equity

5,052,316

5,006,398

3,185,216

Total liabilities and stockholders' equity

37,315,011

37,585,754

24,632,611

Common shares issued and outstanding

142,060,496

141,776,886

89,340,541

Common shares authorized

200,000,000

Preferred shares issued and outstanding

17,250

Preferred shares authorized

500,000

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(Dollars in thousands, except share data)

Three Months Ended

March 31,

December 31,

March 31,

2026

2025

Interest and dividend income:

Interest and fees on loans

419,628

443,714

271,515

Interest on deposits in other banks

2,146

6,134

2,513

Interest and dividends on securities:

Taxable

41,008

43,038

23,648

Nontaxable

8,953

8,956

8,160

Total interest and dividend income

471,735

501,842

305,836

Interest expense:

Interest on deposits

141,779

157,886

115,587

Interest on short-term borrowings

5,227

957

909

Interest on long-term borrowings

12,356

12,831

5,176

Total interest expense

159,362

171,674

121,672

Net interest income

312,373

330,168

184,164

Provision for credit losses

2,737

2,211

17,638

Net interest income after provision for credit losses

309,636

327,957

166,526

Noninterest income:

Service charges on deposit accounts

12,116

11,742

9,683

Other service charges, commissions and fees

1,938

1,726

1,762

Interchange fees

3,326

3,660

2,949

Fiduciary and asset management fees

20,178

19,848

6,697

Mortgage banking income

2,026

2,084

973

Bank owned life insurance income

5,200

5,040

3,537

Loan-related interest rate swap fees

3,975

8,381

2,400

Other operating income

6,024

4,519

1,162

Total noninterest income

54,783

57,000

29,163

Noninterest expenses:

Salaries and benefits

113,413

108,405

75,415

Occupancy expenses

13,202

13,222

8,580

Furniture and equipment expenses

5,555

5,331

3,914

Technology and data processing

15,602

17,495

10,188

Professional services

5,768

8,044

4,687

Marketing and advertising expense

7,328

6,786

3,184

FDIC assessment premiums and other insurance

6,846

7,392

5,201

Franchise and other taxes

4,705

4,874

4,643

Loan-related expenses

2,851

2,216

1,249

Amortization of intangible assets

15,446

17,692

5,398

Merger-related costs

9,034

38,626

4,940

Other expenses

10,060

13,160

6,785

Total noninterest expenses

209,810

243,243

134,184

Income before income taxes

154,609

141,714

61,505

Income tax expense

32,444

29,748

11,687

Net Income

122,165

111,966

49,818

Dividends on preferred stock

2,967

Net income available to common shareholders

119,198

108,999

46,851

Basic earnings per common share

0.84

0.77

0.53

Diluted earnings per common share

0.84

0.77

0.52

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

AVERAGE BALANCES, INCOME AND EXPENSES, YIELDS AND RATES (TAXABLE EQUIVALENT BASIS) (UNAUDITED)

(Dollars in thousands)

For the Quarter Ended

March 31, 2026

December 31, 2025

Average

Balance

Interest

Income /

Expense (1)

Yield /

Rate (1)(2)

Average

Balance

Interest

Income /

Expense (1)

Yield /

Rate (1)(2)

Assets:

Securities:

Taxable

3,877,982

41,008

4.29%

3,938,289

43,038

4.34%

Tax-exempt

1,329,520

11,333

3.46%

1,330,808

11,337

3.38%

Total securities

5,207,502

52,341

4.08%

5,269,097

54,375

4.09%

LHFI, net of unearned income (3)(4)

27,830,037

421,299

6.14%

27,433,274

445,296

6.44%

Other earning assets

340,251

2,645

3.15%

852,694

6,792

3.16%

Total earning assets

33,377,790

476,285

5.79%

33,555,065

506,463

5.99%

Allowance for loan and lease losses

(296,795)

(295,879)

Total non-earning assets

4,173,862

4,096,931

Total assets

37,254,857

37,356,117

Liabilities and Stockholders' Equity:

Interest-bearing deposits:

Transaction and money market accounts

14,701,490

79,333

2.19%

14,850,122

88,616

2.37%

Regular savings

2,713,336

10,894

1.63%

2,840,140

12,521

1.75%

Time deposits (5)

6,039,778

51,552

3.46%

6,229,539

56,749

3.61%

Total interest-bearing deposits

23,454,604

141,779

2.45%

23,919,801

157,886

2.62%

Other borrowings (6)

1,373,627

17,583

5.19%

914,352

13,788

5.98%

Total interest-bearing liabilities

24,828,231

159,362

2.60%

24,834,153

171,674

2.74%

Noninterest-bearing liabilities:

Demand deposits

6,755,732

6,964,548

Other liabilities

602,825

606,558

Total liabilities

32,186,788

32,405,259

Stockholders' equity

5,068,069

4,950,858

Total liabilities and stockholders' equity

37,254,857

37,356,117

Net interest income (FTE)

316,923

334,789

Interest rate spread

3.19%

3.25%

Cost of funds

1.94%

2.03%

Net interest margin (FTE)

3.85%

3.96%

(1) Income and yields are reported on a taxable equivalent basis using the statutory federal corporate tax rate of 21%.

(2) Rates and yields are annualized and calculated from rounded amounts in thousands, which appear above.

(3) Nonaccrual loans are included in average loans outstanding.

(4) Interest income on loans includes $35.6 million and $48.4 million for the three months ended March 31, 2026 and December 31, 2025, respectively, in accretion of the fair market value adjustments related to acquisitions.

(5) Interest expense on time deposits includes $366 thousand and $762 thousand for the three months ended March 31, 2026 and December 31, 2025, respectively, in accretion of the fair market value adjustments related to acquisitions.

(6) Interest expense on borrowings includes $3.0 million and $3.2 million for the three months ended March 31, 2026 and December 31, 2025, respectively, in amortization of the fair market value adjustments related to acquisitions.

EX-99.2

Filename: aub-20260421xex99d2.htm · Sequence: 3

Exhibit 99.2

Q1 2026 Earnings

Presentation April 21, 2026

FORWARD-LOOKING STATEMENTS

This presentation and statements by our management may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include, without limitation, statements regarding

our acquisition of Sandy Spring Bancorp, Inc. (“Sandy Spring”), including expectations with regard to the benefits of the Sandy Spring acquisition; 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, anticipated changes in the interest rate environment and the related impacts on our net interest margin, changes in economic, fiscal or trade policy and the potential impacts on

our business, loan demand and economic conditions in our markets and nationally; management’s beliefs regarding our liquidity, capital resources, asset quality, CRE loan portfolio and our customer relationships; statements regarding our strategy, statements that include

other projections, predictions, expectations, or beliefs about future events or results or otherwise are not statements of historical fact, and statements on the slides entitled “Highlights”, “The Next Phase – Harnessing Organic Power” and “2026 Financial Outlook”. 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. Forward-looking statements are often characterized by the use of qualified words (and their derivatives) such as “expect,” “believe,” “estimate,”

“plan,” “project,” “anticipate,” “intend,” “will,” “may,” “view,” “opportunity,” “seek to,” “potential,” “continue,” “confidence,” or words of similar meaning or other statements concerning opinions or judgment of Atlantic Union Bankshares Corporation (the “Company,”

“AUB,” “we,” “us” or “our”) and our management about future events. Although we believe that our expectations with respect to forward-looking statements are based on reasonable assumptions within the bounds of our existing knowledge of our business and operations,

there can be no assurance that actual future results, performance, or achievements of, or trends affecting, us will not differ materially from any projected future results, performance, achievements or trends expressed or implied by such forward-looking statements. Actual

future results, performance, achievements or trends may differ materially from historical results or those anticipated depending on a variety of factors, including, but not limited to, the effects of or changes in:

• market interest rates and their related impacts on macroeconomic conditions, customer and client behavior, our funding costs

and our loan and securities portfolios;

• economic conditions, including inflation and recessionary conditions and their related impacts on economic growth and

customer and client behavior;

• U.S. and global trade policies and tensions, including changes in, or the imposition of, tariffs and/or trade barriers and the

economic impacts, volatility and uncertainty resulting therefrom, and geopolitical instability;

• volatility in the financial services sector, including failures or rumors of failures of other depository institutions, along with

actions taken by governmental agencies to address such turmoil, and the effects on the ability of depository institutions,

including us, to attract and retain depositors and to borrow or raise capital;

• legislative or regulatory changes and requirements, including changes in federal state or local tax laws and changes impacting

the rulemaking, supervision, examination and enforcement priorities of the federal banking agencies;

• the sufficiency of liquidity and changes in our capital position;

• general economic and financial market conditions in the United States generally and particularly in the markets in which we

operate and which our loans are concentrated, including the effects of declines in real estate values, an increase in

unemployment levels, U.S. fiscal debt, budget and tax matters, U.S. government shutdowns, and slowdowns in economic

growth;

• the impact of purchase accounting with respect to the Sandy Spring acquisition, or any change in the assumptions used

regarding the assets acquired and liabilities assumed to determine the fair value and credit marks;

• the possibility that the anticipated benefits of our acquisition activity, including our acquisitions of Sandy Spring and American

National, 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, including those resulting from our acquisitions of

Sandy Spring and American National;

• our ability to identify, recruit and retain key employees

• monetary, fiscal and regulatory policies of the U.S. government, including policies of the U.S. Department of the Treasury and the

Federal Reserve;

• the quality or composition of our loan or investment portfolios and changes in these portfolios;

• demand for loan products and financial services in our market areas;

• our ability to manage our growth or implement our growth strategy;

• the effectiveness of expense reduction plans;

• the introduction of new lines of business or new products and services;

• real estate values in our lending area;

• changes in accounting principles, standards, rules, and interpretations, and the related impact on our financial statements;

• an insufficient ACL or volatility in the ACL resulting from the CECL methodology, either alone or as that may be affected by

changing economic conditions, credit concentrations, inflation, changing interest rates, or other factors;

• concentrations of loans secured by real estate, particularly commercial real estate;

• the effectiveness of our credit processes and management of our credit risk;

• our ability to compete in the market for financial services and increased competition from fintech companies;

• technological risks and developments, and cyber threats, attacks, or events;

• emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action or

increase the risk of a cybersecurity attack or the probability that such an attack would be successful;

• operational, technological, cultural, regulatory, legal, credit, and other risks associated with the exploration, consummation and

integration of potential future acquisitions, whether involving stock or cash consideration;

• the potential adverse effects of unusual and infrequently occurring events, such as weather-related disasters, terrorist acts,

geopolitical conflicts or public health events (such as pandemics), and of governmental and societal responses thereto; these

potential adverse effects may include, without limitation, adverse effects on macroeconomic conditions, the ability of our

borrowers to satisfy their obligations to us, on the value of collateral securing loans, on the demand for our loans or our other

products and services, on supply chains and methods used to distribute products and services, on incidents of cyberattack and

fraud, on our liquidity or capital positions, on risks posed by reliance on third-party service providers, on other aspects of our

business operations and on financial markets and economic growth;

• performance by our counterparties or vendors;

• deposit flows;

• the availability of financing and the terms thereof;

• the level of prepayments on loans and mortgage-backed securities;

• actual or potential claims, damages, and fines related to litigation or government actions, which may result in, among other

things, additional costs, fines, penalties, restrictions on our business activities, reputational harm, or other adverse

consequences;

• any event or development that would cause us to conclude that there was an impairment of any asset, including intangible

assets, such as goodwill; and

• other factors, many of which are beyond our control.

December 31, 2025, and related disclosures in other filings, which have been filed with the U.S. Securities and Exchange Commission (“SEC”) and are available on the SEC’s website at www.sec.gov. 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. The actual results or developments anticipated may not be realized or, even if

substantially realized, they may not have the expected consequences to or effects on the Company or our businesses or operations. Readers are cautioned not to rely too heavily on forward-looking statements. Forward-looking statements speak only as of the date they are

made. We do not intend or assume any obligation to update, revise or clarify any forward-looking statements that may be made from time to time by or on behalf of the Company, whether because of new information, future events or otherwise, except as required by law.

ADDITIONAL INFORMATION

Non-GAAP Financial Measures

This presentation contains certain financial information determined by methods other than

in accordance with generally accepted accounting principles in the United States (“GAAP”).

These non-GAAP financial measures are a supplement to GAAP, which is used to prepare

our financial statements, and should not be considered in isolation or as a substitute for

comparable measures calculated in accordance with GAAP. In addition, our non-GAAP

financial measures may not be comparable to non-GAAP financial measures of other

companies. We use the non-GAAP financial measures discussed herein in our analysis of

our performance. Our management believes that these non-GAAP financial measures

provide additional understanding of ongoing operations, enhance comparability of results

of operations with prior periods, show the effects of significant gains and charges in the

periods presented without the impact of items or events that may obscure trends in our

underlying performance, or show the potential effects of accumulated other

comprehensive income (or AOCI) or unrealized losses on securities on our capital. This

presentation also includes certain projections of non-GAAP financial measures. Due to the

inherent variability and difficulty associated with making accurate forecasts and

projections of information that is excluded from these projected non-GAAP measures, and

the fact that some of the excluded information is not currently ascertainable or accessible,

we are unable to quantify certain amounts that would be required to be included in the most

directly comparable projected GAAP financial measures without unreasonable effort.

Consequently, no disclosure of projected comparable GAAP measures is included, and no

reconciliation of forward-looking non-GAAP financial information is included.

Please see “Reconciliation of Non-GAAP Disclosures” at the end of this presentation for a

reconciliation to the nearest GAAP financial measure.

No Offer or Solicitation

This presentation does not constitute an offer to sell or a solicitation of an offer to buy any

securities. No offer of securities shall be made except by means of a prospectus meeting

the requirements of the Securities Act of 1933, as amended, and no offer to sell or

solicitation of an offer to buy shall be made in any jurisdiction in which such offer,

solicitation or sale would be unlawful.

Market and Industry Data

Unless otherwise indicated, market data and certain industry forecast data used in this

presentation were obtained from internal reports, where appropriate, as well as third party

sources and other publicly available information. 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. 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. These and other factors

could cause future performance to differ materially from assumptions and estimates.

About Atlantic Union Bankshares Corporation

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (NYSE: AUB)

is the holding company for Atlantic Union Bank. Atlantic Union Bank has branches and

ATMs located in Virginia, Maryland, North Carolina and Washington, D.C. Certain non-bank

financial services affiliates of Atlantic Union Bank include: Atlantic Union Equipment

Finance, Inc., which provides equipment financing; AUB Investments, Inc., which provides

investment services; and Atlantic Union Capital Markets, Inc., which provides capital

market services.

N O R F O L K

V I R G I N I A

B E A C H

M a ry l a n d

V irg in ia

No rth C a ro l in a

C H A R L O T T E

W I L M I N G T O N

B A L T I M O R E

R A L E I G H

G R E E N S B O R O

W A S H I N G T O N

R O A N O K E

S T A U N T O N

C H A R L O T T E S V I L L E

R I C H M O N D

F R E D E R I C K S B U R G

HIGHLIGHTS1

branches across

Virginia, North

Carolina and

Maryland footprint

178

largest regional

bank in lower Mid-Atlantic, Maryland

and Virginia2,3

$37.3 Billion

Assets

$27.9 Billion

Loans

$30.4 Billion

Deposits

$5.5 Billion

Market Capitalization

Soundness | Profitability | Growth

1. Assets, Loans, Deposits, and Branch Count are as of March 31, 2026. Market Cap as of April 20, 2026.

2. Based on deposit market share as of June 30, 2025. Regional market: Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C., and West Virginia

3. Regional banks defined as U.S. Banks with <$100 Billion in assets

OUR COMPANY

Branch (178) LPO (2)

Largest Regional Bank Headquartered in the Lower Mid-Atlantic

Dense, uniquely valuable presence

across attractive markets

FINANCIAL

STRENGTH

Solid balance sheet &

capital levels

PEER-LEADING

PERFORMANCE

Committed to top-tier

financial performance

ATTRACTIVE

FINANCIAL

PROFILE

Solid dividend yield

& payout ratio with

earnings upside

STRONG GROWTH

POTENTIAL

Organic & acquisition

opportunities

OUR

SHAREHOLDER

VALUE

PROPOSITION

Positioned for growth and long-term shareholder value creation as a

preeminent regional bank with a leading presence in attractive markets

LEADING REGIONAL

PRESENCE

AUB Q1 2026

FINANCIAL RESULTS

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measure in "Appendix - Reconciliation of Non-GAAP Disclosures”

HIGHLIGHTS

Q1 2026

LOANS & DEPOSITS

Loan growth was approximately 2.2% annualized in

Q1 2026

Non-interest bearing deposits at 23% of total

deposits at March 31, 2026

Loan/Deposit ratio of 92.0% at March 31, 2026

POSITIONING

FOR LONG TERM

Lending pipelines remain healthy and are higher

than at the start of Q1 2026

Focused on generating positive operating leverage

DIFFERENTIATED

CLIENT EXPERIENCE

Responsive, strong and capable alternative to large

national banks, while competitive with and more

capable than smaller banks

CAPITALIZE ON

STRATEGIC OPPORTUNITIES

Focused on execution after completion of Sandy Spring

franchise integration

Organic expansion in North Carolina planned in 2026

FINANCIAL RATIOS

Q1 2026 adjusted operating return on tangible common

equity of 19.6%1

Q1 2026 adjusted operating return on assets of 1.41%1

Q1 2026 adjusted operating efficiency ratio (FTE) of 49.9%1

ASSET QUALITY

Q1 2026 annualized net charge-offs at 2 basis points

of total average loans held for investment

Allowance for Credit Loss as a percentage of loans

held for investment of 1.15%

Source: Most recent data available from S&P Global; Bureau of Economic Analysis, Bureau of Labor Statistics

Our Markets

# State

Pop.

(Millions)

1 California 39.4

2 Texas 32.0

3 Florida 24.0

4 New York 19.9

5 Pennsylvania 13.1

6 Illinois 12.7

7 Ohio 11.9

8 Georgia 11.3

# State HHI ($)

1 District of Columbia 117,508

2 Massachusetts 109,065

3 New Jersey 108,801

4 Maryland 107,134

5 New Hampshire 106,667

6 California 105,694

7 Washington 105,641

8 Hawaii 105,239

# State

GDP

($Billions)

1 California 4,251

2 Texas 2,904

3 New York 2,468

4 Florida 1,835

5 Illinois 1,202

6 Pennsylvania 1,056

7 Ohio 967

8 Georgia 925

# State

Pop.

(Millions)

9 North Carolina 11.2

10 Michigan 10.2

11 New Jersey 9.6

12 Virginia 8.9

13 Washington 8.0

14 Arizona 7.7

15 Tennessee 7.3

18 Maryland 6.3

# State HHI ($)

9 Utah 103,211

10 Connecticut 102,592

11 Colorado 102,130

12 Virginia 99,769

13 Alaska 96,366

14 Minnesota 95,088

15 Rhode Island 93,626

37 North Carolina 79,045

# State

GDP

($Billions)

9 Washington 895

10 North Carolina 894

11 New Jersey 887

12 Massachusetts 820

13 Virginia 798

14 Michigan 730

15 Arizona 598

18 Maryland 568

MEDIAN HOUSEHOLD INCOME ($)

2026 POPULATION

( M I LLI O N S )

2025 GDP

( $ B I LLI O N S )

UNEMPLOYMENT BY STATE

# State

January 2026

(%)

1 South Dakota 2.2

1 Hawaii 2.2

3 North Dakota 2.6

4 Vermont 2.7

4 Alabama 2.7

6 Nebraska 3.0

7 New Hampshire 3.2

8 Wisconsin 3.3

# State

January 2026

(%)

8 Maine 3.3

10 Indiana 3.4

10 Iowa 3.4

17 Virginia 3.7

19 North Carolina 3.8

25 Maryland 4.3

51 District of

Columbia 6.7

National Rate 4.3

THE NEXT PHASE

Harnessing Organic Power

With the franchise now established, our focus is on maximizing its potential: We Believe AUB

Was Built For

This Moment

We have invested the capital,

built the platform, and

assembled the team. Now is the

time to demonstrate the power

of what we have built—

delivering sustainable, top-tier

performance and returns.

Organic growth

Deepening relationships,

growing our company

organically, and leveraging our

scale efficiently.

Capital generation

Shifting from capital

deployment to capital

creation, targeting top tier

returns, earnings growth,

and tangible book value per

share growth.

Disciplined execution

Delivering on the promises

made to our stakeholders.

• Reported net income available to common

shareholders increased $10.2 million in the first quarter

of 2026 compared to the fourth quarter of 2025, primarily

driven by:

• A decrease in noninterest expense, primarily driven by a

$29.6 million decrease in pre-tax merger-related costs

and a $2.3 million decrease in amortization of intangible

assets. For further detail on the decrease in noninterest

expense see slide “Q1 2026 Noninterest Expense”

• Partially offset by a decrease in net interest income,

driven primarily by a decrease in interest income on

loans held for investment (“LHFI”), reflecting lower loan

accretion income, the lower day count in the first

quarter, as well as the impact of lower yields on

variable-rate loans following the cumulative 75 basis

point reduction in the federal funds rate between

September and December 2025. The decreases were

partially offset by a decrease in interest expense,

primarily due to lower deposit costs, resulting from

reduced brokered deposit balances and lower

customer deposit rates due to the reductions in the

federal funds rate

• And a decrease in noninterest income primarily driven

by a $4.4 million decrease in loan-related interest rate

swap fees due to seasonally lower transaction volumes,

partially offset by a $1.5 million increase in other

operating income, primarily driven by an increase in

capital markets income. For further detail on the

decrease in noninterest income see slide “Q1 2026

Noninterest Income”.

• Adjusted operating earnings available to common

shareholders1 decreased $12.2 million in the first quarter

compared to the fourth quarter primarily due to:

• A decrease in net interest income, as described above

• Partially offset by a decrease in adjusted noninterest

expense1

, as described above excluding merger-related

costs and amortization of intangible assets

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures”

Note: all tables presented dollars in thousands, except per share amounts

Q1 2026 FINANCIAL PERFORMANCE AT-A-GLANCE

SUMMARIZED INCOME STATEMENT

1Q2026 4Q2025 $ Change % Change

Net interest income $312,373 $330,168 ($17,795) (5.4%)

- Provision for credit losses 2,737 2,211 526 23.8%

+ Noninterest income 54,783 57,000 (2,217) (3.9%)

- Noninterest expense 209,810 243,243 (33,433) (13.7%)

- Income tax expense 32,444 29,748 2,696 9.1%

Net income (GAAP) $122,165 $111,966 $10,199 9.1%

- Dividends on preferred stock 2,967 2,967 — 0.0%

Net income available to common shareholders (GAAP) $119,198 $108,999 $10,199 9.4%

+ Merger-related costs, net of tax 6,956 29,742 (22,786) (76.6%)

- Gain on sale of securities, net of tax 2 2 — 0.0%

- Gain on sale of equity interest in CSP, net of tax — 340 (340) (100.0%)

Adjusted operating earnings available to common shareholders (non-GAAP)1

$126,152 $138,399 ($12,247) (8.8%)

EARNINGS METRICS

1Q2026 4Q2025

Net Income available to common shareholders $119,198 $108,999

Common EPS, diluted $0.84 $0.77

ROE 9.78% 8.97%

ROTCE (non-GAAP)1

18.63% 17.85%

ROA 1.33% 1.19%

Efficiency ratio 57.14% 62.83%

Efficiency ratio (FTE)1

56.45% 62.09%

Net interest margin 3.80% 3.90%

Net interest margin (FTE)1

3.85% 3.96%

ADJUSTED OPERATING EARNINGS METRICS - NON-GAAP1

1Q2026 4Q2025

Adjusted operating earnings available to

common shareholders

$126,152 $138,399

Adjusted operating common EPS, diluted $0.89 $0.97

Core net interest margin (FTE) 3.45% 3.41%

Adjusted operating ROA 1.41% 1.50%

Adjusted operating ROTCE 19.62% 22.12%

Adjusted operating efficiency ratio (FTE) 49.86% 47.77%

Adjusted operating PTPP earnings (FTE) $170,928 $186,713

PTPP = Pre-tax Pre-provision

11 Numbers may not foot due to rounding

Q1 2026 ALLOWANCE FOR CREDIT LOSSES (ACL)

AND PROVISION FOR CREDIT LOSSES

Q1 MACROECONOMIC FORECAST

Q1 ACL CONSIDERATIONS

MOODY’S MARCH 2026 BASELINE FORECAST:

• US GDP expected to average ~2.8% growth

in 2026 and ~1.8% in 2027.

• The national unemployment rate expected

to average ~4.5% in 2026 and 2027.

• Effective January 1, 2026, the Company

made certain changes to its ACL

methodology as part of the continued

enhancement of its credit modeling

practices, resulting in more dynamic and

precise modeling that allows for more

granularity in the monitoring of our credit

losses.

• Utilizes a weighted Moody’s forecast

economic scenarios approach in the overall

estimate.

• The slight increase the allowance for credit

loss reflects the increase in RUC primarily

due to increased higher CLD unfunded

commitments, partially offset by a decline

in the ALLL due to portfolio mix changes.

• The reasonable and supportable forecast

period is 2 years; followed by reversion to

the historical loss average over 2 years.

ALLOWANCE FOR LOAN

& LEASE LOSSES (ALLL)

RESERVE FOR UNFUNDED

COMMITMENTS (RUC)

ALLOWANCE FOR

CREDIT LOSSES

09/30/2025

Ending Balance % of loans

$293.0 million

(1.07%)

$27.0 million

(0.10%)

$320.0 million

(1.17%)

Q4 2025 Activity

+$2.1 million

Increase primarily reflecting loan

growth.

($0.8) million

Slight decrease due to the decrease in

ALLL rate.

+$1.3 million

$2.2 million Provision for Credit

Losses and $0.9 million net charge-offs.

12/31/2025

Ending Balance % of loans

$295.1 million

(1.06%)

$26.2 million

(0.10%)

$321.3 million

(1.16%)

Q1 2026 Activity

($4.0) million

Decrease driven by portfolio mix

changes.

+$4.6 million

Increase primarily driven by higher

construction and land development

unfunded commitments.

+$0.6 million

$2.2 million Provision for Credit

Losses and $1.6 million net

charge-offs.

03/31/2026

Ending Balance % of loans

$291.1 million

(1.04%)

$30.8 million

(0.11%)

$321.9 million

(1.15%)

* Core Loan yield includes Loan Fees and Loan Swaps

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures”

Numbers may not foot due to rounding

2. Source Bloomberg

Q1 2026 NET INTEREST MARGIN

MARKET RATES2

Q1 2026 Q4 2025

EOP Avg EOP Avg

Fed funds 3.75% 3.75% 3.75% 4.02%

Prime 6.75% 6.75% 6.75% 7.02%

1-month SOFR 3.66% 3.67% 3.69% 3.91%

2-year Treasury 3.79% 3.58% 3.47% 3.53%

5-year Treasury 3.94% 3.77% 3.73% 3.67%

10- year Treasury 4.32% 4.19% 4.17% 4.09%

MARGIN OVERVIEW

Q1 2026 Q4 2025

Net interest margin (FTE)1 3.85% 3.96%

Loan yield (FTE)1 6.14% 6.44%

Investment yield (FTE)1 4.08% 4.09%

Earning asset yield (FTE)1 5.79% 5.99%

Cost of deposits 1.90% 2.03%

Cost of interest-bearing deposits 2.45% 2.62%

Cost of interest-bearing liabilities 2.60% 2.74%

Cost of funds 1.94% 2.03%

Presented on an FTE basis (non-GAAP)1

Approximately 20% of the total loan portfolio at 3/31/2026

have floors and all are above floors

LOAN PORTFOLIO PRICING MIX

Q1 2026

Fixed 48%

1-month SOFR 40%

Prime 8%

Other 4%

Total 100%

3.83% - 9 bps - 1 bps

3.85%

15 bps

- 5 bps

4 bps

3.96%

- 15 bps

Q4 2025 Reported NIM Core Loan Yield* Cash/Securities Yield Earning Assets Mix Core Deposits Rates/Mix Borrowings Net Purchase

Accounting Accretion

Q1 2026 Reported NIM

NET INTEREST MARGIN (FTE): DRIVERS OF CHANGE 4Q 2025 TO Q1 2026

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures” 13

Q1 2026 NONINTEREST INCOME Noninterest income decreased

approximately 4% in the first quarter of 2026

compared to the fourth quarter of 2025

primarily due to:

• A $4.4 million decrease in loan-related

interest rate swap fees due to seasonally

lower transaction volumes

• Partially offset by a $1.5 million increase in

other operating income, primarily due to an

increase in capital markets income

($ THOUSANDS) 1Q2026 4Q2025 $ Change % Change

Service charges on deposit accounts $12,116 $11,742 $374 3.2%

Other service charges, commissions and fees 1,938 1,726 212 12.3%

Interchange fees 3,326 3,660 (334) (9.1%)

Fiduciary and asset management fees 20,178 19,848 330 1.7%

Mortgage banking income 2,026 2,084 (58) (2.8%)

Bank owned life insurance income 5,200 5,040 160 3.2%

Loan-related interest rate swap fees 3,975 8,381 (4,406) (52.6%)

Other operating income 6,024 4,519 1,505 33.3%

Total noninterest income $54,783 $57,000 ($2,217) (3.9%)

Less: Gain on sale of securities 2 2 — 0.0%

Less: Gain on sale of equity interest in CSP — 457 (457) (100.0%)

Total adjusted operating noninterest income (non-GAAP)1

$54,781 $56,541 ($1,760) (3.1%)

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures” 14

Q1 2026 NONINTEREST EXPENSE Noninterest expense decreased

approximately 14% in the first quarter of 2026

compared to the fourth quarter of 2025

primarily due to:

• A $29.6 million decrease in pre-tax merger-related costs

• A $2.3 million decrease in amortization of

intangible assets

Adjusted operating noninterest expense1

decreased approximately 0.9% in the first

quarter of 2026 compared to the fourth

quarter of 2025 primarily due to:

• A $3.1 million decrease in other expenses,

primarily due to a decrease in non-credit-related losses on customer transactions

• A $2.3 million decrease in professional

services related to strategic projects that

occurred in the prior quarter

• A $1.9 million decrease in technology and

data processing expense

• Partially offset by a $5.0 million increase in

salaries and benefits expense, primarily due

to seasonal increases in payroll taxes and

401(k) contribution expenses

($ THOUSANDS) 1Q2026 4Q2025 $ Change % Change

Salaries and benefits $113,413 $108,405 $5,008 4.6%

Occupancy expenses 13,202 13,222 (20) (0.2%)

Furniture and equipment expenses 5,555 5,331 224 4.2%

Technology and data processing 15,602 17,495 (1,893) (10.8%)

Professional services 5,768 8,044 (2,276) (28.3%)

Marketing and advertising expense 7,328 6,786 542 8.0%

FDIC assessment premiums and other insurance 6,846 7,392 (546) (7.4%)

Franchise and other taxes 4,705 4,874 (169) (3.5%)

Loan-related expenses 2,851 2,216 635 28.7%

Amortization of intangible assets 15,446 17,692 (2,246) (12.7%)

Merger-related costs 9,034 38,626 (29,592) (76.6%)

Other expenses 10,060 13,160 (3,100) (23.6%)

Total noninterest expenses $209,810 $243,243 ($33,433) (13.7%)

Less: Amortization of intangible assets 15,446 17,692 (2,246) (12.7%)

Less: Merger-related costs 9,034 38,626 (29,592) (76.6%)

Total adjusted operating noninterest expense (non-GAAP)1

$185,330 $186,925 ($1,595) (0.9%)

Q1 2026 LOAN AND DEPOSITS

• At March 31, 2026, LHFI totaled $27.9 billion, an

increase of $150.3 million from the prior quarter.

• Average loan yields (FTE)2 decreased 30

basis point to 6.14% reflecting lower loan

accretion income, the lower day count in the

first quarter, as well as the impact of lower

yields on variable-rate loans following the

cumulative 75 basis point reduction in the

federal funds rate between September and

December 2025.

• At March 31, 2026, total deposits were $30.4

billion, a decrease of $80.4 million from the prior

quarter due to a decline in brokered deposits,

partially offset by an increase in interest-bearing

customer deposits.

• Noninterest-bearing demand deposits

accounted for 23% of total deposit balances

at the end of the first quarter of 2026 up from

22% in the prior quarter.

• The average cost of deposits decreased by

13 basis points compared to the prior

quarter, resulting from reduced brokered

deposit balances and lower customer

deposit rates due to reductions in the federal

funds rate.

• At March 31, 2026, the loan to deposit ratio was

92.0%, up from 91.2% in the prior quarter.

(1) Auto portfolio is in run-off mode.

(2) For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures”

LOANS

($ THOUSANDS) 1Q2026 4Q2025 QTD ANNUALIZED % CHANGE

Commercial real estate - non-owner occupied $ 7,212,035 $ 7,178,515 1.9%

Commercial real estate - owner occupied 4,319,847 4,305,796 1.3%

Construction and land development 1,748,413 1,666,381 20.0%

Multifamily real estate 2,321,504 2,418,250 (16.2%)

Residential 1-4 Family - Commercial 1,053,303 1,100,157 (17.3%)

Total Commercial Real Estate (CRE) 16,655,102 16,669,099 (0.3%)

Commercial & Industrial 5,384,856 5,229,728 12.0%

Other Commercial 1,543,573 1,518,589 6.7%

Total Commercial & Industrial 6,928,429 6,748,317 10.8%

Total Commercial Loans $ 23,583,531 $ 23,417,416 2.9%

Residential 1-4 Family - Consumer 2,839,216 2,825,259 2.0%

Residential 1-4 Family - Revolving 1,257,079 1,248,284 2.9%

Auto(1) 156,843 183,720 (59.3%)

Consumer 109,755 121,488 (39.2%)

Total Consumer Loans $ 4,362,893 $ 4,378,751 (1.5%)

Total Loans Held for Investment (LHFI) (net of unearned income) $ 27,946,424 $ 27,796,167 2.2%

Average Loan Yield (FTE) 6.14% 6.44%

DEPOSITS

($ THOUSANDS) 1Q2026 4Q2025 QTD ANNUALIZED % CHANGE

Interest checking accounts $ 7,515,409 $ 7,193,204 18.2%

Money market accounts 6,985,315 6,863,981 7.2%

Savings accounts 2,691,144 2,747,622 (8.3%)

Customer time deposits of more than $250,000 1,767,455 1,737,345 7.0%

Customer time deposits of $250,000 or less 3,977,869 3,956,571 2.2%

Time deposits 5,745,324 5,693,916 3.7%

Total interest-bearing customer deposits 22,937,192 22,498,723 7.9%

Brokered deposits 610,338 1,128,284 (186.2%)

Total interest-bearing deposits 23,547,530 23,627,007 (1.4%)

Demand deposits 6,843,726 6,844,629 (0.1%)

Total Deposits $ 30,391,256 $ 30,471,636 (1.1%)

Average Cost of Deposits 1.90% 2.03%

Loan to Deposit Ratio 92.0% 91.2%

CAPITAL RATIO

REGULATORY WELL

CAPITALIZED

MINIMUMS

REPORTED PRO FORMA INCLUDING AOCI

& HTM UNREALIZED LOSSES

ATLANTIC UNION

BANKSHARES

ATLANTIC

UNION BANK

ATLANTIC

UNION

BANKSHARES

ATLANTIC

UNION BANK

Common Equity Tier 1 Ratio

(CET1) 6.5% 10.2% 13.1% 9.2% 12.1%

Tier 1 Capital Ratio 8.0% 10.8% 13.1% 9.7% 12.1%

Total Risk Based Capital Ratio 10.0% 14.0% 14.1% 13.0% 13.0%

Leverage Ratio 5.0% 9.3% 11.3% 8.4% 10.4%

Tangible Equity to Tangible

Assets (non-GAAP)1

- 8.5% 10.5% 8.4% 10.4%

Tangible Common Equity Ratio

(non-GAAP) 1

- 8.0% 10.5% 7.9% 10.4%

As of 3/31/2026 As of 12/31/2025 % Change

Tangible Book Value per share

(non-GAAP) 1 - $19.93 $19.69 1.2%

1. For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in “Appendix – Reconciliation of Non-GAAP Disclosures”

* Capital information presented herein is based on estimates and subject to change pending the Company’s filing of its regulatory reports

STRONG CAPITAL POSITION CAPITAL MANAGEMENT STRATEGY

ATLANTIC UNION CAPITAL MANAGEMENT

OBJECTIVES ARE TO:

• Maintain designation as a “well capitalized”

institution.

• Ensure capital levels are commensurate with

the Company’s risk profile, capital stress test

projections, and strategic plan objectives.

THE COMPANY’S CAPITAL RATIOS ARE WELL

ABOVE REGULATORY WELL CAPITALIZED LEVELS

AS OF MARCH 31, 2026

• On a pro forma standalone basis, the Company

and the Bank would be well capitalized if

unrealized losses on securities were realized at

March 31, 2026.

CAPITAL MANAGEMENT ACTIONS

• During the first quarter of 2026, the Company

paid a common stock dividend of 37 cents per

share, which was the same as the fourth quarter

of 2025, and an increase of 8.8% from the first

quarter of 2025 dividend amount.

• During the first quarter of 2026, the Company

paid dividends of $171.88 per outstanding share

of Series A Preferred Stock

At March 31, 2026

2026 Financial Outlook

1. Information on this slide is presented as of April 21, 2026, reflects the Company’s updated financial outlook, certain of the Company’s financial targets, and key economic and other assumptions, and will not be updated or affirmed unless and

until the Company publicly announces such an update or affirmation. The 2026 financial outlook, the Company’s financial targets and the key economic assumptions contain forward-looking statements. 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. As a result, actual results or conditions may differ materially. See the information set forth below the heading “Forward-Looking Statements” on slide 2 of this presentation.

2. Refer to “Additional Information” slide and Appendix for non-GAAP disclosures.

FULL YEAR 2026 OUTLOOK 1

Loans (end of period) $29.0 – 30.0 billion

Deposits (end of period) $31.0 – 32.0 billion

Credit Outlook

ACL to loans: ~115 – 120 bps

Net charge-off ratio: ~10 – 15 bps

Net Interest Income (FTE) 2 ~$1.34 - $1.35 billion

Net Interest Margin (FTE) 2 ~3.90% - 4.00%

Noninterest Income ~$220 - $230MM

Adjusted Operating Noninterest Expense2

(excludes amortization of intangible assets)

~$742- $752MM

Amortization of intangible assets ~$60MM

Tangible Book Value Growth Per Share ~12-15% growth

• The Federal Reserve Bank does not cut

the fed funds rate in 2026 and term rates

remain stable

• Assumes moderate GDP growth and a

stable economy in AUB’s branch footprint

• Expect Virginia, Maryland, and North

Carolina unemployment rate to rise

but remain below the national

unemployment rate in 2026

KEY ASSUMPTIONS1

Q1 2026

APPENDIX

AUB DIVERSIFIED AND GRANULAR LOAN PORTFOLIO

Figures may not total to 100% due to rounding

Duration and Weighted Average Yield Data is as of or for the three months ended March 31, 2026

Commercial defined as C&I plus owner-occupied commercial real estate and other commercial

1 For non-GAAP financial measures, see reconciliation to most directly comparable GAAP measures in "Appendix - Reconciliation of Non-GAAP Disclosures"

Duration

Q2 2025 Weighted Average Yield (Tax Equivalent)

C&D 6.3%

Owner Occupied

CRE

15.5%

C&I

19.3%

Other Commercial

5.5% Commercial 1-4 Family

3.8%

Non-Owner

Occupied CRE

25.8%

Multifamily RE

8.3%

Consumer 1-4 Family

10.2%

Residential 1-4 family

- Revolving 4.5%

Auto

0.6%

Consumer

0.4%

TOTAL LOAN PORTFOLIO $27.9 BILLION

Total Portfolio Characteristics

At March 31,2026

LOAN PORTFOLIO CHARACTERISTICS

1.2 years

Duration

40%

Commercial

6.14%

Q1 2026 Weighted Average Yield (Tax Equivalent)1

Total Non-Owner Occupied

CRE 25.8%

Owner Occupied CRE 15.5%

Construction and Land

Development 6.3%

Multifamily Real Estate 8.3%

Residential 1-4 Family -

Commercial 3.8%

Other Commercial

(Farmland) 0.1%

All Other Loans 40.2%

Figures may not foot due to rounding

AUB CRE PORTFOLIO

At March 31, 2026

CRE BY CLASS

$ I N M I LLI O N S

Total

Outstandings

% of

Total Portfolio

Hotel/Motel B&B $1,247 4.5%

Industrial/Warehouse $1,337 4.8%

Office $1,465 5.2%

Retail $1,743 6.2%

Self Storage $716 2.6%

Senior Living $120 0.4%

Other $584 2.1%

Total Non-Owner Occupied CRE $7,212 25.8%

Owner Occupied CRE $4,320 15.5%

Construction and Land Development $1,748 6.3%

Multifamily Real Estate $2,322 8.3%

Residential 1-4 Family - Commercial $1,053 3.8%

Other Commercial (Farmland) $42 0.2%

Total CRE $16,697 59.7%

$27.9B

Total

Loans

At March 31, 2026

1. Trailing 4 Quarters Avg NCO/Trailing 4 Quarter Avg Office Portfolio

Figures may not foot due to rounding.

NON-OWNER OCCUPIED OFFICE CRE PORTFOLIO

NON-OWNER OCCUPIED OFFICE

GEOGRAPHICALLY DIVERSE NON PORTFOLIO CREDIT QUALITY -OWNER OCCUPIED OFFICE PORTFOLIO

* DC, Montgomery County, Prince George’s County, Fairfax County, Fairfax City, Falls

Church City, Arlington County, Alexandria City

( $ M I LLI O N S )

Carolinas $301

Western VA $155

Fredericksburg Area $160

Central VA $103

Coastal VA/NC $64

Baltimore $129

DC Metro $426

Other Maryland $53

Eastern VA $34

Other $40

Total $1,465

BY MARKET DC METRO SUBMARKET* KEY PORTFOLIO METRICS

Avg. Office Loan ($ thousands) $2,133

Median Office Loan ($ thousands) $726

Loan Loss Reserve / Office Loans 1.76%

NCOs / Office Loans1 -0.01%

Delinquencies / Office Loans 0.48%

NPL / Office Loans 0.26%

Criticized Loans / Office Loans 10.16%

District of Columbia $59

Suburban Maryland $184

Suburban Virginia $184

Total $426

MULTIFAMILY CRE PORTFOLIO

1. Trailing 4 Quarters Avg NCO/Trailing 4 Quarter Avg Multifamily Portfolio

Figures may not foot due to rounding.

Carolinas $721

Western VA $261

Fredericksburg Area $85

Central VA $305

Coastal VA/NC $216

Baltimore $159

DC Metro $321

Other Maryland $10

Eastern VA $59

Other $186

Total $2,322

At March 31, 2026

* DC, Montgomery County, Prince George’s County, Fairfax County, Fairfax City, Falls

Church City, Arlington County, Alexandria City

BY MARKET

MULTIFAMILY PORTFOLIO CREDIT

GEOGRAPHICALLY DIVERSE MULTIFAMILY PORTFOLIO QUALITY

DC METRO SUBMARKET* KEY PORTFOLIO METRICS

( $ M I LLI O N S )

Avg. Multifamily Loan ($ thousands) $3,566

Median Multifamily Loan ($ thousands) $863

Loan Loss Reserve / Multifamily Loans 1.16%

NCOs / Multifamily Loans1 -0.01%

Delinquencies / Multifamily Loans 1.37%

NPL / Multifamily Loans 0.89%

Criticized Loans / Multifamily Loans 12.43%

District of Columbia $244

Suburban Maryland $62

Suburban Virginia $15

Total $321

$738.1 million 1.05% $3.4 million

Total Amount of Loans Loan Loss Reserve/

Gov Con Loans

Avg. Loan Size

0.00% 0.0% 6.35%

Non-Performing Loans Net Charge-Offs1 Criticized Loans/

Gov Con Loans

1. Trailing 4 Quarters Avg NCO/Trailing 4 Quarter Avg Government Contracting Portfolio

OVERVIEW OF GOVERNMENT-RELATED LOAN

PORTFOLIO EXPOSURES

• Government Contracting team has

managed through government

shutdowns and sequestrations in the

past.

• Focus on national security agency and

defense industry contractors.

• Active monitoring of all published

notices of contract terminations or

stop work orders.

KEY METRICS OF GOVERNMENT CONTRACTING PORTFOLIO

As of March 31, 2026

• Comprised primarily of facilities that help fund private equity

group lending to businesses

• The Company’s exposure consists of granular downstream

credits held as collateral with each facility controlled with

specific conservative advance rates and concentration

percentages

• The Company has had no NDFI charge-offs or past due loans in

the preceding four quarters

• All NDFI loans are included in the Other Commercial (Other) loan

class

1 As of March 31, 2026, there were no outstanding balances related to loans to consumer credit intermediaries

AUB NON-DEPOSITORY FINANCIAL INSTITUTION

(“NDFI”)/PRIVATE CREDIT PORTFOLIO

At March 31, 2026

$24.0

$157.2

$66.3

NDFI/PRIVATE CREDIT PORTFOLIO PORTFOLIO CHARACTERISTICS

$ I N M I LLI O N S

Loans to mortgage credit intermediaries

Institutional CRE, Residential Mortgage Warehouse,

Mortgage Servicing Rights ("MSR")

Loans to business credit intermediaries

Wholesale Lender Finance, Business Development

Companies

Other loans to non-depository financial

institutions

All Other (e.g. insurance, broker/dealer)

Loans to consumer credit intermediaries1

Consumer Lender Finance

N D F I / P R I V A T E C R E D I T LO A N T Y P E S

Total of $247.5

NDFI Loan Loss Reserve / Total NDFI Loans 0.82%

NDFI Loans/ Total Loans 0.89%

Average NDFI Loan Size $2.1 million

KEY PORTFOLIO METRICS

ATTRACTIVE CORE DEPOSIT BASE

Cost of deposit data is as of and for the three months ended March 31, 2026, figures may not foot due to rounding

1. Core deposits defined as total deposits less jumbo time deposits and brokered deposits

Non-Interest Bearing

23%

Interest Checking

25%

Money Market

23%

Retail Time

13%

Jumbo Time

Brokered

Savings

DEPOSIT BASE CHARACTERISTICS DEPOSIT COMPOSITION AT MARCH 31, 2026 — $30.4 BILLION

92%

core deposits1

48%

transactional accounts

1.90%

Q1 2026 cost of deposits

GRANULAR DEPOSIT BASE

CUSTOMER DEPOSIT GRANULARITY

PERIOD END UNINSURED & UNCOLLATERALIZED DEPOSITS

AS A PERCENTAGE OF TOTAL DEPOSITS

( $ M I LLI O N S )

$20,000 $22,000 $22,000

$98,000

$117,000 $118,000

Q1 2025 Q4 2025 Q1 2026

Retail Avg. Deposits Acct Size Business Avg. Deposits Acct Size

30%

32% 32% 31% 32%

$6,060

$9,907 $9,802 $9,551 $9,608

Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026

Cash and Cash

Equivalents

(unrestricted)

$943

Unencumbered

Securities

$2,150

FHLB Borrowing

Capacity

$5,628

Fed Funds Lines

$1,410

Discount Window

$2,418

Secondary Sources*

$2,454

AUB LIQUIDITY POSITION

* Includes brokered deposits and other sources of liquidity

Figures may not foot due to rounding

Liquidity

Sources

Total

$15.0

billion

At March 31, 2026

TOTAL LIQUIDITY SOURCES OF

$15.0 BILLION

~156% Liquidity Coverage Ratio of

Uninsured/Uncollateralized Deposits of $9.6 billion

($ MILLIONS)

SECURITIES PORTFOLIO

• Total securities portfolio of $4.9 billion with

a total unrealized loss of $357.5 million

– 83% of total portfolio book value in

available-for-sale (“AFS”) at an

unrealized loss of $322.1 million

– 17% of total portfolio book value

designated as held-to-maturity with an

unrealized loss of $35.4 million

– 15% floating rate versus 85% fixed rate

• Total effective duration of approximately 3.9

years. Securities portfolio is used

defensively to neutralize overall asset

sensitive interest rate risk profile

• ~26% municipals, ~72% treasuries, agency

MBS/CMOs and ~2% corporates and other

investments

• Securities to total assets of 13.1% as of

March 31, 2026, down from 13.5% as of

December 31, 2025

$3,305

$5,079

$4,882

1Q 2025 4Q 2025 1Q 2026

4.07% Yield

4.09% Yield

4.08% Yield

INVESTMENT SECURITIES BALANCES

Total AFS (fair value) and HTM (carrying value)

At March 31, 2026

( $ M I LLI O N S )

RECONCILIATION OF NON-GAAP DISCLOSURES

We have provided supplemental performance measures determined by methods other than in accordance with GAAP. These non-GAAP financial measures

are a supplement to GAAP, which we use to prepare our financial statements, and should not be considered in isolation or as a substitute for comparable

measures calculated in accordance with GAAP. In addition, our non-GAAP financial measures may not be comparable to non-GAAP financial measures of

other companies. We use the non-GAAP financial measures discussed herein in our analysis of our performance. Management believes that these non-GAAP financial measures provide additional understanding of ongoing operations, enhance comparability of results of operations with prior periods and

show the effects of significant gains and charges in the periods presented without the impact of items or events that may obscure trends in our underlying

performance or show the potential effects of accumulated other comprehensive income or unrealized losses on held to maturity securities on our capital.

RECONCILIATION OF NON-GAAP DISCLOSURES

Adjusted operating measures exclude, as

applicable, merger-related costs, gain on sale of

equity interest in Cary Street Partners (“CSP”),

and gain on sale of securities. The Company

believes these non-GAAP adjusted measures

provide investors with important information

about the continuing economic results of the

Company’s operations. The Company believes

net interest income (FTE), total revenue (FTE),

and total adjusted revenue (FTE), which are used

in computing net interest margin (FTE), efficiency

ratio (FTE) and adjusted operating efficiency ratio

(FTE), provide valuable additional insight into the

net interest margin and the efficiency ratio by

adjusting for differences in tax treatment of

interest income sources. The entire FTE

adjustment is attributable to interest income on

earning assets, which is used in computing the

yield on earning assets. Interest expense and the

related cost of interest-bearing liabilities and

cost of funds ratios are not affected by the FTE

components. The adjusted operating efficiency

ratio (FTE) excludes, as applicable, the

amortization of intangible assets, merger-related

costs, gain on sale of securities, and gain on sale

of equity interest in CSP. This measure is similar

to the measure used by the Company when

analyzing corporate performance and is also

similar to the measure used for incentive

compensation. The Company believes this

adjusted measure provides investors with

important information about the continuing

economic results of the Company’s operations.

ADJUSTED OPERATING EARNINGS AND EFFICIENCY RATIO

(Dollars in thousands, except per share amounts)

For the three months ended

March 31, 2026 December 31, 2025

Operating Measures

Net Income (GAAP) $ 122,165 $ 111,966

Plus: Merger-related costs, net of tax 6,956 29,742

Less: Gain on sale of equity interest in CSP, net of tax — 340

Less: Gain on sale of securities, net of tax 2 2

Adjusted operating earnings (non-GAAP) $ 129,119 $ 141,366

Less: Dividends on preferred stock 2,967 2,967

Adjusted operating earnings available to common shareholders (non-GAAP) $ 126,152 $ 138,399

Weighted average common shares outstanding, diluted 142,280,978 142,118,797

EPS available to common shareholders, diluted (GAAP) $ 0.84 $ 0.77

Adjusted operating EPS available to common shareholders (non-GAAP) $ 0.89 $ 0.97

Operating Efficiency Ratio

Noninterest expense (GAAP) $ 209,810 $ 243,243

Less: Amortization of intangible assets 15,446 17,692

Less: Merger-related costs 9,034 38,626

Adjusted operating noninterest expense (non-GAAP) $ 185,330 $ 186,925

Noninterest income (GAAP) $ 54,783 $ 57,000

Less: Gain on sale of securities 2 2

Less: Gain on sale of equity interest in CSP — 457

Adjusted operating noninterest income (non-GAAP) $ 54,781 $ 56,541

Net interest income (GAAP) $ 312,373 $ 330,168

Noninterest income (GAAP) 54,783 57,000

Total revenue (GAAP) $ 367,156 $ 387,168

Net interest income (FTE) (non-GAAP) $ 316,923 $ 334,789

Adjusted operating noninterest income (non-GAAP) 54,781 56,541

Total adjusted revenue (FTE) (non-GAAP) $ 371,704 $ 391,330

Efficiency ratio (GAAP) 57.14% 62.83%

Efficiency ratio FTE (non-GAAP) 56.45% 62.09%

Adjusted operating efficiency ratio (FTE) (non-GAAP) 49.86% 47.77%

RECONCILIATION OF NON-GAAP DISCLOSURES

The Company believes net interest

income (FTE), interest income (FTE),

investment income (FTE), total

revenue (FTE), earning asset income

(FTE), total adjusted revenue (FTE),

which are used in computing net

interest margin (FTE), core net

interest margin (FTE), loan yield

(FTE), investment yield (FTE), earning

asset yield (FTE), efficiency ratio

(FTE) and adjusted operating

efficiency ratio (FTE), provide

valuable additional insight into the

net interest margin, loan yield,

investment yield, earning asset yield,

and the efficiency ratio by adjusting

for differences in tax treatment of

interest income sources. The entire

FTE adjustment is attributable to

interest income on earning assets,

which is used in computing the yield

on earning assets. Interest expense

and the related cost of interest-bearing liabilities and cost of funds

ratios are not affected by the FTE

components.

NET INTEREST MARGIN, LOAN YIELD, INVESTMENT YIELD AND EARNING ASSET YIELD

(Dollars in thousands)

For the three months ended

March 31, 2026 December 31, 2025

Net interest income (GAAP) $ 312,373 $ 330,168

FTE adjustment 4,550 4,621

Net interest income (FTE) (non-GAAP) $ 316,923 $ 334,789

Noninterest income (GAAP) 54,783 57,000

Total revenue (FTE) (non-GAAP) $ 371,706 $ 391,789

Net interest income (FTE) (non-GAAP) $ 316,923 $ 334,789

Purchase accounting adjustments 32,714 45,960

Core net interest income (FTE) (non-GAAP) $ 284,209 $ 288,829

Average earning assets $ 33,377,790 $ 33,555,065

Net interest margin (GAAP) 3.80% 3.90%

Net interest margin (FTE) (non-GAAP) 3.85% 3.96%

Core net interest margin (FTE) (non-GAAP) 3.45% 3.41%

Loan interest income (GAAP) $ 419,129 $ 443,056

FTE adjustment 2,170 2,240

Loan interest income (FTE) (non-GAAP) $ 421,299 $ 445,296

Average LHFI $ 27,830,037 $ 27,433,274

Loan yield (GAAP) 6.11% 6.41%

Loan yield (FTE) (non-GAAP) 6.14% 6.44%

Investment interest income (GAAP) $ 49,961 $ 51,994

FTE adjustment 2,380 2,381

Investment interest income (FTE) (non-GAAP) $ 52,341 $ 54,375

Average securities $ 5,207,502 $ 5,269,097

Investment yield (GAAP) 3.89% 3.91%

Investment yield (FTE) (non-GAAP) 4.08% 4.09%

Total earning assets interest income (GAAP) $ 471,735 $ 501,842

FTE adjustment 4,550 4,621

Total earning assets interest income (FTE) (non-GAAP) $ 476,285 $ 506,463

Average earning assets $ 33,377,790 $ 33,555,065

Earning assets yield (GAAP) 5.73% 5.93%

Earning assets yield (FTE) (non-GAAP) 5.79% 5.99%

RECONCILIATION OF NON-GAAP DISCLOSURES

Tangible assets and tangible common equity are

used in the calculation of certain profitability,

capital, and per share ratios. The Company

believes tangible assets, tangible common

equity and the related ratios are meaningful

measures of capital adequacy because they

provide a meaningful base for period-to-period

and company-to-company comparisons, which

the Company believes will assist investors in

assessing the capital of the Company and its

ability to absorb potential losses. 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. The Company

also calculates adjusted tangible common

equity to tangible assets ratios to exclude AOCI,

which is principally comprised of unrealized

losses on AFS securities, and to include the

impact of unrealized losses on HTM securities.

The Company believes that each of these ratios

enables investors to assess the Company's

capital levels and capital adequacy without the

effects of changes in AOCI, some of which are

uncertain and difficult to predict, or assuming

that the Company realized all previously

unrealized losses on HTM securities at the end of

the period, as applicable.

TANGIBLE ASSETS, TANGIBLE COMMON EQUITY, AND LEVERAGE RATIO

(Dollars in thousands, except per share amounts)

As of March 31, 2026 As of December 31, 2025

Atlantic Union Atlantic Union Atlantic Union Atlantic Union

Bankshares Bank Bankshares Bank

Tangible Assets

Ending Assets (GAAP) $ 37,315,011 $ 37,224,225 $ 37,585,754 $ 37,497,857

Less: Ending goodwill 1,754,875 1,754,875 1,733,287 1,733,287

Less: Ending amortizable intangibles 300,099 300,099 315,544 315,544

Ending tangible assets (non-GAAP) $ 35,260,037 $ 35,169,251 $ 35,536,923 $ 35,449,026

Tangible Common Equity

Ending equity (GAAP) $ 5,052,316 $ 5,759,867 $ 5,006,398 $ 5,716,082

Less: Ending goodwill 1,754,875 1,754,875 1,733,287 1,733,287

Less: Ending amortizable intangibles 300,099 300,099 315,544 315,544

Less: Perpetual preferred stock 166,357 — 166,357 —

Ending tangible common equity (non-GAAP) $ 2,830,985 $ 3,704,893 $ 2,791,210 $ 3,667,251

Net unrealized losses on HTM securities, net of tax $ (35,456) $ (35,456) $ (27,404) $ (27,404)

Accumulated other comprehensive loss (AOCI) $ (278,488) $ (278,514) $ (256,087) $ (256,132)

Common shares outstanding at end of period 142,060,496 141,776,886

Average equity (GAAP) $ 5,068,069 $ 5,759,823 $ 4,950,858 $ 5,644,166

Less: Average goodwill 1,733,527 1,733,527 1,726,933 1,726,933

Less: Average amortizable intangibles 307,636 307,636 324,099 324,099

Less: Average perpetual preferred stock 166,356 — 166,356 —

Average tangible common equity (non-GAAP) $ 2,860,550 $ 3,718,660 $ 2,733,470 $ 3,593,134

Book value per common share (GAAP) $ 34.39 $ 34.14

Tangible book value per common share (non-GAAP) $ 19.93 $ 19.69

Tangible book value per common share, ex AOCI (non-GAAP) $ 21.89 $ 21.49

RECONCILIATION OF NON-GAAP DISCLOSURES

Tangible assets and tangible common equity are

used in the calculation of certain profitability,

capital, and per share ratios. The Company

believes tangible assets, tangible common

equity and the related ratios are meaningful

measures of capital adequacy because they

provide a meaningful base for period-to-period

and company-to-company comparisons, which

the Company believes will assist investors in

assessing the capital of the Company and its

ability to absorb potential losses. 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. The Company

also calculates adjusted tangible common

equity to tangible assets ratios to exclude AOCI,

which is principally comprised of unrealized

losses on AFS securities, and to include the

impact of unrealized losses on HTM securities.

The Company believes that each of these ratios

enables investors to assess the Company's

capital levels and capital adequacy without the

effects of changes in AOCI, some of which are

uncertain and difficult to predict, or assuming

that the Company realized all previously

unrealized losses on HTM securities at the end of

the period, as applicable.

TANGIBLE ASSETS, TANGIBLE COMMON EQUITY, AND LEVERAGE RATIO

(Dollars in thousands, except per share amounts)

As of March 31, 2026

Atlantic Union Atlantic Union

Bankshares Bank

Common equity to total assets (GAAP) 13.1% 15.5%

Tangible equity to tangible assets (non-GAAP) 8.5% 10.5%

Tangible equity to tangible assets, incl net unrealized losses on HTM securities (non-GAAP) 8.4% 10.4%

Tangible common equity to tangible assets (non-GAAP) 8.0% 10.5%

Tangible common equity to tangible assets, incl net unrealized losses on HTM securities (non-GAAP) 7.9% 10.4%

Tangible common equity to tangible assets, ex AOCI (non-GAAP) 8.8%

Leverage Ratio

Tier 1 capital $ 3,298,944 $ 4,008,482

Total average assets for leverage ratio $ 35,442,183 $ 35,355,629

Leverage ratio 9.3% 11.3%

Leverage ratio, incl AOCI and net unrealized losses on HTM securities (non-GAAP) 8.4% 10.4%

RECONCILIATION OF NON-GAAP DISCLOSURES

All regulatory capital ratios at March 31, 2026 are

estimates and subject to change pending the

Company’s filing of its FR Y-9C. In addition to

these regulatory capital ratios, the Company

adjusts certain regulatory capital ratios to

include the impacts of AOCI, which the

Company has elected to exclude from regulatory

capital ratios under applicable regulations, and

net unrealized losses on HTM securities,

assuming that those unrealized losses were

realized at the end of the period, as applicable.

The Company believes that each of these ratios

help investors to assess the Company's

regulatory capital levels and capital adequacy.

RISK-BASED CAPITAL RATIOS

(Dollars in thousands)

As of March 31, 2026

Atlantic Union

Bankshares

Atlantic

Union Bank

Risk-Based Capital Ratios

Net unrealized losses on HTM securities, net of tax

$ (35,456) $ (35,456)

Accumulated other comprehensive loss (AOCI)

$ (278,488) $ (278,514)

Common equity tier 1 capital

$ 3,132,588 $ 4,008,482

Tier 1 capital

$ 3,298,944 $ 4,008,482

Total capital

$ 4,296,841 $ 4,304,139

Total risk-weighted assets

$ 30,679,745 $ 30,591,461

Common equity tier 1 capital ratio

10.2% 13.1%

Common equity tier 1 capital ratio, incl AOCI and net unrealized losses on HTM securities (non-GAAP) 9.2% 12.1%

Tier 1 capital ratio

10.8% 13.1%

Tier 1 capital ratio, incl AOCI and net unrealized losses on HTM securities (non-GAAP)

9.7% 12.1%

Total capital ratio

14.0% 14.1%

Total capital ratio, incl AOCI and net unrealized losses on HTM securities (non-GAAP)

13.0% 13.0%

RECONCILIATION OF NON-GAAP DISCLOSURES

Tangible assets and tangible common equity are

used in the calculation of certain profitability,

capital, and per share ratios. The Company

believes tangible assets, tangible common

equity and the related ratios are meaningful

measures of capital adequacy because they

provide a meaningful base for period-to-period

and company-to-company comparisons, which

the Company believes will assist investors in

assessing the capital of the Company and its

ability to absorb potential losses. 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. The Company

believes that ROTCE is a meaningful supplement

to GAAP financial measures and is useful to

investors because it measures the performance

of a business consistently across time without

regard to whether components of the business

were acquired or developed internally. Adjusted

operating measures exclude, as applicable,

merger-related costs, gain on sale of securities,

gain on sale of equity interest in CSP and

amortization of intangible assets. The Company

believes these non-GAAP adjusted measures

provide investors with important information

about the continuing economic results of the

Company’s operations.

OPERATING MEASURES

(Dollars in thousands)

For the three months ended

March 31, 2026 December 31, 2025

Return on average assets (ROA)

Average assets (GAAP) $ 37,254,857 $ 37,356,117

ROA (GAAP) 1.33% 1.19%

Adjusted operating ROA (non-GAAP) 1.41% 1.50%

Return on average equity (ROE)

Adjusted operating earnings available to common shareholders (non-GAAP) $ 126,152 $ 138,399

Plus: Amortization of intangibles, tax effected 12,202 13,977

Adjusted operating earnings available to common shareholders before amortization of intangibles (non-GAAP) $ 138,354 $ 152,376

Average equity (GAAP) $ 5,068,069 $ 4,950,858

Less: Average goodwill 1,733,527 1,726,933

Less: Average amortizable intangibles 307,636 324,099

Less: Average perpetual preferred stock 166,356 166,356

Average tangible common equity (non-GAAP) $ 2,860,550 $ 2,733,470

ROE (GAAP) 9.78% 8.97%

Return on tangible common equity (ROTCE)

Net Income available to common shareholders (GAAP) $ 119,198 $ 108,999

Plus: Amortization of intangibles, tax effected 12,202 13,977

Net Income available to common shareholders before amortization of intangibles (non-GAAP) $ 131,400 $ 122,976

ROTCE (non-GAAP) 18.63% 17.85%

Adjusted operating ROTCE (non-GAAP) 19.62% 22.12%

RECONCILIATION OF NON-GAAP DISCLOSURES

Adjusted operating pre-tax pre-provision

earnings (FTE) excludes, as applicable, the

provision for credit losses, which can fluctuate

significantly from period-to-period under the

CECL methodology, income tax expense,

merger-related costs, gain on sale of securities,

and gain on sale of equity interest in CSP. The

Company believes this adjusted measure

provides investors with important information

about the continuing economic results of the

Company’s operations.

ADJUSTED OPERATING PRE-TAX PRE-PROVISION EARNINGS (FTE)

(Dollars in thousands)

For the three months ended

March 31, 2026 December 31, 2025

Net income (GAAP) $ 122,165 $ 111,966

Plus: Provision for credit losses

2,737 2,211

Plus: Income tax expense

32,444 29,748

Plus: Merger-related costs

9,034 38,626

Plus: FTE adjustment

4,550 4,621

Less: Gain on sale of securities

2 2

Less: Gain on sale of equity interest in CSP

— 457

Adjusted operating pre-tax pre-provision earnings (FTE) (non-GAAP) $ 170,928 $ 186,713

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XML — IDEA: XBRL DOCUMENT

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Filename: R1.htm · Sequence: 46

v3.26.1

Document and Entity Information1

Apr. 21, 2026

Document Type

8-K

Document Period End Date

Apr. 21, 2026

Entity File Number

001-39325

Entity Registrant Name

ATLANTIC UNION BANKSHARES CORPORATION

Entity Incorporation, State or Country Code

Entity Tax Identification Number

54-1598552

Entity Address, Address Line One

4300 Cox Road

Entity Address, State or Province

Entity Address, City or Town

Glen Allen

Entity Address, Postal Zip Code

23060

City Area Code

(804)

Local Phone Number

633-5031

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0000883948

Amendment Flag

false

Common Stock [Member]

Title of 12(b) Security

Common Stock, par value $1.33 per share

Trading Symbol

AUB

Security Exchange Name

NYSE

Series A Preferred Stock [Member]

Title of 12(b) Security

Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A

Trading Symbol

AUB.PRA

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

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No definition available.

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- Definition

Area code of city

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No definition available.

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Balance Type:

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- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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Data Type:

xbrli:dateItemType

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Period Type:

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

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Namespace Prefix:

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Data Type:

dei:submissionTypeItemType

Balance Type:

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

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Namespace Prefix:

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- Definition

Name of the City or Town

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- Definition

Code for the postal or zip code

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No definition available.

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Data Type:

xbrli:normalizedStringItemType

Balance Type:

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- Definition

Name of the state or province.

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No definition available.

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Name:

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Namespace Prefix:

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Data Type:

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duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Namespace Prefix:

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- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Data Type:

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

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Namespace Prefix:

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Data Type:

dei:fileNumberItemType

Balance Type:

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

+ Details

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Namespace Prefix:

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Data Type:

dei:edgarStateCountryItemType

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Local phone number for entity.

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No definition available.

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Namespace Prefix:

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Data Type:

xbrli:normalizedStringItemType

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

+ References

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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Balance Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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