Every material Form 8-K Atlantic Union Bankshares has filed with the SEC since October 21, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Atlantic Union Bankshares Corporation's board declared a quarterly common stock dividend of $0.40 per share, an $0.03 (8.1%) increase from the prior quarter and the fourth quarter of 2025. The board also declared a quarterly dividend of $0.43 per depositary share on its 6.875% Series A preferred stock. Based on the October 28, 2026 closing price of $39.26, the company states the common dividend yield is approximately 4.1%.
Common dividend of $0.40 per share, payable November 27, 2026 to holders of record as of November 13, 2026
Common dividend is up $0.03, or 8.1%, from the third quarter of 2026 and the fourth quarter of 2025
Series A preferred dividend of $171.88 per share ($0.43 per depositary share), payable December 1, 2026 to holders of record as of November 16, 2026
Approximate dividend yield of 4.1% based on the $39.26 closing price on October 28, 2026
Atlantic Union Bankshares furnished an investor presentation under Regulation FD for meetings with investors and analysts in the fourth quarter of 2026. The deck reports Q3 2026 adjusted operating diluted EPS of $0.96, and several 2026 outlook items are described as at the low end of their ranges. For shareholders, the reported tangible book value per share fell from $20.77 to $20.36 in the quarter, mainly because of AOCI, while the company repurchased $62.5 million of common stock.
Q3 2026 adjusted operating diluted EPS of $0.96; adjusted operating ROTCE of 19.85% and ROA of 1.45%
2026 outlook: loans $29.0-30.0 billion and deposits $31.0-32.0 billion; net interest income, net interest margin, noninterest income and expense all described as low end of range
Reported tangible book value per share was $20.36 at September 30, 2026, down from $20.77 at June 30, 2026; $23.22 excluding AOCI
Q3 2026 dividend of 37 cents per share, up 8.8% from the third quarter of 2025; $62.5 million of common stock repurchased at an average price of $41.38
Atlantic Union Bankshares reported third-quarter 2026 net income available to common shareholders of $133.7 million, or $0.94 per diluted share, and adjusted diluted earnings of $0.96 per share. Net interest income rose $3.3 million from the prior quarter, while noninterest income fell $35.4 million because the prior quarter included a $32.3 million gain on the sale of an insurance equity stake. The filing does not state prior-quarter earnings per share, so the year-over-year profit change cannot be measured from it.
Net income available to common shareholders was $133.7 million; diluted EPS was $0.94 and adjusted diluted operating EPS was $0.96.
Net interest income was $328.4 million, up $3.3 million from the second quarter, while net interest margin fell 7 basis points to 3.82%.
The company issued $250.0 million of 2036 subordinated notes and redeemed $168.0 million of 2029 notes, recording a $2.7 million pre-tax debt extinguishment loss.
Nonperforming assets fell to 0.37% of total loans held for investment, and net charge-offs were 0.03% of average loans on an annualized basis.
Atlantic Union Bankshares completed an underwritten public offering of $250 million in 6.25% fixed-to-floating rate subordinated notes due August 1, 2036, on July 30, 2026. The notes are unsecured subordinated debt that pays 6.25% fixed until August 1, 2031, then a floating rate tied to SOFR plus 213 basis points.
Offering size: $250 million aggregate principal amount of 6.25% Fixed-to-Floating Rate Subordinated Notes due 2036
Fixed 6.25% coupon, paid semi-annually, from July 30, 2026 to August 1, 2031; floating rate of Three-Month Term SOFR plus 213 basis points thereafter, paid quarterly
Company may redeem at par plus accrued interest on or after August 1, 2031, or earlier under specified tax, regulatory capital or investment company events
Atlantic Union Bankshares agreed to sell $250 million of 6.25% fixed-to-floating rate subordinated notes due 2036 at 100% of principal, with closing expected on or about July 30, 2026. The company plans to use the proceeds to redeem $168.0 million of its 4.25% notes due 2029 and for general corporate purposes, including capital for Atlantic Union Bank.
Offering size: $250 million aggregate principal of 6.25% Fixed-to-Floating Rate Subordinated Notes due 2036, priced at 100.00% of principal
Underwriters' representatives: Keefe, Bruyette & Woods, Inc. and Piper Sandler & Co.
Closing expected on or about July 30, 2026, subject to customary conditions
Proceeds to repay $168.0 million of 4.25% notes due 2029 plus accrued interest; a conditional redemption notice has been delivered to those holders
Atlantic Union Bankshares reported second-quarter 2026 net income available to common shareholders of $158.0 million, or $1.11 per diluted share, up from $119.2 million ($0.84) in the first quarter and $16.8 million ($0.12) a year earlier. The result includes a $32.3 million pre-tax gain from selling its Bearing Insurance equity interest, and the company's adjusted diluted operating EPS was $0.94. Shareholders also face a newly authorized $250 million share repurchase program.
Q2 2026 net income available to common shareholders was $158.0 million, versus $119.2 million in Q1 2026 and $16.8 million in Q2 2025.
Diluted EPS was $1.11, compared with $0.84 in Q1 2026 and $0.12 in Q2 2025; adjusted diluted operating EPS was $0.94.
The Bearing Insurance sale, effective May 1, 2026, produced a $32.3 million pre-tax gain in the quarter.
The Board authorized repurchases of up to $250 million through May 5, 2027; $10.0 million was repurchased in Q2 and $240.0 million remains available.
Atlantic Union Bankshares reported first-quarter 2026 net income available to common shareholders of $119.2 million, or $0.84 per diluted share, up from $0.77 in the fourth quarter of 2025. Adjusted diluted operating EPS was $0.89, down from $0.97 in the prior quarter, while net interest income and noninterest income both fell from the fourth quarter, and management said it remains confident in its full-year 2026 targets.
Diluted EPS $0.84 vs $0.77 in Q4 2025 and $0.52 in Q1 2025; adjusted diluted operating EPS $0.89 vs $0.97 in Q4 2025
Net interest income $312.4 million, down $17.8 million from $330.2 million in Q4 2025, reflecting lower loan accretion income and Federal Reserve rate cuts
Noninterest expense fell to $209.8 million from $243.2 million, mainly due to a $29.6 million decrease in pre-tax merger-related costs
Nonperforming assets were 0.36% of total loans held for investment at March 31, 2026, down 6 basis points from the prior quarter
Atlantic Union Bankshares appointed Alexander D. Dodd, formerly a senior finance executive at TD Bank Group, as Executive Vice President and Chief Financial Officer effective April 13, 2026, succeeding Robert M. Gorman, who is retiring. Gorman will stay with the company through September 30, 2026 as an executive advisor and then serve as a non-employee consultant through September 30, 2027.
Alexander D. Dodd, 49, becomes CFO effective April 13, 2026, succeeding Robert M. Gorman
Dodd's employment agreement runs through December 31, 2027, with a base salary of $590,000 and a $500,000 sign-on cash bonus
Sign-on equity includes restricted stock with a market value of about $600,000 and performance stock units with a target value of about $300,000
Gorman remains employed through September 30, 2026, then serves as a consultant through September 30, 2027
Atlantic Union Bankshares reported fourth-quarter and full-year 2025 results, with Q4 net income available to common shareholders of $109.0 million, or $0.77 per diluted share, and adjusted diluted operating EPS of $0.97. Net interest income rose $11.0 million from the third quarter to $330.2 million, and the provision for credit losses fell to $2.2 million from $16.2 million, while merger-related costs of $38.6 million from the Sandy Spring acquisition continued to weigh on reported results.
Q4 2025 net income available to common shareholders $109.0 million; diluted EPS $0.77; adjusted diluted operating EPS $0.97
Full-year 2025 net income available to common shareholders $261.8 million; diluted EPS $2.03; adjusted diluted operating EPS $3.44
Q4 net interest income $330.2 million, up $11.0 million from Q3; net interest margin rose 13 basis points to 3.90%
Q4 merger-related costs $38.6 million; quarterly common dividend $0.37 per share, up $0.03 (8.8%)
Atlantic Union Bankshares reported third-quarter 2025 net income available to common shareholders of $89.2 million, or $0.63 per diluted share, and adjusted operating earnings of $119.7 million, or $0.84 per diluted share. Net interest income fell $2.2 million from the prior quarter, and net charge-offs rose to $38.6 million, mainly from two commercial and industrial loan charge-offs, though the provision for credit losses dropped to $16.2 million from $105.7 million. The results are the first full quarter reflecting the Sandy Spring Bancorp acquisition, and the company said merger-related costs continued to weigh on the quarter.
Net income available to common shareholders was $89.2 million, or $0.63 per share; adjusted operating earnings were $119.7 million, or $0.84 per diluted share.
Net interest income was $319.2 million, down $2.2 million from the second quarter of 2025, and noninterest income fell to $51.8 million from $81.5 million.
Net charge-offs were $38.6 million, or 0.56% of average loans on an annualized basis, compared with $666,000 in the prior quarter.
The company declared and paid a common dividend of $0.34 per share for the third quarter of 2025.
Atlantic Union Bankshares reported second-quarter 2025 net income available to common shareholders of $16.8 million, or $0.12 per share, and adjusted diluted operating earnings of $0.95 per share. The results include its April 1, 2025 acquisition of Sandy Spring Bancorp, which brought $78.9 million in merger-related costs and $100.9 million in Day 1 credit loss provision expense.
GAAP net income available to common shareholders was $16.8 million, or $0.12 basic and diluted per share, for Q2 2025.
Adjusted diluted operating earnings were $0.95 per share, excluding items such as $78.9 million in merger-related costs and $100.9 million in CECL Day 1 provision expense.
Net interest income rose $137.2 million to $321.4 million from the first quarter, mainly due to the Sandy Spring acquisition.
Nonperforming assets were 0.60% of total loans held for investment at June 30, 2025, up 22 basis points from the prior quarter.
Atlantic Union Bankshares said its executive vice president and chief financial officer, Robert M. Gorman, plans to retire. He will stay in the role until his successor is appointed or his retirement date, whichever is earlier, and will then serve in an advisory capacity. The company has started a nationwide search with an executive search firm, and the change in its top finance role is the key item for shareholders to track.
Gorman notified the company of his retirement plan on May 20, 2025.
Retirement is effective on the earlier of a successor's appointment or March 31, 2026.
Gorman has been chief financial officer since 2012.
After a successor is appointed, Gorman will continue in an advisory role to assist with the transition.
Atlantic Union Bankshares reported first-quarter 2025 net income available to common shareholders of $46.9 million, or $0.52 per diluted share, down from $0.60 in the fourth quarter of 2024 and $0.62 in the first quarter of 2024. The company also completed its $0.9 share-ratio merger with Sandy Spring Bancorp on April 1, 2025, which adds 53 branches and is not reflected in the reported quarter.
Diluted EPS was $0.52 versus $0.60 in Q4 2024 and $0.62 in Q1 2024; adjusted diluted operating EPS was $0.57.
Net interest income rose $916,000 to $184.2 million, while noninterest income fell $6.0 million to $29.2 million.
Noninterest expense rose $4.5 million to $134.2 million, and the provision for credit losses was $17.6 million.
Sandy Spring merger closed April 1, 2025, and the company received about $385.0 million in net proceeds from forward sale settlement.
Atlantic Union Bankshares completed its merger with Sandy Spring Bancorp on April 1, 2025, with Sandy Spring merging into Atlantic Union and Sandy Spring Bank merging into Atlantic Union Bank. Sandy Spring shareholders received 0.900 Atlantic Union shares for each share held; the company said the aggregate transaction value was approximately $1.3 billion, based on a March 31, 2025 closing price of $31.14. Sandy Spring stock will no longer trade on Nasdaq, and three Sandy Spring directors joined the Atlantic Union board.
Exchange ratio: 0.900 Atlantic Union shares per Sandy Spring share; approximately 42 million Atlantic Union shares issued in the merger
Aggregate transaction value approximately $1.3 billion, based on $31.14 closing price on March 31, 2025
Sandy Spring subordinated notes assumed: $175 million 4.25% notes due 2029 and $200 million 3.875% notes due 2032
New directors Daniel J. Schrider, Mona Abutaleb Stephenson and Mark C. Micklem; board size increased to 17
Atlantic Union Bankshares reported fourth-quarter 2024 net income available to common shareholders of $54.8 million, or $0.60 per diluted share, and full-year net income of $197.3 million, or $2.24 per diluted share. Quarterly results were weighed down by merger-related costs and a $13.1 million specific reserve on one impaired commercial loan, which raised the provision for credit losses to $17.5 million from $2.6 million in the prior quarter.
Q4 2024 net income available to common shareholders was $54.8 million; adjusted diluted operating EPS was $0.67
Provision for credit losses was $17.5 million in Q4 2024, versus $2.6 million in Q3 2024, driven by a $13.1 million specific reserve
Nonperforming assets rose to $58.4 million at December 31, 2024, from $37.3 million at September 30, 2024
Management will discuss results on a webcast and conference call at 9:00 a.m. Eastern Time on January 23, 2025
On October 21, 2024, Atlantic Union Bankshares entered into an underwriting agreement for a registered public offering of 9,859,155 common shares and a related forward sale agreement covering the same number of shares, both with Morgan Stanley & Co. LLC. The underwriters then exercised in full their 30-day option to buy 1,478,873 additional shares, and the company entered into an additional forward sale agreement for that number of shares. The filing does not state the offering price or the proceeds, so shareholders can see the share count but not the financial terms in this filing.
Underwriting agreement dated October 21, 2024 covers 9,859,155 common shares, par value $1.33 per share.
Forward sale agreement with Morgan Stanley & Co. LLC covers 9,859,155 shares.
On October 21, 2024, underwriters exercised in full their 30-day option for 1,478,873 additional shares, with an Additional Forward Sale Agreement for the same number.
The filing does not disclose the offering price or proceeds.
Atlantic Union Bankshares agreed on October 21, 2024 to acquire Sandy Spring Bancorp in an all-stock transaction valued at about $1.6 billion, creating a combined company with pro forma total assets of $39.2 billion. The deal requires approval by Atlantic Union shareholders and Sandy Spring stockholders, plus regulatory approvals, and the companies expect to close by the end of the third quarter of 2025.
Each Sandy Spring share converts into 0.900 Atlantic Union shares, valuing it at about $34.93 per share based on Atlantic Union's October 18, 2024 closing price.
Sandy Spring had $14.4 billion in assets and $11.7 billion in total deposits as of September 30, 2024.
A termination fee of $56.0 million is payable by either party in certain circumstances.
Expected closing is by the end of the third quarter of 2025; Sandy Spring chair and CEO Daniel J. Schrider will join the Atlantic Union board.
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