Here are 1-3 brief analogies for Atlantic Union Bankshares (AUB):

• A smaller, regional Bank of America
• Like PNC Bank, but focused on Virginia, Maryland, and North Carolina

• Deposit Products: The company offers various accounts including checking, savings, NOW, time deposit, money market accounts, and certificates of deposit.
• Loan Products: They provide loans for commercial, industrial, residential mortgage, and consumer purposes, also originating and selling residential loans in the secondary market.
• Digital Banking & Payment Services: This category includes credit cards, automated teller machine (ATM) services, mobile and internet banking, and online bill payment services.
• Wealth Management & Investment Services: The company offers financial planning, trust services, wealth management, securities, brokerage, and investment advisory products and services.

1. Individual Consumers: This category includes everyday individuals and families who utilize the bank for their personal financial needs. Services for these customers include checking, savings, and money market accounts, credit cards, consumer loans, residential mortgages, mobile and internet banking, and personal financial planning.
2. Commercial and Industrial Businesses: This category encompasses a wide range of businesses, from small local enterprises to larger corporations operating within Atlantic Union Bankshares' service areas. These customers use the bank for commercial checking and savings accounts, commercial and industrial loans, lines of credit, treasury management services, and business credit cards.
3. Wealth Management and Trust Clients: This group comprises high-net-worth individuals, families, and potentially some institutional clients who seek specialized financial services. These include financial planning, trust services, investment advisory, and brokerage products.

John C. Asbury, President & CEO

John C. Asbury has served as President and Chief Executive Officer of Atlantic Union Bankshares Corporation since January 2017, and President of the company since October 2016. He also holds the role of Chief Executive Officer of Atlantic Union Bank, a position he has held since October 2016. Prior to joining Atlantic Union, he was President and CEO of the privately-held First National Bank of Santa Fe, which operated in New Mexico and Colorado. His career also includes serving as Senior Executive Vice President and Head of the Business Services Group at Regions Financial Corporation, and 17 years at Bank of America, where he was the Pacific Northwest Region Executive for Business Banking. Mr. Asbury began his banking career in the management training program at Wachovia Bank & Trust. He earned a B.S. in Business from Virginia Tech and an MBA from The College of William & Mary.

Alexander D. Dodd, Chief Financial Officer

Alexander D. Dodd will assume the role of Chief Financial Officer of Atlantic Union Bankshares Corporation, effective April 13, 2026. He succeeds Robert M. Gorman, who is retiring and will serve as an executive advisor during the transition period until September 30, 2026. Mr. Dodd brings over 20 years of enterprise finance leadership experience from U.S. and Canadian banking, joining Atlantic Union from TD Bank Group. At TD Bank Group, he held various senior finance management roles for nearly two decades, including Deputy CFO, Executive Vice President, and interim CFO for TD Bank's U.S. operations. His experience also includes managing several line of business CFO roles and leading Financial Planning and Analysis and Corporate Strategy. He began his banking career at MBNA and later worked at TD Banknorth before its merger with Commerce Bank. Mr. Dodd is a graduate of the United States Coast Guard Academy and holds an MBA from Loyola University Maryland. He is also a Chartered Financial Analyst (CFA).

Robert M. Gorman, Executive Advisor

Robert M. Gorman, who previously served as Executive Vice President and Chief Financial Officer of Atlantic Union Bankshares Corporation since July 2012, is transitioning to an executive advisor role through September 30, 2026, as he retires. He played a significant role in the company's growth, helping to transform it from a $4 billion asset community bank in 2012 to a nearly $40 billion regional banking leader. Before joining Atlantic Union, Mr. Gorman held positions at SunTrust Banks, Inc. as Senior Vice President & Strategic Financial Officer and Senior Vice President & Director of Corporate Support Services. He also has experience from roles at FleetBoston Financial and Liberty Mutual Insurance Group.

Maria P. Tedesco, Executive Vice President of the Company and President & Chief Operating Officer of Atlantic Union Bank

Maria P. Tedesco is Executive Vice President of Atlantic Union Bankshares Corporation and President and Chief Operating Officer of Atlantic Union Bank, a role she has held as Bank President since September 2018 and COO since January 2022. Her extensive banking career spans over 30 years, during which she has led revenue-generating lines of business including consumer and commercial banking, wealth management, and treasury management. Before joining Atlantic Union, Ms. Tedesco was Chief Operating Officer for U.S. Retail and Business Banking at BMO Harris Bank. She also held senior executive roles at Santander Bank and Citizens Financial Group. Ms. Tedesco began her banking journey in a marketing role at BayBank Harvard Trust. She holds a Bachelor of Science in Finance and Accounting from Ithaca College and an MBA from Northeastern University.

Bradley S. Haun, Executive Vice President & Chief Risk Officer

Bradley S. Haun serves as Executive Vice President and Chief Risk Officer of Atlantic Union Bankshares Corporation and Atlantic Union Bank, having been appointed to the role in 2025. He joined Atlantic Union in 2011 and has held various leadership positions within the company, including executive vice president and chief audit executive since 2021. His career at Atlantic Union also includes roles as director of financial reporting and accounting policy, and corporate controller. Mr. Haun began his career at Cherry Bekaert in their audit practice. He is an alumnus of Virginia Tech.

The key risks to Atlantic Union Bankshares (AUB) primarily stem from its strategic growth initiatives, its regional operational focus, and the competitive landscape of the financial industry.

1. Integration Risk from Acquisitions: Atlantic Union Bankshares has pursued strategic acquisitions, including American National in 2024 and Sandy Spring Bancorp, Inc. in 2025. The successful integration of these acquired entities, particularly the core system conversion for Sandy Spring slated for October 2025, is critical. Any difficulties in this process could delay the realization of expected cost synergies, create a drag on earnings, and potentially elevate credit risk.
2. Geographic Concentration and Economic Downturn Vulnerability: The company's operations are concentrated in the Mid-Atlantic region, making it susceptible to local economic downturns. This regional focus, particularly its reliance on real estate markets and general economic conditions in its primary markets, means a faltering local economy could materially and adversely affect its business.
3. Intense Competition and Funding/Interest Rate Risks: Atlantic Union Bankshares faces significant competition from community, regional, national, and internet banks, as well as credit unions and non-bank financial service providers. This intense competition, coupled with potential rising interest rates, could increase funding costs for the bank and negatively impact its net interest margin and net interest income.

The rise of digital-first banks (neobanks) and specialized financial technology (fintech) companies presents a clear emerging threat. These entities leverage technology to offer banking services, loans, and other financial products with lower overhead costs, often resulting in more competitive rates, reduced fees, and a superior digital user experience. This model directly challenges Atlantic Union Bankshares' traditional branch-based infrastructure and hybrid digital offerings, potentially eroding its customer base and market share in deposits, consumer loans, and commercial lending by attracting customers seeking fully digital, streamlined, and cost-effective financial solutions.

Here are the addressable market sizes for Atlantic Union Bankshares' main products and services in its operating regions:

Virginia

• Deposit Products: The total deposits in all banks in Virginia were approximately $296 billion as of Q4 2024.
• Commercial, Industrial, and Consumer Loans: The Commercial Banking industry in Virginia, which includes consumer, commercial, and industrial loans, has a market size of approximately $24.4 billion in 2026.
• Residential Mortgage Loans: New home loans booked in Virginia amounted to approximately $35.2 billion in 2024.
• Financial Planning, Trust, and Wealth Management Services: The Portfolio Management & Investment Advice industry in Virginia has a market size of approximately $5.7 billion in 2026.

Maryland

• Deposit Products: The total deposits in all banks in Maryland were approximately $195 billion as of Q4 2024. [cite: 16 in previous turn]
• Commercial, Industrial, and Consumer Loans: The Commercial Banking industry in Maryland, which includes consumer, commercial, and industrial loans, has a market size of approximately $13.7 billion in 2026. [cite: 11 in previous turn]
• Residential Mortgage Loans: New home loans booked in Maryland amounted to approximately $23.2 billion in 2024. [cite: 16 in previous turn]
• Financial Planning, Trust, and Wealth Management Services: null

North Carolina

• Deposit Products: The total deposits in all banks in North Carolina were approximately $693 billion as of Q4 2024. [cite: 12 in previous turn]
• Commercial, Industrial, and Consumer Loans: The Commercial Banking industry in North Carolina, which includes consumer, commercial, and industrial loans, has a market size of approximately $68.0 billion in 2026. [cite: 46 in previous turn]
• Residential Mortgage Loans: New home loans booked in North Carolina amounted to approximately $37.2 billion in 2024. [cite: 12 in previous turn]
• Financial Planning, Trust, and Wealth Management Services: The Portfolio Management & Investment Advice industry in North Carolina has a market size of approximately $4.9 billion in 2026.

Atlantic Union Bankshares (symbol: AUB) is expected to drive future revenue growth over the next two to three years through several key strategies:

1. Strategic Acquisitions and Geographic Expansion: The company has actively pursued mergers and acquisitions, such as the completed acquisition of American National Bankshares Inc., which added 26 branches and expanded its footprint in Virginia and North Carolina. More recently, the successful integration of Sandy Spring Bancorp was noted as materially increasing both loan and deposit bases and contributing to Atlantic Union's transformation into the largest regional bank headquartered in the lower Mid-Atlantic, with operations extending into Maryland and an expanding presence in North Carolina. This strategic expansion is expected to bring in new customers, loans, and deposits, thereby increasing the bank's market share and revenue.
2. Growth in Loan Portfolios: Atlantic Union Bankshares anticipates continued growth in its loan portfolios, particularly in commercial real estate, commercial and industrial, and multifamily real estate loans. This is supported by expectations of enhanced loan growth for 2026 and a near-term focus on loan growth, as indicated in analyst reports and company statements. Organic loan growth has also been a contributing factor alongside acquired loans. Increased loan balances directly translate to higher interest income, a primary component of the bank's revenue.
3. Net Interest Margin (NIM) Optimization: The company projects an expansion of its net interest margin, which is the difference between interest income generated and interest paid out. This optimization is expected to be driven by a combination of factors, including managing funding costs (such as lower deposit costs), increasing earning asset yields through new loan production and repricing of existing loans, and realizing significant accretion income from acquired loan portfolios. Analysts forecast NIM to expand to between 3.90% and 4.00% in 2026, supported by this accretion income.

Share Repurchases

• Atlantic Union Bankshares suspended its share repurchase program on March 20, 2020. At the time of suspension, $20 million remained of a $150 million authorization, which was set to expire on June 30, 2021.
• In 2021, the company repurchased approximately 3.4 million shares for around $125 million.
• During the first quarter of 2022, approximately 630,000 shares were repurchased for about $25 million.

Share Issuance

• Atlantic Union Bankshares has issued common stock and Series A Perpetual Non-Cumulative Preferred Stock.
• The acquisition of Sandy Spring Bancorp, Inc. by Atlantic Union Bankshares, completed on April 1, 2025, was an all-stock transaction. Each outstanding share of Sandy Spring common stock was converted into the right to receive 0.900 shares of Atlantic Union common stock.

Outbound Investments

• Atlantic Union Bankshares entered into a definitive agreement to acquire Sandy Spring Bancorp, Inc. in an all-stock transaction valued at approximately $1.6 billion as of October 21, 2024.
• The acquisition of Sandy Spring Bancorp, Inc. was completed on April 1, 2025. The aggregate transaction value was approximately $1.3 billion based on Atlantic Union's closing stock price on March 31, 2025.
• This acquisition was intended to strengthen Atlantic Union's presence in Virginia and Maryland, creating the largest regional banking franchise headquartered in the lower Mid-Atlantic.

Capital Expenditures

• While the company has made additional investments in technology, particularly related to the integration of the Sandy Spring acquisition, explicit dollar values for traditional capital expenditures are not readily available in the provided information for the last 3-5 years.