---
schema_version: "secwatch.filing_event.v1"
accession: "0000883948-24-000040"
form_type: "8-K"
ticker: "AUB"
cik: "0000883948"
company_name: "Atlantic Union Bankshares Corp"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T13:14:12.702097+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Atlantic Union Q1 net income $46.8M ($0.62 EPS); merger with American National closed April 1

## Summary
- First quarter 2024 diluted EPS of $0.62; adjusted diluted EPS of $0.65.
- Net interest margin (FTE) decreased 15 bps to 3.19% due to higher deposit costs and mix shift.
- Loans held for investment grew 5.6% annualized to $15.9B; total deposits up 11% annualized to $17.3B.
- Completed merger with American National on April 1, 2024; each AMNB share exchanged for 1.35 AUB shares; added 26 branches in VA and NC.
- Credit stable: NPAs 0.23% of loans; net charge-offs 0.13% annualized; ACL $151.8M.

## SEC filing metadata
- accession: 0000883948-24-000040
- form_type: 8-K
- ticker: AUB
- cik: 0000883948
- company_name: Atlantic Union Bankshares Corp
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883948/000088394824000040/0000883948-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883948/000088394824000040/aub-20240423x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000883948-24-000040
- JSON: https://secwatch.observer/filing/0000883948-24-000040.json
- Plain text: https://secwatch.observer/filing/0000883948-24-000040.txt

## Key facts
- Earnings Releases
  Atlantic Union Bankshares Corp reported the first quarter of 2024 results: net income net income available to common shareholders of $46.8 million, EPS basic and diluted earnings per common share of $0.62.
  - Period: the first quarter of 2024
  - Net income: net income available to common shareholders of $46.8 million
  - EPS: basic and diluted earnings per common share of $0.62
  - Result: reported results
  source text: Atlantic Union Bankshares Corporation (the "Company") issued a press release announcing its financial results for the first quarter 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883948/000088394824000040/0000883948-24-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.