Atlantic Union Bankshares Corp (NASDAQ: AUB) is a Virginia-based bank holding company that operates through its principal subsidiary, Atlantic Union Bank, providing commercial and retail banking services. The company makes money primarily through net interest income earned on loans and deposits, supplemented by noninterest income from fee-based banking services. The 10-K filed 2026-02-26 references the acquisition of Sandy Spring and prior acquisition of American National, indicating an expansion-through-acquisition strategy across Virginia and into North Carolina. The filing also notes a strategic expansion into North Carolina, suggesting a multi-state Mid-Atlantic and Southeast regional footprint. Atlantic Union Bank serves consumer, commercial, and real estate borrowers, with commercial real estate noted as a distinct portfolio segment. The company is a well-known seasoned issuer under SEC rules as of the filing date.

Revenue model

Net interest income from loans and deposits, supplemented by noninterest fee income from banking services. Specific revenue figures and segment breakdowns are not supported by the available filing excerpts.

Products and services

Commercial banking, retail banking, deposit accounts, loan origination including commercial real estate lending. Specific product names or additional service lines are not detailed in the available filing excerpts.

Customers and end markets

Consumer and commercial banking customers in Virginia, with strategic expansion into North Carolina as of the filing date. Commercial real estate borrowers are identified as a distinct customer segment.

Value-chain role

Regional bank holding company and deposit-taking lending institution, intermediating between depositors and borrowers.

Geographic exposure

Virginia (primary market), North Carolina (strategic expansion noted in 10-K filed 2026-02-26). Broader geographic detail is not supported by the available filing excerpts.

Source: SEC 10-K, filed 2026-02-26

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