Atlantic Union Bankshares Corporation (AUB) Earnings Call Transcripts

Atlantic Union Bankshares Corporation's Latest Earnings Call - June 10, 2026

In the second quarter of 2026, Atlantic Union Bankshares Corporation (AUB) reported solid performance driven by strong loan growth and successful integration of the Sandy Spring acquisition. Revenue for the quarter reached $150 million, with net income of $40 million, reflecting a year-over-year increase of 10%. Management reiterated guidance for mid-single-digit loan growth for the full year, signaling confidence in their strategic initiatives despite a competitive deposit environment.

Reported metrics

Guidance from management

Management reiterated guidance for mid-single-digit loan growth for the full year and expects to achieve an efficiency ratio of 48% by 2026. They also maintain a CET1 ratio target of 10% to 10.5%.

What management said

Yes. I think Alex thinks a good point, which is we saw very aggressive cuts by large competing banks in Q4 on the heels of the Fed's 3 rate cuts -- and earlier this quarter, I think as the sentiment shifted that this was not the beginning of a series of rate cuts we saw backing up. So in other words, we saw some movement upward as if the banks had perhaps overcorrected and we certainly were aggressive in the move dow...

Brian, we feel quite confident in credit. We're not seeing any evidence of any material problems or any sort of inflection in the overall credit outlook. We will reiterate our guidance for 10 to 15 basis points of net charge-offs for the year. Having said that, we have no current line of sight to actually achieving 10 to 15 basis points. I don't see anything at this point that would actually take us to that level. Th...

What analysts pressed on

Analysts expressed concerns over the competitive deposit environment and its potential impact on margins. There were also questions regarding the pace of capital returns and how it aligns with loan growth expectations.

Main topics on the call

• Loan Growth and Pipeline Strength — Management reiterated guidance for mid-single-digit loan growth for the full year, stating, "We certainly have the pipeline to support it. Momentum has been good, quarter-to-date in Q2." This reflects a strong production...
• Sandy Spring Acquisition Integration — The integration of Sandy Spring is progressing well, with John Asbury noting, "The systems conversion occurred in October and went very smoothly." This successful integration is expected to enhance capabilities and drive...
• Competitive Deposit Environment — Management highlighted the competitive nature of the deposit market, stating, "It's a very competitive market out there." This competitive pricing environment may pressure margins but is being managed effectively.
• Credit Quality Outlook — The bank maintains a strong credit quality outlook, with John Asbury asserting, "We feel quite confident in credit." The guidance for net charge-offs remains at 10 to 15 basis points, indicating stability in the credit p...

Read the full Atlantic Union Bankshares Corporation transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 52 Atlantic Union Bankshares Corporation earnings call transcripts on record, spanning January 21, 2020 to July 21, 2026. Based on this history, Atlantic Union Bankshares Corporation reports quarterly. The most recent call on file is dated July 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AUB

Exchange

NYSE

Country

US

Sector

Financials

Industry

Banks

Calls on record

52

First call

January 21, 2020

Most recent

July 21, 2026

Reporting cadence

quarterly