Articles from Atlantic Union Bankshares Corporation

Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSEAUB) and Sandy Spring Bancorp, Inc. (“Sandy Spring”) NASDAQ: SASRNASDAQSASR)

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release fourth quarter and full year 2024 financial results before the market opens on Thursday, January 23, 2025.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.34 per share of common stock, which is a $0.02, or approximately 6%, increase from the third quarter of 2024 and an approximately 6% increase from the dividend in the fourth quarter of 2023. Based on the Company’s common stock closing price of $37.10 on October 24, 2024, the dividend yield is approximately 3.7%. The common stock dividend is payable on November 22, 2024 to common shareholders of record as of November 8, 2024.

Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSEAUB) and Sandy Spring Bancorp (“Sandy Spring”) (Nasdaq: SASR) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an all-stock transaction valued at approximately $1.6 billion. Combining the two organizations will create the largest regional bank headquartered in the lower Mid-Atlantic, and significantly enhance the combined company’s presence in Northern Virginia and Maryland.

Atlantic Union Bankshares Corporation (NYSEAUB) (“Atlantic Union”) announced today that it priced an underwritten public offering of 9,859,155 shares of its common stock at a price of $35.50 per share (before underwriting discounts and commissions), for an aggregate offering amount of $350.0 million. The approximate net proceeds of the offering will be $336.0 million (before offering expenses, assuming the underwriters do not exercise their option to purchase additional shares and assuming full physical settlement of the forward sale agreement) in connection with the forward sale agreement described below.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $73.4 million and basic and diluted earnings per common share of $0.82 for the third quarter of 2024 and adjusted operating earnings available to common shareholders(1) of $74.5 million and adjusted diluted operating earnings per common share(1) of $0.83 for the third quarter of 2024.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release third quarter 2024 financial results before the market opens on Tuesday, October 22, 2024.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.32 per share of common stock, which is the same as the second quarter of 2024 and an approximately 7% increase from the dividend in the third quarter of 2023. Based on the Company’s common stock closing price of $40.36 on July 25, 2024, the dividend yield is approximately 3.2%. The common stock dividend is payable on August 23, 2024 to common shareholders of record as of August 9, 2024.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $22.2 million and basic and diluted earnings per common share of $0.25 for the second quarter of 2024 and adjusted operating earnings available to common shareholders(1) of $56.4 million and adjusted diluted operating earnings per common share(1) of $0.63 for the second quarter of 2024.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release second quarter 2024 financial results before the market opens on Thursday, July 25, 2024.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.32 per share of common stock, which is the same as the first quarter of 2024 and an approximately 7% increase from the dividend in the second quarter of 2023. Based on the Company’s common stock closing price of $33.63 on May 6, 2024, the dividend yield is approximately 3.8%. The common stock dividend is payable on June 7, 2024 to common shareholders of record as of May 24, 2024.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $46.8 million and basic and diluted earnings per common share of $0.62 for the first quarter of 2024 and adjusted operating earnings available to common shareholders(1) of $49.0 million and adjusted diluted operating earnings per common share(1) of $0.65 for the first quarter of 2024.

Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April 1, 2024. This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release first quarter 2024 financial results before the market opens on Tuesday, April 23, 2024.

Atlantic Union Bankshares Corporation announced today that it has received regulatory approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) to complete the previously announced merger of American National Bankshares Inc. (“American National”) with and into Atlantic Union Bankshares in an all-stock transaction. The Federal Reserve approval follows approvals from the Virginia State Corporation Commission and the shareholders of American National.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.32 per share of common stock, which is the same as the fourth quarter of 2023 and an approximately 7% increase from the dividend in the first quarter of 2023. Based on the Company’s common stock closing price of $35.22 on January 25, 2024, the dividend yield is approximately 3.6%. The common stock dividend is payable on February 23, 2024 to common shareholders of record as of February 9, 2024.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $53.9 million and basic and diluted earnings per common share of $0.72 for the fourth quarter of 2023 and adjusted operating earnings available to common shareholders(1) of $58.9 million and adjusted diluted operating earnings per common share(1) of $0.78 for the fourth quarter of 2023.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release fourth quarter and full year 2023 financial results before the market opens on Tuesday, January 23, 2024.

Atlantic Union Bankshares Corporation (the “Company”) (NYSEAUB) announced today that its Board of Directors (the “Board”) has appointed three new members—Paul Engola, Donald R. Kimble and Michele A. O’Hara—effective immediately.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.32 per share of common stock, which is an approximately 7% increase from the dividend in the third quarter of 2023 and the fourth quarter of 2022. Based on the Company’s common stock closing price of $27.74 on October 25, 2023, the dividend yield is approximately 4.6%. The common stock dividend is payable on November 24, 2023 to common shareholders of record as of November 10, 2023.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $51.1 million and basic and diluted earnings per common share of $0.68 for the third quarter of 2023 and adjusted operating earnings available to common shareholders(1) of $59.8 million and adjusted diluted operating earnings per common share(1) of $0.80 for the third quarter of 2023.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release third quarter 2023 financial results before the market opens on Thursday, October 19, 2023.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.30 per share of common stock, which is the same as the second quarter of 2023 and the third quarter of 2022. Based on the Company’s common stock closing price of $31.39 on July 26, 2023, the dividend yield is approximately 3.8%. The common stock dividend is payable on August 25, 2023 to common shareholders of record as of August 11, 2023.

Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSEAUB) and American National Bankshares Inc. (“American National”) (Nasdaq: AMNB) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock transaction. Combining the two organizations will strengthen Atlantic Union, the largest regional bank headquartered in Virginia, by deepening its presence in Southwest and Southside Virginia.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $52.3 million and basic and diluted earnings per common share of $0.70 for the second quarter of 2023 and adjusted operating earnings available to common shareholders(1) of $55.4 million and adjusted diluted operating earnings per common share(1) of $0.74 for the second quarter of 2023.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release second quarter 2023 financial results before the market opens on Tuesday, July 25, 2023.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.30 per share of common stock, which is the same as the first quarter of 2023 and a $0.02, or 7.1%, increase from the second quarter of 2022. Based on the Company’s common stock closing price of $27.03 on May 1, 2023, the dividend yield is approximately 4.4%. The common stock dividend is payable on June 2, 2023 to common shareholders of record as of May 19, 2023.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders of $32.7 million and basic and diluted earnings per common share of $0.44 for the first quarter of 2023.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release first quarter 2023 financial results before the market opens on Tuesday, April 25, 2023.

The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has declared a quarterly dividend of $0.30 per share of common stock, which is the same as the fourth quarter of 2022 and a $0.02, or 7.1%, increase from the first quarter of 2022. Based on the Company’s common stock closing price of $38.04 on January 26, 2023, the dividend yield is approximately 3.2%. The common stock dividend is payable on February 24, 2023 to common shareholders of record as of February 10, 2023.

Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSEAUB) reported net income available to common shareholders and adjusted operating earnings available to common shareholders(1) of $67.6 million and basic and diluted earnings per common share of $0.90 for the fourth quarter ended December 31, 2022. Pre-tax pre-provision adjusted operating earnings available to common shareholders(1) totaled $85.6 million for the fourth quarter ended December 31, 2022.

Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release fourth quarter and fiscal year 2022 financial results before the market opens on Tuesday, January 24, 2023.