First Quarter 2024 Earnings Conference Call

April 23, 2024 - 9:00 am ET

Latest Financial Results

FY 2023

Fiscal Year Ended Dec 31, 2023

$0.72

earnings per common share, diluted

$0.78

adjusted operating earnings per common share

16.72%

Return on Tangible Common Equity

18.20%

Adjusted operating Return on Tangible Common Equity

1.08%

Return on Assets

1.18%

Adjusted operating Return on Assets

58.82%

Efficiency Ratio

52.97%

Adjusted operating Efficiency Ratio

For complete information regarding our financials, see our periodic filings.

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2023

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Creating Long-term Value for Customers and Shareholders

Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (NYSE: AUB) is the holding company for Atlantic Union Bank. Atlantic Union Bank has 109 branches and approximately 130 ATMs located throughout Virginia, and in portions of Maryland and North Carolina. Certain non-bank financial services affiliates of Atlantic Union Bank include: Atlantic Union Equipment Finance, Inc., which provides equipment financing; Atlantic Union Financial Consultants, LLC, which provides brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products.

Atlantic Union Bankshares at a Glance

~$21.2B

In assets.

$15.6B

In loans held for investment, net of deferred fees and costs.

$16.8B

In total deposits.

As of December 31, 2023 • 10-K 2023

For complete information regarding our financials, see our periodic filings.

A Strengthening Portfolio and Balance Sheet in FY2022

With a total of $20.5B in assets, loans, and deposits in 2022, Atlantic Union Bankshares continues to expand its portfolio. Over the last five years, there has been significant year-over-year growth as well.

Balance Sheet Composition

Year-Over-Year Balance Sheet Trends

(in millions)

As of December 31, 2023 • 10-K 2023.
For complete information regarding our financials, see our periodic filings.

Community-based, Community-focused

Atlantic Union Bankshares has been part of Virginia’s community for over a century, and we support inclusion, diversity, and equity in all that we do. We support the people and the world around us.

Learn About Our ESG Efforts

Banking on Atlantic Union Bankshares’ Businesses

Personal Banking

As a financial institution, we don’t want to be the typical bankers you hear about but instead, want to create relationships with our customers to support them in their financial journeys. Atlantic Union Bank is our solution to being the hometown bank everyone depends on.

Learn More

Business Banking

Atlantic Union Bank provides every business, big or small, with a customized banking experience through our Relationship Managers. Our goal is to help each business owner start, grow, protect, and manage their business’ financial needs.

Learn More

Commercial Banking

Our commercial banking gives you access to capital, helps you identify cash flow, and specializes in different industries to strengthen your financial gain. We offer multiple options to help you protect and maneuver your money, now and for the future.

Learn More

Wealth Management

We want to help you take your finances to the next level with our complete suite of wealth management opportunities that help prioritize your goals and personalize your strategies for complete financial peace of mind.

Learn More

IR Contacts

Corporate Office

Atlantic Union Bankshares Corporation
4300 Cox Road
Glen Allen, VA 23060
T: 804-633-5031

Investor Relations

Atlantic Union Bankshares
Bill Cimino
T: (804) 633-5031
investor.relations@atlanticunionbank.com

Transfer Agent

Computershare
T: 781-575-4223
https://www.computershare.com