Atlantic Union Bankshares (AUB) Investor presentation summary

Company overview and market position

• Operates as the largest regional bank headquartered in the Lower Mid-Atlantic, with $37.3B in assets, $27.3B in loans, and $31.0B in deposits as of June 30, 2025.

• Maintains 183 branches across Virginia, Maryland, and North Carolina, with a dense presence in attractive markets.

• Holds the #1 regional market share in the Mid-Atlantic, Maryland, and Virginia among banks with less than $100B in assets.

• Focuses on soundness, profitability, and growth, with a strong shareholder value proposition and peer-leading performance.

Strategic priorities and growth initiatives

• Pursues organic growth by targeting wholesale banking, fee income, and low-cost deposits while maximizing operating leverage.

• Invests in technology, automation, and FinTech partnerships to modernize operations and enhance customer experience.

• Maintains a disciplined acquisition strategy, recently completing the Sandy Spring acquisition and planning further expansion in North Carolina.

• Plans to open 10 new branches in North Carolina over the next three years, focusing on Raleigh and Wilmington.

Financial performance and outlook

• Achieved a 16% CAGR in loans, deposits, and assets from 2020 to June 2025.

• Q2 2025 adjusted operating return on tangible common equity was 23.8%, with an adjusted operating ROA of 1.46%.

• Maintains a loan/deposit ratio of 88.2% and a cost of deposits at 2.20% in Q2 2025.

• 2025 financial outlook projects $28.0–$28.5B in loans, $31.0–$31.5B in deposits, and net interest income of $1.15–$1.20B.

• Remains on track for a 27% cost-savings target from the Sandy Spring acquisition.