---
title: "Atlantic Union Bankshares | 10-Q: FY2026 Q1 Revenue: USD 526.52 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285264805.md"
datetime: "2026-05-05T20:44:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285264805.md)
  - [en](https://longbridge.com/en/news/285264805.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285264805.md)
---

# Atlantic Union Bankshares | 10-Q: FY2026 Q1 Revenue: USD 526.52 M

Revenue: As of FY2026 Q1, the actual value is USD 526.52 M.

EPS: As of FY2026 Q1, the actual value is USD 0.84, missing the estimate of USD 0.8714.

EBIT: As of FY2026 Q1, the actual value is USD -157.76 M.

#### Segmented Goodwill and Intangible Assets

**Goodwill** **Wholesale Banking:** $1,281,726 thousand as of March 31, 2026, and $1,254,979 thousand as of December 31, 2025. **Consumer Banking:** $473,149 thousand as of March 31, 2026, and $478,308 thousand as of December 31, 2025. During the first quarter of 2026, goodwill was reallocated due to measurement period adjustments from the Sandy Spring acquisition, resulting in a $26.7 million increase in Wholesale Banking and a $5.2 million decrease in Consumer Banking.

**Intangible Assets** **Wholesale Banking:** $49,719 thousand as of March 31, 2026, and $50,916 thousand as of December 31, 2025. **Consumer Banking:** $598 thousand as of March 31, 2026, and $621 thousand as of December 31, 2025. **Corporate Other:** $249,782 thousand as of March 31, 2026, and $264,007 thousand as of December 31, 2025.

#### Allowance for Loan and Lease Losses (ALLL) Activity by Loan Segment

**For the three months ended March 31, 2026 (New Methodology effective January 1, 2026):** **CRE Segment:** Balance at beginning of period: $152,477 thousand. Loans charged-off: $0 thousand. Recoveries credited to allowance: $367 thousand. Provision charged to operations: $19,056 thousand. Balance at end of period: $171,900 thousand. **Commercial and Industrial Segment:** Balance at beginning of period: $80,336 thousand. Loans charged-off: - $2,198 thousand. Recoveries credited to allowance: $542 thousand. Provision charged to operations: - $19,983 thousand. Balance at end of period: $58,697 thousand. **Consumer Segment:** Balance at beginning of period: $62,295 thousand. Loans charged-off: - $703 thousand. Recoveries credited to allowance: $398 thousand. Provision charged to operations: - $1,487 thousand. Balance at end of period: $60,503 thousand. **Total ALLL:** Balance at beginning of period: $295,108 thousand. Loans charged-off: - $2,901 thousand. Recoveries credited to allowance: $1,307 thousand. Provision charged to operations: - $2,414 thousand. Balance at end of period: $291,100 thousand.

**For the three months ended March 31, 2025 (Previous Methodology):** **Commercial Segment:** Balance at beginning of period: $148,887 thousand. Loans charged-off: - $1,847 thousand. Recoveries credited to allowance: $230 thousand. Provision charged to operations: $15,638 thousand. Balance at end of period: $162,908 thousand. **Consumer Segment:** Balance at beginning of period: $29,757 thousand. Loans charged-off: - $1,038 thousand. Recoveries credited to allowance: $377 thousand. Provision charged to operations: $1,792 thousand. Balance at end of period: $30,888 thousand. **Total ALLL:** Balance at beginning of period: $178,644 thousand. Loans charged-off: - $2,885 thousand. Recoveries credited to allowance: $607 thousand. Provision charged to operations: $17,430 thousand. Balance at end of period: $193,796 thousand.

#### Future Outlook and Strategy

Atlantic Union Bankshares Corporation completed the acquisition of Sandy Spring on April 1, 2025, expanding its presence with over 50 branches in Virginia, Maryland, and Washington, D.C. Effective January 1, 2026, the company updated its allowance methodology and reorganized its loan portfolio segments to enhance credit modeling and monitoring of expected credit losses. These changes did not materially impact the consolidated financial statements of Atlantic Union Bankshares Corporation.

### Related Stocks

- [AUB.US](https://longbridge.com/en/quote/AUB.US.md)

## Related News & Research

- [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md)
- [10:58 ETFHLB Cincinnati Releases 2025 Impact Report](https://longbridge.com/en/news/286790813.md)
- [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md)
- [STAK Inc. Announces First Half of Fiscal Year 2026 Financial Results | STAK Stock News](https://longbridge.com/en/news/286309172.md)
- [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md)