Atlantic Union Bankshares Corp company info

CIK 883948
IRS Number 540412820
State of incorporation VA
Business address 1051 EAST CARY STREET
SUITE 1200
Mail address 1051 EAST CARY STREET
SUITE 1200

Short summary

Atlantic Union Bankshares Corp is a Virginia company, with head office located at 1051 East Cary Street Richmond, Virginia 23219. The company achieved a record breaking net income last year - 146.25 million USD. This is 100.55% higher than one reported in 2017. In 2018 the company owned a total of 16.90 billion USD worth of assets. The company amassed the most assets last year, totalling up to 16.90 billion USD.

Atlantic Union Bankshares Corp Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Interest expense 48.7738.2532.7127.5120.5019.9324.9429.7750.04102.10
Income Tax Expense (Benefit) 0.898.5811.2614.3312.5118.1323.3126.7833.3930.02
Net income 30.4535.4134.3752.5967.0877.4872.92146.25

Atlantic Union Bankshares Corp Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 148.54135.7363.2372.3871.55158.88136.83217.03181.91578.05283.59
Available-for-sale Securities, Current 0
Property, Plant and Equipment, Gross 138.60136.91136.81194.02194.04198.82206.70240.52
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 48.0151.5054.0058.7768.0176.8086.7293.55
Goodwill 57.5759.4059.4059.40296.88293.52297.66298.19725.20927.76
Intangible Assets, Net (Excluding Goodwill) 30.7023.6618.1815.7817.4251.2188.55
Total assets 3,874.203,851.523,982.294,056.567,306.717,497.718,100.568,915.1913,066.1116,897.66
Long-term Debt, Excluding Current Maturities 136.82
Long-term Debt 155.08155.14155.63137.92298.79300.29274.55434.26507.08739.63
Total liabilities 3,451.893,408.413,548.853,628.136,330.116,509.577,111.367,884.3211,201.2414,438.19
Common Stock, Value, Issued 34.4534.5734.4232.9060.7359.6757.5457.6487.13108.48
Retained Earnings (Accumulated Deficit) 161.73178.13202.28227.56246.18278.30317.75361.55415.49483.01
Accumulated Other Comprehensive Income (Loss), Net of Tax 7.169.7011.01-0.6410.889.238.904.01-14.058.40

Atlantic Union Bankshares Corp Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 30.4535.4134.3752.5967.0877.4872.92146.25
Depreciation 6.0210.7410.7810.2211.1813.73
Amortization of Intangible Assets 4.416.3014.055.343.839.808.407.216.0912.84
Depreciation and amortization 5.076.506.726.636.0210.74
Deferred Income Tax Expense (Benefit) -2.43-1.27-0.62-
Net Cash Provided by (Used in) Operating Activities 1.1345.6970.54-21.99157.03125.18110.9293.84110.33216.77
Payments to Acquire Businesses, Net of Cash Acquired 26.44
Net Cash Provided by (Used in) Investing Activities -118.41165.33-17.89-141.70-218.696.30-375.29-715.12-885.75-770.04
Proceeds from Issuance of Long-term Debt 0017820225
Proceeds from Issuance of Common Stock 59.390.410.570.030.931.230.931.431.042.35
Payments for Repurchase of Common Stock 14.459.5052.6016.2633.1800
Payments of Ordinary Dividends, Common Stock 4.376.487.288.9712.5425.4929.0833.6735.3958.00
Net Cash Provided by (Used in) Financing Activities 14.66-195.90-17.65149.9351.78-71.25273.76657.85795.56615.10
Cash and Cash Equivalents, Period Increase (Decrease) -102.6315.2435.51-13.76-9.8860.249.4036.5820.1461.83