Atlantic Union Bankshares Files 8-K
Ticker: AUB-PA · Form: 8-K · Filed: Oct 24, 2024 · CIK: 883948
| Field | Detail |
|---|---|
| Company | Atlantic Union Bankshares Corp (AUB-PA) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.33, $0.34, $171.88, $0.43 |
| Sentiment | neutral |
Sentiment: neutral
Topics: stock-filing, financial-statements, corporate-actions
Related Tickers: AUBC
TL;DR
AUBC filed an 8-K on 10/24/24 detailing preferred and common stock info.
AI Summary
Atlantic Union Bankshares Corporation filed an 8-K on October 24, 2024, reporting other events and financial statements. The filing includes details on Series A Preferred Stock and Common Stock as of October 24, 2024. The company, formerly Union Bankshares Corp, is incorporated in Virginia and its fiscal year ends on December 31.
Why It Matters
This filing provides an update on the company's financial structure and stock information, which is important for investors to understand the current state of the company's equity.
Risk Assessment
Risk Level: low — This is a routine filing reporting on stock information and financial statements, not indicating any immediate operational or financial distress.
Key Players & Entities
- Atlantic Union Bankshares Corporation (company) — Registrant
- Union Bankshares Corp (company) — Former Company Name
- October 24, 2024 (date) — Date of Report
- Virginia (location) — State of Incorporation
- Series A Preferred Stock (security) — Stock Member
- Common Stock (security) — Stock Member
FAQ
What is the primary purpose of this 8-K filing for Atlantic Union Bankshares Corporation?
The primary purpose is to report on 'Other Events' and to include 'Financial Statements and Exhibits' as of October 24, 2024.
What were Atlantic Union Bankshares Corporation's former names?
The company was formerly known as Union Bankshares Corp and UNION FIRST MARKET BANKSHARES CORP.
When is Atlantic Union Bankshares Corporation's fiscal year end?
The company's fiscal year ends on December 31.
What specific stock types are mentioned in the filing as of October 24, 2024?
The filing mentions 'Series A Preferred Stock' and 'Common Stock' as of October 24, 2024.
In which state is Atlantic Union Bankshares Corporation incorporated?
Atlantic Union Bankshares Corporation is incorporated in Virginia.
Filing Stats: 573 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-10-24 16:33:04
Key Financial Figures
- $1.33 — ch registered Common Stock, par value $1.33 per share AUB New York Stock Exchan
- $0.34 — oard") declared a quarterly dividend of $0.34 per share of common stock. The dividend
- $171.88 — ries A preferred stock. The dividend of $171.88 per share (equivalent to $0.43 per outs
- $0.43 — end of $171.88 per share (equivalent to $0.43 per outstanding depositary share) is pa
Filing Documents
- aub-20241024x8k.htm (8-K) — 68KB
- aub-20241024xex99d1.htm (EX-99.1) — 6KB
- aub-20241024xex99d1001.jpg (GRAPHIC) — 22KB
- 0000883948-24-000087.txt ( ) — 257KB
- aub-20241024.xsd (EX-101.SCH) — 4KB
- aub-20241024_def.xml (EX-101.DEF) — 14KB
- aub-20241024_lab.xml (EX-101.LAB) — 19KB
- aub-20241024_pre.xml (EX-101.PRE) — 13KB
- aub-20241024x8k_htm.xml (XML) — 7KB
01 Other Events
Item 8.01 Other Events. On October 24, 2024, Atlantic Union Bankshares Corporation (the "Company") issued a press release announcing that its Board of Directors (the "Board") declared a quarterly dividend of $0.34 per share of common stock. The dividend is payable on November 22, 2024 to common shareholders of record as of November 8, 2024. The Company also announced that the Board declared a quarterly dividend on the Company's 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (the "Series A preferred stock"). The Series A preferred stock is represented by depositary shares, each representing a 1/400 th ownership interest in a share of Series A preferred stock. The dividend of $171.88 per share (equivalent to $0.43 per outstanding depositary share) is payable on December 2, 2024 to holders of record as of November 15, 2024. A copy of the Company's press release dated October 24, 2024 is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference .
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No . Description of Exhibit 99.1 Press release dated October 24, 2024 104 Cover Page Interactive Data File – the cover page iXBRL tags are embedded within the Inline XBRL document 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATLANTIC UNION BANKSHARES CORPORATION Date: October 24, 2024 By: /s/ Robert M. Gorman Robert M. Gorman Executive Vice President and Chief Financial Officer 2