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Atlantic Union Bankshares (Atlantic Union Bankshares) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)


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What is Atlantic Union Bankshares Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Atlantic Union Bankshares's operating assets for the quarter that ended in Mar. 2024 was $18,781.7 Mil. Atlantic Union Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was $17,837.9 Mil. Atlantic Union Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $21,166.2 Mil. Therefore, Atlantic Union Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.


Atlantic Union Bankshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Atlantic Union Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(20801.842-17498.845)/20461.138
=0.16

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21166.197 - 364.355
=20801.842

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18609.87 - 391.025 - 720
=17498.845

Atlantic Union Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(18781.668-17837.873)/21166.197
=0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21378.12 - 2596.452
=18781.668

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18829.192 - 391.319 - 600
=17837.873

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlantic Union Bankshares Scaled Net Operating Assets Related Terms

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Atlantic Union Bankshares (Atlantic Union Bankshares) Business Description

Traded in Other Exchanges
Address
1051 East Cary Street, Suite 1200, Three James Center, Richmond, VA, USA, 23219
Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for a commercial, industrial, residential mortgage, and consumer purposes. The company has one reportable segment, which largely consists of the traditional full-service community banking business. Much of the company revenue streams from overdraft and service fees and comes from the United States.
Executives
Rachael R Lape officer: EVP & General Counsel C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Woolley Douglas F. Jr. officer: EVP & CCO C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST., STE 1200, RICHMOND VA 23219
Matthew L. Linderman officer: EVP & CIO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CART STREET, STE 1200, RICHMOND VA 23219
Frank Russell Ellett director C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219
Maria P Tedesco officer: EVP; President, Bank C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
John C Asbury officer: President C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, SUITE 1200, RICHMOND VA 23219
Robert Michael Gorman officer: EVP 1051 EAST CARY STREET, SUITE 1200, THREE JAMES CENTER, RICHMOND VA 23219
Sherry Williams officer: EVP & Chief Risk Officer 275 SEVENTH AVE., NEW YORK NY 10001
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ronald L Tillett director 951 E, BYRD STREET, SUITE 930, RICHMOND VA 23219
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Clare Miller officer: EVP & CHRO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, RICHMOND VA 23219
Frederick Blair Wimbush director C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
Susan E Pfautz officer: SVP & Interim Chief HR Officer ATLANTIC UNION BANKSHARES, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Loreen A. Lagatta officer: EVP C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219