Investor Presentaiton
Virginia's Bank
Virginia: All Banks
Rank Institution
Virginia: Banks Headquartered in VA
Deposits Market Branches
($mm) Share (%)
Rank Institution
Deposits Market Branches
($mm) Share (%)
1 Truist Financial Corp
$48,832
23.8%
368
1
Atlantic Union Bankshares Corp.
$15,360 21.8%
123
Wells Fargo & Co
33,337
16.2
230
2
TowneBank
8,522
12.1
32
3
Bank of America Corp.
21,769
10.6
118
3
Capital One Financial Corp.
7,165
10.2
27
4
Atlantic Union Bankshares Corp
15,360
7.5
123
4
Blue Ridge Bankshares
3,391
4.8
37
5 United Bankshares, Inc.
8,596
4.2
85
5
Carter Bank & Trust
3,121
4.4
57
6
TowneBank
8,522
4.2
32
6
Burke & Herbert Bank & Trust Co.
2,706
3.8
23
7 Capital One Financial Corp.
7,165
3.5
27
7
Primis Financial Corp
1,907
2.7
39
8
PNC Financial Services Group Inc.
5,112
2.5
95
8
American National Bankshares, Inc.
1,773
2.5
18
9
Blue Ridge Bankshares
3,391
1.7
37
9
First Bancorp Inc.
1,668
2.4
20
10 Carter Bank & Trust
3,121
1.5
57
10 C&F Financial Corp
1,646
2.3
31.
Top 10 Banks
$155,205
75.7
1,172
Top 10 Banks
$47,259
67.0
407
All Institutions in Market
$205,525 100.00
2,072
All Institutions in Market
$70,571
100.00
840
Statewide branch footprint brings unique franchise value
Atlantic
Source: SNL Financial and FDIC deposit data
Deposit data as of 6/30/20; pro forma for announced transactions; AUB branch count is proforma based on completed branch closings
6
Union Bankshares Note: Excludes branches with deposits greater than $5.0 billionView entire presentation