Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp. is a bank holding company, which engages in the provision of financial services. It specializes in offering community banking services. Its services include checking, savings, lending, credit cards, online and mobile banking, treasury management, business eBanking, and wealth management. The company was founded in July 1993 and is headquartered in Richmond, VA.

Earnings data Q3 2020

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Atlantic Union Bankshares Corp posts strong Q4 results amid challenges

Atlantic Union Bankshares Corp delivered strong financial results in Q4 2022, showcasing robust loan growth, solid asset quality, and positive operating leverage. While facing challenges from deposit rate competition and potential expense increases, the bank is well-positioned to capitalize on opportunities from Federal Reserve rate hikes and strategic growth initiatives.

Atlantic Union Bankshares Corp (AUB) reports resilient Q1 performance

Atlantic Union Bankshares Corp (AUB) demonstrated resilience in its deposit base and solid financial performance in Q1 2023, despite industry challenges.
The company's focus on sustainable growth through positive operating leverage, expense management, and mid-single digit loan growth positions it well for the future.
While facing challenges from deposit rate competition and regulatory matters, AUB's strategic outlook and opportunities for revenue enhancement indicate a positive trajectory for 2023.

Atlantic Union Bankshares Corp reports solid Q2 performance and strategic merger plans

Atlantic Union Bankshares Corp (AUB) delivered a strong performance in Q2 2023, with a focus on operational efficiency, expense management, and strategic growth through the planned merger with American National Bank. Despite facing challenges related to margin decline and additional expenses, the company is well-positioned to capitalize on opportunities for improved profitability and enhanced market presence.

Atlantic Union Bankshares Corp reports strong Q3 performance and outlook

Atlantic Union Bankshares Corp's Q3 earnings call showcased strong performance, strategic actions, and a positive financial outlook for 2023. The company's focus on credit quality, expense management, and balance sheet optimization positions it well for future growth. Analyst inquiries centered on margin compression, fee growth, and post-merger opportunities in North Carolina.

Atlantic Union Bankshares reports resilient 2023 performance and eyes growth

Atlantic Union Bankshares navigated challenges in 2023 with strategic actions and reported positive outcomes.
The company anticipates growth in loan portfolios, positive operating leverage, and margin improvements.
Focus on technology modernization, talent management, and expanding offerings to drive future success.
Merger with American National Bank and deposit strategies position the company for a strong performance in 2024.

Atlantic Union Bankshares Corp reports strong Q1 performance and growth opportunities

Atlantic Union Bankshares Corp (AUB) delivered a strong performance in Q1 2024, showcasing growth in loan portfolio and operational efficiency.
Despite economic uncertainties, the company remains optimistic about the impact of the American National Bank acquisition and strategic growth initiatives.
With a focus on sustainable growth, value creation, and market expansion, Atlantic Union is poised to capitalize on opportunities and navigate challenges effectively.

Atlantic Union Bankshares Corp reports post-merger growth challenges and opportunities

Atlantic Union Bankshares Corp navigated a noisy quarterly earnings post-merger with a focus on sustainable growth.
Maintained stable credit outlook and healthy market presence in Virginia and North Carolina.
Challenges include achieving loan growth targets and leveraging new market opportunities for growth.

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Atlantic Union Bankshares Corp. is a bank holding company, which engages in the provision of financial services. It specializes in offering community banking services. Its services include checking, savings, lending, credit cards, online and mobile banking, treasury management, business eBanking, and wealth management. The company was founded in July 1993 and is headquartered in Glen Allen, VA.

RICHMOND, Va.--( BUSINESS WIRE )--Atlantic Union Bank has named Matt Linderman as its new Chief Information Officer. Linderman, 48, will be responsible for providing leadership, planning and management for all areas of technology and digital strategy, development and implementation.

Atlantic Union Bank Names New Chief Information Officer

Atlantic Union Bankshares Corporation (NYSE:AUB ) Q4 2022 Results Earnings Conference Call January 24, 2023 9:00 AM ET Company Participants Bill Cimino - Senior Vice President and Director of Investor Relations John Asbury - President and Chief Executive Officer; Chief Executive Officer, Atlantic Union Bank Robert Gorman - Executive Vice President and Chief Financial Officer David Ring - Executive Vice President and Wholesale Banking Group Executive Doug Woolley - Chief Credit Officer Conference Call Participants Casey Orr Whitman - Piper Sandler & Co. David Bishop - Hovde Group Catherine Mealor - Keefe Bruyette & Woods Inc. Laurie Hunsicker - Compass Point Research & Trading LLC Operator Good day and thank you for standing by. Welcome to the Atlantic Union Bankshares Fourth Quarter 2022 Earnings Conference Call.

Atlantic Union Bankshares Corporation (AUB) Q4 2022 Results - Earnings Call Transcript

RICHMOND, Va.--( BUSINESS WIRE )--Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (NYSE: AUB) reported net income available to common shareholders and adjusted operating earnings available to common shareholders(1) of $67.6 million and basic and diluted earnings per common share of $0.90 for the fourth quarter ended December 31, 2022. Pre-tax pre-provision adjusted operating earnings available to common shareholders(1) totaled $85.6 million for the fourth quarter ended December 31, 2022.

Atlantic Union Bankshares Reports Fourth Quarter Financial Results

RICHMOND, Va.--( BUSINESS WIRE )--Atlantic Union Bankshares (“Atlantic Union”) today announced that it is transferring the listing of its common stock and its depositary shares, each presenting a 1/400th interest in a share of its 6.875% Perpetual Non-Cumulative Preferred Stock, Series A to the New York Stock Exchange (“NYSE”) from The Nasdaq Stock Market LLC (“Nasdaq”). Atlantic Union's common stock and depositary shares are expected to begin trading on the NYSE on Wednesday, January 18, 2023, under the current ticker symbols of “AUB” and “AUBAP,” respectively. The common stock and depositary shares are expected to continue to trade on Nasdaq until the close of market on Tuesday, January 17, 2023.

Atlantic Union Bankshares Corporation Announces Transfer of Listing of Common Stock and Depositary Shares to the New York Stock Exchange

RICHMOND, Va.--( BUSINESS WIRE )--Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release fourth quarter and fiscal year 2022 financial results before the market opens on Tuesday, January 24, 2023.

Atlantic Union Bankshares Corporation To Release Fourth Quarter and Fiscal Year 2022 Financial Results

Atlantic Union Bankshares Corporation (NASDAQ:AUB ) Q3 2022 Earnings Conference Call October 20, 2022 9:00 AM ET Company Participants Bill Cimino - SVP, IR John Asbury - President and CEO Robert Gorman - EVP and CFO Conference Call Participants Catherine Mealor - KBW Operator Good day, and thank you for standing by. Welcome to the Atlantic Union Bankshares Third Quarter 2022 Earnings Conference Call.

Atlantic Union Bankshares Corporation (AUB) CEO John Asbury on Q3 2022 Results - Earnings Call Transcript

RICHMOND, Va., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank Wealth Management, a division of Atlantic Union Bank, has named Mitch York Chief Investment Officer effective today. York is responsible for overseeing and directing all areas of investment management of the wealth management team.

Atlantic Union Bank Wealth Management Names Mitch York Chief Investment Officer

RICHMOND, Va., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release third quarter 2022 financial results before the market opens on Thursday, October 20, 2022.

Atlantic Union Bankshares Corporation To Release Third Quarter 2022 Financial Results

RICHMOND, Va., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank has named Sherry Williams as its new Chief Risk Officer. Williams will be responsible for the company's enterprise and regulatory risk management functions that serve to safeguard its customers, investors, reputation, and assets.

Atlantic Union Bank Names New Chief Risk Officer

RICHMOND, Va., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Heather Cox has been appointed to its Board of Directors, effective immediately.

Atlantic Union Bankshares Corporation Appoints Heather Cox to Board of Directors

RICHMOND, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank is expanding its asset-based lending team to help working capital intensive companies meet their financing needs. The team will now operate as a new specialty finance division, branded Atlantic Union Business Credit, and offer a full range of asset-based lending solutions specializing in loan commitments from $5 million to $30 million.

Atlantic Union Bank Continues to Expand Its Commercial Product Line with Asset Based Lending

Atlantic Union Bankshares Corporation (NASDAQ:AUB ) Q2 2022 Earnings Conference Call July 21, 2022 9:00 AM ET Company Participants Bill Cimino - SVP, IR John Asbury - President and CEO Robert Gorman - EVP and CFO David Ring - Wholesale Banking Executive Conference Call Participants Catherine Mealor - KBW Operator Good day, and thank you for standing by. Welcome to the Atlantic Union Bankshares Second Quarter 2022 Earnings Conference Call.

Atlantic Union Bankshares Corporation (AUB) CEO John Asbury on Q2 2022 Results - Earnings Call Transcript

RICHMOND, Va., July 21, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (Nasdaq: AUB) reported net income available to common shareholders of $59.3 million and basic and diluted earnings per common share of $0.79 for the second quarter ended June 30, 2022. Adjusted operating earnings available to common shareholders(1) were $51.3 million, diluted operating earnings per common share(1) were $0.69, and pre-tax pre-provision adjusted operating earnings available to common shareholders(1) were $66.2 million for the second quarter ended June 30, 2022.

Atlantic Union Bankshares Reports Second Quarter Results

Atlantic Union (AUB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Atlantic Union (AUB) to Report a Decline in Earnings: What to Look Out for

RICHMOND, Va., July 06, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release second quarter 2022 financial results before the market opens on Thursday, July 21, 2022.

Atlantic Union Bankshares Corporation To Release Second Quarter 2022 Financial Results

RICHMOND, Va., June 16, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Rilla Delorier has been appointed to its Board of Directors, effective immediately.

Atlantic Union Bankshares Corporation Appoints Rilla Delorier to Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)--Cary Street Partners announced it has agreed to acquire Dixon, Hubard, Feinour & Brown, Inc. (“DHFB”) from Atlantic Union Bank, a wholly owned subsidiary of Atlantic Union Bankshares Corporation. Founded in 1981, DHFB is a Virginia-based wealth management firm with approximately $1.6 billion in AUM. The transaction will bolster Cary Street Partners' strong existing Virginia wealth management footprint by adding locations in Roanoke, Charlottesville, and Arlin

Cary Street Partners To Acquire RIA Business from Atlantic Union Bank

Atlantic Union Bankshares (AUB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Atlantic Union Bankshares (AUB) Stock Stands Out in a Strong Industry

RICHMOND, Va., May 02, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank has named Clare Miller as incoming Chief Human Resources Officer. Miller, 42, will be responsible for leading key priorities such as talent acquisition, total rewards, talent development, Teammate engagement with a focus on diversity, equity and inclusion, as well as HR systems, operations and reporting. Miller will begin her new role with Atlantic Union Bank in late May 2022.

Atlantic Union Bank Names New Chief Human Resources Officer

Atlantic Union Bankshares Corporation (NASDAQ:AUB ) Q1 2022 Earnings Conference Call April 21, 2022 9:00 AM ET Company Participants John C. Asbury – President and Chief Executive Officer Robert M.

Atlantic Union Bankshares Corporation (AUB) CEO John C. Asbury on Q1 2022 Results - Earnings Call Transcript

Atlantic Union (AUB) delivered earnings and revenue surprises of -7.69% and 0.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Atlantic Union (AUB) Q1 Earnings Lag Estimates

RICHMOND, Va., April 21, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (Nasdaq: AUB) today reported net income available to common shareholders of $40.7 million and basic and diluted earnings per common share of $0.54 for the first quarter ended March 31, 2022. Adjusted operating earnings available to common shareholders(1) were $45.1 million, diluted operating earnings per common share(1) were $0.60, and pre-tax pre-provision adjusted operating earnings available to common shareholders(1) were $58.3 million for the first quarter ended March 31, 2022.

Atlantic Union Bankshares Reports First Quarter Results

RICHMOND, Va., April 18, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will host an investor day in New York, New York on Monday, May 9, 2022 at 11:00 a.m. Eastern Time. Atlantic Union Bankshares President and CEO John Asbury, CFO Rob Gorman and Atlantic Union Bank President and COO Maria Tedesco along with other members of the executive leadership team will present the Company's strategic priorities and plans for the future.

Atlantic Union Bankshares Corporation to Host Investor Day

RICHMOND, Va., April 15, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank has been named to Forbes' 2022 “World's Best Banks” list.

Forbes Honors Atlantic Union Bank on 2022 “World's Best Bank” List

RICHMOND, Va., March 31, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release first quarter 2022 results before the market opens on Thursday, April 21, 2022.

News for Atlantic Union Bankshares Corp Stock (AUB)