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

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Atlantic Union (AUB) delivered earnings and revenue surprises of 43.84% and 0.27%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Atlantic Union (AUB) Q2 Earnings and Revenues Top Estimates

Shares of Atlantic Union Bankshares (NASDAQ:AUB) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 169.23% year over year to $1.05, which beat the estimate of $0.75.

Atlantic Union Bankshares: Q2 Earnings Insights

RICHMOND, Va., July 06, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release second quarter 2021 results before the market opens on Thursday, July 22, 2021.

Atlantic Union Bankshares Corporation To Release Second Quarter 2021 Results

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

Why Atlantic Union (AUB) Stock Might be a Great Pick

RICHMOND, Va., May 06, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bank announced today that it received the number one ranking in the Mid-Atlantic region in the J.D. Power 2021 Retail Banking Satisfaction StudySM. J.D. Power defines the Mid-Atlantic region as Virginia, Maryland, Delaware and District of Columbia.

Atlantic Union Bank Ranked the Best in Customer Satisfaction with Retail Banking in the Mid-Atlantic Region by J.D. Power

RICHMOND, Va., May 05, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Atlantic Union Bankshares Corporation (the “Company”) has authorized the repurchase of up to $125 million worth of the Company's common stock through June 30, 2022 (the “Repurchase Program”). Shares of common stock may be purchased under the Repurchase Program periodically in open market transactions or privately negotiated transactions at prevailing market prices, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended.

Atlantic Union Bankshares Corporation Announces $125 million Share Repurchase Authorization; Declares an Increased Quarterly Common Stock Dividend and Declares Preferred Stock Dividend

Atlantic Union Bankshares Corporation (AUB) CEO John Asbury on Q1 2021 Results - Earnings Call Transcript

Atlantic Union (AUB) delivered earnings and revenue surprises of 7.89% and -2.91%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Atlantic Union (AUB) Q1 Earnings Top Estimates

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Top Ranked Income Stocks to Buy for March 30th

As of late, it has definitely been a great time to be an investor in Atlantic Union Bankshares Corporation (AUB).

Atlantic Union Bankshares' (AUB) Shares March Higher, Can It Continue?

RICHMOND, Va., March 01, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bank announced today that the bank's wealth management division is changing its branding to Atlantic Union Bank Wealth Management. The brand change is driven by the bank's goal to provide a seamless and integrated customer experience between the bank and its wealth management services, and deliver on its promise to make banking easier. Previously, the bank's wealth management services were offered under the brand Middleburg Financial.

Atlantic Union Bank Rebrands Wealth Management Division to Atlantic Union Bank Wealth Management

Atlantic Union Bankshares Corporation (AUB) CEO John Asbury on Q4 2020 Results - Earnings Call Transcript

Atlantic Union (AUB) delivered earnings and revenue surprises of 25.68% and 4.32%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Atlantic Union (AUB) Tops Q4 Earnings and Revenue Estimates

Shares of Atlantic Union Bankshares (NASDAQ:AUB) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share increased 30.99% year over year to $0.93, which beat the estimate of $0.67.

Atlantic Union Bankshares: Q4 Earnings Insights

RICHMOND, Va., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (Nasdaq: AUB) today reported net income available to common shareholders of $56.5 million and basic and diluted earnings per common share of $0.72 for the fourth quarter ended December 31, 2020. Adjusted operating earnings available to common shareholders(1) were $72.9 million, diluted operating earnings per common share(1) were $0.93, and pre-tax pre-provision adjusted operating earnings(1) were $77.0 million for the fourth quarter ended December 31, 2020.

Atlantic Union Bankshares Reports Fourth Quarter and Fiscal Year 2020 Results

RICHMOND, Va., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release fourth quarter and fiscal year 2020 results before the market opens on Tuesday, January 26, 2021.

Atlantic Union Bankshares Corporation To Release Fourth Quarter and Fiscal Year 2020 Results

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A well-run regional bank with a 3.5% dividend yield. Loans and deposits moving in the right direction with a major improvement in provisions for loan losses helping earnings power.

Atlantic Union Bankshares: More To Come

Atlantic Union Bankshares Corporation (AUB) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Atlantic Union Bankshares Corp (AUB)

RICHMOND, Va., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Atlantic Union Bank is expanding its commitments to Virginia Center for Inclusive Communities (VCIC) and Virginia State University (VSU) with the goal of accelerating efforts to create stronger and more inclusive communities. These two financial contributions combined represent the largest philanthropic investment in the Bank's history.

Atlantic Union Bank Expands Commitments with Two Commonwealth Organizations to Help Accelerate Inclusion and Equity

Atlantic Union Bankshares Corp. (AUB) CEO John Asbury on Q3 2020 Results - Earnings Call Transcript

Shares of Atlantic Union Bankshares (NASDAQ:AUB) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share rose 7.25% year over year to $0.74, which beat the estimate of $0.47.

Atlantic Union Bankshares: Q3 Earnings Insights

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.

Earnings Preview: Atlantic Union (AUB) Q3 Earnings Expected to Decline

RICHMOND, Va., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (the “Company”) today announced that it will release third quarter 2020 results before the market opens on Thursday, October 22, 2020.

Atlantic Union Bankshares Corporation To Release Third Quarter 2020 Results

RICHMOND, Va., Sept.  01, 2020  (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced President and CEO John C. Asbury will present at the Barclays Global Financial Services Conference, which will be held virtually on Monday, September 14, 2020.  The presentation is scheduled for approximately 2:00 p.m. EDT.

News for Atlantic Union Bankshares Corp Stock (AUB)