Atlantic Union Bankshares
About: 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 commercial, industrial, residential mortgage, and consumer purposes. The company operates through two reportable operating segments: Wholesale Banking and Consumer Banking, with corporate support functions such as corporate treasury and others included in Corporate Other.
Employees: 1,804
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
672% more call options, than puts
Call options by funds: $610K | Put options by funds: $79K
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
16% more capital invested
Capital invested by funds: $2.19B [Q2] → $2.55B (+$354M) [Q3]
10% more funds holding
Funds holding: 272 [Q2] → 299 (+27) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 92
0.9% more ownership
Funds ownership: 74.33% [Q2] → 75.23% (+0.9%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
8%
upside
Avg. target
$44
14%
upside
High target
$46
21%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Catherine Mealor 69% 1-year accuracy 24 / 35 met price target | 21%upside $46 | Market Perform Maintained | 22 Nov 2024 |
Raymond James David Long 80% 1-year accuracy 16 / 20 met price target | 8%upside $41 | Outperform Maintained | 2 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
Neutral
Business Wire
2 months ago
Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
RICHMOND, Va.--(BUSINESS WIRE)--Quarterly dividend announcement.
Positive
Seeking Alpha
2 months ago
Atlantic Union Bankshares: Transforming Into A Powerhouse
We have upgraded Atlantic Union Bankshares Corporation due to strong growth, solid earnings, and strategic acquisitions, including American National Bankshares, and a Maryland bank. Q3 revenue rose 21% year-over-year, with EPS beating estimates, despite a slight decline in net interest margin and loan yields. Loans and deposits increased significantly, driven by both organic growth and acquisitions, while asset quality remained strong with minimal charge-offs.
Neutral
GlobeNewsWire
2 months ago
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Atlantic Union Bankshares Corp. – AUB
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Atlantic Union Bankshares Corp. ( NYSE: AUB ), relating to a proposed merger with Sandy Spring Bancorp, Inc. Under the terms of the agreement, all Sandy Spring shares will automatically be converted into the right to receive 0.900 shares of AUB, and cash in lieu of fractional shares.
Neutral
Business Wire
2 months ago
SANDY SPRING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sandy Spring Bancorp - SASR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sandy Spring Bancorp (NasdaqGS: SASR) to Atlantic Union Bankshares Corporation (NYSE: AUB). Under the terms of the proposed transaction, shareholders of Sandy Spring will receive 0.900 shares of Atlantic Union for each share of Sandy Spring that they own. KSF is seeking to determine whether this consideration.
Neutral
PRNewsWire
2 months ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Sandy Spring Bancorp
NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Sandy Spring Bancorp (NASDAQ: SASR) and its board of directors concerning the proposed acquisition of the company by Atlantic Union Bankshares Corporation (NYSE: AUB). Stockholders will receive 0.900 shares of Atlantic Union Bankshares common stock for each share of Sandy Spring Bancorp stock that they hold.
Neutral
Seeking Alpha
2 months ago
Atlantic Union Bankshares Corporation (AUB) Q3 2024 Earnings Call Transcript
Atlantic Union Bankshares Corporation (NYSE:AUB ) Q3 2024 Earnings Conference Call October 21, 2024 9:00 AM ET Company Participants Bill Cimino - Senior Vice President of Investor Relations John Asbury - President and Chief Executive Officer Robert Gorman - Executive Vice President and Chief Financial Officer Daniel Schrider - Chairman, President and Chief Executive Officer David Ring - Executive Vice President and Wholesale Banking Group Executive Conference Call Participants Catherine Mealor - KBW Russell Gunther - Stephens Inc. Steve Moss - Raymond James David Bishop - Hovde Group Operator Good day and welcome to Atlantic Union Bankshares Third Quarter 2024 Earnings Call and Sandy Spring Bank Acquisition Announcement. At this time, all participants are in a listen-only mode.
Neutral
Business Wire
2 months ago
AUB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Atlantic Union Bankshares Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Atlantic Union Bankshares Corporation (NYSE: AUB) and Sandy Spring Bancorp is fair to Atlantic shareholders. Halper Sadeh encourages Atlantic shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Atlantic and its b.
Negative
Zacks Investment Research
2 months ago
Atlantic Union (AUB) Q3 Earnings and Revenues Miss Estimates
Atlantic Union (AUB) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago.
Neutral
Business Wire
2 months ago
Atlantic Union Bankshares Reports Third Quarter Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--3rd Quarter Earnings Release for AUB.
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