Atlantic Union BanksharesAUB
AUB
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 6,823 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
147% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 19
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
$46
21%
upside
Avg. target
$49
28%
upside
High target
$51
35%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Piper Sandler Stephen Scouten 86% 1-year accuracy 19 / 22 met price target | 35%upside $51 | Overweight Assumed | 13 Jan 2025 |
Keefe, Bruyette & Woods Catherine Mealor 71% 1-year accuracy 22 / 31 met price target | 21%upside $46 | Market Perform Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 5 articles about AUB published over the past 30 days
Neutral
Zacks Investment Research
3 days ago
Seeking Clues to Atlantic Union (AUB) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Atlantic Union (AUB) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Negative
Zacks Investment Research
4 days ago
Earnings Preview: Atlantic Union (AUB) Q4 Earnings Expected to Decline
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.
Neutral
Business Wire
1 week ago
Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. Announce Receipt of Federal Reserve Approvals to Complete Mergers
RICHMOND, Va. & OLNEY, Md.--(BUSINESS WIRE)--Atlantic Union Bankshares receives approval from Federal Reserve for Sandy Spring acquistion.
Neutral
Business Wire
2 weeks 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
Business Wire
2 weeks ago
Atlantic Union Bankshares Corporation To Release Fourth Quarter and Full Year 2024 Financial Results
RICHMOND, Va.--(BUSINESS WIRE)--Quarterly Earnings Webcast Advisory.
Positive
Seeking Alpha
2 months 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.
Charts implemented using Lightweight Charts™