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Earnings
Atlantic Union Bankshares reports Q3 EPS 94c, consensus 78c » 07:32
10/25/21
10/25
07:32
10/25/21
07:32
AUB

Atlantic Union Bankshares

$36.90 /

-0.4 (-1.07%)

Reports CET1 ratio…

Reports CET1 ratio 10.37%. Reports Book value per share $33.60. "Atlantic Union delivered solid financial results in the third quarter as we continue to see the headwinds from COVID-19 abate," said John C. Asbury, president and chief executive officer of Atlantic Union. "Loan balances exclusive of PPP declined during the third quarter, which we believe was a combination of historically high levels of commercial real estate pay-offs and suppressed commercial line utilization due to excess liquidity. We have seen a strong start to loan growth in October, our credit quality remains pristine, and our capital and liquidity positions continue to be strong. As we finish off 2021, we expect economic activity to pick up over the next several quarters and credit losses will remain historically low due to the positive economic outlook. Operating under the mantra of soundness, profitability and growth - in that order of priority - Atlantic Union remains committed to generating sustainable, profitable growth and building long term value for our shareholders."

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AUB Atlantic Union Bankshares
$36.90 /

-0.4 (-1.07%)

AUB Atlantic Union Bankshares
$36.90 /

-0.4 (-1.07%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$36.90 /

-0.4 (-1.07%)

Over a quarter ago
Earnings
Atlantic Union Bankshares reports Q2 EPS $1.05, consensus 75c » 07:37
07/22/21
07/22
07:37
07/22/21
07:37
AUB

Atlantic Union Bankshares

$35.97 /

+0.66 (+1.87%)

Reports common equity…

Reports common equity Tier 1 capital ratio 10.56%. Reports book value per common share $33.30. "Atlantic Union delivered solid financial results in the second quarter reflective of steadily improving economic conditions as the headwinds from COVID-19 continued to subside," said John Asbury, president and CEO of Atlantic Union. "During the second quarter, loan balances grew modestly, credit quality remained pristine and our capital and liquidity positions continue to be strong. As we head into the second half of 2021, we expect that loan growth will accelerate as economic activity picks up over the next several quarters and credit losses will remain historically low due to the positive economic outlook. Operating under the mantra of soundness, profitability and growth - in that order of priority - Atlantic Union remains committed to generating sustainable, profitable growth and building long term value for our shareholders."

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$35.97 /

+0.66 (+1.87%)

AUB Atlantic Union Bankshares
$35.97 /

+0.66 (+1.87%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$35.97 /

+0.66 (+1.87%)

Conference/Events
Atlantic Union Bankshares participates in a conference call with Stephens » 12:25
05/07/21
05/07
12:25
05/07/21
12:25
AUB

Atlantic Union Bankshares

$40.42 /

-0.29 (-0.71%)

Conference call with CEO…

Conference call with CEO Asbury and CFO Gorman will be held on May 7 at 1 pm hosted by Stephens.

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$40.42 /

-0.29 (-0.71%)

AUB Atlantic Union Bankshares
$40.42 /

-0.29 (-0.71%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$40.42 /

-0.29 (-0.71%)

Conference/Events
Atlantic Union Bankshares participates in a conference call with Stephens » 04:55
05/07/21
05/07
04:55
05/07/21
04:55
AUB

Atlantic Union Bankshares

$40.72 /

+0.61 (+1.52%)

Conference call with CEO…

Conference call with CEO Asbury and CFO Gorman will be held on May 7 at 1 pm hosted by Stephens.

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$40.72 /

+0.61 (+1.52%)

AUB Atlantic Union Bankshares
$40.72 /

+0.61 (+1.52%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$40.72 /

+0.61 (+1.52%)

Hot Stocks
Atlantic Union board increases quarterly dividend 12% to 28c per share » 07:51
05/05/21
05/05
07:51
05/05/21
07:51
AUB

Atlantic Union Bankshares

$39.47 /

-0.07 (-0.18%)

Atlantic Union…

Atlantic Union Bankshares' board declared a quarterly dividend of 28c per share of common stock, which is a 3c or 12% increase from the common stock dividend paid in the prior quarter and the second quarter of 2020. Based on the company's common stock closing price of $39.62 on May 4, 2021, the dividend yield is approximately 2.8%. The common stock dividend is payable on June 4, 2021 to common shareholders of record as of May 21. The board also declared a quarterly dividend on the outstanding shares of the company's 6.875% Perpetual Non-Cumulative Preferred Stock, Series A. The Series A preferred stock is represented by depositary shares, each representing a 1/400th ownership interest in a share of Series A preferred stock. The dividend of $171.88 per share is payable on June 1 to holders of record as of May 17.

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AUB Atlantic Union Bankshares
$39.47 /

-0.07 (-0.18%)

AUB Atlantic Union Bankshares
$39.47 /

-0.07 (-0.18%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$39.47 /

-0.07 (-0.18%)

Hot Stocks
Atlantic Union Bankshares announces $125M share repurchase authorization » 07:51
05/05/21
05/05
07:51
05/05/21
07:51
AUB

Atlantic Union Bankshares

$39.47 /

-0.07 (-0.18%)

The board of directors of…

The board of directors of Atlantic Union Bankshares has authorized the repurchase of up to $125M worth of the company's common stock through June 30, 2022. 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. The actual means and timing of any purchases, target number of shares and prices or range of prices under the Repurchase Program will be determined by the company in its discretion and will depend on a number of factors, including the market price of the company's common stock, share issuances under company equity plans, general market and economic conditions, and applicable legal and regulatory requirements. The Repurchase Program may be modified, amended or terminated by the board of directors at any time. There is no assurance that the company will purchase any shares under the Repurchase Program.

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AUB Atlantic Union Bankshares
$39.47 /

-0.07 (-0.18%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$39.47 /

-0.07 (-0.18%)

Conference/Events
Atlantic Union Bankshares participates in a conference call with Stephens » 13:25
05/04/21
05/04
13:25
05/04/21
13:25
AUB

Atlantic Union Bankshares

$39.68 /

+0.14 (+0.35%)

Conference call with CEO…

Conference call with CEO Asbury and CFO Gorman will be held on May 7 at 1 pm hosted by Stephens.

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$39.68 /

+0.14 (+0.35%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$39.68 /

+0.14 (+0.35%)

Earnings
Atlantic Union Bankshares reports Q1 EPS 67c, consensus 74c » 07:34
04/22/21
04/22
07:34
04/22/21
07:34
AUB

Atlantic Union Bankshares

$38.18 /

+0.85 (+2.28%)

Reports common equity…

Reports common equity Tier 1 capital ratio 10.56% and book value per common share $32.37. "Despite near term economic headwinds from COVID-19, Atlantic Union delivered solid financial results in the first quarter while positioning the company for success over the long term," said John Asbury, president and CEO of Atlantic Union. "Operating under the mantra of soundness, profitability and growth - in that order of priority - Atlantic Union remains in a strong financial position with ample liquidity and a well-fortified capital base. Our conservative credit culture continues to serve us well as we help our clients manage through the pandemic. With credit quality metrics remaining benign and a more optimistic economic recovery outlook due to the roll-out of COVID-19 vaccines and additional government stimulus inclusive of more PPP funding, we believe that credit losses will not be as severe as initially projected and that loan growth will improve as economic activity accelerates over the next few quarters. Looking forward, we remain optimistic that the challenges of COVID-19 will ease as the year progresses and that Atlantic Union will emerge as a stronger company that is well positioned to generate sustainable, profitable growth and build long term value for our shareholders."

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$38.18 /

+0.85 (+2.28%)

04/13/21 Barclays
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays
02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
AUB Atlantic Union Bankshares
$38.18 /

+0.85 (+2.28%)

Recommendations
Atlantic Union Bankshares price target raised to $43 from $40 at Barclays » 06:06
04/13/21
04/13
06:06
04/13/21
06:06
AUB

Atlantic Union Bankshares

$39.18 /

+0.18 (+0.46%)

Barclays analyst Jason…

Barclays analyst Jason Goldberg raised the firm's price target on Atlantic Union Bankshares to $43 from $40 and keeps an Equal Weight rating on the shares. In the near term, a lower than previously expected loan loss provision should drive earnings higher, while a better than anticipated interest rate environment should help looking out, Goldberg tells investors in a research note.

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$39.18 /

+0.18 (+0.46%)

02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
07/27/20 Piper Sandler
Atlantic Union Bankshares assumed with a Neutral at Piper Sandler
AUB Atlantic Union Bankshares
$39.18 /

+0.18 (+0.46%)

Conference/Events
Atlantic Union Bankshares management to meet virtually with Piper Sandler » 04:55
03/18/21
03/18
04:55
03/18/21
04:55
AUB

Atlantic Union Bankshares

$40.04 /

+0.14 (+0.35%)

Virtual Meeting to be…

Virtual Meeting to be held on March 18 hosted by Piper Sandler.

ShowHide Related Items >><<
AUB Atlantic Union Bankshares
$40.04 /

+0.14 (+0.35%)

02/18/21 Seaport Global
Seaport Global starts Atlantic Union Bankshares at Buy with $41 price target
02/18/21 Seaport Global
Atlantic Union Bankshares initiated with a Buy at Seaport Global
01/14/21 Barclays
Atlantic Union Bankshares price target raised to $40 from $30 at Barclays
07/27/20 Piper Sandler
Atlantic Union Bankshares assumed with a Neutral at Piper Sandler
AUB Atlantic Union Bankshares
$40.04 /

+0.14 (+0.35%)

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