Atlantic Union Bankshares Corporation
AUBAP
NASDAQ Global Select25.27
USD
+0.27
- -
CIK
0000883948
ISIN
US04911A2069
CUSIP
04911A206
Return %
Stock
S&P500
1Y
- -
19.01
3Y
14.34
65.48
5Y
-9.75
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John C. Asbury
- Full Time Employees
- 1,890
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 1051 East Cary Street Richmond VA United States of America 23219
- IPO Date
- Jun 3, 2020
- CIK
- 0000883948
- Website
- atlanticunionbank.com
- Similar Companies
- Business
- Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank, providing comprehensive financial services primarily across Virginia, Maryland, North Carolina, and Washington D.C. The company’s core offerings include a full spectrum of banking products and services such as deposit accounts (checking, savings, certificates of deposit), consumer and commercial loans, residential mortgages, commercial real estate loans, treasury management, leasing, and capital markets services. Additionally, it delivers wealth management, trust, and investment advisory services. The company functions through two primary segments: Wholesale Banking, which serves commercial and industrial customers with loans, leasing, treasury management, and capital market services, and Consumer Banking, which caters to individuals and small businesses with loan and deposit services including home loans and investment management. Founded in 1997 and headquartered in Richmond, Virginia, Atlantic Union Bankshares has expanded significantly through acquisitions and organic growth. Notably, in 2024 and 2025 it completed strategic acquisitions including American National Bankshares Inc. and Sandy Spring Bancorp, Inc., the latter valued at approximately $1.6 billion and finalized in early 2025. This acquisition broadly enhanced the company’s geographic footprint and asset base, nearly doubling its wealth management business and strengthening its presence in the “Golden Crescent” region encompassing Baltimore, Washington, Richmond, and Hampton Roads. The integration of Sandy Spring Bank consolidated branches and operations, streamlining service delivery and expanding product convenience within key Mid-Atlantic markets. Recent operational highlights include total assets of approximately $37.1 billion, loans held for investment around $27.4 billion, and a strategic $2.0 billion commercial real estate loan sale generating notable gains. The company maintains a focus on healthy credit quality, with allowance for credit losses and net charge-offs closely monitored. Leadership appointments have included a new Chief Risk Officer to further strengthen risk management capabilities. Atlantic Union Bankshares also actively manages investment positions, evidenced by increased holdings in major technology equities such as NVIDIA and Apple during 2025. Dividend policy remains steady with quarterly common stock dividends and ongoing commitment to shareholder returns. Atlantic Union Bankshares continues to emphasize its community banking foundation while leveraging scale and broad financial service capabilities to serve consumers, small businesses, and wholesale customers across its primary Mid-Atlantic regions. With a workforce of approximately 2,300 employees and nearly 190 banking locations, the company remains focused on delivering integrated financial solutions encompassing commercial banking, retail banking, wealth management, mortgage banking, and digital banking platforms to meet diverse client needs in its core markets.
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