NasdaqGS:AUB

Stock Analysis Report

Atlantic Union Bankshares

Executive Summary

Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Atlantic Union Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.4%

NasdaqGS:AUB

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-16.5%

NasdaqGS:AUB

-16.1%

US Banks

-3.0%

US Market

AUB matched the Banks industry (-16.1%) over the past year.

AUB underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

AUBIndustryMarket
7 Day-3.4%-1.8%-1.6%
30 Day-5.3%-10.1%-5.7%
90 Day1.9%-5.0%0.2%
1 Year-14.2%-16.5%-13.7%-16.1%-0.8%-3.0%
3 Year39.8%29.8%37.9%28.5%38.1%29.1%
5 Year70.0%48.8%49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Atlantic Union Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Atlantic Union Bankshares undervalued based on future cash flows and its price relative to the stock market?

20%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Atlantic Union Bankshares's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Atlantic Union Bankshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Atlantic Union Bankshares is overvalued based on earnings compared to the US Banks industry average.

Atlantic Union Bankshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Atlantic Union Bankshares is good value based on expected growth next year.


Price Based on Value of Assets

Atlantic Union Bankshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Atlantic Union Bankshares expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Atlantic Union Bankshares's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).

Atlantic Union Bankshares's earnings are expected to grow by 17.9% yearly, however this is not considered high growth (20% yearly).

Atlantic Union Bankshares's revenue growth is expected to exceed the United States of America market average.

Atlantic Union Bankshares's earnings growth is expected to exceed the United States of America market average.

Atlantic Union Bankshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Atlantic Union Bankshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Atlantic Union Bankshares performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Atlantic Union Bankshares has delivered over 20% year on year earnings growth in the past 5 years.

Atlantic Union Bankshares's 1-year earnings growth exceeds its 5-year average (64.6% vs 24.3%)

Atlantic Union Bankshares's earnings growth has exceeded the US Banks industry average in the past year (64.6% vs 33.1%).


Return on Equity

Atlantic Union Bankshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Atlantic Union Bankshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Atlantic Union Bankshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Atlantic Union Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Atlantic Union Bankshares has an acceptable proportion of non-loan assets held.

Atlantic Union Bankshares has a sufficient allowance for bad loans.

Atlantic Union Bankshares's liabilities are made up of primarily low risk sources of funding.

Atlantic Union Bankshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Atlantic Union Bankshares are broadly funded by customer deposits.

Atlantic Union Bankshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Atlantic Union Bankshares's current dividend yield, its reliability and sustainability?

2.83%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Atlantic Union Bankshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Atlantic Union Bankshares's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Atlantic Union Bankshares's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

John Asbury (53yo)

2.6yrs

Tenure

US$2,332,504

Compensation

Mr. John C. Asbury has been the Chief Executive Officer of Atlantic Union Bank (the"Bank") since October 2016 and served as and President from October 2016 to September 2017. Mr. Asbury was President of At ...


CEO Compensation Analysis

John's remuneration is lower than average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.1yrs

Average Tenure

53.5yo

Average Age

The tenure for the Atlantic Union Bankshares management team is about average.


Board Age and Tenure

5.6yrs

Average Tenure

62.5yo

Average Age

The tenure for the Atlantic Union Bankshares board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • John Asbury (53yo)

    President

    • Tenure: 2.6yrs
    • Compensation: US$2.33m
  • Rachael Lape (46yo)

    Senior VP

    • Tenure: 0.0yrs
  • Bill Cimino

    VP & Director of Investor Relations

    • Tenure: 0.0yrs
  • David Ring (55yo)

    Executive VP & Commercial Banking Group Executive

    • Tenure: 1.9yrs
    • Compensation: US$998.77k
  • Rob Gorman (61yo)

    Executive VP & CFO

    • Tenure: 7.1yrs
    • Compensation: US$944.15k
  • Loreen LaGatta (50yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 3.7yrs
  • M. Brown (54yo)

    Executive VP

    • Tenure: 4.5yrs
    • Compensation: US$778.78k
  • Beth Shivak

    VP & Director of Corporate Communications

    • Tenure: 0.0yrs
  • L. Smith (51yo)

    Chief Marketing Officer & Senior VP

    • Tenure: 2.6yrs
  • Maria Tedesco (58yo)

    Executive Vice President

    • Tenure: 0.0yrs
    • Compensation: US$1.16m

Board Members

  • Linda Schreiner (59yo)

    Director

    • Tenure: 7.2yrs
    • Compensation: US$99.01k
  • Gregory Fisher (69yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$84.26k
  • W. Murphy (86yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: US$96.01k
  • Ronald Tillett (63yo)

    Chairman of the Board

    • Tenure: 0.3yrs
    • Compensation: US$115.26k
  • Pat McCann (62yo)

    Vice Chairman of the Board

    • Tenure: 0.3yrs
    • Compensation: US$104.76k
  • Pat Corbin (65yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$93.01k
  • Dan Hansen (62yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$97.30k
  • Keith Wampler (61yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$99.76k
  • John Asbury (53yo)

    President

    • Tenure: 2.6yrs
    • Compensation: US$2.33m
  • Brad Armstrong (71yo)

    Director

    • Tenure: 8.8yrs
    • Compensation: US$84.26k

Company Information

Atlantic Union Bankshares Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atlantic Union Bankshares Corporation
  • Ticker: AUB
  • Exchange: NasdaqGS
  • Founded: 1902
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.886b
  • Shares outstanding: 82.10m
  • Website: https://www.atlanticunionbank.com

Number of Employees


Location

  • Atlantic Union Bankshares Corporation
  • 1051 East Cary Street
  • Suite 1200
  • Richmond
  • Virginia
  • 23219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AUBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDOct 1993

Biography

Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:42
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.