Atlantic Union Bankshares
Market Cap
US$2.9b
Last Updated
2021/02/27 00:32 UTC
Data Sources
Company Financials +
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. More Details
Rewards
Risk Analysis
No risks detected for AUB from our risk checks.
Snowflake Analysis
Flawless balance sheet established dividend payer.
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
Stable Share Price: AUB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AUB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.8%
AUB
-0.2%
US Banks
-4.6%
US Market
1 Year Return
23.5%
AUB
19.8%
US Banks
38.5%
US Market
Return vs Industry: AUB exceeded the US Banks industry which returned 19.8% over the past year.
Return vs Market: AUB underperformed the US Market which returned 38.5% over the past year.
Shareholder returns
| AUB | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -0.2% | -4.6% |
| 30 Day | 9.7% | 15.4% | 0.6% |
| 90 Day | 17.1% | 22.3% | 1.9% |
| 1 Year | 28.2%23.5% | 24.2%19.8% | 41.5%38.5% |
| 3 Year | 5.7%-3.3% | 11.6%2.0% | 56.7%46.7% |
| 5 Year | 78.9%55.5% | 91.3%67.0% | 123.5%98.6% |
Long-Term 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
2 weeks ago | Simply Wall St
Atlantic Union Bankshares Corporation (NASDAQ:AUB) Goes Ex-Dividend Soon1 month ago | Simply Wall St
Could The Atlantic Union Bankshares Corporation (NASDAQ:AUB) Ownership Structure Tell Us Something Useful?2 months ago | Simply Wall St
Did You Miss Atlantic Union Bankshares' (NASDAQ:AUB) 27% Share Price Gain?Valuation
Is Atlantic Union Bankshares undervalued compared to its fair value and its price relative to the market?
19.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AUB ($36.73) is trading below our estimate of fair value ($45.69)
Significantly Below Fair Value: AUB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AUB is poor value based on its PE Ratio (19x) compared to the US Banks industry average (12.5x).
PE vs Market: AUB is good value based on its PE Ratio (19x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: AUB is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: AUB's PB Ratio (1.1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Atlantic Union Bankshares forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
12.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AUB's forecast earnings growth (12.2% per year) is above the savings rate (2%).
Earnings vs Market: AUB's earnings (12.2% per year) are forecast to grow slower than the US market (20.3% per year).
High Growth Earnings: AUB's earnings are forecast to grow, but not significantly.
Revenue vs Market: AUB's revenue (4.9% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: AUB's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AUB's Return on Equity is forecast to be low in 3 years time (7.9%).
Next Steps
Past Performance
How has Atlantic Union Bankshares performed over the past 5 years?
21.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AUB has high quality earnings.
Growing Profit Margin: AUB's current net profit margins (25.4%) are lower than last year (29.8%).
Past Earnings Growth Analysis
Earnings Trend: AUB's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: AUB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AUB had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Banks industry average (0.6%).
Return on Equity
High ROE: AUB's Return on Equity (5.8%) is considered low.
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
Financial Institutions Analysis
Asset Level: AUB's Assets to Equity ratio (7.2x) is low.
Allowance for Bad Loans: AUB has a sufficient allowance for bad loans (378%).
Low Risk Liabilities: 93% of AUB's liabilities are made up of primarily low risk sources of funding.
Loan Level: AUB has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: AUB's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: AUB has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Atlantic Union Bankshares's current dividend yield, its reliability and sustainability?
2.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AUB's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: AUB's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stability and Growth of Payments
Stable Dividend: AUB's dividends per share have been stable in the past 10 years.
Growing Dividend: AUB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.7%), AUB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AUB's dividends in 3 years are forecast to be well covered by earnings (39.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
John Asbury (54 yo)
4.08yrs
Tenure
US$2,481,569
Compensation
Mr. John C. Asbury has been the Chief Executive Officer of Atlantic Union Bank since October 2016 and served as and President from October 2016 to September 2017. He was President of Atlantic Union Bank fr...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.48M) is below average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.08yrs | US$2.48m | 0.16% $ 4.6m | |
| Executive VP & CFO | 8.58yrs | US$988.78k | 0.050% $ 1.5m | |
| Executive VP | 6yrs | US$767.88k | 0.031% $ 892.7k | |
| Executive VP & Commercial Banking Group Executive | 3.42yrs | US$857.13k | 0.013% $ 375.3k | |
| Executive Vice President | no data | US$1.24m | 0.013% $ 390.1k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | no data | |
| VP & Director of Corporate Communications | no data | no data | no data | |
| Chief Marketing Officer & Senior VP | 4.08yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.17yrs | no data | 0.019% $ 552.0k | |
| Chief Audit Executive | no data | no data | no data | |
| Senior Vice President of Commercial Lending | 8.67yrs | no data | no data |
5.2yrs
Average Tenure
54.5yo
Average Age
Experienced Management: AUB's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.08yrs | US$2.48m | 0.16% $ 4.6m | |
| Independent Director | 3.08yrs | US$98.32k | 0.054% $ 1.5m | |
| Independent Director | 8.67yrs | US$108.49k | 0.015% $ 440.7k | |
| Independent Director | 7.08yrs | US$92.99k | 0.028% $ 805.3k | |
| Independent Director | 7.08yrs | US$104.66k | 0.035% $ 1.0m | |
| Independent Director | 28.08yrs | US$104.99k | 0.21% $ 6.1m | |
| Independent Chairman of the Board | 1.75yrs | US$152.32k | 0.035% $ 997.6k | |
| Independent Vice Chairman of the Board | 1.75yrs | US$114.99k | 0.030% $ 854.8k | |
| Independent Director | 3.08yrs | US$108.32k | 0.039% $ 1.1m | |
| Independent Director | 13.25yrs | US$110.13k | 0.18% $ 5.2m | |
| Independent Director | 7.08yrs | US$109.99k | 0.016% $ 473.4k | |
| Independent Director | 7.83yrs | US$100.99k | 0.016% $ 449.4k |
7.1yrs
Average Tenure
64.5yo
Average Age
Experienced Board: AUB's board of directors are considered experienced (7.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$2.892b
- Shares outstanding: 78.73m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AUB | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Oct 1993 |
| AUBA.P | NasdaqGS (Nasdaq Global Select) | 6.875% DEP PFD A | US | USD | Jun 2020 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 00:32 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.