NasdaqGS:AUB

Stock Analysis Report

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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.

Rewards

PE ratio (14x) is below the US market (19.2x)

Earnings are forecast to grow 14.17% per year

Pays a reliable dividend of 3.9%

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

13.6%

AUB

5.3%

US Banks

1.2%

US Market


1 Year Return

-28.9%

AUB

-17.7%

US Banks

16.8%

US Market

Return vs Industry: AUB underperformed the US Banks industry which returned -17.7% over the past year.

Return vs Market: AUB underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

AUBIndustryMarket
7 Day13.6%5.3%1.2%
30 Day21.6%6.6%4.9%
90 Day29.3%18.7%20.0%
1 Year-26.3%-28.9%-14.9%-17.7%19.3%16.8%
3 Year-12.1%-19.3%-9.6%-16.9%43.7%34.4%
5 Year21.9%5.9%15.0%1.0%75.5%56.6%

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 compared to its fair value and its price relative to the market?

13.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AUB ($25.67) is trading above our estimate of fair value ($24.99)

Significantly Below Fair Value: AUB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AUB is poor value based on its PE Ratio (14x) compared to the US Banks industry average (10x).

PE vs Market: AUB is good value based on its PE Ratio (14x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: AUB is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: AUB's PB Ratio (0.8x) 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?

14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUB's forecast earnings growth (14.2% per year) is above the savings rate (2.2%).

Earnings vs Market: AUB's earnings (14.2% per year) are forecast to grow slower than the US market (24% per year).

High Growth Earnings: AUB's earnings are forecast to grow, but not significantly.

Revenue vs Market: AUB's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: AUB's revenue is forecast to decline over the next 3 years (-0.2% 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 (6.2%).


Next Steps

Past Performance

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

24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUB has high quality earnings.

Growing Profit Margin: AUB's current net profit margins (25.3%) are lower than last year (29.7%).


Past Earnings Growth Analysis

Earnings Trend: AUB's earnings have grown significantly by 24.5% 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 (-12.5%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: AUB's Return on Equity (5.6%) 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 (7.5x) is low.

Allowance for Bad Loans: AUB has a sufficient allowance for bad loans (429%).

Low Risk Liabilities: 91% 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 (72%).

Low Risk Deposits: AUB's Loans to Deposits ratio (91%) 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?

3.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AUB's dividend (3.9%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: AUB's dividend (3.9%) is low compared to the top 25% of dividend payers in the US market (4.29%).


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 (54.5%), 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 covered by earnings (53.9% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

John Asbury (54 yo)

3.58yrs

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 ($USD2.48M) is below average for companies of similar size in the US market ($USD4.48M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Asbury
President3.58yrsUS$2.48m0.14%
$ 2.8m
Robert Gorman
Executive VP & CFO8.08yrsUS$988.78k0.050%
$ 1.0m
M. Brown
Executive VP5.5yrsUS$767.88k0.031%
$ 623.9k
David Ring
Executive VP & Commercial Banking Group Executive2.92yrsUS$857.13k0.013%
$ 272.6k
Maria Tedesco
Executive Vice Presidentno dataUS$1.24m0.013%
$ 272.8k
William Cimino
Senior Vice President of Investor Relationsno datano datano data
Rachael Lape
Executive VPno datano datano data
Beth Shivak
VP & Director of Corporate Communicationsno datano datano data
L. Smith
Chief Marketing Officer & Senior VP3.58yrsno datano data
Loreen LaGatta
Executive VP & Chief Human Resources Officer4.67yrsno data0.023%
$ 456.2k
Rawley Watson
Chief Audit Executiveno datano datano data
Christopher Lumpkin
Senior Vice President of Commercial Lending8.17yrsno datano data

4.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: AUB's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Asbury
President3.58yrsUS$2.48m0.14%
$ 2.8m
Thomas Snead
Independent Director2.58yrsUS$98.32k0.052%
$ 1.1m
Linda Schreiner
Independent Director8.17yrsUS$108.49k0.014%
$ 283.5k
Beverley Dalton
Independent Director6.58yrsUS$92.99k0.027%
$ 538.5k
Gregory Fisher
Independent Director6.58yrsUS$104.66k0.025%
$ 503.9k
W. Murphy
Independent Director27.58yrsUS$104.99k0.21%
$ 4.2m
Ronald Tillett
Independent Chairman of the Board1.25yrsUS$152.32k0.035%
$ 697.3k
Patrick McCann
Independent Vice Chairman of the Board1.25yrsUS$114.99k0.028%
$ 572.8k
Patrick Corbin
Independent Director2.58yrsUS$108.32k0.039%
$ 791.2k
Daniel Hansen
Independent Director12.75yrsUS$110.13k0.18%
$ 3.6m
Keith Wampler
Independent Director6.58yrsUS$109.99k0.016%
$ 330.8k
Thomas Rohman
Independent Director7.33yrsUS$100.99k0.014%
$ 289.5k

6.6yrs

Average Tenure

64.5yo

Average Age

Experienced Board: AUB's board of directors are considered experienced (6.6 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$2.021b
  • Shares outstanding: 78.71m
  • 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
AUBA.PNasdaqGS (Nasdaq Global Select)6.875% DEP PFD AUSUSDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 23:32
End of Day Share Price2020/08/11 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.