Atlantic Union Bankshares
Market Cap
US$2.9b
Last Updated
2019/08/24 23:42 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.
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
| AUB | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -1.8% | -1.6% |
| 30 Day | -5.3% | -10.1% | -5.7% |
| 90 Day | 1.9% | -5.0% | 0.2% |
| 1 Year | -14.2%-16.5% | -13.7%-16.1% | -0.8%-3.0% |
| 3 Year | 39.8%29.8% | 37.9%28.5% | 38.1%29.1% |
| 5 Year | 70.0%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
5 days ago | Simply Wall St
Is Atlantic Union Bankshares Corporation (NASDAQ:AUB) Overpaying Its CEO?2 weeks ago | Simply Wall St
Here's Why I Think Atlantic Union Bankshares (NASDAQ:AUB) Might Deserve Your Attention Today4 weeks ago | Simply Wall St
Here's What We Like About Atlantic Union Bankshares Corporation (NASDAQ:AUB)'s Upcoming DividendValuation
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%).
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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.
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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.
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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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AUB | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/24 23:42 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.