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 Analysis

Flawless balance sheet established dividend payer.

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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's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: AUB underperformed the US Banks industry which returned -28.9% over the past year.

Return vs Market: AUB underperformed the US Market which returned -10% over the past year.

Shareholder returns

7 Day13.6%0.7%2.4%
30 Day3.0%-18.9%-11.0%
90 Day-35.7%-39.2%-19.4%
1 Year-28.5%-30.4%-26.8%-28.9%-8.1%-10.0%
3 Year-26.5%-31.8%-17.2%-23.3%17.3%9.6%
5 Year19.2%4.3%8.1%-4.4%36.1%21.1%

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


Is Atlantic Union Bankshares undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AUB ($21.28) is trading below our estimate of fair value ($40.9)

Significantly Below Fair Value: AUB is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: AUB is poor value based on its PE Ratio (8.8x) compared to the Banks industry average (8.7x).

PE vs Market: AUB is good value based on its PE Ratio (8.8x) compared to the US market (13x).

Price to Earnings Growth Ratio

PEG Ratio: AUB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: AUB is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).

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Future Growth

How is Atlantic Union Bankshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUB's earnings are forecast to decline over the next 3 years (-0.8% per year).

Earnings vs Market: AUB's earnings are forecast to decline over the next 3 years (-0.8% per year).

High Growth Earnings: AUB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AUB's revenue (0.3% per year) is forecast to grow slower than the US market (7% per year).

High Growth Revenue: AUB's revenue (0.3% 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 (8.1%).

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Past Performance

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


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AUB has high quality earnings.

Growing Profit Margin: AUB's current net profit margins (29.8%) are lower than last year (30%).

Past Earnings Growth Analysis

Earnings Trend: AUB's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: AUB's earnings growth over the past year (29.6%) exceeds its 5-year average (26.2% per year).

Earnings vs Industry: AUB earnings growth over the past year (29.6%) exceeded the Banks industry 10.8%.

Return on Equity

High ROE: AUB's Return on Equity (7.7%) is considered low.

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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

Financial Institutions Analysis

Asset Level: AUB's level of assets compared to its equity is low.

Allowance for Bad Loans: AUB has a sufficient allowance for bad loans.

Low Risk Liabilities: AUB's liabilities are made up of primarily low risk sources of funding.

Loan Level: AUB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AUB's loans are broadly funded by customer deposits.

Level of Bad Loans: AUB has an appropriate level of bad loans (0.22%)

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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AUB's dividend (4.7%) is higher than the bottom 25% of dividend payers in the US market (1.93%).

High Dividend: AUB's dividend (4.7%) is low compared to the top 25% of dividend payers in the US market (5.46%).

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 reasonably low payout ratio (39.7%), AUB's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: AUB's dividends in 3 years are forecast to be covered by earnings (57.1% payout ratio).

Next Steps


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


Average management tenure


John Asbury (53yo)





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 ($USD2.48M) is below average for companies of similar size in the US market ($USD4.67M).

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

Leadership Team

John Asbury
President3.25yrsUS$2.48m0.14% $2.6m
Robert Gorman
Executive VP & CFO7.75yrsUS$988.78k0.050% $921.6k
M. Brown
Executive VP5.17yrsUS$767.88k0.031% $571.6k
David Ring
Executive VP & Commercial Banking Group Executive2.58yrsUS$857.13k0.013% $249.6k
Maria Tedesco
Executive Vice Presidentno dataUS$1.24m0.014% $250.6k
William Cimino
Senior Vice President of Investor Relationsno datano datano data
Rachael Lape
Senior VPno datano datano data
Beth Shivak
VP & Director of Corporate Communicationsno datano datano data
L. Smith
Chief Marketing Officer & Senior VP3.25yrsno datano data
Loreen LaGatta
Executive VP & Chief Human Resources Officer4.33yrsno data0.023% $418.1k


Average Tenure


Average Age

Experienced Management: AUB's management team is considered experienced (3.8 years average tenure).

Board Members

John Asbury
President3.25yrsUS$2.48m0.14% $2.6m
Linda Schreiner
Independent Director7.83yrsUS$108.49k0.013% $247.0k
Gregory Fisher
Independent Director6.25yrsUS$104.66k0.024% $449.0k
W. Murphy
Independent Director27.25yrsUS$104.99k0.21% $3.8m
Ronald Tillett
Independent Chairman of the Board0.92yrUS$152.32k0.034% $638.9k
Patrick McCann
Independent Vice Chairman of the Board0.92yrUS$114.99k0.028% $512.3k
Patrick Corbin
Independent Director2.25yrsUS$108.32k0.039% $725.0k
Daniel Hansen
Independent Director12.42yrsUS$110.13k0.18% $3.3m
Keith Wampler
Independent Director6.25yrsUS$109.99k0.016% $303.1k
L. Armstrong
Independent Director9.42yrsUS$99.66k0.0031% $56.8k


Average Tenure


Average Age

Experienced Board: AUB's board of directors are considered experienced (6.3 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 21.8%.

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$1.855b
  • Shares outstanding: 78.86m
  • Website:

Number of Employees


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


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


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 products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and Internet banking services, and online bill payment services, as well as trust, and wealth management services to consumers and businesses. Further, the company offers securities, brokerage, and investment advisory services; and originates and sells mortgage loan products in the secondary market. As of February 1, 2020, it operated 149 branches and approximately 170 ATMs in Virginia, North Carolina, and Maryland. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/08 23:47
End of Day Share Price2020/04/08 00:00
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.