headquartered in richmond, virginia, union bankshares corporation (nasdaq: ubsh), is the holding company for union bank & trust (union), formerly union first market bank. union is the largest community banking institution in the commonwealth of virginia, operating in all major virginia markets, made up of 131 branches and more than 200 atms. non-bank affiliates of the holding company include: union investment services, inc., which provides full brokerage services; union mortgage group, inc., which provides a full line of mortgage products; and union insurance group, llc, which offers various lines of insurance products. additional information on the company is available at http://investors.bankatunion.com union's social community guidelines are available at http://www.bankatunion.com/home/fifiles/static/documents/socialmediacommunityguidelines.pdf member fdic | equal housing lender
Company profile
Ticker
AUB, AUB+A
Exchange
Website
CEO
John C. Asbury
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
UNION BANKSHARES CORP, Union Bankshares Corp, UNION FIRST MARKET BANKSHARES CORP
SEC CIK
Corporate docs
Subsidiaries
Atlantic Union Equipment Finance, Inc. • AUB Investments, Inc. • Atlantic Union Financial Consultants, LLC • Union Insurance Group, LLC • Atlantic Union Public Finance, Inc. ...
IRS number
540412820
AUB stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
10 May 24
8-K/A
Departure of Directors or Certain Officers
9 May 24
8-K
Submission of Matters to a Vote of Security Holders
9 May 24
8-K
Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
7 May 24
8-K
Regulation FD Disclosure
7 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Atlantic Union Bankshares Reports First Quarter Financial Results
23 Apr 24
8-K/A
Report of Independent Registered Public Accounting Firm
18 Apr 24
8-K
Completion of Acquisition or Disposition of Assets
1 Apr 24
8-K
First Quarter 2024 Financial Results
27 Mar 24
Transcripts
AUB
Earnings call transcript
2024 Q1
23 Apr 24
AUB
Earnings call transcript
2023 Q4
23 Jan 24
AUB
Earnings call transcript
2023 Q3
19 Oct 23
AUB
Earnings call transcript
2023 Q2
25 Jul 23
AUB
Earnings call transcript
2023 Q2
25 Jul 23
AUB
Earnings call transcript
2023 Q2
25 Jul 23
AUB
Earnings call transcript
2023 Q1
25 Apr 23
AUB
Earnings call transcript
2022 Q4
24 Jan 23
AUB
Earnings call transcript
2022 Q3
20 Oct 22
AUB
Earnings call transcript
2022 Q2
21 Jul 22
Latest ownership filings
144
Notice of proposed sale of securities
10 May 24
13F-HR
Quarterly holdings report by institutional manager
16 Apr 24
4
THOMAS G SNEAD JR
3 Apr 24
4
Michelle A. O'Hara
3 Apr 24
4
Patrick E. Corbin
3 Apr 24
4
Paul Engola
3 Apr 24
4
Frederick Blair Wimbush
3 Apr 24
4
Rilla S Delorier
3 Apr 24
4
Frank Russell Ellett
3 Apr 24
4
DONALD R KIMBLE
3 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 398.95 mm | 398.95 mm | 398.95 mm | 398.95 mm | 398.95 mm | 398.95 mm |
Cash burn (monthly) | 9.77 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 72.01 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 326.93 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 33.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
43.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 195 |
Opened positions | 25 |
Closed positions | 70 |
Increased positions | 69 |
Reduced positions | 69 |
13F shares | Current |
---|---|
Total value | 1.35 tn |
Total shares | 39.15 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 9.29 mm | $339.49 bn |
Dimensional Fund Advisors | 4.92 mm | $179.69 bn |
STT State Street | 3.73 mm | $136.48 bn |
Manufacturers Life Insurance Company, The | 1.72 mm | $62.96 bn |
Victory Capital Management | 1.45 mm | $52.98 bn |
GW&K Investment Management | 1.27 mm | $46.42 mm |
NTRS Northern Trust | 1.00 mm | $36.57 bn |
GS Goldman Sachs | 971.36 k | $35.49 bn |
BEN Franklin Resources | 892.88 k | $32.63 bn |
BK Bank Of New York Mellon | 845.31 k | $30.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Joel R Shephard | Common Stock | Grant | Acquire A | Yes | No | 0 | 135 | 0.00 | 135 |
1 Apr 24 | Joel R Shephard | Common Stock | Grant | Acquire A | No | No | 0 | 108,077 | 0.00 | 108,077 |
1 Apr 24 | Nancy H Agee | Common Stock | Grant | Acquire A | No | No | 0 | 31,414 | 0.00 | 31,414 |
1 Apr 24 | Nancy H Agee | Common Stock | Grant | Acquire A | No | No | 0 | 460 | 0.00 | 31,874 |
News
Piper Sandler Maintains Overweight on Atlantic Union Bankshares, Lowers Price Target to $38
29 Apr 24
Stephens & Co. Maintains Overweight on Atlantic Union Bankshares, Lowers Price Target to $40
24 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on Atlantic Union Bankshares, Lowers Price Target to $35
24 Apr 24
Earnings Scheduled For April 23, 2024
23 Apr 24
Press releases
Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
7 May 24
Atlantic Union Bankshares Corporation To Release First Quarter 2024 Financial Results
27 Mar 24
SolaREIT™ Announces New $30 Million Revolving Credit Facility with Atlantic Union Bank
28 Feb 24
Atlantic Union Bankshares Corporation Announces Receipt of Regulatory Approvals to Complete Merger with American National Bankshares Inc.
23 Feb 24