Atlantic Union Bankshares Corp

Financial Services US AUB

31.255USD
-0.265(0.84%)

Last update at 2025-06-13T16:57:00Z

Day Range

30.7131.37
LowHigh

52 Week Range

29.9244.54
LowHigh

Fundamentals

  • Previous Close 31.52
  • Market Cap3785.93M
  • Volume459758
  • P/E Ratio17.57
  • Dividend Yield3.21%
  • Revenue TTM741.15M
  • Revenue Per Share TTM8.99
  • Gross Profit TTM 683.76M
  • Diluted EPS TTM2.40

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 279.95M 318.76M 186.29M 231.25M 179.43M
Minority interest - - - - 0.00000M
Net income 234.51M 263.92M 158.23M 193.53M 146.25M
Selling general administrative 239.17M 254.61M 242.56M 237.34M 197.23M
Selling and marketing expenses 9.24M 9.88M 9.89M 11.57M 10.04M
Gross profit 696.21M 677.07M 686.78M 670.69M 503.76M
Reconciled depreciation 10.81M 13.90M 43.11M 39.98M 26.33M
Ebit 390.75M 318.76M 186.29M 231.09M 291.85M
Ebitda 401.56M 332.66M 202.87M 249.61M 304.69M
Depreciation and amortization 10.81M 13.90M 16.57M 18.52M 12.84M
Non operating income net other - - - - -
Operating income 390.75M 318.76M 186.29M 231.09M 278.36M
Other operating expenses -305.46500M -358.30700M -500.49000M -439.60200M 225.40M
Interest expense 76.17M 41.10M 98.16M 161.46M 102.10M
Tax provision 45.44M 54.84M 28.07M 37.56M 30.02M
Interest income 660.43M 592.36M 653.45M 699.33M 528.79M
Net interest income 584.26M 551.26M 555.30M 537.87M 426.69M
Extraordinary items - 0.00000M 0.00000M -0.17000M -3.16500M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 45.44M 54.84M 28.07M 37.56M 30.02M
Total revenue 696.21M 677.07M 686.78M 670.69M 510.97M
Total operating expenses -305.46500M -358.30700M -500.49000M -439.60200M -225.39900M
Cost of revenue - - - - 7.21M
Total other income expense net -110.79100M -41.09900M -98.15600M 0.17M -98.93200M
Discontinued operations - - - 0.06M 1.11M
Net income from continuing ops 234.51M 263.92M 158.23M 193.70M 149.41M
Net income applicable to common shares 222.64M 252.05M 152.57M 193.53M 146.25M
Preferred stock and other adjustments 11.87M 11.87M 5.66M - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 21166.20M 20461.14M 20064.80M 19628.45M 17562.99M
Intangible assets 19.18M 26.76M 43.31M 57.19M 73.67M
Earning assets - - - - 2828.98M
Other current assets 469.50M 85.89M 10560.14M 12354.91M 11548.79M
Total liab 18609.87M 18088.40M 388.72M 16919.96M 15049.89M
Total stockholder equity 2556.33M 2372.74M 2710.07M 2708.49M 2513.10M
Deferred long term liab - - - - -
Other current liab 90.00M -160.00000M 16611.07M -250.00000M -370.20000M
Common stock 99.15M 98.87M 100.10M 104.17M 105.83M
Capital stock 99.32M 99.05M 100.27M 104.34M 105.83M
Retained earnings 1018.07M 919.54M 783.79M 616.05M 581.39M
Other liab - 156.04M 237.06M 356.48M 110.12M
Good will 925.21M 925.21M 935.56M 935.56M 935.56M
Other assets 14634.19M 12741.07M 10560.14M 12354.91M 11548.79M
Cash 364.36M 318.49M 799.68M 491.28M 397.86M
Cash and equivalents - - - - -
Total current liabilities 810.00M 1016.00M 16728.94M 250.00M 370.20M
Current deferred revenue - - - - -
Net debt 746.67M 1247.37M -410.95300M 248.55M 1049.84M
Short term debt 720.00M 1176.00M - 250.00M 370.20M
Short long term debt 720.00M 1176.00M 0.00000M 250.00M 370.20M
Short long term debt total 1111.03M 1565.86M 388.72M 739.83M 1447.69M
Other stockholder equity 1782.29M 1772.44M 1807.37M 1917.08M 1790.31M
Property plant equipment - 118.24M 134.81M 163.83M 161.07M
Total current assets 2428.01M 3060.31M 4281.33M 3031.70M 2343.30M
Long term investments 3068.64M 3589.55M 4109.65M 17042.79M 15124.64M
Net tangible assets - 1420.59M 1731.03M 1715.57M 1503.87M
Short term investments 2231.26M 2741.82M 3481.65M 2540.42M 1945.44M
Net receivables - - - - -
Long term debt 391.02M 389.86M 388.72M 489.83M 1077.49M
Inventory - 0.08M 1.70M 2.77M 4.71M
Accounts payable - 15931.68M 16611.07M 15722.76M 13304.98M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -343.34900M -418.28600M 18.64M 71.02M 35.58M
Additional paid in capital - - - - -
Common stock total equity - 98.87M 100.10M 104.17M 105.83M
Preferred stock total equity - 0.17M 0.17M 0.17M -
Retained earnings total equity - 919.54M 783.79M 616.05M 581.39M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -1035.35300M -4659.76300M -5223.33000M -4241.84400M -3670.89100M
Deferred long term asset charges - - - - -
Non current assets total 4103.99M 4659.76M 5223.33M 4241.84M 3670.89M
Capital lease obligations - - - - -
Long term debt total - 389.86M 388.72M 489.83M 1077.49M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1137.31100M 1260.18M -990.46800M -537.45100M -406.37700M
Change to liabilities 108.39M -136.19600M 103.92M 12.91M 24.00M
Total cashflows from investing activities -1261.70000M -345.44200M -1918.30600M -425.40100M -770.03900M
Net borrowings 1200.97M -350.84400M -704.98100M -542.84300M 243.65M
Total cash from financing activities 375.18M 316.86M 1743.65M 405.44M 615.10M
Change to operating activities 68.88M -52.94800M -34.27300M -78.61600M 38.06M
Net income 234.51M 263.92M 158.23M 193.53M 146.25M
Change in cash -482.55300M 309.21M 57.26M 174.83M 61.83M
Begin period cash flow 802.50M 493.29M 436.03M 261.20M 199.37M
End period cash flow 319.95M 802.50M 493.29M 436.03M 261.20M
Total cash from operating activities 403.96M 337.79M 231.92M 194.80M 216.76M
Issuance of capital stock 3.88M 3.14M 167.37M 1.99M 2.35M
Depreciation 45.43M 50.73M 43.11M 39.98M 26.33M
Other cashflows from investing activities -121.53400M -1596.22400M -898.26500M 127.94M -365.36000M
Dividends paid -98.76700M -96.17500M -84.51800M -78.34500M 58.00M
Change to inventory - - - - 0.00000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock -48.23100M -125.00000M -49.87900M -80.28000M 715.76M
Other cashflows from financing activities 518.30M 899.59M 2496.65M 782.69M -5.00300M
Change to netincome 48.50M 134.55M 2.44M 6.62M 45.34M
Capital expenditures 2.85M 9.40M 29.57M 15.89M 121.56M
Change receivables - - - - -
Cash flows other operating -36.15700M 27.74M -67.37000M -50.33600M -18.44800M
Exchange rate changes - - - - -
Cash and cash equivalents changes -482.55300M 309.21M 57.26M 174.83M 61.83M
Change in working capital 68.88M -52.94800M -34.27300M -78.61600M 38.06M
Stock based compensation 10.61M 10.09M 9.26M 8.33M 6.13M
Other non cash items 19.48M 22.49M 52.91M 16.52M -17.82500M
Free cash flow 401.11M 328.39M 202.35M 178.91M 95.20M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
AUB
Atlantic Union Bankshares Corp
-0.265 0.84% 31.25 17.57 10.28 5.11 1.20 5.92
HDB
HDFC Bank Limited ADR
-1.95 2.57% 73.93 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.32 0.96% 32.98 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 6.50 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
-0.405 1.21% 33.09 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. The company accepts various deposit products, including checking, savings, time deposit, and money market accounts; certificates of deposit; and other depository services. It also provides loans for commercial, industrial, residential mortgage, and consumer purposes, as well as debit and credit cards. In addition, it provides treasury management and capital market, wealth management, private banking, trust, financial and retirement planning, brokerage, investment management, equipment finance, mortgage banking, and insurance products and services. The company offers products and services through full-service branches and ATMs, as well as through its mobile and internet banking. 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 Glen Allen, Virginia.

Atlantic Union Bankshares Corp

4300 Cox Road, Glen Allen, VA, United States, 23060

Key Executives

Name Title Year Born
Mr. John C. Asbury Pres, CEO & Director 1966
Mr. Robert Michael Gorman Exec. VP & CFO 1958
Mr. David V. Ring Exec. VP & Wholesale Banking Group Exec. 1964
Ms. Maria P. Tedesco Exec. VP 1961
Mr. William P. Cimino Sr. VP & Director of Investor Relations NA
Ms. Rachael R. Lape Exec. VP, Gen. Counsel & Corp. Sec. 1973
Ms. Beth Shivak VP & Director of Corp. Communications NA
Mr. L. Duane Smith Jr. Chief Marketing Officer & Sr. VP 1968
Clare Miller Exec. VP & Chief HR Officer NA
Mr. Rawley H. Watson III, CPA Chief Audit Exec. NA

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