$40.660
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AUB News
AUB Events
Atlantic Union Reports Strong Q2 Financial Results
"Atlantic Union delivered strong second quarter financial results, driven by well-distributed loan growth, deposit growth, and solid asset quality," said John Asbury, president and CEO of Atlantic Union. "Our core operating performance demonstrates the company's earnings power and shows that our investments to enhance the franchise are producing results. We believe Atlantic Union is well positioned to deliver differentiated financial performance relative to peers."
Spiral Partners with Atlantic Union Bank
Spiral announced a partnership with Atlantic Union Bank. The partnership will enable Atlantic Union Bank to grow and retain deposits at a low cost while delivering innovative, personalized digital experiences. With Spiral, customers can effortlessly save for their financial goals through everyday purchases and digital banking, while also supporting local nonprofits and community causes.
Atlantic Union Bank Executive Woolley Plans to Retire on April 1, 2027
Atlantic Union Bank announced that Doug Woolley, executive vice president and chief credit officer, plans to retire effective April 1, 2027. Woolley will continue to serve in his current role until the earlier of his successor's appointment or the date of his retirement. Atlantic Union Bank has engaged an executive search firm and initiated a nationwide search to identify a successor, including consideration of both internal and external candidates.
Atlantic Union Bankshares Authorizes $250 Million Stock Buyback
The Board of Directors of Atlantic Union Bankshares Corporation has authorized the repurchase of up to $250 million worth of the Company's common stock through May 5, 2027.
Atlantic Union Reports Strong Q1, Confidence in 2026 Financial Targets
"Atlantic Union had a solid first quarter, reflecting disciplined execution and a successful conclusion of the Sandy Spring Bancorp, Inc. integration," said John Asbury, president and CEO of Atlantic Union. "Asset quality remains strong, our annualized first quarter loan growth rate improved year over year during a seasonally slow period and we continued to reduce higher costing brokered deposits. The underlying operating performance supports our continued confidence in achieving the financial metrics we established for the full year 2026 -namely, the targets for adjusted operating return on assets, return on tangible common equity, and efficiency ratio.
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