Atlantic Union Bankshares Corporation (NYSE: AUB) Reports Strong Third-Quarter Earnings
- Earnings per share of $0.83, surpassing the estimated $0.82, showcasing AUB's profitability.
- Revenue reached approximately $358.8 million, significantly exceeding expectations and highlighting robust revenue-generating capabilities.
- AUB announced the acquisition of Sandy Spring Bank, aiming to enhance its market position and complete the integration of American National Bankshares.
Atlantic Union Bankshares Corporation (NYSE: AUB) is a financial holding company that provides a range of banking and financial services. It operates primarily in Virginia, Maryland, and North Carolina. AUB competes with other regional banks, offering services like personal banking, business banking, and wealth management. The company is known for its strategic acquisitions to expand its market presence.
On October 21, 2024, AUB reported its third-quarter earnings, showcasing a strong financial performance. The company achieved earnings per share of $0.83, surpassing the estimated $0.82. This indicates AUB's ability to generate higher profits than anticipated. The revenue reported was approximately $358.8 million, significantly exceeding the estimated $225.9 million, highlighting the company's robust revenue-generating capabilities.
During the earnings call, key executives, including John Asbury, President and CEO, and Robert Gorman, CFO, discussed the company's strategic moves. AUB announced its acquisition of Sandy Spring Bank, a move expected to enhance its market position. The integration of American National Bankshares has been completed, and AUB is expanding its teams in North Carolina, a region with promising growth potential.
AUB's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 15.61, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio is 9.03, reflecting the market's valuation of its revenue. The enterprise value to sales ratio is 11.39, suggesting how the market values the company's total worth relative to its sales.
Despite a low current ratio of 0.037, which may indicate potential liquidity concerns, AUB maintains a conservative capital structure with a debt-to-equity ratio of 0.27. This shows the company's cautious approach to using debt. The earnings yield of 6.41% represents the return on investment, providing a measure of profitability for investors.
| Symbol | Price | %chg |
|---|---|---|
| BBCA.JK | 8075 | -1.24 |
| BBRI.JK | 4050 | 0.49 |
| BMRI.JK | 4730 | 1.06 |
| BBNI.JK | 4380 | 0.46 |
Atlantic Union Bankshares Corporation's Insider Buying and Financial Performance
- Asbury John C, the PRESIDENT AND CEO of NASDAQ:AUB, purchased 7,500 shares, signaling confidence in the company's future.
- Atlantic Union reported strong quarterly earnings with an EPS of $0.95, surpassing the Zacks Consensus Estimate.
- The company achieved revenue of $407.26 million for the quarter, exceeding expectations and showcasing its financial strength.
Atlantic Union Bankshares Corporation, listed on the NASDAQ as AUB, is a financial holding company that provides a range of banking and financial services. The company operates through its subsidiary, Atlantic Union Bank, offering services such as personal and business banking, loans, and wealth management. AUB competes with other regional banks in the United States, striving to deliver value to its shareholders and customers.
On July 28, 2025, Asbury John C, the director, officer, and PRESIDENT AND CEO of NASDAQ:AUB, made a notable move by purchasing 7,500 shares of the company's common stock at $32.91 each. This transaction increased his total holdings to 270,532 shares. Such insider buying can often signal confidence in the company's future prospects, as insiders typically have a deep understanding of the company's operations and potential.
Atlantic Union recently reported strong quarterly earnings, with earnings per share (EPS) of $0.95, surpassing the Zacks Consensus Estimate of $0.80. This represents a significant improvement from the $0.63 EPS reported in the same quarter last year. The earnings surprise for this quarter is +18.75%, indicating the company's robust financial performance and effective management strategies.
In terms of revenue, Atlantic Union achieved $407.26 million for the quarter ending June 2025, exceeding the Zacks Consensus Estimate by 9.78%. This is a substantial increase compared to the $212.16 million in revenue from the previous year. Over the past four quarters, AUB has exceeded consensus revenue estimates twice, showcasing its ability to consistently deliver strong financial results.
The stock for NASDAQ:AUB is currently priced at $32.95, reflecting a slight increase of 0.27% or $0.09. During the trading day, the stock has fluctuated between a low of $32.53 and a high of $33.25. Over the past year, AUB has reached a high of $44.54 and a low of $22.85. With a market capitalization of approximately $4.69 billion and a trading volume of 776,340 shares, AUB remains a significant player in the regional banking sector.
Atlantic Union Bankshares Corporation (NYSE: AUB) Reports Strong Third-Quarter Earnings
- Earnings per share of $0.83, surpassing the estimated $0.82, showcasing AUB's profitability.
- Revenue reached approximately $358.8 million, significantly exceeding expectations and highlighting robust revenue-generating capabilities.
- AUB announced the acquisition of Sandy Spring Bank, aiming to enhance its market position and complete the integration of American National Bankshares.
Atlantic Union Bankshares Corporation (NYSE: AUB) is a financial holding company that provides a range of banking and financial services. It operates primarily in Virginia, Maryland, and North Carolina. AUB competes with other regional banks, offering services like personal banking, business banking, and wealth management. The company is known for its strategic acquisitions to expand its market presence.
On October 21, 2024, AUB reported its third-quarter earnings, showcasing a strong financial performance. The company achieved earnings per share of $0.83, surpassing the estimated $0.82. This indicates AUB's ability to generate higher profits than anticipated. The revenue reported was approximately $358.8 million, significantly exceeding the estimated $225.9 million, highlighting the company's robust revenue-generating capabilities.
During the earnings call, key executives, including John Asbury, President and CEO, and Robert Gorman, CFO, discussed the company's strategic moves. AUB announced its acquisition of Sandy Spring Bank, a move expected to enhance its market position. The integration of American National Bankshares has been completed, and AUB is expanding its teams in North Carolina, a region with promising growth potential.
AUB's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 15.61, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio is 9.03, reflecting the market's valuation of its revenue. The enterprise value to sales ratio is 11.39, suggesting how the market values the company's total worth relative to its sales.
Despite a low current ratio of 0.037, which may indicate potential liquidity concerns, AUB maintains a conservative capital structure with a debt-to-equity ratio of 0.27. This shows the company's cautious approach to using debt. The earnings yield of 6.41% represents the return on investment, providing a measure of profitability for investors.
