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
Completion of Acquisition or Disposition of Assets
1 Apr 24
8-K
First Quarter 2024 Financial Results
27 Mar 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
8-K
Other Events
23 Feb 24
8-K
Departure of Directors or Certain Officers
13 Feb 24
8-K
Regulation FD Disclosure
1 Feb 24
8-K/A
Departure of Directors or Certain Officers
29 Jan 24
8-K
Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
26 Jan 24
Transcripts
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 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
AUB
Earnings call transcript
2022 Q1
21 Apr 22
AUB
Earnings call transcript
2021 Q4
25 Jan 22
AUB
Earnings call transcript
2021 Q3
25 Oct 21
Latest ownership filings
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
4
RONALD L TILLETT
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) | 64.71 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 334.24 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 34.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
78.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 240 |
Opened positions | 34 |
Closed positions | 16 |
Increased positions | 68 |
Reduced positions | 89 |
13F shares | Current |
---|---|
Total value | 1.69 tn |
Total shares | 58.94 mm |
Total puts | 700.00 |
Total calls | 86.70 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 10.99 mm | $316.36 bn |
Vanguard | 9.18 mm | $264.18 bn |
Dimensional Fund Advisors | 4.89 mm | $140.70 bn |
STT State Street | 3.40 mm | $97.97 bn |
WHG Westwood | 2.47 mm | $70.99 bn |
Manufacturers Life Insurance Company, The | 1.71 mm | $49.27 bn |
Geode Capital Management | 1.53 mm | $44.16 bn |
Victory Capital Management | 1.41 mm | $40.55 bn |
GW&K Investment Management | 1.32 mm | $37.91 bn |
AMP Ameriprise Financial | 1.09 mm | $31.44 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 |
Press releases
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
Atlantic Union Bankshares Corporation Declares Quarterly Common Stock Dividend and Preferred Stock Dividend
26 Jan 24
Atlantic Union Bankshares Reports Fourth Quarter and Full Year Financial Results
23 Jan 24