Hovde Group initiated coverage on Atlantic Union Bankshares with a new price target
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Hovde Group initiated coverage of Atlantic Union Bankshares with a rating of Outperform and set a new price target of $41.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $46.00 → $40.00 | Outperform | Hovde Group |
| 1/27/2025 | $47.00 → $46.00 | Outperform | Hovde Group |
| 1/13/2025 | $51.00 | Overweight | Piper Sandler |
| 9/13/2024 | $46.00 → $45.00 | Outperform | Hovde Group |
| 7/26/2024 | $40.00 → $46.00 | Outperform | Hovde Group |
| 9/13/2023 | $36.00 | Overweight | Stephens |
| 4/6/2023 | $42.00 → $36.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 3/3/2023 | $43.00 | Outperform | Raymond James |
SC 13G - Atlantic Union Bankshares Corp (0000883948) (Subject)
SC 13G/A - Atlantic Union Bankshares Corp (0000883948) (Subject)
SC 13G/A - Atlantic Union Bankshares Corp (0000883948) (Subject)
Atlantic Union Bankshares Corporation (the "Company" or "Atlantic Union") (NYSE:AUB) reported net income available to common shareholders of $46.9 million and basic and diluted earnings per common share of $0.53 and $0.52, respectively, for the first quarter of 2025 and adjusted operating earnings available to common shareholders(1) of $51.6 million and adjusted diluted operating earnings per common share(1) of $0.57 for the first quarter of 2025. Merger with Sandy Spring Bancorp, Inc. ("Sandy Spring") and Full Physical Settlement of the Forward Sale Agreements On April 1, 2025, the Company completed its merger with Sandy Spring. Under the terms of the merger agreement, at the effective t
Atlantic Union Bankshares Corporation ("Atlantic Union") announced that it has completed its previously announced merger with Sandy Spring Bancorp, Inc. ("Sandy Spring") today. This transaction strengthens Atlantic Union's presence in Virginia and Maryland and creates the largest regional banking franchise headquartered in the lower Mid-Atlantic. Under the terms of the merger agreement, each share of Sandy Spring common stock was converted into the right to receive 0.900 shares of Atlantic Union common stock, with cash to be paid in lieu of fractional shares. Based on the closing price of Atlantic Union common stock of $31.14 on Monday, March 31, 2025, the aggregate transaction value was a
Atlantic Union Bankshares Corporation (the "Company") today announced that it will release first quarter 2025 financial results before the market opens on Thursday, April 24, 2025. Following the release, the Company will host a conference call and webcast for investors at 9:00 a.m. Eastern Time on Thursday, April 24, 2025. The listen-only webcast and the accompanying slides can be accessed at: https://edge.media-server.com/mmc/p/3hko8gh5. For analysts who wish to participate in the conference call, please register at the following URL: https://register-conf.media-server.com/register/BI7cdca0ca853c407f8506fb4f9b4f3640. To participate in the conference call, you must use the link to receiv
8-K - Atlantic Union Bankshares Corp (0000883948) (Filer)
8-K - Atlantic Union Bankshares Corp (0000883948) (Filer)
S-8 - Atlantic Union Bankshares Corp (0000883948) (Filer)
Hovde Group reiterated coverage of Atlantic Union Bankshares with a rating of Outperform and set a new price target of $40.00 from $46.00 previously
Hovde Group reiterated coverage of Atlantic Union Bankshares with a rating of Outperform and set a new price target of $46.00 from $47.00 previously
Piper Sandler resumed coverage of Atlantic Union Bankshares with a rating of Overweight and set a new price target of $51.00
Atlantic Union Bankshares Corporation (the "Company" or "Atlantic Union") (NYSE:AUB) reported net income available to common shareholders of $46.9 million and basic and diluted earnings per common share of $0.53 and $0.52, respectively, for the first quarter of 2025 and adjusted operating earnings available to common shareholders(1) of $51.6 million and adjusted diluted operating earnings per common share(1) of $0.57 for the first quarter of 2025. Merger with Sandy Spring Bancorp, Inc. ("Sandy Spring") and Full Physical Settlement of the Forward Sale Agreements On April 1, 2025, the Company completed its merger with Sandy Spring. Under the terms of the merger agreement, at the effective t
Atlantic Union Bankshares Corporation (the "Company") today announced that it will release first quarter 2025 financial results before the market opens on Thursday, April 24, 2025. Following the release, the Company will host a conference call and webcast for investors at 9:00 a.m. Eastern Time on Thursday, April 24, 2025. The listen-only webcast and the accompanying slides can be accessed at: https://edge.media-server.com/mmc/p/3hko8gh5. For analysts who wish to participate in the conference call, please register at the following URL: https://register-conf.media-server.com/register/BI7cdca0ca853c407f8506fb4f9b4f3640. To participate in the conference call, you must use the link to receiv
The Board of Directors (the "Board") of Atlantic Union Bankshares Corporation (the "Company") has declared a quarterly dividend of $0.34 per share of common stock, which is the same as the fourth quarter of 2024 and a $0.02, or an approximately 6%, increase from the dividend in the first quarter of 2024. Based on the Company's common stock closing price of $37.41 on January 30, 2025, the dividend yield is approximately 3.6%. The common stock dividend is payable on February 28, 2025 to common shareholders of record as of February 14, 2025. The Board also declared a quarterly dividend on the outstanding shares of the Company's 6.875% Perpetual Non-Cumulative Preferred Stock, Series A (the "
Tenured C-suite leader brings track record of driving innovation in financial services and tech sectors WisdomTree, Inc. (NYSE:WT), a global financial innovator, today announced that Rilla Delorier, an accomplished leader with over 30 years of executive experience leading digital transformation across the banking sector, has been appointed to WisdomTree's Board of Directors, having received the full support of the Board. Win Neuger, Chair of the WisdomTree Board, said, "Rilla is a powerhouse of digital transformation in financial services and will be a tremendous asset to our Board. She has a demonstrated ability to accelerate innovation and streamline operations, and her strategic expe
RICHMOND, Va., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Heather Cox has been appointed to its Board of Directors, effective immediately. "Heather's extensive background in technology and banking will be a great addition to our Board," said Ronald L. Tillett, Chairman of the Company's Board of Directors. "Her deep industry knowledge will complement the background of our Board members as we continue to transform Atlantic Union Bankshares into the premier mid-Atlantic regional bank and we are excited to have her join our team." Cox, 51, was most recently Chief Digital Health and Analytics Officer at Humana. Prior to her role at Humana,
RICHMOND, Va., June 16, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Rilla Delorier has been appointed to its Board of Directors, effective immediately. "We are excited to welcome Rilla as the newest member of our Board," said Ronald L. Tillett, Chairman of the Company's Board of Directors. "Rilla has an extensive background in multiple banking disciplines, including marketing, technology, and strategic planning. She excels in bringing innovation to companies and building a strong customer-centric culture. Her skills will be a great addition to our Board as we continue to transform Atlantic Union Bankshares into the premier mid-Atlantic regional bank
4 - Atlantic Union Bankshares Corp (0000883948) (Issuer)
4 - Atlantic Union Bankshares Corp (0000883948) (Issuer)
4 - Atlantic Union Bankshares Corp (0000883948) (Issuer)
4 - Atlantic Union Bankshares Corp (0000883948) (Issuer)
4 - Atlantic Union Bankshares Corp (0000883948) (Issuer)