Atlantic Union Bankshares Corp - Understand $aub stock

$AUB Market Cap: $3.842 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$908.3M

TTM

Gross Margin

Net Earnings

$205.3M

TTM

Current Assets

Current Liabilities

$140.0M

Q3 2024

Current Ratio

Total Assets

$24.80B

Q3 2024

Total Liabilities

$21.62B

Q3 2024

Book Value

$3.182B

Q3 2024

Cash

$528.1M

Q3 2024

P/E

18.71

Nov 29, 2024 EST

Free Cash Flow

$250.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	$954.5M	$660.4M	$592.4M	$653.5M	$699.3M	$528.8M	$329.0M	$293.7M	$276.8M	$274.9M
YoY Change	44.52%	11.49%	-9.35%	-6.56%	32.25%	60.7%	12.02%	6.13%	0.66%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$954.5M	$660.4M	$592.4M	$653.5M	$699.3M	$528.8M	$329.0M	$293.7M	$276.8M	$274.9M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.91M	$14.16M	$15.89M	$15.22M	$15.03M	$13.73M	$11.18M	$10.22M	$10.80M	$10.70M	$18.30M	$22.10M	$26.90M	$20.10M	$9.500M	$7.800M	$7.200M	$6.300M	$5.000M	$4.700M	$4.200M	$4.000M	$3.500M	$3.000M	$2.800M	$1.500M	$1.400M	$1.100M	$900.0K	$800.0K	$600.0K
YoY Change	-8.79%	-10.88%	4.38%	1.24%	9.52%	22.73%	9.48%	-5.42%	0.93%	-41.53%	-17.19%	-17.84%	33.83%	111.58%	21.79%	8.33%	14.29%	26.0%	6.38%	11.9%	5.0%	14.29%	16.67%	7.14%	86.67%	7.14%	27.27%	22.22%	12.5%	33.33%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$343.4M	$76.17M	$41.10M	$98.16M	$161.5M	$102.1M	$50.04M	$29.77M	$24.94M	$19.93M
YoY Change	350.86%	85.34%	-58.13%	-39.21%	58.14%	104.04%	68.08%	19.38%	25.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Pretax Income	$239.9M	$280.0M	$318.8M	$186.3M	$231.3M	$179.4M	$105.0M	$101.8M	$90.39M	$70.29M	$47.30M	$49.70M	$41.70M	$31.50M	$5.900M	$18.80M	$26.20M	$35.90M	$35.40M	$24.80M	$22.90M	$19.30M	$14.60M	$8.800M	$6.900M	$8.500M	$10.40M	$10.10M	$8.800M	$8.600M	$6.500M
YoY Change	-14.31%	-12.17%	71.11%	-19.44%	28.88%	70.94%	3.07%	12.67%	28.59%	48.6%	-4.83%	19.18%	32.38%	433.9%	-68.62%	-28.24%	-27.02%	1.41%	42.74%	8.3%	18.65%	32.19%	65.91%	27.54%	-18.82%	-18.27%	2.97%	14.77%	2.33%	32.31%	4.84%
Income Tax	$38.08M	$45.44M	$54.84M	$28.07M	$37.56M	$30.02M	$32.79M	$25.94M	$23.31M	$18.13M	$12.90M	$14.30M	$11.30M	$8.600M	$900.0K	$4.300M	$6.500M	$10.00M	$10.60M	$6.900M	$6.300M	$4.800M	$2.900M	$1.200M	$600.0K	$1.700M	$2.300M	$2.400M	$2.100M	$1.900M	$1.300M
% Of Pretax Income	15.87%	16.23%	17.2%	15.07%	16.24%	16.73%	31.24%	25.47%	25.79%	25.79%	27.27%	28.77%	27.1%	27.3%	15.25%	22.87%	24.81%	27.86%	29.94%	27.82%	27.51%	24.87%	19.86%	13.64%	8.7%	20.0%	22.12%	23.76%	23.86%	22.09%	20.0%
Net Earnings	$190.0M	$222.6M	$263.9M	$158.2M	$193.5M	$146.2M	$72.92M	$77.48M	$67.08M	$52.16M	$34.40M	$35.40M	$30.40M	$22.90M	$5.000M	$14.50M	$19.80M	$26.00M	$24.80M	$17.90M	$16.70M	$14.50M	$11.70M	$7.600M	$6.300M	$6.800M	$8.200M	$7.700M	$6.800M	$6.700M	$5.200M
YoY Change	-14.68%	-15.64%	66.8%	-18.24%	32.33%	100.55%	-5.88%	15.5%	28.59%	51.64%	-2.82%	16.45%	32.75%	358.0%	-65.52%	-26.77%	-23.85%	4.84%	38.55%	7.19%	15.17%	23.93%	53.95%	20.63%	-7.35%	-17.07%	6.49%	13.24%	1.49%	28.85%	8.33%
Net Earnings / Revenue	19.9%	33.71%	44.55%	24.21%	27.67%	27.66%	22.16%	26.38%	24.24%	18.97%
Basic Earnings Per Share	$2.53	$2.97	$3.26	$1.93	$2.41	$2.22	$1.67	$1.77	$1.49	$1.13
Diluted Earnings Per Share	$2.53	$2.970M	$3.26	$1.93	$2.41	$2.22	$1.67	$1.77	$1.49	$1.13	$1.376M	$1.367M	$1.169M	$905.1K	$328.9K	$1.074M	$1.478M	$1.940M	$1.865M	$1.409M	$1.452M	$1.272M	$1.035M	$672.6K	$562.5K	$601.8K	$732.1K	$687.5K	$635.5K	$632.1K	$530.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$90.96M	$118.2M	$182.0M	$219.0M	$216.0M	$147.0M	$120.0M	$122.0M	$126.0M	$135.0M	$83.00M	$85.00M	$91.00M	$91.00M	$79.00M	$77.00M	$76.00M	$63.00M	$45.00M	$41.00M	$27.00M	$22.00M	$19.00M	$20.00M	$21.00M	$21.00M	$17.00M	$14.00M	$10.00M	$8.000M	$7.000M
YoY Change	-23.07%	-35.03%	-16.89%	1.39%	46.94%	22.5%	-1.64%	-3.17%	-6.67%	62.65%	-2.35%	-6.59%	0.0%	15.19%	2.6%	1.32%	20.63%	40.0%	9.76%	51.85%	22.73%	15.79%	-5.0%	-4.76%	0.0%	23.53%	21.43%	40.0%	25.0%	14.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets					$1.000M	$1.000M
YoY Change					0.0%
Total Long-Term Assets
YoY Change
Total Assets	$21.17B	$20.46B	$20.07B	$19.63B	$17.56B	$13.77B	$9.315B	$8.427B	$7.693B	$7.359B	$4.177B	$4.096B	$3.907B	$3.837B	$2.587B	$2.552B	$2.301B	$2.093B	$1.825B	$1.672B	$1.235B	$1.116B	$983.0M	$882.0M	$822.0M	$734.0M	$616.0M	$541.0M	$505.0M	$415.0M	$378.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$78.04M	$47.70M	$51.00M	$59.00M	$66.00M
YoY Change	63.63%	-6.48%	-13.56%	-10.61%
Deferred Revenue
YoY Change
Short-Term Debt	$920.8M	$1.319B	$118.0M	$251.0M	$66.00M	$44.00M	$49.00M	$59.00M	$85.00M	$52.00M	$84.00M	$193.0M	$123.0M	$153.0M	$226.0M	$250.0M	$343.0M	$123.0M	$127.0M	$93.00M	$43.00M	$45.00M	$41.00M	$31.00M	$39.00M	$19.00M	$27.00M	$27.00M	$31.00M	$21.00M	$11.00M
YoY Change	-30.18%	1017.66%	-52.99%	280.3%	50.0%	-10.2%	-16.95%	-30.59%	63.46%	-38.1%	-56.48%	56.91%	-19.61%	-32.3%	-9.6%	-27.11%	178.86%	-3.15%	36.56%	116.28%	-4.44%	9.76%	32.26%	-20.51%	105.26%	-29.63%	0.0%	-12.9%	47.62%	90.91%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$920.8M	$47.70M	$51.00M	$59.00M	$66.00M	$44.00M	$49.00M	$59.00M	$85.00M	$52.00M	$84.00M	$193.0M	$123.0M	$153.0M	$226.0M	$250.0M	$343.0M	$123.0M	$127.0M	$93.00M	$43.00M	$45.00M	$41.00M	$31.00M	$39.00M	$19.00M	$27.00M	$27.00M	$31.00M	$21.00M	$11.00M
YoY Change	1830.63%	-6.48%	-13.56%	-10.61%	50.0%	-10.2%	-16.95%	-30.59%	63.46%	-38.1%	-56.48%	56.91%	-19.61%	-32.3%	-9.6%	-27.11%	178.86%	-3.15%	36.56%	116.28%	-4.44%	9.76%	32.26%	-20.51%	105.26%	-29.63%	0.0%	-12.9%	47.62%	90.91%
Long-Term Debt	$391.0M	$389.9M	$398.0M	$300.0M	$297.0M	$668.0M	$425.0M	$413.0M	$291.0M	$300.0M	$199.0M	$137.0M	$155.0M	$155.0M	$140.0M	$150.0M	$70.00M	$89.00M	$47.00M	$90.00M	$66.00M	$62.00M	$63.00M	$74.00M	$54.00M	$28.00M	$24.00M	$11.00M	$1.000M	$1.000M	$0.00
YoY Change	0.3%	-2.04%	32.67%	1.01%	-55.54%	57.18%	2.91%	41.92%	-3.0%	50.75%	45.26%	-11.61%	0.0%	10.71%	-6.67%	114.29%	-21.35%	89.36%	-47.78%	36.36%	6.45%	-1.59%	-14.86%	37.04%	92.86%	16.67%	118.18%	1000.0%	0.0%
Other Long-Term Liabilities	$479.9M	$448.0M	$177.0M	$287.0M	$165.0M	$114.0M	$58.00M	$56.00M	$54.00M	$56.00M	$38.00M	$33.00M	$32.00M	$31.00M	$23.00M	$18.00M	$17.00M	$16.00M	$15.00M	$12.00M	$8.000M	$6.000M	$6.000M	$6.000M	$13.00M	$5.000M	$7.000M	$4.000M	$4.000M	$3.000M	$2.000M
YoY Change	7.11%	153.12%	-38.33%	73.94%	44.74%	96.55%	3.57%	3.7%	-3.57%	47.37%	15.15%	3.13%	3.23%	34.78%	27.78%	5.88%	6.25%	6.67%	25.0%	50.0%	33.33%	0.0%	0.0%	-53.85%	160.0%	-28.57%	75.0%	0.0%	33.33%	50.0%
Total Long-Term Liabilities	$870.9M	$837.9M	$575.0M	$587.0M	$462.0M	$782.0M	$483.0M	$469.0M	$345.0M	$356.0M	$237.0M	$170.0M	$187.0M	$186.0M	$163.0M	$168.0M	$87.00M	$105.0M	$62.00M	$102.0M	$74.00M	$68.00M	$69.00M	$80.00M	$67.00M	$33.00M	$31.00M	$15.00M	$5.000M	$4.000M	$2.000M
YoY Change	3.94%	45.72%	-2.04%	27.06%	-40.92%	61.9%	2.99%	35.94%	-3.09%	50.21%	39.41%	-9.09%	0.54%	14.11%	-2.98%	93.1%	-17.14%	69.35%	-39.22%	37.84%	8.82%	-1.45%	-13.75%	19.4%	103.03%	6.45%	106.67%	200.0%	25.0%	100.0%
Total Liabilities	$18.61B	$18.09B	$17.36B	$16.92B	$15.05B	$11.84B	$8.269B	$7.426B	$6.698B	$6.381B	$3.738B	$3.660B	$3.485B	$3.409B	$2.305B	$2.278B	$2.089B	$1.893B	$1.646B	$1.509B	$1.116B	$1.010B	$894.0M	$804.0M	$753.0M	$661.0M	$547.0M	$482.0M	$452.0M	$372.0M	$339.0M
YoY Change	2.88%	4.23%	2.57%	12.43%	27.1%	43.2%	11.35%	10.87%	4.97%	70.71%	2.13%	5.02%	2.23%	47.9%	1.19%	9.05%	10.35%	15.01%	9.08%	35.22%	10.5%	12.98%	11.19%	6.77%	13.92%	20.84%	13.49%	6.64%	21.51%	9.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	74.96M	74.95M	77.40M	78.86M	80.20M	65.86M	43.70M	43.78M shares	45.05M shares	46.04M shares
Diluted Shares Outstanding	74.96M	74.95M	77.42M	78.88M	80.26M	65.91M	43.78M	43.89M shares	45.14M shares	46.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.8415 Billion

About Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Glen Allen, Virginia and currently employs 1,804 full-time employees. The firm's segments include Wholesale Banking, Consumer Banking and Corporate Other. The Wholesale Banking segment provides loan, leasing and deposit services, as well as treasury management, small business administration (SBA) lending and capital market services to its wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial real estate and commercial and industrial customers. This segment also includes its equipment finance subsidiary, Atlantic Union Equipment Finance. The private banking and trust businesses also reside in the Wholesale Banking segment. The Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland and North Carolina. The Consumer Banking segment includes its home loan division and its investment management and advisory services businesses.

Industry: State Commercial Banks Peers: BankUnited, Inc. COLUMBIA BANKING SYSTEM, INC. PACWEST BANCORP FIRST MERCHANTS CORP FULTON FINANCIAL CORP Independent Bank Group, Inc. INTERNATIONAL BANCSHARES CORP PNC FINANCIAL SERVICES GROUP, INC. Silvergate Capital Corp