Latest news with #AtlanticUnionBankshares
Business Insider
3 days ago
- Business
- Business Insider
Teton Capital takes stake in Atlantic Union, urges for changes, Bloomberg says
Teton Capital, David Sokol's investment fund, has acquired a stake in Atlantic Union Bankshares (AUB) and is urging the lender to weigh cutting costs, shrinking its board, and revamping its execution compensation, Bloomberg's Crystal Tse reports, citing people familiar with the matter. The fund holds a less than 5% interest in the regional bank, the author notes. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
18-05-2025
- Business
- Yahoo
Don't Race Out To Buy Atlantic Union Bankshares Corporation (NYSE:AUB) Just Because It's Going Ex-Dividend
It looks like Atlantic Union Bankshares Corporation (NYSE:AUB) is about to go ex-dividend in the next four days. The ex-dividend date occurs one day before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves a full business day. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase Atlantic Union Bankshares' shares before the 23rd of May in order to receive the dividend, which the company will pay on the 6th of June. The company's next dividend payment will be US$0.34 per share, and in the last 12 months, the company paid a total of US$1.36 per share. Based on the last year's worth of payments, Atlantic Union Bankshares stock has a trailing yield of around 4.4% on the current share price of US$30.96. If you buy this business for its dividend, you should have an idea of whether Atlantic Union Bankshares's dividend is reliable and sustainable. So we need to investigate whether Atlantic Union Bankshares can afford its dividend, and if the dividend could grow. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Atlantic Union Bankshares is paying out an acceptable 60% of its profit, a common payout level among most companies. Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is. See our latest analysis for Atlantic Union Bankshares Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with shrinking earnings are tricky from a dividend perspective. If earnings fall far enough, the company could be forced to cut its dividend. Atlantic Union Bankshares's earnings per share have fallen at approximately 11% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last 10 years, Atlantic Union Bankshares has lifted its dividend by approximately 8.5% a year on average. That's interesting, but the combination of a growing dividend despite declining earnings can typically only be achieved by paying out more of the company's profits. This can be valuable for shareholders, but it can't go on forever. Should investors buy Atlantic Union Bankshares for the upcoming dividend? Earnings per share have been declining and the company is paying out more than half its profits to shareholders; not an enticing combination. These characteristics don't generally lead to outstanding dividend performance, and investors may not be happy with the results of owning this stock for its dividend. Although, if you're still interested in Atlantic Union Bankshares and want to know more, you'll find it very useful to know what risks this stock faces. Every company has risks, and we've spotted 1 warning sign for Atlantic Union Bankshares you should know about. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
05-04-2025
- Business
- Yahoo
The three-year earnings decline is not helping Atlantic Union Bankshares' (NYSE:AUB share price, as stock falls another 17% in past week
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Atlantic Union Bankshares Corporation (NYSE:AUB) shareholders have had that experience, with the share price dropping 29% in three years, versus a market return of about 15%. And over the last year the share price fell 24%, so we doubt many shareholders are delighted. The share price has dropped 31% in three months. Of course, this share price action may well have been influenced by the 16% decline in the broader market, throughout the period. After losing 17% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Atlantic Union Bankshares saw its EPS decline at a compound rate of 25% per year, over the last three years. This fall in the EPS is worse than the 11% compound annual share price fall. So, despite the prior disappointment, shareholders must have some confidence the situation will improve, longer term. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. This free interactive report on Atlantic Union Bankshares' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Atlantic Union Bankshares the TSR over the last 3 years was -20%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! We regret to report that Atlantic Union Bankshares shareholders are down 21% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 1.9%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 3% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 1 warning sign for Atlantic Union Bankshares that you should be aware of before investing here. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
06-02-2025
- Business
- Yahoo
Atlantic Union and Sandy Spring's $1.6bn merger deal secures approvals
Atlantic Union Bankshares and Sandy Spring Bancorp have secured shareholders' and regulatory approvals for the combination of their businesses. The transaction is anticipated to complete on 1 April 2025, contingent on the fulfilment or waiver of standard closing conditions. First announced in October 2024, the deal involves the acquisition of Maryland-based Sandy Spring by Virginia-based Atlantic Union for nearly $1.6bn. Each outstanding share of Sandy Spring common stock will be exchanged for the right to receive 0.900 shares of Atlantic Union common stock. Upon deal completion, Sandy Spring will merge with and into Atlantic Union. Atlantic Union president and CEO John Asbury said: 'We are pleased to have received all necessary bank regulatory approvals and each company's shareholder and stockholder approvals to proceed with the merger and remain on track to close the transaction on 1 April 2025. 'The merger will create a unique franchise by combining the #1 regional depository market share bank in Virginia with the #1 regional depository market share bank in Maryland.' Sandy Spring chair, president and CEO Daniel Schrider said: 'We are very excited to reach this important milestone as we work to bring together two great companies. 'It has been inspiring to see colleagues from both banks design, collaborate, and transform together to make this combination a success. 'This partnership will begin a new chapter, and we can't wait to see what we accomplish together.' The companies anticipate the merger to create the largest regional bank headquartered in the lower Mid-Atlantic, while also strengthening the combined company's foothold in Northern Virginia and Maryland. Three members of Sandy Spring's board of directors, including Dan Schrider, will secure seats on the Atlantic Union board post deal completion. Established in 1868, Sandy Spring had $14.4bn in assets, $11.7bn in total deposits, and $11.5bn in total loans as of 30 September 2024. "Atlantic Union and Sandy Spring's $1.6bn merger deal secures approvals" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
06-02-2025
- Business
- Yahoo
Atlantic Union and Sandy Spring's $1.6bn merger deal secure approvals
Atlantic Union Bankshares and Sandy Spring Bancorp have secured shareholders' and regulatory approvals for the combination of their businesses. The transaction is anticipated to complete on 1 April 2025, contingent on the fulfilment or waiver of standard closing conditions. First announced in October 2024, the deal involves the acquisition of Maryland-based Sandy Spring by Virginia-based Atlantic Union for nearly $1.6bn. Each outstanding share of Sandy Spring common stock will be exchanged for the right to receive 0.900 shares of Atlantic Union common stock. Upon deal completion, Sandy Spring will merge with and into Atlantic Union. Atlantic Union president and CEO John Asbury said: 'We are pleased to have received all necessary bank regulatory approvals and each company's shareholder and stockholder approvals to proceed with the merger and remain on track to close the transaction on 1 April 2025. 'The merger will create a unique franchise by combining the #1 regional depository market share bank in Virginia with the #1 regional depository market share bank in Maryland.' Sandy Spring chair, president and CEO Daniel Schrider said: 'We are very excited to reach this important milestone as we work to bring together two great companies. 'It has been inspiring to see colleagues from both banks design, collaborate, and transform together to make this combination a success. 'This partnership will begin a new chapter, and we can't wait to see what we accomplish together.' The companies anticipate the merger to create the largest regional bank headquartered in the lower Mid-Atlantic, while also strengthening the combined company's foothold in Northern Virginia and Maryland. Three members of Sandy Spring's board of directors, including Dan Schrider, will secure seats on the Atlantic Union board post deal completion. Established in 1868, Sandy Spring had $14.4bn in assets, $11.7bn in total deposits, and $11.5bn in total loans as of 30 September 2024. "Atlantic Union and Sandy Spring's $1.6bn merger deal secure approvals" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
