AUB, GABC, BFST, TCBX and TSN have been added to the Zacks Rank #1 (Strong Buy) List on February 6, 2025.
Atlantic Union Bankshares Corporation (NYSE:AUB ) Q4 2024 Earnings Conference Call January 23, 2025 9:00 AM ET Company Participants William Cimino - Senior Vice President of Investor Relations John Asbury - President and Chief Executive Officer Robert Gorman - Executive Vice President and Chief Financial Officer David Ring - Executive Vice President and Wholesale Banking Group Executive Shawn O'Brien - Executive VP & Consumer Banking Group Executive Douglas Woolley - Executive VP & Chief Credit Officer Conference Call Participants Nick Lorenzoni - Stephens Inc. Catherine Mealor - Keefe, Bruyette, & Woods, Inc. Stephen Scouten - Piper Sandler & Co. David Bishop - Hovde Group Stephen Moss - Raymond James Operator Good day, and thank you for standing by. Welcome to the Atlantic Union Bankshares Fourth Quarter 2024 Earnings Call.
We maintain a buy rating on Atlantic Union Bankshares Corporation due to its strong dividend growth and potential for share price appreciation. Despite a mixed Q4, the bank's asset quality remains strong, and the recent pullback offers a good entry point for investors. The bank's recent acquisitions and steady loan and deposit growth support its long-term growth trajectory.
The headline numbers for Atlantic Union (AUB) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Atlantic Union (AUB) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.78 per share a year ago.
Get a deeper insight into the potential performance of Atlantic Union (AUB) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Atlantic Union (AUB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
We have upgraded Atlantic Union Bankshares Corporation due to strong growth, solid earnings, and strategic acquisitions, including American National Bankshares, and a Maryland bank. Q3 revenue rose 21% year-over-year, with EPS beating estimates, despite a slight decline in net interest margin and loan yields. Loans and deposits increased significantly, driven by both organic growth and acquisitions, while asset quality remained strong with minimal charge-offs.
Atlantic Union Bankshares Corporation (NYSE:AUB ) Q3 2024 Earnings Conference Call October 21, 2024 9:00 AM ET Company Participants Bill Cimino - Senior Vice President of Investor Relations John Asbury - President and Chief Executive Officer Robert Gorman - Executive Vice President and Chief Financial Officer Daniel Schrider - Chairman, President and Chief Executive Officer David Ring - Executive Vice President and Wholesale Banking Group Executive Conference Call Participants Catherine Mealor - KBW Russell Gunther - Stephens Inc. Steve Moss - Raymond James David Bishop - Hovde Group Operator Good day and welcome to Atlantic Union Bankshares Third Quarter 2024 Earnings Call and Sandy Spring Bank Acquisition Announcement. At this time, all participants are in a listen-only mode.
Atlantic Union (AUB) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.80 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Atlantic Union (AUB) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Atlantic Union (AUB) have what it takes?