Atlantic Union Bankshares Corp.

Atlantic Union Bankshares Corp.

Atlantic Union Bankshares Corp.

Overview
Date Founded

1993

Headquarters

1051 East Cary Street,Suite 1200,Richmond, VA 23219-4159

Type of Company

Public

Employees (Worldwide)

1,989

Industries

Retail & Commercial Banking
Holding Companies

Company Description

Atlantic Union Bankshares Corp. is a bank holding company which engages in the provision of financial services. The company was founded in July 1993 and is headquartered in Richmond, VA.

Contact Data
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Executives & Employees

Chief Executive Officer

Executive Vice President, Chief Financial & Accounting Officer

Secretary, Senior Vice President & General Counsel

Senior Vice President & Chief Marketing Officer

Chief Risk Officer & Executive Vice President

Executive Vice President, Head of Enterprise Operations & Chief Information Officer

Vice President & Director-Investor Relations

Executive Vice President & Commercial Banking Group Executive

Secretary & Executive Vice President

Executive Vice President & Consumer Banking Group Executive

Board of Directors

Managing Director at Morgan keegan & Co. LLC

Chief Financial Officer at The University of Virginia Foundation

Director at The Community Foundation Serving Richmond & Central Virginia

Benefit Plan Administrator at Markel Corp.

Former President, Chief Executive Officer & Director at ACCESS NATIONAL CORP

Former Delegate from the 99th District at Virginia House of Delegates

President & Owner at Eddins Ford, Inc.

Treasurer & Director at Community Foundation of the Rappahannock River Region, Inc.

Former President at Virginia Polytechnic Institute and State University

Former Chairman-Blacksburg Region at Virginia Business Council, Inc.

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Atlantic Union Bankshares Corp.
Owners & Shareholders
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VNIM provides both equity and fixed income management. For their equity strategy, the firm seeks to achieve long-term capital appreciation by investing in companies at valuations that VNIM believes are materially below their long-term intrinsic value. They employ long-time horizon to exploit shorter-term volatility and poor shorter-term price discovery. VNIM primarily utilizes a fundamental, bottom-up investment process. For their fixed income strategy, the firm aims to maximize total return while preserving capital. They believe active, risk-controlled management, founded on research-driven analyses, can uncover relative values that, over the long-term, produce returns with less risk.

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Tributary Capital Management constructs portfolios based on their clients' investment objectives and specified restrictions or guidelines. They are active portfolio managers grounded in strong fundamental research and adherence to risk management. Investments in client accounts may include investments in common stocks, investment companies, ETFs, corporate and municipal bonds and US Government and agency bonds.Tributary's equity investment strategies include small, small/mid, large and all cap strategies. The firm uses a rigorous, bottom-up process that identifies high quality companies that are temporarily priced below their long-term intrinsic value. Tributary's balanced strategies invest the equity portion in the all cap value strategy, while the fixed income portion seeks to provide a relatively high level of income from fixed income investments.Tributary also serves as the registered investment advisor for the Tributary Funds, a registered open-end investment company which offers six investment portfolios: Tributary Small Company Fund; Tributary Growth Opportunities Fund; Tributary Balanced Fund; Tributary Short-Intermediate Bond Fund; Tributary Income Fund; and Tributary Nebraska Tax-Free Fund.Tributary has retained First National Fund Advisers, an affiliate registered with the SEC as a separately identifiable department of First National Bank of Omaha, to serve as the sub-advisor to the Tributary Growth Opportunities, Balanced, Short-Intermediate Bond, Income and Nebraska Tax-Free Funds.

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DRZ follows a value income methodology with all of its value-income strategies. This value income philosophy is based on a belief that undervalued stocks with an above-average dividend yield and the existence of an imminent fundamental catalyst provide the opportunity for increased total returns with reduced volatility. Investments are selected based on three criteria: (1) low long-term relative valuation, (2) above average dividend yield, and (3) the existence of an imminent fundamental catalyst. The firm employs bottom-up stock selection process. Client portfolios are actively managed and are generally invested in equities subject to the investment strategy, objective selected and any investment restrictions or guidelines imposed by the client. DRZ sells a stock if the yield falls below the acceptable limit, relative price target has been achieved, and the company is not performing as expected or if the sector or country begins to look less favorable.

Recent Transactions
Details Hidden

Atlantic Union Bankshares Corp. purchases ACCESS NATIONAL CORP

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Home Bancshares, Inc. - Arkansas purchases Union Bank & Trust /Share Premier Finance Division from Atlantic Union Bankshares Corp.

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Old Dominion Capital Management, Inc., Atlantic Union Bankshares Corp. purchase Outfitter Advisors Ltd.

Transaction Advisors
Investment Advisor

Advised onAtlantic Union Bankshares Corp. purchases Xenith Bankshares, Inc.

Advised onAtlantic Union Bankshares Corp. issued USD Common Stock

Underwriter

Advised onAtlantic Union Bankshares Corp. issued USD Common Stock

Legal Advisor

Advised onAtlantic Union Bankshares Corp. purchases Xenith Bankshares, Inc.

Legal Advisor

Advised onAtlantic Union Bankshares Corp. purchases Xenith Bankshares, Inc.

Associate

Advised onHome Bancshares, Inc. - Arkansas purchases Union Bank & Trust /Share Premier Finance Division from Atlantic Union Bankshares Corp.

Key Stats and Financials As of 2019
Market Capitalization
$1.56B
Total Enterprise Value
$4.43B
Earnings Per Share
$2.41
Revenue
$818M
Net Profit
$194M
Total Debt
$1.58B
Total Equity
$2.51B
Enterprise Value Sales
5.42x
TEVNet Income
22.87x
Debt TEV
0.36x
Three Year Compounded Annual Growth Rate Of Revenue
30.73%
Five Year Compounded Annual Growth Rate Of Revenue
19.35%
Non-Profit Donations & Grants
$5,000 +
2008
$5,000 - $7,499
2008
$5,000 +
2007
Investors
Details Hidden

Former Fund Advisor at Outfitter Advisors Ltd.

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Competitors
Bank of America Corp. Retail & Commercial Banking - Charlotte, NC

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

Wells Fargo & Co. Retail & Commercial Banking - Minneapolis, MN

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Capital One Financial Corporation Retail & Commercial Banking - Mclean, VA

Capital One Financial Corp. operates as a financial holding company, which engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking, and Commercial Banking. The Credit Card segment offers domestic consumer and small business card lending, and international card lending businesses. The Consumer Banking segment consists of branch-based lending and deposit gathering activities for consumers and small businesses. The Commercial Banking segment comprises of lending, deposit gathering and treasury management services to commercial real estate and commercial and industrial customers. The company was founded by Richard D. Fairbank on July 21, 1994 and is headquartered in McLean, VA.

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