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Atlantic Union Bankshares: Rosy Earnings Outlook Appears Mostly Priced In

Sheen Bay Research profile picture
Sheen Bay Research


  • The high allowance level and limited credit risk will likely lead to net reversals of provisions for the full year.
  • Economic recovery in Virginia and efforts to improve the digital banking platform will likely boost loan growth.
  • The reinvestment of cash flows from maturing fixed-rate loans will likely pressurize the net interest margin.
  • The December 2021 target price suggests a small upside from the current market price. Moreover, Atlantic Union is offering a modest dividend yield.

Richmond, Virginia, USA
Photo by traveler1116/iStock Unreleased via Getty Images

Earnings of Atlantic Union Bankshares Corporation (NYSE:AUB) will likely receive a boost from reversals of provision expense. Further, an improvement in Virginia's economy and investments in digital customer experience will likely boost loan growth. On

This article was written by

Sheen Bay Research profile picture
Around 10 years of experience covering Banks and Macroeconomics. Passionate about discovering lucrative investments and generating alpha.

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Comments (1)

horowitzcpa profile picture
Nice summary. Can’t say it’s been a great investment but it has come back smartly. Mid-Atlantic regional banks are a great place to be, and AUB is a solid example. Long AUB, NKSH, TFC, TOWN. Sold SASR and SHBI a while back....
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