Alert: New Earnings Report (10/21/24)-Atlantic Union Bankshares Corp (NYSE: AUB).

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Atlantic Union Bankshares Corp (NYSE: AUB) has reported E.P.S. of $0.82 for its third fiscal quarter (ending September 30) versus $0.68 for the same period a year ago. E.P.S. were $2.40 for the latest four quarters through September 30 versus $2.71 for the same period a year ago.

Recent Price Action

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Atlantic Union Bankshares Corp (NYSE: AUB) stock closed at $36.21 on 10/21/24 after a large decline of -6.7%. Moreover, this decline was accompanied by exceptionally high trading volume at 1574% of normal. The stock has declined -4.4% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AUB is expected to continue to be a Value Builder.

Atlantic Union Bankshares has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Atlantic Union Bankshares has a good Appreciation Score of 75 and a good Power Rating of 79, producing the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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