Atlantic Union Bankshares Corporation AUB

Company Overview

Atlantic Union Bankshares Corporation is a U.S. regional bank holding company headquartered in Richmond, Virginia, operating primarily through its banking subsidiary, Atlantic Union Bank. The company provides a broad range of financial services including commercial banking, consumer banking, wealth management, mortgage banking, and treasury management services. AUB operates within the regional banking and financial services industries, serving individuals, small and middle-market businesses, commercial real estate clients, municipalities, and institutional customers. Its revenue is primarily generated through net interest income from lending activities, alongside fee-based income from wealth management, mortgage operations, and service charges.

The company traces its origins to 1902 and expanded significantly through a series of acquisitions and mergers across the Mid-Atlantic region. Formerly known as Union Bankshares Corporation, the company rebranded to Atlantic Union Bankshares in 2019 to reflect its broader regional presence. AUB has positioned itself as a relationship-focused regional banking franchise with a concentration in high-growth Southeastern and Mid-Atlantic markets. Its strategy emphasizes community banking combined with scalable commercial banking capabilities, supported by investments in digital banking infrastructure and risk management systems.