Atlantic Union Announces $250 Million Share Repurchase, Dividends

Atlantic Union Bankshares ( (AUB) ) has issued an update.

Atlantic Union Bankshares Corporation, a regional banking holding company serving Mid-Atlantic markets with retail banking, equipment finance, investment and capital markets services, continues to leverage its diversified financial platform across Virginia, Maryland, North Carolina and Washington, D.C. to support both consumer and commercial clients. On May 5, 2026, the company announced a Board-authorized share repurchase program of up to $250 million through May 5, 2027 and declared quarterly cash dividends on both its common stock and Series A preferred stock, moves that signal ongoing capital return to shareholders while preserving flexibility to adjust repurchases based on market conditions, regulatory requirements and overall economic trends.

The repurchase authorization allows management to buy back common stock in open market or privately negotiated transactions at its discretion, without any obligation to acquire a specific number of shares. The Board also approved a common dividend of $0.37 per share payable June 5, 2026 to shareholders of record on May 22, 2026 and a Series A preferred dividend equivalent to $0.43 per depositary share payable June 1, 2026 to holders of record on May 15, 2026, underscoring the bank’s continued emphasis on shareholder returns alongside ongoing operational and balance sheet management.

The most recent analyst rating on (AUB) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Atlantic Union Bankshares stock, see the AUB Stock Forecast page.

Spark’s Take on AUB Stock

According to Spark, TipRanks’ AI Analyst, AUB is a Neutral.

The score is most constrained by weaker financial quality signals—especially the sharp cash flow deterioration and higher leverage alongside margin/ROE pressure. Offsetting this, valuation is favorable (low P/E and solid yield), and the latest earnings call was broadly constructive with clear guidance, strong adjusted profitability, and solid credit metrics. Technicals are neutral-to-slightly supportive but not strong enough to outweigh the fundamental cash flow and balance-sheet risks.

To see Spark’s full report on AUB stock, click here.

More about Atlantic Union Bankshares

Atlantic Union Bankshares Corporation, headquartered in Richmond, Virginia, is the holding company for Atlantic Union Bank, which operates branches and ATMs across Virginia, Maryland, North Carolina and Washington, D.C. The company also offers equipment financing, investment services and capital markets solutions through its non-bank financial affiliates, including Atlantic Union Equipment Finance, AUB Investments and Atlantic Union Capital Markets.

Average Trading Volume: 1,047,058

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.32B

Find detailed analytics on AUB stock on TipRanks’ Stock Analysis page.