Atlantic Union Bankshares Completes Merger with Sandy Spring

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Atlantic Union Bankshares Completes Merger with Sandy Spring

Atlantic Union Bankshares ( (AUB) ) has provided an announcement.

On April 1, 2025, Atlantic Union Bankshares Corporation completed its merger with Sandy Spring Bancorp, Inc., creating the largest regional banking franchise in the lower Mid-Atlantic. The merger, valued at approximately $1.3 billion, strengthens Atlantic Union’s presence in Virginia and Maryland and is expected to deliver long-term shareholder value. As a result of the merger, Sandy Spring’s subsidiary bank was merged into Atlantic Union Bank, and Sandy Spring Common Stock was delisted from Nasdaq.

More about Atlantic Union Bankshares

Atlantic Union Bankshares Corporation, headquartered in Richmond, Virginia, is the holding company for Atlantic Union Bank. It offers various financial services through its non-bank affiliates, including equipment financing, brokerage services, and insurance products.

YTD Price Performance: -17.05%

Average Trading Volume: 1,214,392

Technical Sentiment Signal: Buy

Current Market Cap: $2.81B

Learn more about AUB stock on TipRanks’ Stock Analysis page.

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