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Atlantic Union Bankshares Divests Bearing Insurance Group Stake

Story Highlights
  • Atlantic Union Bankshares sold its interest in Bearing Insurance Group on May 1, 2026.
  • The divestiture is expected to generate an estimated $32.3 million pre-tax gain in Q2 2026 results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atlantic Union Bankshares Divests Bearing Insurance Group Stake

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An announcement from Atlantic Union Bankshares ( (AUB) ) is now available.

On May 1, 2026, Atlantic Union Bankshares Corporation completed the sale of its indirect subsidiary Union Insurance Group, LLC’s interest in Bearing Insurance Group, LLC to an unaffiliated third party, effective the same date. The company expects to recognize an estimated pre-tax gain of about $32.3 million from this divestiture in its second-quarter 2026 financial results, which should provide a meaningful boost to earnings and reflects an ongoing refinement of its portfolio of financial services holdings.

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 held back primarily by mixed financial quality—especially the sharp cash-flow decline and higher leverage—despite strong revenue growth. Technical momentum and a reasonable P/E support the stock, and the latest earnings call added confidence via clear 2026 guidance and strong adjusted operating metrics, partially offset by NIM/accretion volatility and deposit pricing pressure.

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

More about Atlantic Union Bankshares

Atlantic Union Bankshares Corporation is a financial services company operating through its subsidiaries, including Union Insurance Group, LLC. The company participates in banking and related financial activities and has held an interest in Bearing Insurance Group, LLC as part of its broader financial services portfolio.

Average Trading Volume: 1,053,918

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.39B

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

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