Atlantic Union Bank Continues to Expand Its Commercial Product Line with Asset Based Lending
Atlantic Union Bankshares Corporation (AUB)
Last atlantic union bankshares corporation earnings: 4/28 07:30 am
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Source: GlobeNewswire
RICHMOND, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bank is expanding its asset-based lending team to help working capital intensive companies meet their financing needs. The team will now operate as a new specialty finance division, branded Atlantic Union Business Credit, and offer a full range of asset-based lending solutions specializing in loan commitments from $5 million to $30 million. “Expanding our asset-based lending capabilities has been a goal for our wholesale banking business for some time, but we wanted to find the right team,” said David Ring, Head of Wholesale Banking for Atlantic Union Bank. “Having led asset-based lending teams in the past, I know that our clients will appreciate the enhanced specialty products and capabilities that Atlantic Union Business Credit is now able to offer them.” Thomas (Tom) Ennis will continue to lead Atlantic Union’s asset based lending efforts. New to the Atlantic Union Bank team are, Robert (Bob) Beer, senior vice pres
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AUB
News
- Atlantic Union Bankshares Co. (NASDAQ: AUB) had its price target lowered by analysts at Keefe, Bruyette & Woods from $36.00 to $35.00. They now have a "market perform" rating on the stock.MarketBeat
- Atlantic Union Bankshares Co. (NASDAQ: AUB) had its price target lowered by analysts at Stephens from $43.00 to $40.00. They now have an "overweight" rating on the stock.MarketBeat
- Atlantic Union Bankshares Corporation (NASDAQ:AUB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Atlantic Union Bankshares First Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Atlantic Union (AUB) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
AUB
Earnings
- 4/23/24 - Miss
AUB
Analyst Actions
- 4/24/24 - Stephens & Co.
AUB
Sec Filings
- 4/23/24 - Form 8-K
- 4/18/24 - Form 8-K/A
- 4/16/24 - Form 13F-HR
- AUB's page on the SEC website