Atlantic Union Bank - M&A Summary and Business Overview

Financial ServicesCompany

Atlantic Union Bank M&A Summary

Atlantic Union Bank has acquired 4 companies, including 1 in the last 5 years. It has also divested 1 asset.

Atlantic Union Bank’s largest acquisition to date was in 2018, when it acquired Access National for $610M. Atlantic Union Bank has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Atlantic Union Bank Business Overview

Where is Atlantic Union Bank headquartered?

Atlantic Union Bank is headquartered in Glen Allen, Virginia.

What is Atlantic Union Bank’s revenue?

Atlantic Union Bank disclosed revenue of 696M USD for 2023 and 696M USD for 2022.

How many employees does Atlantic Union Bank have?

Atlantic Union Bank has 1,745 employees.

What sector is Atlantic Union Bank in?

Atlantic Union Bank is a financial services company.

When was Atlantic Union Bank founded?

Atlantic Union Bank was founded in 1902.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity4
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

Atlantic Union Bank

Atlantic Union Bankshares Corp.

4300 Cox Road,
Glen Allen, Virginia 23060
United States,
(804) 633-5031
www.atlanticunionbank.com

Atlantic Union Bank is the holding company for Atlantic Union Bank, which operates 149 branches and approximately 170 ATMs across Virginia, as well as parts of Maryland and North Carolina. Atlantic Union Bank was incorporated in 1902 and is based in Richmond, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - - - - 1 4
vol $610M $610M
Sell (0.2/yr) # - - - 1 - - 1
  5

Most Recent M&A

Company Date Value Type
American National Bank and Trust Co. 2024-04-01 - Add-on Acquisition
Danville, Virginia · www.amnb.com
Dixon, Hubard, Feinour & Brown, Inc. 2022-06-08 - Divestiture
Roanoke, Virginia · www.dhfb.com
Access National Corp. 2018-10-05 610M USD Add-on Acquisition
Reston, Virginia · www.accessnationalbank.com
Xenith Bankshares, Inc. 2017-10-26 - Divestiture
Richmond, Virginia · www.xenithbank.com
StellarOne Corp. 2014-01-01 - Merger
Charlottesville, Vermont · www.stellarone.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 4 (100%) 610M (100%) 1 (100%) -
Total 4 $610M 1 -

By Geo

State/Country Buy Value Sell Value
United States 4 610M 1 -
  Virginia 3 610M 1 -
  Vermont 1 - - -
Total 4 $610M 1 -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
1
Legal Deals
Covington & Burling
1
Troutman Pepper Hamilton Sanders
1

Deal Values

buy # Total
$100M to $1B 1 $610M
TOTAL $610M
Largest Access National Corp.
$610M (2018-10-05)

M&A Connections

Deals
Acquired from
Strategic(s)
25%
1 (25%)
Divested to
Strategic(s)
100%
1 (100%)

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