
Atlantic Union Bankshares Corp, founded in 2004 and headquartered in Richmond, Virginia, serves the financial needs of local communities with the intent of building lasting relationships. The bank offers a diverse range of services, including personal and commercial banking, mortgage lending, and wealth management solutions designed to meet the unique needs of its customers.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
AUB 2.88% 2031-12-15 USDAtlantic Union Bankshares Corp | United States | 2031-12-15 | 2.875 | 6.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Atlantic Union Bankshares began issuing bonds in 2008, establishing a notable track record in the capital markets. Among its significant issuances was a $150 million subordinated note in 2020 which was well-received, yielding 3.75% and further solidifying investor confidence in the bank's stable financial performance. Currently, its bond yields are competitive within the industry, reflecting robust growth strategies and capital management, while recent strategic initiatives have enhanced its credit position in a fluctuating market environment.