Atlantic Union Bankshares (NASDAQ:AUBAP) Shares Down 0.1% – Here’s Why

Atlantic Union Bankshares Co. (NASDAQ:AUBAP)’s stock price fell 0.1% during mid-day trading on Thursday . The company traded as low as $24.44 and last traded at $24.50. Approximately 9,441 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 10,800 shares. The stock had previously closed at $24.53.

Atlantic Union Bankshares Stock Performance

The stock has a 50 day moving average price of $24.71 and a 200 day moving average price of $24.66.

Atlantic Union Bankshares Company Profile

Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.

Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018.