Over the past six months, Atlantic Union Bankshares’s shares (currently trading at $30.06) have posted a disappointing 19.8% loss, well below the S&P 500’s 1.7% gain. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

Is now the time to buy Atlantic Union Bankshares, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free.

Why Is Atlantic Union Bankshares Not Exciting?

Even though the stock has become cheaper, we're cautious about Atlantic Union Bankshares. Here are three reasons why we avoid AUB and a stock we'd rather own.

1. Net Interest Income Points to Soft Demand

While banks generate revenue from multiple sources, investors view net interest income as the cornerstone - its predictable, recurring characteristics stand in sharp contrast to the volatility of non-interest income.

Atlantic Union Bankshares’s net interest income has grown at a 7.3% annualized rate over the last four years, slightly worse than the broader bank industry.

2. Substandard TBVPS Growth Indicates Limited Asset Expansion

We consider tangible book value per share (TBVPS) the most important metric to track for banks. TBVPS represents the real, liquid net worth per share of a bank, excluding intangible assets that have debatable value upon liquidation.

Disappointingly for investors, Atlantic Union Bankshares’s TBVPS grew at a sluggish 3.2% annual clip over the last two years.

3. TBVPS Projections Show Stormy Skies Ahead

Because banks generate earnings primarily through borrowing and lending, they’re valued based on their balance sheet strength and ability to compound book value (another name for shareholders’ equity). Specifically, we look at tangible book value per share, or TBVPS, which represents the real, liquid net worth of a bank.

Over the next 12 months, Consensus estimates call for Atlantic Union Bankshares’s TBVPS to shrink by 7.5% to $19.59, a sour projection.

Final Judgment

Atlantic Union Bankshares isn’t a terrible business, but it isn’t one of our picks. Following the recent decline, the stock trades at 0.9× forward P/B (or $30.06 per share). Beauty is in the eye of the beholder, but we don’t really see a big opportunity at the moment. We're pretty confident there are superior stocks to buy right now. We’d recommend looking at one of Charlie Munger’s all-time favorite businesses.

Stocks We Would Buy Instead of Atlantic Union Bankshares

Donald Trump’s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs.

While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.