David Silverman to Take Over as Board Chair of Union Bankshares Inc. Following Van Dyke's Retirement - SEC Filing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Source: moomoo
Union Bank Leadership Change: David Silverman has been appointed to assume the role of board chair at Union Bank following the retirement of Vandyke.
Retirement Announcement: Vandyke's retirement marks a significant transition in the bank's leadership structure, prompting the need for new governance.
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Analyst Views on AUB
Wall Street analysts forecast AUB stock price to rise
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 34.660
Low
40.00
Averages
44.25
High
47.50
Current: 34.660
Low
40.00
Averages
44.25
High
47.50
About AUB
Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank (the Bank), which provides banking and related financial products and services to consumers and businesses. The Bank has branches and ATMs located in Virginia, Maryland and North Carolina. It operates through two segments: Wholesale Banking and Consumer Banking. Its Wholesale Banking segment provides loan, leasing, and deposit services, as well as treasury management and capital market services to wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial and industrial customers. This segment also includes its equipment finance subsidiary and its wealth management business. Its Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland, and North Carolina. Consumer Banking includes the home loan division and investment management, and advisory services businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
UNION BANKSHARES INC NAMES VICE CHAIR TIMOTHY SARGENT AS LEAD INDEPENDENT DIRECTOR IN SEC FILING
Union Bank's Leadership Change: Timothy Sargent has been appointed as the lead independent director at Union Bank, indicating a shift in the bank's governance structure.
SEC Filing: The announcement of Sargent's designation was made public through a filing with the Securities and Exchange Commission (SEC), highlighting regulatory compliance.
See More
David Silverman to Take Over as Board Chair of Union Bankshares Inc. Following Van Dyke's Retirement - SEC Filing
Union Bank Leadership Change: David Silverman has been appointed to assume the role of board chair at Union Bank following the retirement of Vandyke.
Retirement Announcement: Vandyke's retirement marks a significant transition in the bank's leadership structure, prompting the need for new governance.
See More
Atlantic Union Bankshares to Present at Investors Conference
- Conference Announcement: Atlantic Union Bankshares Corporation has announced its participation in the Raymond James 47th Annual Institutional Investors Conference on March 3, 2026, aiming to showcase its business strategies and market outlook to attract more investor interest.
- Webcast Details: Management will host a webcast on March 3, 2026, at 3:25 p.m. EST, allowing investors to access the presentation through a designated link, thereby ensuring transparency and enhancing engagement with stakeholders.
- Information Archiving: All audio and presentations will be archived for at least 90 days post-event, enabling investors who cannot attend live to access critical information later, thus improving the completeness of the company's information disclosure.
- Company Overview: Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation serves as the holding company for Atlantic Union Bank, which operates branches and ATMs across Virginia, Maryland, North Carolina, and Washington D.C., providing a diverse range of financial services to meet customer needs.
See More
Top Mid-Cap Stocks with Positive EPS Surprises in Q4
- Vicor's Leading Performance: Vicor Corporation (VICR) tops the list with an almost perfect Quant Rating of 4.99 and an EPS surprise of $0.64, indicating strong growth potential in the electrical components sector.
- Sphere Entertainment's Success: Sphere Entertainment Co. (SPHR) follows closely with a Quant Rating of 4.96 and the largest EPS surprise of $1.49, reflecting robust market performance and profitability in the movies and entertainment industry.
- Diverse Industry Representation: The list features companies across various sectors, including electrical components, movies and entertainment, apparel retail, investment banking, and communications equipment, highlighting the broad investment opportunities within mid-cap stocks.
- Strong Buy Ratings: Companies like Victoria’s Secret & Co. (VSCO), StoneX Group Inc. (SNEX), and Viasat, Inc. (VSAT) all received Strong Buy ratings above 4.90, indicating a positive market outlook for their future growth prospects.
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Atlantic Union Bankshares Appoints New CFO
- Executive Change: Atlantic Union Bankshares has appointed Alexander Dodd as CFO effective April 13, 2026, succeeding Robert Gorman, who is retiring after nearly 14 years, with Gorman remaining as an executive advisor until September 30, 2026 to ensure a smooth transition.
- Extensive Experience: Dodd brings nearly 20 years of experience from TD Bank Group, where he held multiple senior finance management roles, most recently as deputy CFO and executive vice president, which will aid in shaping the company's future financial strategy.
- Financial Outlook: The bank projects year-end loan balances between $29 billion and $30 billion for 2026, indicating a strong growth trajectory as it expands its footprint in North Carolina while maintaining solid financial health.
- Performance Beat: In Q4 2025, Atlantic Union Bank reported a non-GAAP EPS of $0.97, beating estimates by $0.11, with revenues of $387.1 million exceeding expectations by $8.15 million, reflecting ongoing improvement in financial performance and reinforcing its buy rating.
See More
Atlantic Union Bankshares Reports Q4 2025 Net Income of $109 Million
- Significant Loan Growth: Atlantic Union Bankshares achieved an annualized loan growth of 6.3% in Q4 2025, ending the year with $27.8 billion in loans, indicating strong market demand and a robust loan pipeline that is expected to support continued growth into 2026.
- Increased Net Interest Income: The bank reported tax-equivalent net interest income of $334.8 million for the fourth quarter, an increase of $11.2 million from the previous quarter, primarily driven by reduced interest expenses and increased loan income, further enhancing the company's profitability.
- Merger Integration Progress: Management indicated that merger-related expenses are expected to remain modest in Q1, with anticipated declines in noise associated with the merger, reflecting positive progress in integrating the Sandy Spring acquisition.
- Optimistic 2026 Outlook: The company projects loan balances to range between $29 billion and $30 billion and deposit balances between $31.5 billion and $32.5 billion for 2026, demonstrating management's confidence in future financial performance and market opportunities.
See More
UNION BANKSHARES INC NAMES VICE CHAIR TIMOTHY SARGENT AS LEAD INDEPENDENT DIRECTOR IN SEC FILING
Union Bank's Leadership Change: Timothy Sargent has been appointed as the lead independent director at Union Bank, indicating a shift in the bank's governance structure.
SEC Filing: The announcement of Sargent's designation was made public through a filing with the Securities and Exchange Commission (SEC), highlighting regulatory compliance.
See More
David Silverman to Take Over as Board Chair of Union Bankshares Inc. Following Van Dyke's Retirement - SEC Filing
Union Bank Leadership Change: David Silverman has been appointed to assume the role of board chair at Union Bank following the retirement of Vandyke.
Retirement Announcement: Vandyke's retirement marks a significant transition in the bank's leadership structure, prompting the need for new governance.
See More
Atlantic Union Bankshares to Present at Investors Conference
- Conference Announcement: Atlantic Union Bankshares Corporation has announced its participation in the Raymond James 47th Annual Institutional Investors Conference on March 3, 2026, aiming to showcase its business strategies and market outlook to attract more investor interest.
- Webcast Details: Management will host a webcast on March 3, 2026, at 3:25 p.m. EST, allowing investors to access the presentation through a designated link, thereby ensuring transparency and enhancing engagement with stakeholders.
- Information Archiving: All audio and presentations will be archived for at least 90 days post-event, enabling investors who cannot attend live to access critical information later, thus improving the completeness of the company's information disclosure.
- Company Overview: Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation serves as the holding company for Atlantic Union Bank, which operates branches and ATMs across Virginia, Maryland, North Carolina, and Washington D.C., providing a diverse range of financial services to meet customer needs.
See More
Top Mid-Cap Stocks with Positive EPS Surprises in Q4
- Vicor's Leading Performance: Vicor Corporation (VICR) tops the list with an almost perfect Quant Rating of 4.99 and an EPS surprise of $0.64, indicating strong growth potential in the electrical components sector.
- Sphere Entertainment's Success: Sphere Entertainment Co. (SPHR) follows closely with a Quant Rating of 4.96 and the largest EPS surprise of $1.49, reflecting robust market performance and profitability in the movies and entertainment industry.
- Diverse Industry Representation: The list features companies across various sectors, including electrical components, movies and entertainment, apparel retail, investment banking, and communications equipment, highlighting the broad investment opportunities within mid-cap stocks.
- Strong Buy Ratings: Companies like Victoria’s Secret & Co. (VSCO), StoneX Group Inc. (SNEX), and Viasat, Inc. (VSAT) all received Strong Buy ratings above 4.90, indicating a positive market outlook for their future growth prospects.
See More
Atlantic Union Bankshares Appoints New CFO
- Executive Change: Atlantic Union Bankshares has appointed Alexander Dodd as CFO effective April 13, 2026, succeeding Robert Gorman, who is retiring after nearly 14 years, with Gorman remaining as an executive advisor until September 30, 2026 to ensure a smooth transition.
- Extensive Experience: Dodd brings nearly 20 years of experience from TD Bank Group, where he held multiple senior finance management roles, most recently as deputy CFO and executive vice president, which will aid in shaping the company's future financial strategy.
- Financial Outlook: The bank projects year-end loan balances between $29 billion and $30 billion for 2026, indicating a strong growth trajectory as it expands its footprint in North Carolina while maintaining solid financial health.
- Performance Beat: In Q4 2025, Atlantic Union Bank reported a non-GAAP EPS of $0.97, beating estimates by $0.11, with revenues of $387.1 million exceeding expectations by $8.15 million, reflecting ongoing improvement in financial performance and reinforcing its buy rating.
See More
Atlantic Union Bankshares Reports Q4 2025 Net Income of $109 Million
- Significant Loan Growth: Atlantic Union Bankshares achieved an annualized loan growth of 6.3% in Q4 2025, ending the year with $27.8 billion in loans, indicating strong market demand and a robust loan pipeline that is expected to support continued growth into 2026.
- Increased Net Interest Income: The bank reported tax-equivalent net interest income of $334.8 million for the fourth quarter, an increase of $11.2 million from the previous quarter, primarily driven by reduced interest expenses and increased loan income, further enhancing the company's profitability.
- Merger Integration Progress: Management indicated that merger-related expenses are expected to remain modest in Q1, with anticipated declines in noise associated with the merger, reflecting positive progress in integrating the Sandy Spring acquisition.
- Optimistic 2026 Outlook: The company projects loan balances to range between $29 billion and $30 billion and deposit balances between $31.5 billion and $32.5 billion for 2026, demonstrating management's confidence in future financial performance and market opportunities.
See More
