Latest Ratios: P/E Ratio 20.5x · EV/EBITDA 20.3x · ROE 6.7%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.9B | $4.6B | $3.3B | $2.7B | $2.6B | $2.9B | $2.6B | $3.0B | $1.9B | $1.6B | $1.6B |
| Enterprise Value | $7.2B | $5.8B | $3.5B | $3.7B | $4.0B | $2.6B | $2.9B | $4.1B | $3.4B | $2.6B | $2.4B |
| P/E Ratio → | 20.48 | 17.39 | 16.91 | 14.44 | 11.83 | 11.44 | 17.07 | 15.58 | 12.72 | 21.66 | 20.19 |
| P/S Ratio | 3.45 | 2.64 | 2.47 | 2.62 | 3.38 | 4.06 | 3.31 | 3.62 | 3.03 | 4.05 | 4.44 |
| P/B Ratio | 1.07 | 0.91 | 1.06 | 1.07 | 1.11 | 1.07 | 0.96 | 1.20 | 0.97 | 1.51 | 1.57 |
| P/FCF | 69.64 | 53.37 | 11.06 | 10.04 | 6.32 | 8.79 | 12.84 | 16.85 | 8.58 | 15.67 | 17.93 |
| P/OCF | 60.80 | 46.60 | 10.80 | 9.85 | 6.28 | 8.55 | 11.20 | 15.47 | 8.58 | 14.35 | 16.72 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.37 | 2.61 | 3.53 | 5.17 | 3.65 | 3.76 | 4.96 | 5.47 | 6.65 | 6.73 |
| EV / EBITDA | 20.33 | 16.41 | 11.91 | 13.13 | 12.37 | 7.02 | 12.85 | 15.23 | 16.31 | 20.00 | 18.95 |
| EV / EBIT | 21.40 | 17.28 | 13.53 | 15.37 | 14.37 | 8.14 | 15.82 | 17.86 | 18.70 | 24.81 | 23.37 |
| EV / FCF | — | 68.15 | 11.67 | 13.51 | 9.65 | 7.90 | 14.57 | 23.08 | 15.48 | 25.76 | 27.20 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.2% | 53.2% | 57.0% | 64.1% | 87.8% | 102.8% | 76.4% | 78.1% | 81.1% | 84.5% | 89.1% |
| Operating Margin | 19.5% | 19.5% | 19.3% | 22.9% | 35.9% | 44.8% | 23.7% | 27.8% | 29.3% | 26.8% | 28.8% |
| Net Profit Margin | 15.9% | 15.9% | 15.5% | 19.3% | 30.1% | 37.1% | 20.2% | 23.3% | 23.9% | 18.6% | 21.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.7% | 6.7% | 7.3% | 8.2% | 9.2% | 9.7% | 6.1% | 8.7% | 9.8% | 7.1% | 7.8% |
| ROA | 0.9% | 0.9% | 0.9% | 1.0% | 1.2% | 1.3% | 0.9% | 1.2% | 1.3% | 0.8% | 1.0% |
| ROIC | 5.0% | 5.0% | 5.2% | 4.5% | 5.8% | 7.1% | 3.7% | 4.5% | 4.5% | 3.7% | 4.2% |
| ROCE | 1.6% | 1.6% | 6.9% | 7.2% | 8.6% | 9.3% | 5.1% | 7.1% | 8.5% | 7.0% | 7.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.30 | 0.30 | 0.17 | 0.51 | 0.72 | 0.19 | 0.31 | 0.60 | 0.91 | 1.17 | 0.99 |
| Debt / EBITDA | 4.22 | 4.22 | 1.81 | 4.67 | 5.25 | 1.37 | 3.66 | 5.58 | 8.54 | 9.37 | 7.88 |
| Net Debt / Equity | — | 0.25 | 0.06 | 0.37 | 0.59 | -0.11 | 0.13 | 0.44 | 0.78 | 0.98 | 0.81 |
| Net Debt / EBITDA | 3.56 | 3.56 | 0.63 | 3.37 | 4.27 | -0.79 | 1.52 | 4.11 | 7.27 | 7.84 | 6.46 |
| Debt / FCF | — | 14.78 | 0.61 | 3.47 | 3.34 | -0.89 | 1.73 | 6.24 | 6.90 | 10.10 | 9.27 |
| Interest Coverage | 0.51 | 0.51 | 0.49 | 0.70 | 3.68 | 7.76 | 1.90 | 1.43 | 1.76 | 2.10 | 3.42 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.81 | 6.81 | 0.14 | 0.15 | 0.18 | 0.26 | 0.19 | 0.17 | 0.18 | 0.15 | 0.16 |
| Quick Ratio | 6.81 | 6.81 | 0.14 | 0.15 | 0.18 | 0.26 | 0.19 | 0.17 | 0.18 | 0.15 | 0.16 |
| Cash Ratio | 0.36 | 0.36 | 0.02 | 0.02 | 0.02 | 0.05 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.6% | 4.2% | 3.7% | 3.8% | 3.3% | 2.9% | 3.0% | 2.6% | 3.1% | 2.2% | 2.1% |
| Payout Ratio | 70.2% | 70.2% | 59.2% | 51.2% | 37.1% | 31.9% | 49.8% | 40.5% | 39.7% | 48.5% | 43.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 5.8% | 5.9% | 6.9% | 8.5% | 8.7% | 5.9% | 6.4% | 7.9% | 4.6% | 5.0% |
| FCF Yield | 1.4% | 1.9% | 9.0% | 10.0% | 15.8% | 11.4% | 7.8% | 5.9% | 11.7% | 6.4% | 5.6% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 1.8% | 4.3% | 1.9% | 2.7% | 0.0% | 0.0% | 2.1% |
| Total Shareholder Yield | 3.6% | 4.2% | 3.7% | 3.8% | 5.1% | 7.3% | 5.0% | 5.3% | 3.1% | 2.2% | 4.3% |
| Shares Outstanding | — | $129M | $88M | $75M | $75M | $77M | $79M | $80M | $66M | $44M | $44M |
CRE concentration and integration
According to current market data, AUB trades at a P/B of 1.08, which suggests that investors are pricing the bank at a modest premium to book value while remaining cautious about the long-term accretion potential of recent inorganic growth initiatives like the American National Bankshares merger.
The current valuation appears to reflect a market expectation of moderate ROTCE improvement as the bank integrates its recent acquisitions. Investors should monitor whether the bank can sustain its current P/B multiple as the market shifts focus from headline asset growth to the underlying quality of the expanded loan portfolio.
Based on reported financial figures, AUB's ROE has remained constrained in the low single digits, with a 2.4% return in 2026Q1, indicating that the bank's profitability is currently pressured by the high cost of funding and the operational drag of its extensive physical branch network.
The decomposition of profitability suggests that asset utilization is being hampered by the current interest rate environment, which limits the benefit of the bank's expanded scale. The reliance on inorganic growth may be masking a need for more aggressive cost rationalization to improve the core return on equity.
As reported in recent SEC filings, AUB's efficiency ratio reached 37.7% in 2026Q1, reflecting the ongoing challenge of managing a 130-branch footprint while simultaneously absorbing the operational costs associated with the integration of American National Bankshares into the existing community banking infrastructure.
The stagnant NIM of 0.8% suggests that the bank is struggling to pass on higher funding costs to its commercial client base, which may indicate limited pricing power in its core markets. Investors should monitor whether the efficiency ratio can stabilize as the bank realizes the projected cost synergies from its recent M&A activity.
Based on historical income statement data, the significant $105.7 million provision for loan losses recorded in 2025Q2 highlights a proactive approach to credit risk management under CECL, which appears to be a strategic buffer against potential volatility in the Northern Virginia commercial real estate market.
The current reserve levels suggest that management is prioritizing balance sheet resilience over short-term earnings maximization. However, the concentration in office-related commercial real estate warrants further investigation, as remote work trends in the DC corridor could lead to future credit quality deterioration that is not yet fully reflected in the current provision levels.
The P/E ratio is frequently misapplied to AUB, as it fails to account for the non-cash impacts of purchase accounting accretion and the volatility introduced by CECL-driven provisioning, which together distort the bank's true core earnings power and operational efficiency.
Investors should instead focus on Pre-Provision Net Revenue (PPNR) and Tangible Book Value (TBV) growth to better assess the bank's underlying performance. Relying on the P/E ratio may lead to an inaccurate assessment of the bank's valuation, as it ignores the significant accounting adjustments that are inherent to AUB's aggressive M&A-led growth strategy.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying AUB stock.
Atlantic Union Bankshares Corporation's current P/E ratio is 20.5x. The historical average is 17.3x. This places it at the 87th percentile of its historical range.
Atlantic Union Bankshares Corporation's current EV/EBITDA is 20.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.5x.
Atlantic Union Bankshares Corporation's return on equity (ROE) is 6.7%. The historical average is 9.4%.
Based on historical data, Atlantic Union Bankshares Corporation is trading at a P/E of 20.5x. This is at the 87th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Atlantic Union Bankshares Corporation's current dividend yield is 3.58% with a payout ratio of 70.2%.
Atlantic Union Bankshares Corporation has 53.2% gross margin and 19.5% operating margin. Operating margin between 10-20% is typical for established companies.
Atlantic Union Bankshares Corporation's Debt/EBITDA ratio is 4.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.