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Atlantic Union Bankshares (Atlantic Union Bankshares) Momentum Rank : 10 (As of May. 03, 2024)


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What is Atlantic Union Bankshares Momentum Rank?

Atlantic Union Bankshares has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Atlantic Union Bankshares's Momentum Rank

For the Banks - Regional subindustry, Atlantic Union Bankshares's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlantic Union Bankshares's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atlantic Union Bankshares's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Atlantic Union Bankshares's Momentum Rank falls into.



Atlantic Union Bankshares Momentum Rank Related Terms

Thank you for viewing the detailed overview of Atlantic Union Bankshares's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantic Union Bankshares (Atlantic Union Bankshares) Business Description

Traded in Other Exchanges
Address
1051 East Cary Street, Suite 1200, Three James Center, Richmond, VA, USA, 23219
Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for a commercial, industrial, residential mortgage, and consumer purposes. The company has one reportable segment, which largely consists of the traditional full-service community banking business. Much of the company revenue streams from overdraft and service fees and comes from the United States.
Executives
Rachael R Lape officer: EVP & General Counsel C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Woolley Douglas F. Jr. officer: EVP & CCO C/OATLANTIC UNION BANKSHARES CORPORATION, 1051 EAST CARY ST., STE 1200, RICHMOND VA 23219
Matthew L. Linderman officer: EVP & CIO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CART STREET, STE 1200, RICHMOND VA 23219
Frank Russell Ellett director C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219
Maria P Tedesco officer: EVP; President, Bank C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
John C Asbury officer: President C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, SUITE 1200, RICHMOND VA 23219
Robert Michael Gorman officer: EVP 1051 EAST CARY STREET, SUITE 1200, THREE JAMES CENTER, RICHMOND VA 23219
Sherry Williams officer: EVP & Chief Risk Officer 275 SEVENTH AVE., NEW YORK NY 10001
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ronald L Tillett director 951 E, BYRD STREET, SUITE 930, RICHMOND VA 23219
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Clare Miller officer: EVP & CHRO C/O ATLANTIC UNION BANKSHARES CORPORATIO, 1051 EAST CARY STREET, RICHMOND VA 23219
Frederick Blair Wimbush director C/O UNION BANK & TRUST, 1051 E. CARY STREET, STE 1200, RICHMOND VA 23219
Susan E Pfautz officer: SVP & Interim Chief HR Officer ATLANTIC UNION BANKSHARES, 1051 EAST CARY ST, STE 1200, RICHMOND VA 23219
Loreen A. Lagatta officer: EVP C/O UNION BANKSHARES CORPORATION, 1051 EAST CARY STREET, STE 1200, RICHMOND VA 23219