Acquiring Company
Atlantic Union Bankshares
Acquired Company
American National Corporation
Glen AllenHoustonFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingInsuranceDescription
Atlantic Union Bankshares Corp has successfully acquired American National, enhancing its market presence significantly. The acquisition has contributed to increased financial performance, with notable impacts on net interest income and overall deposits. This strategic move aligns with Atlantic Union's focus on expanding its operations in the southeastern United States. The company reports robust growth driven by this acquisition and other strategic initiatives.
Quick answer
Atlantic Union Bankshares is acquiring American National Corporation, announced February 27, 2025. Atlantic Union Bankshares is based in Glen Allen, Virginia, United States.
- How much did Atlantic Union Bankshares pay for American National Corporation?
- The deal value was not disclosed.
- What does Atlantic Union Bankshares do?
- Atlantic Union Bank, a Top Workplace 2024, has been a trusted banking partner for our customers and local businesses since 1902.
- Where are Atlantic Union Bankshares and American National Corporation based?
- Atlantic Union Bankshares is based in Glen Allen, Virginia, United States. American National Corporation is based in Houston, Texas, United States.
Source: Fundz verified event record.
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- Wintrust Financial to acquire Macatawa Bank Corp (February 6, 2025)
- German American Bancorp, Inc. completes merger with Heartland BancCorp and Heartland Bank (February 3, 2025)
Who to call at Atlantic Union Bankshares, and when
When Atlantic Union Bankshares changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Atlantic Union Bankshares raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Atlantic Union Bankshares, from your own LinkedIn network
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Frequently asked
Who acquired American National Corporation?
American National Corporation was acquired by Atlantic Union Bankshares, based in Glen Allen. The deal was reported on February 27, 2025. Atlantic Union Bank, a Top Workplace 2024, has been a trusted banking partner for our customers and local businesses since 1902. Atlantic Union Bankshares is publicly traded (AUB) and operates in Financial Services.
When did Atlantic Union Bankshares acquire American National Corporation?
Atlantic Union Bankshares's acquisition of American National Corporation was reported on February 27, 2025. Atlantic Union Bankshares Corp has successfully acquired American National, enhancing its market presence significantly. The acquisition has contributed to increased financial performance, with notable impacts on net interest income and overall deposits. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American National Corporation do?
American National Corporation is a banking institution based in Omaha, Nebraska. It operates 33 branches primarily in Nebraska, Minnesota, and Iowa, focusing on the Greater Omaha and Minneapolis / St. Paul markets. It is publicly traded (ANG-PD), operating in Financial Services, and is based in Houston.
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