Atlantic Union Bankshares Corporation completes acquisition of American National Bankshares Inc.
Acquiring Company
Atlantic Union Bankshares
Acquired Company
American National Bankshares
Glen AllenDanvilleFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Atlantic Union Bankshares Corporation has successfully completed its merger with American National Bankshares Inc. This strategic move enhances Atlantic Union’s presence in Central, Western and Southern Virginia, and marks its entry into North Carolina’s Piedmont Triad region and Raleigh. The transaction is valued at approximately $507 million.
Quick answer
Atlantic Union Bankshares is acquiring American National Bankshares, announced April 1, 2024. Atlantic Union Bankshares is based in Glen Allen, Virginia, United States.
- How much did Atlantic Union Bankshares pay for American National Bankshares?
- 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 Bankshares based?
- Atlantic Union Bankshares is based in Glen Allen, Virginia, United States. American National Bankshares is based in Danville, Virginia, United States.
Source: Fundz verified event record.
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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
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Frequently asked
Who acquired American National Bankshares?
American National Bankshares was acquired by Atlantic Union Bankshares, based in Glen Allen. The deal was reported on April 1, 2024. 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 Bankshares?
Atlantic Union Bankshares's acquisition of American National Bankshares was reported on April 1, 2024. Atlantic Union Bankshares Corporation has successfully completed its merger with American National Bankshares Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American National Bankshares do?
American National is a multi-state bank holding company with total assets of approximately $3.1 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. It is privately held, operating in Financial Services, and is based in Danville.
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