Raymond James downgrades Atlantic Union Bank to 'market perform'

Raymond James downgrades shares of U.S. regional lender Atlantic Union Bank AUB.N to "market perform" from "strong buy"

Brokerage cuts EPS estimates to reflect lower yields on new loan originations and slower-than-expected accretion from acquisition of Sandy Spring Bancorp and American National Bank

AUB bought American National in 2024 and Sandy Spring in 2025

Sandy Spring loan accretion ~25% below projections since acquisition in April; American National accretion likely to be exhausted by early 2027, brokerage says

AUB's below-peer cash profitability limits ability to widen premium valuation - brokerage

6 of 9 analysts rate the stock "buy" or "strong buy", 3 "hold"; median PT at $41 - data compiled by LSEG

As of Thursday close, AUB down 7.7% YTD