Richmond, Virginia-based Atlantic Union Bank agreed to acquire Olney, Maryland-based Sandy Spring Bank in a roughly $1.6 billion all-stock transaction, the banks announced Monday. Buying Sandy Spring ...

Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland's Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from ...

OLNEY, Md., May 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sandy Spring Bancorp, Inc. (Nasdaq-SASR), today announced the appointment of Charles S. Cullum to Chief Financial Officer. Cullum ...

RICHMOND, Va. & OLNEY, Md.--(BUSINESS WIRE)--Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB) and Sandy Spring Bancorp, Inc. (“Sandy Spring ...

Atlantic Union Bankshares (AUB) and Sandy Spring Bancorp (SASR) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an ...

RICHMOND, Va.--(BUSINESS WIRE)--Atlantic Union Bankshares Corporation (“Atlantic Union”) announced that it has completed its previously announced merger with Sandy Spring Bancorp, Inc. (“Sandy Spring” ...

A Virginia banking company plans to acquire Maryland-based Sandy Spring Bancorp in a deal valued at about $1.6 billion, creating one of the mid-Atlantic region’s largest banks and cementing the merged ...

The parent companies of Atlantic Union Bank and Sandy Spring Bank have cleared the last major hurdles to the Richmond bank’s $1.6 billion all-stock purchase of Sandy Spring, headquartered in Maryland.

While it has rallied strongly from its April lows, Atlantic Union Bankshares has still underperformed the broader banking space by a wide margin this year. Credit concerns may be partly to blame, with ...

While rising interest rates may benefit banks, remember that banks invested in bonds at much higher prices. As the Fed raises the interest rate, those bond values continue to drop as yields rise.

OLNEY, Md., May 25, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bank announced today the promotion of Sherman W. Moore to Division Executive of the Sandy Spring Private Client Group. In this role, Moore ...