After Merger with Sandy Spring: Atlantic Union Bankshares Focuses on Synergies and Economies of Scale

Atlantic Union Bankshares is a regional bank holding company from Virginia, which operates around 130 branches in the Southeastern USA through its subsidiary, Atlantic Union Bank. The institution pursues a growth-oriented strategy, as evidenced by the recent planned acquisition of Sandy Spring Bancorp for approximately $1.6 billion. The goal of this transaction is to expand its market position in Northern Virginia and Maryland and significantly strengthen its business with high-net-worth private clients. Merger with Sandy Spring Bancorp leads...