United Bankshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,542	2,292	1,599	1,177	3,758
Investment Securities	3,400	1,784	2,522	3,021	2,461
Trading Asset Securities	-	1.26	1.85	5.55	10.94
Mortgage-Backed Securities	-	1,472	1,600	1,849	1,828
Total Investments	3,400	3,257	4,124	4,876	4,300
Gross Loans	24,721	21,680	21,373	20,580	18,051
Allowance for Loan Losses	-297.52	-271.84	-259.24	-234.75	-216.02
Other Adjustments to Gross Loans	-11.5	-7.01	-14.1	-22	-27.66
Net Loans	24,412	21,402	21,100	20,323	17,808
Property, Plant & Equipment	89.31	267.87	277.51	270.31	279.16
Goodwill	2,019	1,889	1,889	1,889	1,886
Other Intangible Assets	32.27	8.87	12.51	18.9	24.41
Loans Held for Sale	31.28	44.36	56.26	56.88	504.42
Accrued Interest Receivable	-	102.41	111.42	94.89	64.51
Long-Term Deferred Tax Assets	-	141.56	145	164.05	57.31
Other Real Estate Owned & Foreclosed	8.86	0.33	2.62	2.05	14.82
Other Long-Term Assets	1,125	618.2	609.42	617.41	631.69
Total Assets	33,660	30,024	29,926	29,489	29,329
Accrued Expenses	-	230.25	212.46	189.17	191.9
Interest Bearing Deposits	20,487	15,417	14,409	13,939	14,253
Institutional Deposits	-	2,410	2,261	1,165	1,601
Non-Interest Bearing Deposits	6,574	6,135	6,149	7,200	7,497
Total Deposits	27,061	23,962	22,819	22,303	23,350
Short-Term Borrowings	198.57	176.11	196.77	161.26	132.57
Current Portion of Long-Term Debt	-	260.2	-	-	-
Current Portion of Leases	-	17.12	-	-	-
Long-Term Debt	531.82	-	-	9.89	9.87
Federal Home Loan Bank Debt, Long-Term	-	-	1,510	1,911	532.2
Long-Term Leases	95.39	69.66	92.89	75.75	86.7
Trust Preferred Securities	-	280.22	278.62	276.99	275.32
Other Long-Term Liabilities	277.58	34.91	44.71	46.19	31.44
Total Liabilities	28,164	25,030	25,155	24,973	24,610
Common Stock	5,496	356.74	355.64	355.03	353.4
Additional Paid-In Capital	-	3,196	3,182	3,169	3,150
Retained Earnings	-	1,918	1,746	1,575	1,391
Treasury Stock	-	-253.49	-252.11	-250.4	-170.62
Comprehensive Income & Other	-	-223.9	-259.68	-332.73	-4.89
Shareholders' Equity	5,496	4,993	4,771	4,516	4,719
Total Liabilities & Equity	33,660	30,024	29,926	29,489	29,329
Total Debt	825.78	803.3	2,079	2,435	1,037
Net Cash (Debt)	1,716	1,490	-477.97	-1,252	2,732
Net Cash Growth	15.18%	-	-	-	135.47%
Net Cash Per Share	12.10	11.02	-3.55	-9.27	21.10
Filing Date Shares Outstanding	139.55	142.9	134.62	134.37	136.14
Total Common Shares Outstanding	139.55	135.04	134.62	134.37	136.01
Book Value Per Share	39.38	36.98	35.44	33.61	34.69
Tangible Book Value	3,445	3,095	2,870	2,608	2,808
Tangible Book Value Per Share	24.69	22.92	21.32	19.41	20.64

Source: S&P Global Market Intelligence. Banks template. Financial Sources.