United Bankshares, Inc. (UBSI)

NASDAQ: UBSI · IEX Real-Time Price · USD
32.51
+0.22 (0.68%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.68%
Market Cap 4.40B
Revenue (ttm) 1.01B
Net Income (ttm) 354.82M
Shares Out 135.20M
EPS (ttm) 2.62
PE Ratio 12.41
Forward PE 13.08
Dividend $1.48 (4.55%)
Ex-Dividend Date Jun 14, 2024
Volume 259,058
Open 32.33
Previous Close 32.29
Day's Range 32.16 - 32.61
52-Week Range 25.35 - 38.74
Beta 1.01
Analysts Hold
Price Target 37.00 (+13.81%)
Earnings Date Jul 25, 2024

About UBSI

United Bankshares, Inc., through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Its loan products include commercial loans and leases to small to mid-size industrial and commercial companies; construction and real estate loans, such as... [Read more]

Sector Financials
CEO Richard Matthew Adams Jr., M.D.
Employees 2,635
Stock Exchange NASDAQ
Ticker Symbol UBSI
Full Company Profile

Financial Performance

In 2023, UBSI's revenue was $1.02 billion, a decrease of -0.66% compared to the previous year's $1.03 billion. Earnings were $366.31 million, a decrease of -3.51%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for UBSI stock is "Hold." The 12-month stock price forecast is $37.0, which is an increase of 13.81% from the latest price.

Price Target
$37.0
(13.81% upside)
Analyst Consensus: Hold
Stock Forecasts

News

United Bankshares, Inc. Holds Annual Meeting of Shareholders

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. Holds Annual Meeting of Shareholders.

6 weeks ago - Business Wire

United Bankshares Declares Second Quarter Dividend

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--United Bankshares Declares Second Quarter Dividend.

6 weeks ago - Business Wire

United Bankshares to buy Piedmont Bancorp in $267 million deal

United Bankshares has agreed to buy smaller rival Piedmont Bancorp in a deal valued at about $267 million, the lenders said on Friday, amid growing consolidation in the U.S. regional banking industry.

7 weeks ago - Reuters

United Bankshares, Inc. to Acquire Piedmont Bancorp, Inc.

WASHINGTON & PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)--United Bankshares, Inc. to Acquire Piedmont Bancorp, Inc.

7 weeks ago - Business Wire

United Bankshares, Inc. Announces Earnings for the First Quarter of 2024

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the First Quarter of 2024.

2 months ago - Business Wire

United Bankshares, Inc. to Present at the Raymond James 45th Annual Institutional Investors Conference

WASHINGTON & CHARLESTON, W.Va--(BUSINESS WIRE)--United Bankshares, Inc. to Present at the Raymond James 45th Annual Institutional Investors Conference.

4 months ago - Business Wire

United Bankshares Declares First Quarter Dividend

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares Declares First Quarter Dividend.

4 months ago - Business Wire

United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023

WASHINGTON & CHARLESTON, W.Va--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023.

5 months ago - Business Wire

50th Consecutive Year of Dividend Increases for United Bankshares, Inc.

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--50th Consecutive Year of Dividend Increases for United Bankshares, Inc.

8 months ago - Business Wire

United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2023

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the third quarter of 2023 of $96.2 million, or $0.71 per diluted share, ...

8 months ago - Business Wire

Regional banks facing credit losses for commercial real estate: Moody's study

A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.

10 months ago - Market Watch

United Bankshares Declares Third Quarter Dividend

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. (“United”)(NASDAQ: UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.36 per share for s...

11 months ago - Business Wire

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2023

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2023.

1 year ago - Business Wire

United Bankshares, Inc. Announces Earnings for the First Quarter of 2023

WASHINGTON, D.C. & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the First Quarter of 2023.

1 year ago - Business Wire

United Bankshares, Inc. to Present at the Raymond James 44th Annual Institutional Investors Conference

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--United Bankshares, Inc. (“United”) (NASDAQ: UBSI), will be presenting at the Raymond James 44th Annual Institutional Investors Conference on Monday, M...

1 year ago - Business Wire

United Bankshares, Inc. Announces Record Earnings for the Year of 2022

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported record earnings for the year of 2022 of $379.6 million as compared to earnings of $3...

1 year ago - Business Wire

49th Consecutive Year of Dividend Increases for United Bankshares, Inc.

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (“United”) (NASDAQ: UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.36 per share f...

1 year ago - Business Wire

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2022

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2022

2 years ago - Business Wire

United Bankshares, Inc. Elects Diana Lewis Jackson and Lacy I. Rice, III to its Board of Directors

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--During its Annual Meeting of Shareholders held Wednesday, May 11, 2022, United Bankshares, Inc. (“United”) (NASDAQ: UBSI), a $29.4 billion regional fin...

2 years ago - Business Wire

United Bankshares, Inc. Announces Earnings for the First Quarter of 2022

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the First Quarter of 2022

2 years ago - Business Wire

United Bankshares, Inc. to Present at the Raymond James 43rd Annual Institutional Investors Conference

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. to Present at the Raymond James 43rd Annual Institutional Investors Conference

2 years ago - Business Wire

United Bankshares Announces Executive Management Reorganization

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. Executive Management Reorganization

2 years ago - Business Wire

United Bankshares, Inc. Announces Record Earnings for the Year 2021

WASHINGTON & CHARLESTON, W. Va--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter and the year of 2021. Earnings for the fourth quarter...

2 years ago - Business Wire

United Bankshares, Inc. Completes Its Acquisition of Community Bankers Trust Corporation

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. Completes Its Acquisition of Community Bankers Trust Corporation

2 years ago - Business Wire