United Bankshares, Inc. (UBSI)

United Bankshares Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	366.31	379.63	367.74	289.02	260.1
Depreciation & Amortization	23.11	23.67	7.91	-16.44	-29.76
Share-Based Compensation	12.59	10.92	8.32	6.33	5.14
Other Operating Activities	33.23	346.6	225.57	-138.47	-83.51
Operating Cash Flow	435.24	760.82	609.54	140.45	151.97
Operating Cash Flow Growth	-42.79%	24.82%	334.00%	-7.58%	-48.32%
Capital Expenditures	-9.15	-15.96	-13.76	-14.67	-10.83
Acquisitions	0	0	39.42	629.11	0
Change in Investments	18.89	-3,454.21	68.21	-496.98	-385.34
Other Investing Activities	29.25	22.52	-78.21	20.13	12.86
Investing Cash Flow	38.99	-3,447.66	15.65	137.59	-383.32
Dividends Paid	-194.73	-193.04	-181.28	-162.71	-138.94
Share Issuance / Repurchase	0.37	-69.17	-6.01	-20.08	-34.4
Debt Issued / Paid	-374.85	1,412	-138	-1,579.35	363.33
Other Financing Activities	517.27	-1,044.33	1,249	2,856	-141.54
Financing Cash Flow	-51.94	105.32	923.91	1,094	48.45
Net Cash Flow	422.29	-2,581.52	1,549	1,372	-182.9
Free Cash Flow	426.09	744.86	595.78	125.78	141.13
Free Cash Flow Growth	-42.80%	25.02%	373.68%	-10.88%	-52.43%
Free Cash Flow Margin	41.61%	72.26%	57.02%	13.41%	19.96%
Free Cash Flow Per Share	3.17	5.53	4.61	1.05	1.39

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).