United Bankshares, Inc. (UBSI)

United Bankshares Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	515.15	464.6	373	366.31	379.63	367.74
Depreciation & Amortization	25.5	26.5	19.66	22.62	24.1	22.82
Gain (Loss) on Sale of Assets	0.1	0.1	0.32	0.35	0.46	0.46
Gain (Loss) on Sale of Investments	4.25	4.25	23	22.88	12.79	10.04
Total Asset Writedown	0.06	0.06	0.22	0.95	1.12	4.6
Provision for Credit Losses	53.87	53.87	25.15	31.15	18.82	-23.97
Net Decrease (Increase) in Loans Originated / Sold - Operating	22.65	22.65	27.96	26.5	334.11	375.63
Accrued Interest Receivable	-6.82	-6.82	9.01	-16.53	-30.37	2.56
Change in Other Net Operating Assets	-29.93	-29.93	4.65	15.17	61.25	29.75
Other Operating Activities	-32.86	-39.98	-33.84	-20.87	-10.73	-27.3
Operating Cash Flow	555.58	498.91	445.45	435.24	760.82	609.54
Operating Cash Flow Growth	18.40%	12.00%	2.35%	-42.79%	24.82%	334.00%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-21.65	-17.71	-12.13	-11.69	-16.86	-15.38
Sale of Property, Plant and Equipment	1.14	1.44	0.1	2.54	0.9	1.62
Cash Acquisitions	-	77.48	-	-	-	39.42
Investment in Securities	-212.1	74.4	882.85	819.87	-1,087	-813.94
Purchase / Sale of Intangibles	-	-	12.49	23.45	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-961.93	-1,041	-318.05	-800.97	-2,367	882.15
Other Investing Activities	4.05	5.9	6.22	5.8	22.52	-78.21
Investing Cash Flow	-1,190	-899.31	571.49	38.99	-3,448	15.65

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	22.48	-	35.4	31.85	-
Long-Term Debt Issued	-	-	250	1,500	1,900	500
Total Debt Issued	22.48	22.48	250	1,535	1,932	500
Short-Term Debt Repaid	-	-	-20.01	-	-	-40.21
Long-Term Debt Repaid	-	-30.58	-1,500	-1,910	-520	-597.79
Total Debt Repaid	-36.86	-30.58	-1,520	-1,910	-520	-638
Net Debt Issued (Repaid)	-14.38	-8.09	-1,270	-374.85	1,412	-138
Issuance of Common Stock	3.15	0.75	5.27	1.75	10.3	5.21
Repurchase of Common Stock	-210.34	-126.99	-1.04	-1.38	-79.46	-11.21
Common Dividends Paid	-211.88	-209	-200.73	-194.73	-193.04	-181.28
Net Increase (Decrease) in Deposit Accounts	834.97	993.74	1,143	517.27	-1,044	1,249
Financing Cash Flow	401.52	650.41	-323.64	-51.94	105.32	923.91

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	-233.39	250.01	693.3	422.29	-2,582	1,549

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	533.93	481.19	433.33	423.55	743.96	594.16
Free Cash Flow Growth	16.89%	11.05%	2.31%	-43.07%	25.21%	389.33%
Free Cash Flow Margin	42.70%	40.03%	42.92%	41.36%	72.17%	56.87%
Free Cash Flow Per Share	3.81	3.39	3.20	3.14	5.51	4.59

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	581.62	581.62	590.64	468.12	98.16	54.59
Cash Income Tax Paid	114.46	114.46	86.22	105.46	93.68	101.23

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 23, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

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