United Bankshares (UBSI) to Release Earnings on Wednesday

United Bankshares (NASDAQ:UBSI - Get Free Report) is scheduled to be announcing its earnings results on Wednesday, April 24th.

United Bankshares (NASDAQ:UBSI - Get Free Report) last posted its quarterly earnings data on Friday, January 26th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.01. United Bankshares had a return on equity of 8.05% and a net margin of 23.84%. The firm had revenue of $402.85 million for the quarter, compared to the consensus estimate of $258.98 million. During the same quarter in the prior year, the business earned $0.74 EPS. On average, analysts expect United Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

United Bankshares Trading Up 0.4 %

NASDAQ:UBSI traded up $0.15 during trading hours on Tuesday, hitting $34.58. 354,138 shares of the stock were exchanged, compared to its average volume of 551,321. The company's 50 day moving average is $34.28 and its two-hundred day moving average is $33.84. United Bankshares has a twelve month low of $25.35 and a twelve month high of $38.74. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $4.67 billion, a P/E ratio of 12.76 and a beta of 1.00.

United Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 8th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 4.28%. The ex-dividend date of this dividend was Thursday, March 7th. United Bankshares's dividend payout ratio is 54.61%.

Analyst Upgrades and Downgrades

Separately, Raymond James increased their price target on United Bankshares from $38.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, January 5th.

About United Bankshares

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.