United Bankshares, Inc., a financial holding company, 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. It also offers personal, commercial, floor plan, and student loans; construction and real estate loans; and consumer loans, including credit card and home equity loans. In addition, the company provides safe deposit boxes, wire transfers, and other banking products and services; investment and security, and trust services; services to correspondent banks, including check clearing, safekeeping, and buying and selling federal funds; automated teller machine services; and Internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. The company operates 142 full service offices, which consists of 51 offices in West Virginia; 86 offices in the Shenandoah Valley region of Virginia and the Northern Virginia, Maryland, and Washington, D.C. metropolitan areas; 4 offices in southwestern Pennsylvania; and 1 office in southeastern Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:UBSI
Previous Symbol
CUSIP90990710
Phone304-424-8716
Debt
Debt-to-Equity Ratio0.47
Current Ratio1.02
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio17.12
Forward P/E Ratio13.27
P/E Growth1.73
Sales & Book Value
Annual Sales$755.45 million
Price / Sales4.44
Cash Flow$1.5530 per share
Price / Cash Flow20.94
Book Value$30.86 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$1.90
Net Income$150.58 million
Net Margins25.09%
Return on Equity7.64%
Return on Assets1.30%
Miscellaneous
Employees2,381
Outstanding Shares103,180,000
Market Cap$3.50 billion
OptionableOptionable
United Bankshares (NASDAQ:UBSI) Frequently Asked Questions
What is United Bankshares' stock symbol?
United Bankshares trades on the NASDAQ under the ticker symbol "UBSI."
How often does United Bankshares pay dividends? What is the dividend yield for United Bankshares?
United Bankshares declared a quarterly dividend on Friday, November 16th. Shareholders of record on Friday, December 14th will be paid a dividend of $0.34 per share on Wednesday, January 2nd. This represents a $1.36 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Thursday, December 13th. View United Bankshares' Dividend History.
How will United Bankshares' stock buyback program work?
United Bankshares declared that its Board of Directors has approved a stock repurchase program on Wednesday, August 30th 2017, which permits the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were United Bankshares' earnings last quarter?
United Bankshares, Inc. (NASDAQ:UBSI) issued its earnings results on Thursday, October, 25th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.63 by $0.01. The financial services provider earned $180.46 million during the quarter, compared to the consensus estimate of $189.56 million. United Bankshares had a net margin of 25.09% and a return on equity of 7.64%. View United Bankshares' Earnings History.
When is United Bankshares' next earnings date?
What price target have analysts set for UBSI?
3 Wall Street analysts have issued 1 year price objectives for United Bankshares' stock. Their predictions range from $38.00 to $38.00. On average, they expect United Bankshares' share price to reach $38.00 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for United Bankshares.
What is the consensus analysts' recommendation for United Bankshares?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Bankshares in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for United Bankshares.
Has United Bankshares been receiving favorable news coverage?
Media coverage about UBSI stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. United Bankshares earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of United Bankshares' key competitors?
Some companies that are related to United Bankshares include SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Popular (BPOP), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), Investors Bancorp (ISBC), First Financial Bankshares (FFIN), Wintrust Financial (WTFC), IBERIABANK (IBKC), Glacier Bancorp (GBCI), Associated Banc (ASB) and First Hawaiian (FHB).
Who are United Bankshares' key executives?
United Bankshares' management team includes the folowing people:
- Mr. Richard M. Adams Sr., Chairman & CEO (Age 71)
- Richard Matthew Adams Jr., Pres (Age 50)
- Mr. W. Mark Tatterson, Exec. VP, CFO & Treasurer (Age 43)
- Mr. James J. Consagra Jr., CPA, Exec. VP & COO (Age 57)
- Mr. Craige L. Smith, Exec. VP and Chief Admin. & Information Officer (Age 66)
Who are United Bankshares' major shareholders?
United Bankshares' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.52%), Vanguard Group Inc. (9.31%), Dimensional Fund Advisors LP (4.05%), Earnest Partners LLC (2.13%), Fuller & Thaler Asset Management Inc. (1.84%) and Bank of New York Mellon Corp (1.35%). Company insiders that own United Bankshares stock include Bernard H Clineburg, Gary G White, Michael P Fitzgerald, Peter A Converse, Richard M Adams Jr, Richard M Sr Adams Sr and William Mark Tatterson. View Institutional Ownership Trends for United Bankshares.
Which major investors are selling United Bankshares stock?
UBSI stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Tributary Capital Management LLC, Heartland Advisors Inc., Citadel Advisors LLC, WBI Investments Inc., Wells Fargo & Company MN, Bronfman E.L. Rothschild L.P. and Man Group plc. Company insiders that have sold United Bankshares company stock in the last year include Michael P Fitzgerald and Peter A Converse. View Insider Buying and Selling for United Bankshares.
Which major investors are buying United Bankshares stock?
UBSI stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Dimensional Fund Advisors LP, McKinley Carter Wealth Services Inc., The Manufacturers Life Insurance Company , Ontario Teachers Pension Plan Board, SG Americas Securities LLC, MetLife Investment Advisors LLC and Resources Management Corp CT ADV. Company insiders that have bought United Bankshares stock in the last two years include Gary G White, Peter A Converse, Richard M Adams Jr, Richard M Sr Adams Sr and William Mark Tatterson. View Insider Buying and Selling for United Bankshares.
How do I buy shares of United Bankshares?
Shares of UBSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is United Bankshares' stock price today?
One share of UBSI stock can currently be purchased for approximately $32.52.
How big of a company is United Bankshares?
United Bankshares has a market capitalization of $3.50 billion and generates $755.45 million in revenue each year. The financial services provider earns $150.58 million in net income (profit) each year or $1.90 on an earnings per share basis. United Bankshares employs 2,381 workers across the globe.
What is United Bankshares' official website?
How can I contact United Bankshares?
United Bankshares' mailing address is 300 UNITED CTR 500 VIRGINIA ST E, CHARLESTON WV, 25301. The financial services provider can be reached via phone at 304-424-8716.
MarketBeat Community Rating for United Bankshares (NASDAQ UBSI)
MarketBeat's community ratings are surveys of what our community members think about United Bankshares and other stocks. Vote "Outperform" if you believe UBSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UBSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
