Free Trial
→ The “supermetal” that could power AI (From True Market Insiders) (Ad) Buy UBSI Stock  Free UBSI Stock Alerts

United Bankshares (UBSI) Financials

United Bankshares logo
$36.25 -0.13 (-0.36%)
Closing price 05/30/2025 04:00 PM Eastern
Extended Trading
$36.14 -0.11 (-0.30%)
As of 05/30/2025 04:40 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for United Bankshares

Annual Income Statements for United Bankshares

This table shows United Bankshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 373 366 380 368 289 260 256 151 147 138
Consolidated Net Income / (Loss)		 373 366 380 368 289 260 256 151 147 138
Net Income / (Loss) Continuing Operations		 373 366 380 368 289 260 256 151 147 138
Total Pre-Tax Income 		465 464 476 463 360 324 327 285 223 203
Total Revenue		 1,035 1,055 1,050 1,021 1,045 728 717 681 495 458
Net Interest Income / (Expense)		 911 920 896 743 690 578 589 549 425 384
Total Interest Income		 1,502 1,401 1,002 795 798 763 718 624 470 424
Loans and Leases Interest Income		 1,303 1,203 865 724 722 667 637 566 431 388
Investment Securities Interest Income		 133 151 114 62 67 74 62 42 36 34
Federal Funds Sold and Securities Borrowed Interest Income		 66 47 23 8.73 9.78 21 19 16 3.50 1.65
Total Interest Expense		 591 481 106 52 109 185 129 75 45 40
Deposits Interest Expense		 540 391 80 42 79 136 92 50 29 28
Short-Term Borrowings Interest Expense		 7.97 6.45 1.79 0.69 1.03 2.35 2.25 1.58 1.58 0.83
Long-Term Debt Interest Expense		 43 84 24 10 29 47 35 24 14 11
Total Non-Interest Income		 124 135 153 278 355 150 129 132 70 74
Other Service Charges		 17 25 17 18 8.92 1.33 1.77 2.04 1.34 49
Net Realized & Unrealized Capital Gains on Investments		 -7.72 -7.65 0.78 2.68 5.38 0.18 0.15 5.58 0.28 0.16
Other Non-Interest Income		 115 118 136 258 340 149 127 124 68 5.56
Provision for Credit Losses		 25 31 19 -24 107 21 22 28 25 23
Total Non-Interest Expense		 545 560 555 582 578 383 368 367 248 232
Salaries and Employee Benefits		 288 279 288 334 324 210 201 201 122 115
Net Occupancy & Equipment Expense		 105 106 104 99 98 71 74 71 51 48
Property & Liability Insurance Claims		 20 30 12 8.35 10 8.07 11 7.05 8.55 8.37
Other Operating Expenses		 129 140 143 128 136 93 82 88 66 60
Impairment Charge		 2.69 5.60 7.10 12 9.43 0.42 0.27 - - 0.05
Other Special Charges		 -0.08 -0.06 0.70 0.05 1.97 - - - - -
Income Tax Expense		 92 97 96 95 71 64 71 134 76 66
Basic Earnings per Share		 $2.76 $2.72 $2.81 $2.84 $2.40 $2.55 $2.46 $1.54 $2.00 $1.99
Weighted Average Basic Shares Outstanding		 134.95M 134.51M 134.78M 129.28M 120.02M 101.59M 104.02M 97.50M 73.53M 69.33M
Diluted Earnings per Share		 $2.75 $2.71 $2.80 $2.83 $2.40 $2.55 $2.45 $1.54 $1.99 $1.98
Weighted Average Diluted Shares Outstanding		 135.23M 134.75M 135.12M 129.51M 120.09M 101.85M 104.30M 97.89M 73.89M 69.63M
Weighted Average Basic & Diluted Shares Outstanding		 143.21M 134.95M 134.75M 136.52M 128.98M 101.57M 104.20M 97.80M 73.50M 69.30M
Cash Dividends to Common per Share		 $1.48 $1.45 $1.44 $1.41 $1.40 $1.37 $1.36 $1.33 $1.32 $1.29

Quarterly Income Statements for United Bankshares

This table shows United Bankshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 88 102 97 87 72 96 100 98 102 100
Consolidated Net Income / (Loss)		 94 95 97 87 79 96 92 98 100 103
Net Income / (Loss) Continuing Operations		 88 102 97 87 72 96 100 98 102 100
Total Pre-Tax Income 		121 120 115 108 104 121 116 123 126 129
Total Revenue		 255 269 256 255 255 262 270 268 283 271
Net Interest Income / (Expense)		 233 230 226 222 230 228 227 234 249 241
Total Interest Income		 376 383 374 369 369 357 346 329 308 264
Loans and Leases Interest Income		 324 332 326 321 321 308 294 280 262 226
Investment Securities Interest Income		 30 32 35 36 37 37 39 38 37 31
Federal Funds Sold and Securities Borrowed Interest Income		 22 19 13 12 12 12 13 11 8.95 6.83
Total Interest Expense		 143 152 148 147 139 128 118 95 58 23
Deposits Interest Expense		 136 143 132 128 122 109 92 69 44 18
Short-Term Borrowings Interest Expense		 1.63 2.05 2.21 2.08 2.00 1.81 1.49 1.16 0.87 0.49
Long-Term Debt Interest Expense		 6.11 7.11 14 16 15 18 25 25 13 4.91
Total Non-Interest Income		 29 32 30 32 34 34 35 33 31 33
Other Service Charges		 1.94 9.03 2.74 2.98 5.98 2.97 12 3.69 7.71 0.79
Other Non-Interest Income		 28 30 28 29 27 31 30 29 26 29
Provision for Credit Losses		 6.69 6.94 5.78 5.74 6.88 5.95 11 6.89 16 7.67
Total Non-Interest Expense		 134 135 135 141 152 135 135 137 138 137
Salaries and Employee Benefits		 72 72 71 74 68 72 71 69 68 70
Net Occupancy & Equipment Expense		 26 27 26 27 26 26 27 26 26 27
Property & Liability Insurance Claims		 3.88 4.34 5.06 6.46 17 4.60 4.57 4.59 3.25 3.06
Other Operating Expenses		 32 33 32 33 41 31 32 36 38 35
Impairment Charge		 0.27 0.40 1.01 1.02 0.96 1.05 1.70 1.88 - 1.85
Other Special Charges		 0.01 -0.03 0.03 -0.08 -0.13 0.09 0.02 -0.04 1.06 0.13
Income Tax Expense		 27 25 19 21 25 25 23 24 27 26
Basic Earnings per Share		 $0.71 $0.70 $0.71 $0.64 $0.60 $0.71 $0.68 $0.73 $0.74 $0.76
Weighted Average Basic Shares Outstanding		 134.95M 135.16M 135.14M 134.81M 134.51M 134.69M 134.68M 134.41M 134.78M 134.18M
Diluted Earnings per Share		 $0.70 $0.70 $0.71 $0.64 $0.59 $0.71 $0.68 $0.73 $0.73 $0.76
Weighted Average Diluted Shares Outstanding		 135.23M 135.50M 135.31M 135.12M 134.75M 134.89M 134.85M 134.84M 135.12M 134.55M
Weighted Average Basic & Diluted Shares Outstanding		 143.21M 135.22M 135.22M 135.20M 134.95M 134.93M 134.94M 134.93M 134.75M 134.66M

Annual Cash Flow Statements for United Bankshares

This table details how cash moves in and out of United Bankshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 693 422 -2,582 1,549 1,372 -183 -646 232 577 104
Net Cash From Operating Activities		 445 435 761 610 140 152 294 254 171 175
Net Cash From Continuing Operating Activities		 445 435 761 610 140 152 294 254 171 175
Net Income / (Loss) Continuing Operations		 373 366 380 368 289 260 256 151 147 138
Consolidated Net Income / (Loss)		 373 366 380 368 289 260 256 151 147 138
Provision For Loan Losses		 25 31 19 -24 107 21 22 28 25 23
Depreciation Expense		 16 17 18 17 13 9.33 10 -22 -8.72 0.75
Amortization Expense		 9.96 21 19 4.05 -17 -22 -27 3.31 5.16 4.38
Non-Cash Adjustments to Reconcile Net Income		 7.98 0.79 294 213 -291 -116 19 73 17 -0.42
Changes in Operating Assets and Liabilities, net		 14 -1.36 31 32 39 -0.86 13 20 -15 9.66
Net Cash From Investing Activities		 571 39 -3,448 16 138 -383 -873 267 31 -185
Net Cash From Continuing Investing Activities		 571 39 -3,448 16 138 -383 -873 267 31 -185
Purchase of Property, Leasehold Improvements and Equipment		 -12 -12 -17 -15 -19 -11 -5.78 -14 -7.27 -5.26
Purchase of Investment Securities		 -2,518 -1,089 -4,042 -723 -1,356 -902 -1,367 -467 -565 -405
Sale of Property, Leasehold Improvements and Equipment		 0.10 2.54 0.90 1.62 4.35 0.25 8.40 0.02 0.55 0.87
Sale and/or Maturity of Investments		 3,102 1,137 610 752 1,508 529 491 748 603 224
Net Cash From Financing Activities		 -324 -52 105 924 1,094 48 -67 -289 375 115
Net Cash From Continuing Financing Activities		 -324 -52 105 924 1,094 48 -67 -289 375 115
Net Change in Deposits		 1,143 517 -1,044 1,249 2,856 -142 165 -314 484 298
Issuance of Debt		 250 1,500 1,900 500 500 1,498 950 815 795 705
Repayment of Debt		 -1,520 -1,875 -488 -638 -2,079 -1,135 -931 -673 -1,020 -807
Repurchase of Common Equity		 -1.04 -1.38 -79 -11 -21 -36 -101 -0.00 0.00 0.00
Payment of Dividends		 -201 -195 -193 -181 -163 -139 -142 -121 -96 -89
Other Financing Activities, Net		 5.27 1.75 10 5.21 1.24 1.27 1.50 4.62 13 7.87
Cash Interest Paid		 591 468 98 55 115 183 125 73 45 40
Cash Income Taxes Paid		 92 106 94 101 65 56 55 73 62 52

Quarterly Cash Flow Statements for United Bankshares

This table details how cash moves in and out of United Bankshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 383 50 126 134 415 -508 -226 742 -180 -302
Net Cash From Operating Activities		 136 124 61 124 163 90 65 118 137 134
Net Cash From Continuing Operating Activities		 445 - - 0.00 435 - - 0.00 761 -
Net Income / (Loss) Continuing Operations		 373 - - 0.00 366 - - 0.00 380 -
Net Cash From Investing Activities		 166 185 223 -2.43 -250 -68 265 91 -629 -740
Net Cash From Continuing Investing Activities		 166 185 223 -2.43 -250 -68 265 91 -629 -740
Purchase of Property, Leasehold Improvements and Equipment		 -2.80 -1.59 -2.97 -4.77 -3.21 -1.76 -3.28 -3.45 -5.01 -5.73
Purchase of Investment Securities		 -708 -710 -638 -461 -839 168 -302 -115 -759 -891
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.00 0.03 0.06 0.03 0.04 - 2.47 0.01 0.05
Sale and/or Maturity of Investments		 877 898 864 464 593 -234 570 208 135 157
Net Cash From Financing Activities		 81 -259 -158 12 502 -530 -556 532 312 305
Net Cash From Continuing Financing Activities		 81 -259 -158 12 502 -530 -556 532 312 305
Net Change in Deposits		 134 762 147 101 143 307 85 -18 -560 -163
Repayment of Debt		 -5.88 -22 -4.21 -1,488 35 -16 6.65 -1,901 -482 14
Payment of Dividends		 -50 -50 -50 -50 -49 -49 -49 -49 -49 -49
Other Financing Activities, Net		 3.74 0.71 0.12 0.70 0.17 0.01 0.00 1.56 2.38 1.54

Annual Balance Sheets for United Bankshares

This table presents United Bankshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 30,024 29,926 29,489 29,329 26,184 19,662 19,250 19,059 14,509 12,578
Cash and Due from Banks		 241 257 294 283 297 185 188 197 175 137
Federal Funds Sold		 1.27 1.17 1.08 0.93 0.82 0.82 0.80 0.79 0.73 0.72
Interest Bearing Deposits at Other Banks		 2,050 1,341 881 3,474 1,911 651 832 1,469 1,258 720
Trading Account Securities		 3,026 3,853 4,607 4,561 3,684 2,835 2,607 2,175 1,301 1,116
Loans and Leases, Net of Allowance		 21,402 21,100 20,323 17,808 17,356 13,635 13,353 12,935 10,268 9,308
Loans and Leases		 21,673 21,359 20,558 18,024 17,591 13,712 13,430 13,011 10,341 9,384
Allowance for Loan and Lease Losses		 272 259 235 216 236 77 77 77 73 76
Premises and Equipment, Net		 186 191 199 197 176 97 95 105 76 73
Goodwill		 1,889 1,889 1,889 1,886 1,797 1,478 1,478 1,478 864 710
Other Assets		 1,228 1,296 1,294 1,119 963 780 695 700 565 513
Total Liabilities & Shareholders' Equity		 30,024 29,926 29,489 29,329 26,184 19,662 19,250 19,059 14,509 12,578
Total Liabilities		 25,030 25,155 24,973 24,610 21,887 16,298 15,999 15,818 12,273 10,865
Non-Interest Bearing Deposits		 6,135 6,149 7,200 7,497 7,405 4,621 4,417 4,295 3,172 2,700
Interest Bearing Deposits		 17,826 16,670 15,103 15,854 13,180 9,231 9,578 9,536 7,625 6,642
Short-Term Debt		 176 196 161 129 142 125 153 311 237 342
Long-Term Debt		 540 1,789 2,198 817 864 2,088 1,674 1,514 1,122 1,074
Other Long-Term Liabilities		 352 351 312 314 295 233 152 146 95 86
Total Equity & Noncontrolling Interests		 4,993 4,771 4,516 4,719 4,298 3,364 3,252 3,241 2,236 1,713
Total Preferred & Common Equity		 4,993 4,771 4,516 4,719 4,298 3,364 3,252 3,241 2,236 1,713
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 4,993 4,771 4,516 4,719 4,298 3,364 3,252 3,241 2,236 1,713
Common Stock		 3,553 3,537 3,524 3,503 3,229 2,404 2,398 2,392 1,408 927
Retained Earnings		 1,918 1,746 1,575 1,391 1,205 1,133 1,013 892 873 825
Treasury Stock		 -253 -252 -250 -171 -159 -138 -102 -1.01 -0.98 -0.82
Accumulated Other Comprehensive Income / (Loss)		 -224 -260 -333 -4.89 22 -35 -57 -42 -45 -38

Quarterly Balance Sheets for United Bankshares

This table presents United Bankshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 29,863 29,957 30,029 29,225 29,695 30,182 29,048
Cash and Due from Banks		 278 241 238 270 304 310 322
Federal Funds Sold		 1.25 1.21 1.19 1.16 1.12 1.11 1.07
Interest Bearing Deposits at Other Banks		 1,630 1,616 1,493 913 1,387 1,608 1,033
Trading Account Securities		 3,296 3,394 3,668 3,819 4,106 4,496 4,866
Loans and Leases, Net of Allowance		 21,351 21,331 21,257 20,843 20,514 20,372 19,480
Loans and Leases		 21,622 21,599 21,520 21,098 20,764 20,612 19,700
Allowance for Loan and Lease Losses		 271 267 263 255 251 240 220
Premises and Equipment, Net		 187 190 191 192 194 196 199
Goodwill		 1,889 1,889 1,889 1,889 1,889 1,889 1,889
Other Assets		 1,231 1,294 1,291 1,299 1,299 1,311 1,258
Total Liabilities & Shareholders' Equity		 29,863 29,957 30,029 29,225 29,695 30,182 29,048
Total Liabilities		 24,895 25,101 25,221 24,576 25,058 25,576 24,608
Non-Interest Bearing Deposits		 6,038 5,932 6,017 6,253 6,451 6,708 7,619
Interest Bearing Deposits		 17,790 17,135 16,902 16,424 15,919 15,577 15,245
Short-Term Debt		 182 204 208 188 177 170 142
Long-Term Debt		 540 1,490 1,739 1,389 2,188 2,788 1,297
Other Long-Term Liabilities		 345 341 354 322 323 333 305
Total Equity & Noncontrolling Interests		 4,968 4,857 4,807 4,649 4,637 4,607 4,440
Total Preferred & Common Equity		 4,968 4,857 4,807 4,649 4,637 4,607 4,440
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 4,968 4,857 4,807 4,649 4,637 4,607 4,440
Common Stock		 3,547 3,543 3,540 3,534 3,531 3,527 3,519
Retained Earnings		 1,874 1,829 1,782 1,716 1,669 1,625 1,524
Treasury Stock		 -253 -253 -253 -252 -252 -252 -250
Accumulated Other Comprehensive Income / (Loss)		 -199 -261 -261 -349 -311 -294 -352

Annual Metrics And Ratios for United Bankshares

This table displays calculated financial ratios and metrics derived from United Bankshares' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -1.94% 0.52% 2.82% -2.27% 43.40% 1.54% 5.39% 37.40% 8.22% 0.24%
EBITDA Growth		 -2.37% -2.12% 6.11% 35.71% 14.22% 0.56% 16.36% 21.67% 5.02% 5.95%
EBIT Growth		 0.17% -2.52% 2.79% 28.66% 10.88% -0.83% 14.86% 27.92% 9.42% 4.41%
NOPAT Growth		 1.82% -3.51% 3.23% 27.23% 11.12% 1.47% 70.24% 2.38% 6.61% 6.21%
Net Income Growth		 1.82% -3.51% 3.23% 27.23% 11.12% 1.47% 70.24% 2.38% 6.61% 6.21%
EPS Growth		 1.48% -3.21% -1.06% 17.92% -5.88% 4.08% 59.09% -22.61% 0.51% 3.13%
Operating Cash Flow Growth		 2.35% -42.79% 24.82% 334.00% -7.58% -48.32% 15.79% 48.73% -2.38% 14.64%
Free Cash Flow Firm Growth		 193.07% 158.36% -11,691.31% -98.72% 336.05% -197.63% 118.45% -313.43% -309.31% 115.37%
Invested Capital Growth		 -15.49% -1.72% 21.35% 6.80% -4.88% 9.80% 0.25% 40.91% 14.91% -0.46%
Revenue Q/Q Growth		 0.00% -2.56% 4.50% -4.92% 12.01% 0.27% -1.52% 9.27% 3.04% -1.01%
EBITDA Q/Q Growth		 9.85% 1.09% 16.56% -0.76% 12.09% -5.02% -6.67% 1.92% 3.63% 2.87%
EBIT Q/Q Growth		 4.10% -6.63% 8.10% -4.99% 13.18% -1.20% -1.55% 8.90% 5.32% 0.35%
NOPAT Q/Q Growth		 4.20% -5.27% 7.33% -4.79% 11.19% -0.26% 21.85% -12.31% 3.98% 0.16%
Net Income Q/Q Growth		 4.20% -5.27% 7.33% -4.79% 11.19% -0.26% 21.85% -12.31% 3.98% 0.16%
EPS Q/Q Growth		 4.17% -4.91% 6.46% -6.60% 6.19% 0.39% 23.12% -18.95% 1.53% 0.00%
Operating Cash Flow Q/Q Growth		 -5.57% 6.23% 11.87% -17.52% 796.17% -8.58% -15.40% -14.18% 0.18% 11.38%
Free Cash Flow Firm Q/Q Growth		 58.80% 1,092.10% -423.62% -98.01% 79.85% -14.52% -35.99% -2.62% 42.46% -64.44%
Invested Capital Q/Q Growth		 0.35% 8.52% 16.92% 5.54% -0.68% 3.41% 3.14% -0.56% -1.13% 6.43%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 47.38% 47.59% 48.87% 47.36% 34.11% 42.82% 43.24% 39.16% 44.23% 45.57%
EBIT Margin		 44.90% 43.96% 45.33% 45.34% 34.44% 44.54% 45.61% 41.85% 44.95% 44.45%
Profit (Net Income) Margin		 36.05% 34.72% 36.17% 36.02% 27.67% 35.71% 35.73% 22.12% 29.69% 30.14%
Tax Burden Percent		 80.29% 78.98% 79.79% 79.45% 80.34% 80.17% 78.35% 52.87% 66.06% 67.80%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 19.71% 21.02% 20.21% 20.55% 19.66% 19.83% 21.65% 47.13% 33.94% 32.20%
Return on Invested Capital (ROIC)		 5.98% 5.37% 6.05% 6.70% 5.31% 4.88% 5.05% 3.48% 4.38% 4.40%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.98% 5.37% 6.05% 6.70% 5.31% 4.88% 5.05% 3.48% 4.38% 4.40%
Return on Net Nonoperating Assets (RNNOA)		 1.66% 2.51% 2.17% 1.45% 2.23% 2.98% 2.84% 2.02% 3.08% 3.79%
Return on Equity (ROE)		 7.64% 7.89% 8.22% 8.16% 7.54% 7.86% 7.90% 5.50% 7.45% 8.19%
Cash Return on Invested Capital (CROIC)		 22.78% 7.11% -13.24% 0.13% 10.32% -4.46% 4.80% -30.49% -9.50% 4.86%
Operating Return on Assets (OROA)		 1.55% 1.56% 1.62% 1.67% 1.57% 1.67% 1.71% 1.70% 1.64% 1.63%
Return on Assets (ROA)		 1.24% 1.23% 1.29% 1.32% 1.26% 1.34% 1.34% 0.90% 1.09% 1.11%
Return on Common Equity (ROCE)		 7.64% 7.89% 8.22% 8.16% 7.54% 7.86% 7.90% 5.50% 7.45% 8.19%
Return on Equity Simple (ROE_SIMPLE)		 7.47% 7.68% 8.41% 7.79% 6.73% 7.73% 7.88% 4.65% 6.58% 8.06%
Net Operating Profit after Tax (NOPAT)		 373 366 380 368 289 260 256 151 147 138
NOPAT Margin		 36.05% 34.72% 36.17% 36.02% 27.67% 35.71% 35.73% 22.12% 29.69% 30.14%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.04% 36.46% 37.42% 42.44% 40.32% 38.58% 38.30% 39.96% 35.06% 35.70%
Operating Expenses to Revenue		 52.67% 53.09% 52.88% 57.01% 55.36% 52.53% 51.32% 53.98% 50.10% 50.61%
Earnings before Interest and Taxes (EBIT)		 465 464 476 463 360 324 327 285 223 203
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 490 502 513 483 356 312 310 267 219 209
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.02 1.02 1.11 0.89 0.85 0.96 0.78 0.86 1.17 1.07
Price to Tangible Book Value (P/TBV)		 1.64 1.69 1.91 1.49 1.46 1.71 1.44 1.58 1.90 1.83
Price to Revenue (P/Rev)		 4.91 4.61 4.77 4.14 3.49 4.43 3.55 4.10 5.26 4.01
Price to Earnings (P/E)		 13.61 13.27 13.19 11.48 12.61 12.42 9.93 18.52 17.73 13.31
Dividend Yield		 3.94% 4.03% 3.87% 5.39% 4.98% 4.31% 5.51% 5.01% 3.87% 4.89%
Earnings Yield		 7.35% 7.54% 7.58% 8.71% 7.93% 8.05% 10.07% 5.40% 5.64% 7.51%
Enterprise Value to Invested Capital (EV/IC)		 0.61 0.78 0.90 0.25 0.46 0.83 0.66 0.58 0.70 0.77
Enterprise Value to Revenue (EV/Rev)		 3.38 4.97 5.90 1.38 2.34 6.32 4.67 4.33 5.11 5.23
Enterprise Value to EBITDA (EV/EBITDA)		 7.14 10.45 12.07 2.92 6.85 14.76 10.81 11.06 11.56 11.48
Enterprise Value to EBIT (EV/EBIT)		 7.54 11.31 13.01 3.05 6.79 14.19 10.25 10.35 11.38 11.77
Enterprise Value to NOPAT (EV/NOPAT)		 9.39 14.32 16.31 3.83 8.45 17.70 13.08 19.58 17.22 17.36
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.86 12.05 8.14 2.31 17.39 30.30 11.40 11.61 14.84 13.69
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.47 10.83 0.00 196.83 4.35 0.00 13.77 0.00 0.00 15.70
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.14 0.42 0.52 0.20 0.23 0.66 0.56 0.56 0.61 0.83
Long-Term Debt to Equity		 0.11 0.38 0.49 0.17 0.20 0.62 0.51 0.47 0.50 0.63
Financial Leverage		 0.28 0.47 0.36 0.22 0.42 0.61 0.56 0.58 0.70 0.86
Leverage Ratio		 6.14 6.40 6.37 6.16 5.98 5.88 5.90 6.13 6.86 7.39
Compound Leverage Factor		 6.14 6.40 6.37 6.16 5.98 5.88 5.90 6.13 6.86 7.39
Debt to Total Capital		 12.55% 29.38% 34.31% 16.70% 18.98% 39.68% 35.97% 36.03% 37.81% 45.26%
Short-Term Debt to Total Capital		 3.08% 2.90% 2.34% 2.27% 2.68% 2.24% 3.01% 6.15% 6.60% 10.92%
Long-Term Debt to Total Capital		 9.46% 26.48% 31.97% 14.43% 16.30% 37.44% 32.96% 29.89% 31.21% 34.34%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 87.45% 70.62% 65.69% 83.30% 81.02% 60.32% 64.03% 63.97% 62.19% 54.74%
Debt to EBITDA		 1.46 3.95 4.60 1.96 2.83 7.09 5.89 6.85 6.20 6.79
Net Debt to EBITDA		 -3.21 0.77 2.30 -5.82 -3.38 4.41 2.60 0.60 -0.34 2.68
Long-Term Debt to EBITDA		 1.10 3.56 4.28 1.69 2.43 6.69 5.40 5.68 5.12 5.15
Debt to NOPAT		 1.92 5.42 6.21 2.57 3.48 8.51 7.13 12.12 9.24 10.26
Net Debt to NOPAT		 -4.22 1.05 3.11 -7.65 -4.16 5.29 3.15 1.06 -0.51 4.05
Long-Term Debt to NOPAT		 1.45 4.88 5.79 2.22 2.99 8.03 6.53 10.05 7.63 7.79
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,420 484 -830 7.16 561 -238 244 -1,320 -319 153
Operating Cash Flow to CapEx		 3,703.78% 4,759.29% 4,767.06% 4,429.15% 957.31% 1,402.93% 0.00% 1,770.77% 2,541.82% 3,977.73%
Free Cash Flow to Firm to Interest Expense		 2.40 1.01 -7.86 0.14 5.17 -1.29 1.89 -17.65 -7.09 3.86
Operating Cash Flow to Interest Expense		 0.75 0.90 7.21 11.64 1.29 0.82 2.28 3.39 3.79 4.43
Operating Cash Flow Less CapEx to Interest Expense		 0.73 0.89 7.06 11.37 1.16 0.76 2.30 3.20 3.64 4.32
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.04 0.04 0.04 0.05 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 5.49 5.42 5.30 5.47 7.67 7.59 7.17 7.53 6.65 6.08
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 5,710 6,756 6,875 5,665 5,304 5,577 5,079 5,066 3,595 3,129
Invested Capital Turnover		 0.17 0.15 0.17 0.19 0.19 0.14 0.14 0.16 0.15 0.15
Increase / (Decrease) in Invested Capital		 -1,047 -118 1,210 361 -272 498 13 1,471 466 -15
Enterprise Value (EV)		 3,502 5,246 6,191 1,410 2,442 4,604 3,353 2,948 2,533 2,395
Market Capitalization		 5,078 4,860 5,009 4,221 3,644 3,229 2,547 2,789 2,608 1,836
Book Value per Share		 $36.93 $35.36 $33.54 $36.52 $33.12 $33.13 $31.51 $30.86 $29.24 $24.62
Tangible Book Value per Share		 $22.96 $21.36 $19.51 $21.92 $19.27 $18.57 $17.19 $16.78 $17.95 $14.41
Total Capital		 5,710 6,756 6,875 5,665 5,304 5,577 5,079 5,066 3,595 3,129
Total Debt		 717 1,985 2,358 946 1,007 2,213 1,827 1,825 1,359 1,416
Total Long-Term Debt		 540 1,789 2,198 817 864 2,088 1,674 1,514 1,122 1,074
Net Debt		 -1,576 386 1,182 -2,812 -1,202 1,375 807 159 -75 559
Capital Expenditures (CapEx)		 12 9.15 16 14 15 11 -2.62 14 6.72 4.40
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 717 1,985 2,358 946 1,007 2,213 1,827 1,825 1,359 1,416
Total Depreciation and Amortization (D&A)		 26 38 37 21 -3.48 -13 -17 -18 -3.56 5.13
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.76 $2.72 $2.81 $2.84 $2.40 $2.55 $2.46 $1.54 $2.00 $1.99
Adjusted Weighted Average Basic Shares Outstanding		 134.95M 134.51M 134.78M 129.28M 120.02M 101.59M 104.02M 97.50M 73.53M 69.33M
Adjusted Diluted Earnings per Share		 $2.75 $2.71 $2.80 $2.83 $2.40 $2.55 $2.45 $1.54 $1.99 $1.98
Adjusted Weighted Average Diluted Shares Outstanding		 135.23M 134.75M 135.12M 129.51M 120.09M 101.85M 104.30M 97.89M 73.89M 69.63M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 143.21M 134.95M 134.75M 136.52M 128.98M 101.57M 102.10M 105.04M 81.05M 69.63M
Normalized Net Operating Profit after Tax (NOPAT)		 375 371 386 378 298 260 257 151 147 138
Normalized NOPAT Margin		 36.25% 35.13% 36.76% 36.98% 28.55% 35.75% 35.76% 22.12% 29.69% 30.15%
Pre Tax Income Margin		 44.90% 43.96% 45.33% 45.34% 34.44% 44.54% 45.61% 41.85% 44.95% 44.45%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.79 0.96 4.51 8.84 3.31 1.76 2.53 3.81 4.95 5.15
NOPAT to Interest Expense		 0.63 0.76 3.60 7.02 2.66 1.41 1.99 2.01 3.27 3.49
EBIT Less CapEx to Interest Expense		 0.77 0.94 4.36 8.57 3.18 1.70 2.56 3.62 4.80 5.04
NOPAT Less CapEx to Interest Expense		 0.61 0.74 3.45 6.76 2.53 1.35 2.01 1.82 3.12 3.38
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 53.81% 53.16% 50.85% 49.30% 56.30% 53.42% 55.53% 80.59% 65.51% 64.41%
Augmented Payout Ratio		 54.09% 53.54% 71.78% 52.34% 63.67% 67.13% 94.82% 80.59% 65.51% 64.41%

Quarterly Metrics And Ratios for United Bankshares

This table displays calculated financial ratios and metrics derived from United Bankshares' official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 0.00% 2.59% -5.20% -4.92% -9.79% -3.19% 4.43% 12.78% 19.00% 8.21%
EBITDA Growth		 19.04% 4.71% -6.38% -12.42% -25.53% -3.93% 3.44% 21.43% 38.19% 8.75%
EBIT Growth		 19.04% 4.71% -6.38% -12.42% -25.53% -3.93% 3.44% 21.43% 38.19% 8.75%
NOPAT Growth		 18.92% -0.93% 4.38% -11.69% -20.42% -6.27% -3.30% 20.38% 35.09% 11.32%
Net Income Growth		 18.92% -0.93% 4.38% -11.69% -20.42% -6.27% -3.30% 20.38% 35.09% 11.32%
EPS Growth		 18.64% -1.41% 4.41% -12.33% -19.18% -6.58% -4.23% 21.67% 30.36% 7.04%
Operating Cash Flow Growth		 -16.17% 38.01% -5.78% 5.26% 18.63% -33.03% -68.54% -58.34% 143.24% -33.53%
Free Cash Flow Firm Growth		 477.78% 352.63% 136.65% 146.77% 117.79% 39.00% -8,048.56% -995.89% -287.10% -730.34%
Invested Capital Growth		 -15.49% -8.61% -6.46% -10.71% -1.72% 5.89% 29.38% 36.33% 21.35% 9.54%
Revenue Q/Q Growth		 -5.10% 5.07% 0.49% -1.70% -2.63% -2.91% 0.78% -5.31% 4.49% 4.74%
EBITDA Q/Q Growth		 -9.70% 9.75% 6.62% 8.28% -20.57% -1.88% -0.26% -4.21% 2.47% 5.66%
EBIT Q/Q Growth		 -9.70% 9.75% 6.62% 8.28% -20.57% -1.88% -0.26% -4.21% 2.47% 5.66%
NOPAT Q/Q Growth		 -0.90% -1.28% 11.17% 9.35% -17.44% 4.00% -5.95% -1.46% -2.75% 7.29%
Net Income Q/Q Growth		 -0.90% -1.28% 11.17% 9.35% -17.44% 4.00% -5.95% -1.46% -2.75% 7.29%
EPS Q/Q Growth		 0.00% -1.41% 10.94% 8.47% -16.90% 4.41% -6.85% 0.00% -3.95% 7.04%
Operating Cash Flow Q/Q Growth		 10.24% 102.04% -50.80% -23.50% 81.51% 37.93% -45.04% -13.79% 2.46% -35.20%
Free Cash Flow Firm Q/Q Growth		 80.75% 15.03% -38.81% 354.15% 179.03% 83.31% 21.91% -72.78% -170.94% -2,274.36%
Invested Capital Q/Q Growth		 0.35% -13.13% -3.03% -0.03% 8.52% -11.09% -7.44% 10.04% 16.92% 8.64%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 44.80% 47.09% 45.08% 42.49% 37.64% 46.14% 45.65% 46.13% 45.60% 46.49%
EBIT Margin		 44.80% 47.09% 45.08% 42.49% 37.64% 46.14% 45.65% 46.13% 45.60% 46.49%
Profit (Net Income) Margin		 36.99% 35.43% 37.71% 34.08% 31.11% 36.69% 34.25% 36.70% 35.27% 37.89%
Tax Burden Percent		 77.99% 79.44% 83.64% 80.22% 76.19% 79.51% 79.77% 80.08% 78.94% 79.83%
Interest Burden Percent		 105.87% 94.70% 100.00% 100.00% 108.48% 100.00% 94.05% 99.34% 97.97% 102.08%
Effective Tax Rate		 22.01% 20.56% 16.36% 19.78% 23.81% 20.49% 20.23% 19.92% 21.06% 20.17%
Return on Invested Capital (ROIC)		 6.14% 6.15% 5.72% 4.96% 4.82% 6.56% 6.02% 6.05% 5.90% 6.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.14% 6.15% 5.72% 4.96% 4.82% 6.56% 6.02% 6.05% 5.90% 6.77%
Return on Net Nonoperating Assets (RNNOA)		 1.70% 1.47% 2.45% 2.58% 2.25% 2.18% 2.17% 2.57% 2.11% 1.81%
Return on Equity (ROE)		 7.84% 7.62% 8.17% 7.55% 7.07% 8.74% 8.19% 8.62% 8.02% 8.58%
Cash Return on Invested Capital (CROIC)		 22.78% 15.01% 11.97% 16.27% 7.11% 0.67% -19.28% -24.70% -13.24% -2.82%
Operating Return on Assets (OROA)		 1.55% 1.65% 1.55% 1.47% 1.34% 1.71% 1.70% 1.67% 1.63% 1.65%
Return on Assets (ROA)		 1.28% 1.24% 1.30% 1.18% 1.10% 1.36% 1.28% 1.33% 1.26% 1.35%
Return on Common Equity (ROCE)		 7.84% 7.62% 8.17% 7.55% 7.07% 8.74% 8.19% 8.62% 8.02% 8.58%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 7.21% 7.39% 7.38% 0.00% 8.32% 8.48% 8.60% 0.00% 7.97%
Net Operating Profit after Tax (NOPAT)		 94 95 97 87 79 96 92 98 100 103
NOPAT Margin		 36.99% 35.43% 37.71% 34.08% 31.11% 36.69% 34.25% 36.70% 35.27% 37.89%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.42% 36.48% 37.86% 39.51% 36.87% 37.41% 36.09% 35.52% 33.09% 35.85%
Operating Expenses to Revenue		 52.57% 50.33% 52.66% 55.26% 59.67% 51.59% 50.11% 51.30% 48.62% 50.67%
Earnings before Interest and Taxes (EBIT)		 114 127 115 108 96 121 123 124 129 126
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 114 127 115 108 96 121 123 124 129 126
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.02 1.01 0.90 0.99 1.02 0.77 0.82 0.97 1.11 1.01
Price to Tangible Book Value (P/TBV)		 1.64 1.63 1.48 1.64 1.69 1.29 1.39 1.65 1.91 1.75
Price to Revenue (P/Rev)		 4.91 4.85 4.27 4.58 4.61 3.29 3.50 4.15 4.77 4.45
Price to Earnings (P/E)		 13.61 14.04 12.48 13.45 13.27 8.99 9.55 11.31 13.19 12.72
Dividend Yield		 3.94% 3.99% 4.53% 4.13% 4.03% 5.45% 5.08% 4.33% 3.87% 4.34%
Earnings Yield		 7.35% 7.12% 8.02% 7.43% 7.54% 11.13% 10.47% 8.84% 7.58% 7.86%
Enterprise Value to Invested Capital (EV/IC)		 0.61 0.67 0.64 0.74 0.78 0.64 0.64 0.73 0.90 0.77
Enterprise Value to Revenue (EV/Rev)		 3.38 3.70 4.11 4.79 4.97 3.66 4.12 5.11 5.90 4.53
Enterprise Value to EBITDA (EV/EBITDA)		 7.14 8.58 9.58 11.12 10.45 7.97 8.97 11.10 12.07 10.34
Enterprise Value to EBIT (EV/EBIT)		 7.54 8.58 9.58 11.12 11.31 7.97 8.97 11.10 13.01 10.34
Enterprise Value to NOPAT (EV/NOPAT)		 9.39 10.70 11.76 14.06 14.32 10.24 11.44 13.94 16.31 12.86
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.86 8.12 9.64 11.30 12.05 9.66 9.91 9.28 8.14 6.69
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.47 4.28 5.20 4.28 10.83 97.40 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.14 0.15 0.35 0.41 0.42 0.34 0.51 0.64 0.52 0.32
Long-Term Debt to Equity		 0.11 0.11 0.31 0.36 0.38 0.30 0.47 0.61 0.49 0.29
Financial Leverage		 0.28 0.24 0.43 0.52 0.47 0.33 0.36 0.43 0.36 0.27
Leverage Ratio		 6.14 6.14 6.28 6.40 6.40 6.41 6.41 6.47 6.37 6.38
Compound Leverage Factor		 6.50 5.82 6.28 6.40 6.94 6.41 6.03 6.43 6.24 6.51
Debt to Total Capital		 12.55% 12.69% 25.85% 28.83% 29.38% 25.33% 33.78% 39.11% 34.31% 24.49%
Short-Term Debt to Total Capital		 3.08% 3.20% 3.11% 3.08% 2.90% 3.02% 2.52% 2.25% 2.34% 2.42%
Long-Term Debt to Total Capital		 9.46% 9.49% 22.74% 25.75% 26.48% 22.31% 31.25% 36.86% 31.97% 22.06%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 87.45% 87.31% 74.15% 71.17% 70.62% 74.67% 66.22% 60.89% 65.69% 75.51%
Debt to EBITDA		 1.46 1.62 3.84 4.34 3.95 3.17 4.71 5.95 4.60 3.27
Net Debt to EBITDA		 -3.21 -2.66 -0.38 0.48 0.77 0.79 1.34 2.09 2.30 0.19
Long-Term Debt to EBITDA		 1.10 1.21 3.38 3.88 3.56 2.80 4.36 5.60 4.28 2.95
Debt to NOPAT		 1.92 2.02 4.72 5.49 5.42 4.08 6.02 7.47 6.21 4.07
Net Debt to NOPAT		 -4.22 -3.32 -0.46 0.60 1.05 1.02 1.71 2.62 3.11 0.24
Long-Term Debt to NOPAT		 1.45 1.51 4.15 4.90 4.88 3.59 5.57 7.04 5.79 3.67
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,141 631 549 897 197 -250 -1,498 -1,918 -1,110 -410
Operating Cash Flow to CapEx		 4,877.59% 7,814.03% 2,079.71% 2,641.13% 5,123.73% 5,231.89% 1,980.99% 12,031.98% 2,743.72% 2,353.18%
Free Cash Flow to Firm to Interest Expense		 7.96 4.14 3.70 6.11 1.42 -1.95 -12.64 -20.19 -19.03 -17.76
Operating Cash Flow to Interest Expense		 0.95 0.81 0.41 0.85 1.17 0.70 0.55 1.24 2.35 5.80
Operating Cash Flow Less CapEx to Interest Expense		 0.93 0.80 0.39 0.82 1.14 0.68 0.52 1.23 2.26 5.55
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.04 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 5.49 5.46 5.35 5.39 5.42 5.55 5.57 5.46 5.30 5.42
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 5,710 5,690 6,550 6,755 6,756 6,226 7,002 7,565 6,875 5,880
Invested Capital Turnover		 0.17 0.17 0.15 0.15 0.15 0.18 0.18 0.16 0.17 0.18
Increase / (Decrease) in Invested Capital		 -1,047 -536 -452 -810 -118 346 1,590 2,016 1,210 512
Enterprise Value (EV)		 3,502 3,830 4,220 4,988 5,246 3,958 4,498 5,523 6,191 4,550
Market Capitalization		 5,078 5,017 4,386 4,773 4,860 3,565 3,825 4,484 5,009 4,467
Book Value per Share		 $36.93 $36.74 $35.92 $35.62 $35.36 $34.45 $34.37 $34.19 $33.54 $32.99
Tangible Book Value per Share		 $22.96 $22.77 $21.95 $21.63 $21.36 $20.45 $20.37 $20.17 $19.51 $18.96
Total Capital		 5,710 5,690 6,550 6,755 6,756 6,226 7,002 7,565 6,875 5,880
Total Debt		 717 722 1,693 1,947 1,985 1,577 2,365 2,958 2,358 1,440
Total Long-Term Debt		 540 540 1,490 1,739 1,789 1,389 2,188 2,788 2,198 1,297
Net Debt		 -1,576 -1,187 -166 215 386 393 673 1,040 1,182 83
Capital Expenditures (CapEx)		 2.79 1.58 2.94 4.71 3.17 1.71 3.28 0.98 5.00 5.68
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 717 722 1,693 1,947 1,985 1,577 2,365 2,958 2,358 1,440
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.71 $0.70 $0.71 $0.64 $0.60 $0.71 $0.68 $0.73 $0.74 $0.76
Adjusted Weighted Average Basic Shares Outstanding		 134.95M 135.16M 135.14M 134.81M 134.51M 134.69M 134.68M 134.41M 134.78M 134.18M
Adjusted Diluted Earnings per Share		 $0.70 $0.70 $0.71 $0.64 $0.59 $0.71 $0.68 $0.73 $0.73 $0.76
Adjusted Weighted Average Diluted Shares Outstanding		 135.23M 135.50M 135.31M 135.12M 134.75M 134.89M 134.85M 134.84M 135.12M 134.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 143.21M 135.22M 135.22M 135.20M 134.95M 134.93M 134.94M 134.93M 134.75M 134.66M
Normalized Net Operating Profit after Tax (NOPAT)		 95 96 97 88 80 97 94 100 101 104
Normalized NOPAT Margin		 37.08% 35.54% 38.05% 34.38% 31.36% 37.03% 34.75% 37.25% 35.56% 38.47%
Pre Tax Income Margin		 47.43% 44.59% 45.08% 42.49% 40.83% 46.14% 42.93% 45.83% 44.67% 47.46%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.80 0.83 0.78 0.74 0.69 0.94 1.04 1.30 2.21 5.46
NOPAT to Interest Expense		 0.66 0.62 0.65 0.59 0.57 0.75 0.78 1.04 1.71 4.45
EBIT Less CapEx to Interest Expense		 0.78 0.82 0.76 0.71 0.67 0.93 1.01 1.29 2.13 5.21
NOPAT Less CapEx to Interest Expense		 0.64 0.61 0.63 0.56 0.55 0.74 0.75 1.02 1.62 4.20
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 53.81% 55.66% 55.11% 55.30% 53.16% 50.32% 49.44% 49.22% 50.85% 53.65%
Augmented Payout Ratio		 54.09% 55.95% 55.40% 55.59% 53.54% 50.67% 49.79% 63.04% 71.78% 76.11%

Frequently Asked Questions About United Bankshares' Financials

When does United Bankshares's fiscal year end?

According to the most recent income statement we have on file, United Bankshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has United Bankshares' net income changed over the last 9 years?

United Bankshares' net income appears to be on an upward trend, with a most recent value of $373.00 million in 2024, rising from $137.96 million in 2015. The previous period was $366.31 million in 2023. See United Bankshares' forecast for analyst expectations on what’s next for the company.

How has United Bankshares revenue changed over the last 9 years?

Over the last 9 years, United Bankshares' total revenue changed from $457.75 million in 2015 to $1.03 billion in 2024, a change of 126.1%.

How much debt does United Bankshares have?

United Bankshares' total liabilities were at $25.03 billion at the end of 2024, a 0.5% decrease from 2023, and a 130.4% increase since 2015.

How much cash does United Bankshares have?

In the past 9 years, United Bankshares' cash and equivalents has ranged from $136.69 million in 2015 to $297.37 million in 2020, and is currently $240.66 million as of their latest financial filing in 2024.

How has United Bankshares' book value per share changed over the last 9 years?

Over the last 9 years, United Bankshares' book value per share changed from 24.62 in 2015 to 36.93 in 2024, a change of 50.0%.


Related Companies

This page (NASDAQ:UBSI) was last updated on 6/1/2025 by MarketBeat.com Staff
From Our Partners
Trump Just Gave the Green Light to Rewrite Social Security?
In a stunning move, President Trump has authorized an AI-led transformation of federal agencies, including Soc...
Altimetry | Sponsored
The “supermetal” that could power AI
While the headlines focus on AI models and chip speed, Elon Musk is investing in the material side of the stor...
True Market Insiders | Sponsored
The Robotics Revolution has arrived … and one $7 stock could take off as a result.
Robots aren't coming to America in 2025. They are already here. Oxford Economics says, "The Robotics Rev...
Weiss Ratings | Sponsored
Trump’s treachery
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
Crypto Is Pumping Again – Now Comes the Real Opportunity
This same signal has appeared twice before in the past 8 years — both times, it kicked off major moves in cryp...
Crypto Swap Profits | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
Silicon Valley Gold Rush
A new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...
Stansberry Research | Sponsored
Musk’s Project Colossus could mint millionaires
I predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new milliona...
Brownstone Research | Sponsored