Dr. Sara DuMond
appointed Dr. Sara DuMond to serve on the Board as an “independent” director to fill the vacancy created by that action. The appointment is effective October 21, 2024.
Highest-materiality recent filing
United Bankshares declares $0.38 dividend, launches 6.8M-share buyback plan
Q3 dividend $0.38/share; record date Sept 11, 2026; payable Oct 1, 2026; payout ~$51.8M on 136.2M shares.
United Bankshares reports record Q2 2026 earnings of $0.95 EPS, net income $131.4M
Record Q2 2026 EPS of $0.95, up from $0.89 in Q1 2026 and $0.85 in Q2 2025; net income $131.4M.
United Bankshares shareholders elect directors, ratify auditor, approve say-on-pay
All 14 director nominees elected; votes in favor ranged from ~98.7M to ~104.7M.
UBSI Q1 net income $124.2M ($0.89), up 47% YoY; repurchased 1.7M shares at $39.92
Q1 2026 diluted EPS $0.89 vs $0.59 YoY and $0.91 in Q4 2025; net income $124.2M.
United Bankshares posts record FY2025 earnings of $464.6M ($3.27 EPS); Q4 EPS $0.91
Record annual net income $464.6M ($3.27 EPS) in FY2025, up 24.5% from FY2024's $373.0M ($2.75 EPS).
United Bankshares approves new buyback plan for up to 5M shares (~3.6% of outstanding)
Board approved 2025 Plan to repurchase up to 5M shares of common stock, replacing the 2022 Plan terminated Nov 20, 2025.
UBSI reports record Q3 EPS of $0.92; NPLs surge to $117M on two large CRE loans
Q3 net income $130.7M ($0.92 diluted), up from Q2 $120.7M ($0.85) and Q3 2024 $95.3M ($0.70).
United Bankshares enters Change in Control Agreements with four top executives
CEO Adams and President Consagra get 3x base salary plus target bonus on qualifying termination after change in control.
United Bankshares posts record Q2 net income of $120.7M, diluted EPS $0.85
Net income of $120.7M ($0.85 EPS) vs $96.5M ($0.71) in Q2 2024, up 25% YoY.
United Bankshares shareholders approve 2025 Equity Incentive Plan, elect directors at annual meeting
2025 Equity Incentive Plan approved with 102.7M for vs 3.7M against; effective immediately.
United Bankshares Q1 EPS $0.59; record NII $260.1M, Piedmont deal closed
Net income $84.3M ($0.59 diluted EPS) vs. $86.8M ($0.64) Q1 2024; revenue up on Piedmont acquisition.
United Bankshares Q4 EPS $0.69, full-year $2.75; closes $2.4B asset acquisition of Piedmont
Q4 2024 net income $94.4M ($0.69 diluted EPS) vs $0.59 in Q4 2023; full-year $373.0M ($2.75) vs $366.3M ($2.71).
United Bankshares completes acquisition of Piedmont Bancorp; combined assets >$32B
Each Piedmont share converted into 0.300 share of UBSI common stock plus cash for fractional shares.
UBSI receives all regulatory approvals for Piedmont Bancorp merger; closing expected early 2025
Federal Reserve Board approval received Nov 29, 2024; state banking approvals already in hand.
United Bankshares Q3 EPS $0.70; net income $95.3M, down slightly YoY; Piedmont merger on track
Diluted EPS $0.70 vs $0.71 YoY and QoQ; net income $95.3M, down from $96.2M in Q3 2023.
United Bankshares appoints Dr. Sara DuMond, pediatrician and CEO, to board effective Oct 21, 2024
Dr. Sara DuMond appointed as independent director effective Oct 21, 2024; board size increased to 15.
United Bankshares Q2 EPS $0.71 beats Q1 and YoY; NIM expands; Piedmont merger on track
Q2 net income $96.5M ($0.71 diluted EPS) vs $86.8M ($0.64) in Q1 and $92.5M ($0.68) in Q2 2023.
United Bankshares 8-K provides no clear material update; text unparseable.
Filing indicates Items 8.01 (Other Events) and 9.01 (Financials) but no press release content found.
United Bankshares shareholders elect 14 directors, ratify auditor, approve executive compensation
All 14 director nominees received majority votes; terms expire at 2025 Annual Meeting.
United Bankshares to acquire Piedmont Bancorp for ~$267M in stock
United will acquire all Piedmont shares at 0.300x UBSI shares; total consideration ~$267M.
United Bankshares Q1 2024 net income $86.8M ($0.64 EPS), down from $0.73 YoY
Net income $86.8M vs $98.3M in Q1 2023 and $79.4M in Q4 2023; diluted EPS $0.64.
United Bankshares Q4 2023 EPS $0.59 vs $0.74 YoY; net income $79.4M
Net interest income decreased 8% YoY; net interest margin 3.55% vs 3.87%.
UBSI Q3 2023 EPS $0.71, up from $0.68 QoQ but down from $0.76 YoY
Net income of $96.2M ($0.71 diluted EPS) vs $92.5M ($0.68) in Q2 2023 and $102.6M ($0.76) in Q3 2022.
United Bankshares Q2 EPS $0.68, down from $0.73 Q1 and $0.71 YoY
Net income $92.5M; diluted EPS $0.68 vs $0.73 in Q1 2023 and $0.71 in Q2 2022.
United Bankshares shareholders elect 14 directors, ratify EY, approve say-on-pay
All 14 director nominees elected; Jerold L. Rexroad resigned prior to meeting, board reduced to 14.
United Bankshares Q1 2023 EPS $0.73, net income $98.3M, NIM 3.63%
Q1 2023 net income $98.3M ($0.73 diluted EPS) vs $99.8M ($0.74) Q4 2022 and $81.7M ($0.60) Q1 2022.
United Bankshares EVP Jerold Rexroad retires, resigns from board effective April 14
Jerold L. Rexroad notified retirement as EVP and Chairman of the Carolinas; also resigned from Board effective April 14, 2023.
United Bankshares reports record 2022 net income of $379.6M; EPS $2.80
Q4 2022 net income $99.8M ($0.74 EPS), down from Q3 2022's $102.6M ($0.76 EPS).
United Bankshares Q3 EPS $0.76 beats Q2 $0.71; NIM 3.78%, loan growth 16% annualized
Net income $102.6M, diluted EPS $0.76; up from $95.6M ($0.71) in Q2 2022 and $92.2M ($0.71) in Q3 2021.
United Bankshares Q2 net income $95.6M ($0.71 EPS), NIM expands 39 bps, loan growth 15%
Q2 2022 net income $95.6M ($0.71 diluted EPS), up from $81.7M ($0.60) in Q1 2022.
United Bankshares approves up to 4.75M share buyback; shareholders re-elect all 15 directors
Board approved new plan to repurchase up to 4.75M shares, replacing the 2019 plan.
United Bankshares Q1 2022 EPS $0.60, up 7% from Q4; loan growth 11% annualized
Net income $81.7M ($0.60 diluted EPS) vs $73.9M ($0.56) in Q4 2021.
Richard M. Adams becomes Executive Chairman effective April 1, 2022; base salary $1,297,920; reduced incentive targets.
United Bankshares posts record 2021 net income of $367.7M ($2.83/sh); Q4 earnings decline 20%
Record annual net income of $367.7M ($2.83 diluted EPS) vs $289.0M ($2.40) in 2020, up 27%.
United Bankshares completes acquisition of Community Bankers Trust; adds $1.7B assets
Deal closed Dec 3, 2021; ESXB shareholders received 0.3173 UBSI shares per share.
United Bankshares Q3 2021 EPS $0.71; announces agreement to acquire Community Bankers Trust
Q3 2021 net income $92.2M ($0.71 diluted EPS) vs $103.8M ($0.80) in Q3 2020; 9M EPS $2.27 vs $1.68.
United Bankshares Q2 2021 EPS $0.73 vs $0.44 YoY; announces Community Bankers Trust acquisition
Q2 2021 net income $94.8M, diluted EPS $0.73 vs $52.7M, $0.44 in Q2 2020; H1 net income $201.7M, $1.56 vs $92.9M, $0.84.
appointed Dr. Sara DuMond to serve on the Board as an “independent” director to fill the vacancy created by that action. The appointment is effective October 21, 2024.
Additionally, on April 4, 2023, Mr. Rexroad offered his resignation from the Board of Directors of the Company
On April 3, 2023, Jerold L. Rexroad provided notice of his retirement as Executive Vice President of United Bankshares, Inc. (the “Company”) and Chairman of the Carolinas for United Bank.
On February 28, 2022, the Board of Directors of the Company appointed Richard M. Adams, Jr. as Chief Executive Officer of the Company effective April 1, 2022.
Richard M. Adams, the Chairman of the Board of Directors and Chief Executive Officer of the Company will become the Executive Chairman of the Board of Directors of the Company at the beginning of the second quarter, April 1, 2022.
On February 28, 2022, the Board of Directors of the Company appointed James J. Consagra, Jr. as the President of the Company effective April 1, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings