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 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).
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 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 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 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 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.
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 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 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 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