United Bankshares operates as the bank holding company for United Bank that provides commercial and retail banking services and products. The Company accepts various accounts and deposits and offers loans of different types. It also 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. In addition, the Company offers automated teller machines, and Internet and telephone banking services. Further, it provides community banking services, such as asset management, real property title insurance, financial planning, and brokerage services.
Type | Public | |
Founded | 1982 | |
HQ | Charleston, WV, US | Map |
Website | ubsi-inc.com | |
Employee Ratings | More |
USD | |
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Revenue (Q2, 2020) | 88.4m |
Net income (Q2, 2020) | 52.7m |
Market capitalization (26-Jan-2021) | 4.4b |
Closing stock price (26-Jan-2021) | 33.5 |
Cash (30-Jun-2020) | 274.3m |
EV | 5.5b |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 62.2m | 345.1m | 66.3m | 67.8m | 466.1m | 73.6m | 519.0m | 763.8m | 128.7m | 150.5m |
Sales and marketing expense | 4.2m | 4.3m | ||||||||
R&D expense | 10.8m | 11.6m | 12.5m | 11.4m | 14.5m | 14.9m | 15.3m | 21.0m | 23.8m | 22.2m |
Operating expense total | 57.5m | 63.2m | 71.7m | 60.8m | 74.5m | 69.7m | 73.7m | 101.6m | 100.4m | 103.5m |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 17.6m | 15.7m | 14.7m | 13.3m | 48.0m | 16.6m | 16.6m | 18.3m | 19.1m | 18.3m | 121.3m | 19.1m | 16.3m | 18.2m | 19.5m | 17.8m | 16.4m | 18.0m | 19.0m | 20.1m | 40.5m | 38.2m | 31.2m | 36.0m | 31.7m | 31.2m | 39.8m | 42.2m | 36.8m | 88.4m |
R&D expense | 2.7m | 2.6m | 2.9m | 2.8m | 3.2m | 2.6m | 3.7m | 2.7m | 2.8m | 2.9m | 3.2m | 3.6m | 3.8m | 3.7m | 3.9m | 3.6m | 3.6m | 3.6m | 3.9m | 4.0m | 5.3m | 5.6m | 5.9m | 5.8m | 6.1m | 5.2m | 5.6m | 5.8m | 5.5m | 15.9m |
Operating expense total | 14.4m | 14.2m | 13.8m | 13.2m | 16.0m | 15.8m | 20.2m | 15.6m | 15.2m | 15.2m | 18.2m | 18.3m | 18.0m | 18.4m | 18.3m | 16.8m | 17.8m | 19.9m | 18.2m | 19.5m | 27.2m | 25.6m | 24.2m | 24.8m | 25.3m | 23.8m | 25.5m | 26.0m | 29.1m | 46.3m |
Interest expense | 22.0m | 20.9m | 14.5m | 13.8m | 12.8m | 12.1m | 11.3m | 9.5m | 9.3m | 9.1m | 9.9m | 10.9m | 10.9m | 9.8m | 9.6m | 10.0m | 10.2m | 10.4m | 12.1m | 13.1m | 18.7m | 21.3m | 23.1m | 28.9m | 36.3m | 44.9m | 48.7m | 48.4m | 39.0m | 28.1m |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 450.3m | 712.6m | 530.8m | 508.1m | 668.5m | 789.8m | 673.2m | 436.3m | 362.6m | 379.0m | 342.0m | 579.4m | 715.4m | 591.3m | 667.5m | 917.1m | 1.0b | 904.8m | 1.1b | 1.1b | 1.7b | 203.1m | 212.7m | 178.1m | 231.0m | 191.8m | 201.8m | 198.2m | 228.0m | 248.2m | 274.3m |
Accounts Receivable | 5.4b | 5.3b | 5.1b | 5.2b | 6.2b | 6.1b | 6.2b | 6.3b | 6.4b | 6.5b | 6.5b | 8.7b | 8.8b | 8.9b | 9.0b | 9.0b | 9.1b | 9.3b | 10.4b | 10.4b | 10.3b | 13.3b | 13.1b | 12.9b | 13.4b | 13.2b | 13.5b | 13.6b | 13.6b | 13.7b | 17.8b |
PP&E | 56.5m | 56.0m | 55.9m | 56.3m | 76.3m | 75.7m | 74.3m | 73.4m | 70.9m | 69.8m | 69.5m | 78.0m | 78.3m | 78.0m | 76.9m | 74.4m | 73.9m | 72.0m | 77.2m | 76.6m | 75.8m | 96.3m | 104.3m | 103.0m | 100.3m | 99.7m | 94.5m | 94.5m | 94.8m | 96.2m | 181.2m |
Goodwill | 311.9m | 311.8m | 311.6m | 311.6m | 373.0m | 371.7m | 371.7m | 375.6m | 375.6m | 375.6m | 375.6m | 709.3m | 710.2m | 712.1m | 710.3m | 710.3m | 710.3m | 710.3m | 866.2m | 867.3m | 863.8m | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.5b | 1.8b |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 71.9m | 75.6m | 82.6m | 85.6m | 129.9m | 138.0m | 147.1m | 150.6m | 256.3m | 260.1m |
Depreciation and Amortization | 6.8m | 7.0m | 7.8m | 11.7m | 1.6m | 746.0k | (8.7m) | (21.6m) | (21.1m) | (20.5m) |
Cash From Operating Activities | 100.8m | 118.6m | 129.4m | 142.2m | 144.8m | 178.3m | 166.7m | 253.9m | 292.5m | 147.7m |
Purchases of PP&E | (3.3m) | (8.0m) | (5.2m) | (6.0m) | (8.9m) | (5.3m) | (7.3m) | (14.4m) | (5.8m) | (11.1m) |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 35.3m | 52.7m | 17.9m | 35.3m | 55.4m | 21.0m | 42.1m | 61.4m | 21.6m | 43.8m | |||||||||||||||||||||
Depreciation and Amortization | 1.5m | 2.2m | 534.0k | 1.0m | |||||||||||||||||||||||||||
Cash From Operating Activities | 63.5m | 70.7m | 36.6m | 55.1m | 78.9m | 32.9m | 61.1m | 89.2m | 44.0m | 72.3m | 106.7m | 35.3m | 57.5m | 99.5m | 53.9m | 72.4m | 127.7m | 57.9m | 74.9m | 123.9m | 65.0m | 35.9m | 125.2m | 158.5m | 98.5m | 218.8m | 93.2m | 31.8m | 91.0m | 21.5m | 72.1m |
Purchases of PP&E | (1.5m) | (2.4m) | (1.8m) | (3.5m) | (5.3m) | (1.1m) | (3.2m) | (4.4m) | (610.0k) | (1.5m) | (3.1m) | (1.7m) | (4.3m) | (6.3m) | (1.5m) | (2.3m) | (3.9m) | (789.0k) | (2.5m) | (4.1m) | (1.7m) | (2.8m) | (11.1m) | (756.0k) | (2.2m) | (4.4m) | (1.8m) | (4.1m) | (6.8m) | (2.0m) | (6.8m) |
USD | Q2, 2010 |
---|---|
Financial Leverage | 9.6 x |
FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Bank Branches | 130 | 129 | 128 | ||||||||
Non-accrual Loans | $75.87 m | $86.84 m | $87.39 m | $91.19 m | $92.90 m | $82.51 m | $77.04 m | $83.53 m | $90.60 m | $90.50 m | |
Non-performing Loans | $108.96 m | $114.35 m | $120.47 m | $125.04 m | $126.71 m | $124.95 m | $113.05 m | $109.74 m | $113.26 m | $121.34 m | $154.21 m |
Total Loans | $9.10 b | $9.04 b | $9.08 b | $9.17 b | $9.38 b | $9.38 b | $10.42 b | $10.44 b | $10.34 b | $10.41 b | $13.39 b |
Company Name | Date | Deal Size |
---|---|---|
Carolina Financial | November 18, 2019 | $1.10 b |
When was United Bankshares founded?
United Bankshares was founded in 1982.
How many employees does United Bankshares have?
United Bankshares has 2,204 employees.
What is United Bankshares revenue?
Latest United Bankshares annual revenue is $150.5 m.
What is United Bankshares revenue per employee?
Latest United Bankshares revenue per employee is $68.3 k.
Who are United Bankshares competitors?
Competitors of United Bankshares include Nomura Securities International, Penns Woods Bancorp and SB Financial Group.
Where is United Bankshares headquarters?
United Bankshares headquarters is located at 500 Virginia St E, Charleston.
Where are United Bankshares offices?
United Bankshares has an office in Charleston.
How many offices does United Bankshares have?
United Bankshares has 1 office.
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