See more : ChemoMetec A/S (CHEMM.CO) Income Statement Analysis – Financial Results
Complete financial analysis of United Bankshares, Inc. (UBSI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of United Bankshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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United Bankshares, Inc. (UBSI)
About United Bankshares, Inc.
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, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including 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. As of December 31, 2021, the company operated 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.02B | 1.03B | 1.01B | 1.04B | 732.14M | 717.36M | 680.64M | 495.36M | 457.75M | 447.69M | 337.67M | 344.00M | 338.57M | 316.11M | 325.66M | 320.10M | 283.17M | 268.63M | 273.45M | 258.67M | 296.67M | 280.40M | 247.31M | 213.87M | 231.40M | 212.10M | 125.50M | 113.40M | 94.30M | 88.50M | 84.20M | 67.10M | 60.60M | 58.10M | 53.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.73M | 1.81M | 1.74M | 1.51M | 1.39M | 1.33M | 1.32M | 6.59M | 5.91M | 26.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.02B | 1.03B | 1.01B | 1.04B | 732.14M | 712.62M | 678.83M | 493.62M | 456.25M | 446.30M | 336.34M | 342.68M | 331.98M | 310.20M | 299.44M | 320.10M | 283.17M | 268.63M | 273.45M | 258.67M | 296.67M | 280.40M | 247.31M | 213.87M | 231.40M | 212.10M | 125.50M | 113.40M | 94.30M | 88.50M | 84.20M | 67.10M | 60.60M | 58.10M | 53.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 99.34% | 99.73% | 99.65% | 99.67% | 99.69% | 99.61% | 99.62% | 98.05% | 98.13% | 91.95% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 309.55M | 300.34M | 373.63M | 369.08M | 240.01M | 235.90M | 229.46M | 146.07M | 138.44M | 133.30M | 108.63M | 111.18M | 90.44M | 98.13M | 78.09M | 89.87M | 64.80M | 62.33M | 59.20M | 56.53M | 93.30M | 80.00M | 61.11M | 53.17M | 60.10M | 69.60M | 27.40M | 28.70M | 22.10M | 22.10M | 22.30M | 18.60M | 17.80M | 17.20M | 16.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 9.33M | 8.16M | 5.78M | 5.61M | 5.08M | 4.64M | 4.52M | 3.41M | 4.11M | 4.76M | 3.78M | 4.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 309.55M | 300.34M | 373.63M | 369.08M | 240.01M | 235.90M | 229.46M | 146.07M | 138.44M | 133.30M | 108.63M | 111.18M | 90.44M | 98.13M | 78.09M | 89.87M | 64.80M | 62.33M | 59.20M | 56.53M | 93.30M | 80.00M | 61.11M | 53.17M | 60.10M | 69.60M | 27.40M | 28.70M | 22.10M | 22.10M | 22.30M | 18.60M | 17.80M | 17.20M | 16.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -746.14M | -919.36M | -1.04B | -643.98M | -492.29M | -578.00M | -384.69M | -354.37M | -344.33M | -273.90M | -279.32M | 20.41M | 9.82M | 15.02M | -108.97M | -4.74M | -19.85M | -61.52M | -94.75M | -338.07M | -324.26M | -14.18M | 18.43M | -12.10M | -64.40M | -6.00M | -21.70M | -18.20M | -28.70M | -30.00M | -18.40M | -7.10M | 1.40M | 3.90M | 10.30M | 7.30M | 1.90M | 4.40M |
| Operating Expenses | 394.06M | -445.80M | -545.73M | -673.12M | -403.97M | -256.39M | -348.54M | -238.62M | -215.92M | -211.03M | -165.27M | -168.14M | 110.85M | 107.94M | 93.11M | -19.11M | 60.05M | 42.48M | -2.33M | -38.22M | -244.77M | -244.26M | 46.93M | 71.60M | 48.00M | 5.20M | 21.40M | 7.00M | 3.90M | -6.60M | -7.70M | 200.00K | 10.70M | 18.60M | 20.50M | 10.30M | 7.30M | 1.90M | 4.40M |
| Cost & Expenses | 394.06M | -445.80M | -545.73M | -673.12M | -403.97M | -256.39M | 1.81M | 1.74M | 1.51M | 1.39M | 1.33M | 1.32M | 117.44M | 113.85M | 119.33M | -19.11M | 60.05M | 42.48M | -2.33M | -38.22M | -244.77M | -244.26M | 46.93M | 71.60M | 48.00M | 5.20M | 21.40M | 7.00M | 3.90M | -6.60M | -7.70M | 200.00K | 10.70M | 18.60M | 20.50M | 10.30M | 7.30M | 1.90M | 4.40M |
| Interest Income | 1.40B | 1.01B | 795.12M | 802.27M | 766.30M | 717.72M | 623.81M | 470.34M | 423.63M | 418.54M | 306.15M | 323.90M | 323.11M | 329.29M | 377.04M | 429.91M | 438.73M | 400.68M | 345.28M | 293.35M | 297.51M | 339.48M | 360.61M | 377.85M | 354.70M | 325.70M | 190.30M | 172.40M | 136.50M | 121.20M | 116.50M | 102.30M | 105.60M | 112.20M | 104.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 481.40M | 105.56M | 52.38M | 108.61M | 184.64M | 129.07M | 74.81M | 45.01M | 39.51M | 42.83M | 36.31M | 46.19M | 55.79M | 85.20M | 120.37M | 177.12M | 213.31M | 181.09M | 124.45M | 88.91M | 104.15M | 132.56M | 175.51M | 197.77M | 174.40M | 155.40M | 84.50M | 73.20M | 54.80M | 43.90M | 45.00M | 44.60M | 52.90M | 61.80M | 58.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 23.75M | 22.49M | 20.32M | 16.49M | 18.40M | 16.81M | 11.97M | 3.42M | 4.02M | 1.97M | 2.85M | 2.43M | 1.88M | 2.56M | 6.66M | 6.59M | 10.26M | 13.19M | 13.56M | 19.12M | 6.10M | 8.73M | 9.52M | 11.40M | 13.70M | 5.60M | 4.20M | 2.90M | 5.60M | 4.70M | 2.50M | 1.80M | 1.90M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 448.49M | 259.83M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 201.73M | 196.46M | 136.72M | -17.92M | 117.72M | 111.19M | 121.34M | 168.78M | 173.31M | 167.01M | 185.10M | 155.88M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.30M | 7.30M | 1.90M | 4.40M |
| EBITDA Ratio | 0.00% | 57.32% | 46.48% | 35.71% | 45.78% | 60.66% | 49.67% | 52.27% | 53.25% | 53.45% | 51.24% | 51.57% | 51.25% | 62.13% | 63.09% | 96.11% | 123.53% | 119.63% | 103.97% | 90.46% | 79.48% | 95.22% | 122.51% | 137.93% | 125.67% | 108.91% | 121.51% | 109.88% | 107.21% | 98.87% | 96.44% | 104.02% | 120.63% | 135.28% | 142.21% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 436.23M | 585.81M | 462.85M | 363.63M | 328.17M | 456.24M | 330.30M | 255.00M | 240.32M | 235.27M | 171.07M | 174.54M | 171.08M | 194.50M | 202.89M | 300.99M | 343.22M | 311.11M | 271.13M | 220.45M | 51.91M | 36.14M | 294.24M | 285.47M | 279.40M | 217.30M | 146.90M | 120.40M | 98.20M | 81.90M | 76.50M | 67.30M | 71.30M | 76.70M | 73.80M | 10.30M | 7.30M | 1.90M | 4.40M |
| Operating Income Ratio | 42.60% | 56.79% | 45.89% | 35.07% | 44.82% | 63.60% | 48.53% | 51.48% | 52.50% | 52.55% | 50.66% | 50.74% | 50.53% | 61.53% | 62.30% | 94.03% | 121.21% | 115.81% | 99.15% | 85.22% | 17.50% | 12.89% | 118.98% | 133.48% | 120.74% | 102.45% | 117.05% | 106.17% | 104.14% | 92.54% | 90.86% | 100.30% | 117.66% | 132.01% | 138.46% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 27.57M | -154.13M | -142.90M | -151.52M | -96.57M | -88.79M | -90.89M | -73.36M | -64.17M | -77.63M | -58.26M | -9.72M | -20.41M | -9.82M | -34.21M | -8.97M | -13.23M | -12.86M | -406.00K | -18.98M | 60.61M | 92.19M | -175.51M | -197.77M | -174.40M | -155.40M | -84.50M | -73.20M | -54.80M | -43.90M | -46.30M | -44.60M | -52.90M | -61.80M | -58.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 463.81M | 480.25M | 462.85M | 363.63M | 328.17M | 327.17M | 284.83M | 222.66M | 203.49M | 194.89M | 125.04M | 121.48M | 110.38M | 104.40M | 78.25M | 123.87M | 129.91M | 130.02M | 146.67M | 117.09M | 112.52M | 128.33M | 118.73M | 87.70M | 105.00M | 61.90M | 62.40M | 47.20M | 43.40M | 38.00M | 30.20M | 22.70M | 18.40M | 14.90M | 15.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 45.29% | 46.55% | 45.89% | 35.07% | 44.82% | 45.61% | 41.85% | 44.95% | 44.45% | 43.53% | 37.03% | 35.31% | 32.60% | 33.03% | 24.03% | 38.70% | 45.88% | 48.40% | 53.64% | 45.27% | 37.93% | 45.77% | 48.01% | 41.01% | 45.38% | 29.18% | 49.72% | 41.62% | 46.02% | 42.94% | 35.87% | 33.83% | 30.36% | 25.65% | 29.64% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 97.49M | 100.62M | 95.12M | 74.61M | 68.08M | 70.82M | 134.25M | 75.58M | 65.53M | 65.00M | 39.42M | 38.87M | 34.77M | 32.46M | 10.95M | 36.91M | 39.24M | 40.77M | 46.27M | 33.77M | 33.76M | 39.40M | 38.74M | 28.72M | 34.80M | 17.50M | 21.50M | 16.70M | 15.30M | 13.10M | 9.80M | 6.90M | 5.30M | 4.20M | 4.30M | -10.30M | -7.30M | -1.90M | -4.40M |
| Net Income | 366.31M | 379.63M | 367.74M | 289.02M | 260.10M | 256.34M | 150.58M | 147.08M | 137.96M | 129.89M | 85.63M | 82.61M | 75.61M | 71.95M | 67.30M | 86.95M | 90.67M | 89.25M | 100.41M | 97.76M | 78.77M | 88.93M | 79.99M | 58.98M | 70.20M | 44.40M | 40.90M | 30.50M | 28.10M | 24.90M | 21.70M | 15.80M | 13.10M | 10.70M | 11.50M | 10.30M | 7.30M | 1.90M | 4.40M |
| Net Income Ratio | 35.77% | 36.80% | 36.46% | 27.88% | 35.53% | 35.73% | 22.12% | 29.69% | 30.14% | 29.01% | 25.36% | 24.01% | 22.33% | 22.76% | 20.67% | 27.17% | 32.02% | 33.22% | 36.72% | 37.79% | 26.55% | 31.72% | 32.34% | 27.58% | 30.34% | 20.93% | 32.59% | 26.90% | 29.80% | 28.14% | 25.77% | 23.55% | 21.62% | 18.42% | 21.58% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 2.72 | 2.81 | 2.84 | 2.40 | 2.56 | 2.46 | 1.54 | 2.00 | 1.99 | 1.93 | 1.70 | 1.64 | 1.62 | 1.65 | 1.55 | 2.01 | 2.16 | 2.15 | 2.36 | 2.25 | 1.87 | 2.09 | 1.93 | 1.41 | 1.63 | 1.04 | 1.24 | 0.94 | 1.18 | 1.04 | 0.92 | 0.80 | 0.75 | 0.62 | 0.74 | 0.67 | 0.68 | 0.19 | 0.44 |
| EPS Diluted | 2.72 | 2.80 | 2.83 | 2.40 | 2.55 | 2.46 | 1.54 | 1.99 | 1.98 | 1.92 | 1.70 | 1.64 | 1.61 | 1.65 | 1.55 | 2.00 | 2.15 | 2.13 | 2.33 | 2.22 | 1.85 | 2.06 | 1.90 | 1.40 | 1.61 | 1.02 | 1.22 | 0.93 | 1.18 | 1.04 | 0.92 | 0.80 | 0.75 | 0.62 | 0.74 | 0.67 | 0.68 | 0.19 | 0.44 |
| Weighted Avg Shares Out | 134.51M | 134.78M | 129.28M | 120.02M | 101.59M | 104.02M | 97.50M | 73.53M | 69.33M | 67.40M | 50.35M | 50.27M | 46.80M | 43.55M | 43.40M | 43.29M | 41.90M | 41.53M | 42.51M | 43.40M | 42.08M | 42.55M | 41.50M | 41.96M | 43.10M | 42.76M | 29.90M | 30.29M | 23.86M | 23.99M | 23.59M | 19.75M | 17.47M | 17.26M | 15.54M | 15.37M | 10.74M | 10.00M | 10.00M |
| Weighted Avg Shares Out (Dil) | 134.75M | 135.12M | 129.51M | 120.09M | 101.85M | 104.30M | 97.89M | 73.89M | 69.63M | 67.65M | 50.43M | 50.30M | 46.84M | 43.63M | 43.46M | 43.43M | 42.22M | 41.94M | 43.02M | 43.98M | 42.62M | 43.17M | 42.06M | 42.26M | 43.72M | 43.46M | 30.20M | 30.29M | 23.86M | 23.99M | 23.59M | 19.75M | 17.47M | 17.26M | 15.54M | 15.37M | 10.74M | 10.00M | 10.00M |
February's 55 Dividend Kings: Buy 9, Watch 3
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 55 Dividend Kings screened as of February 12 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 14.3%-28.7% topped-by Northwest Natural, and...
United Bankshares (UBSI) Misses Q4 Earnings Estimates
United Bankshares (UBSI) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago.
United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023
WASHINGTON & CHARLESTON, W.Va--(BUSINESS WIRE)--United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023.
January's 54 Dividend Kings: Buy 8, Watch 5
"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the Dow. The 54 Dividend Kings screened as of December 29 represented 9...
5 Top-Ranked Banks That Outperformed S&P 500 in November
Bank stocks are on a roll in November on investor optimism about no further rate hikes, with United Bankshares (UBSI), Wintrust Financial (WTFC), First BanCorp. (FBP), TowneBank (TOWN) and WSFS Financial (WSFS) outperforming the S&P 500 index.
9 Upcoming Dividend Increases, Including A King
Dividend growing companies perform better than those that don't increase their payouts consistently. Becton, Dickinson and Company is a dividend king, while UBSI and ADP are approaching king status. December is the last opportunity for companies to announce their yearly...
United Bankshares (UBSI) Rewards Investors, Hikes Dividend
United Bankshares (UBSI) announces a hike of 2.8% in its quarterly cash dividend. This, along with share repurchases, will continue to enhance shareholders' value.
50th Consecutive Year of Dividend Increases for United Bankshares, Inc.
WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--50th Consecutive Year of Dividend Increases for United Bankshares, Inc.
United Bankshares (UBSI) Beats Q3 Earnings and Revenue Estimates
United Bankshares (UBSI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.76 per share a year ago.
Here's What Key Metrics Tell Us About United Bankshares (UBSI) Q3 Earnings
The headline numbers for United Bankshares (UBSI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Source: https://incomestatements.info
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