See more : SAMT Co., Ltd. (031330.KQ) 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.
You may be interested
- Wuling Motors Holdings Limited (0305.HK) Income Statement Analysis – Financial Results
- Taiwan Line Tek Electronic Co., Ltd. (2462.TW) Income Statement Analysis – Financial Results
- Henan Kedi Dairy Co.,Ltd. (002770.SZ) Income Statement Analysis – Financial Results
- Silex Systems Limited (SILXY) Income Statement Analysis – Financial Results
- Ambrian Plc (AMNZF) Income Statement Analysis – Financial Results
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 |
United Bankshares: Asymmetric Risk-Reward With Increased Dividends
United Bankshares has a history of stellar performance through both ups and downs in the financial markets.
4 High-Yield Stocks That Can Help You Crush Inflation
Dividend stocks account for a higher percentage of the market's returns during inflationary environments.
Here's Why United Bankshares (UBSI) Is a Great 'Buy the Bottom' Stock Now
After losing some value lately, a hammer chart pattern has been formed for United Bankshares (UBSI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for...
United Bankshares (UBSI) Misses Q4 Earnings and Revenue Estimates
United Bankshares (UBSI) delivered earnings and revenue surprises of -8.20% and 3.61%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Why United Bankshares (UBSI) is Poised to Beat Earnings Estimates Again
United Bankshares (UBSI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
5 Cheap Dividend Stocks to Buy and Hold This Year
Dividend stocks typically do well for the long term but you must keep these criteria in mind when choosing them.
Buy This Dividend Stock Today and Relax
This stock flies under the radar despite raising its dividend payout for nearly 50 years straight.
My Top Bank Stock Picks For 2022
The earnings of most banks will benefit from a rising interest rate environment. The absence of PPP fees and normalization of mortgage refinance activity will likely reduce the revenues on a year-over-year basis for many banks
United Bankshares (UBSI) Completes Community Bankers' Buyout
United Bankshares (UBSI) closes the previously announced acquisition of Community Bankers, the parent of Essex Bank.
United Bankshares (USBI) Stock Up on 2.9% Dividend Hike
United Bankshares (USBI) announces a 2.9% dividend hike. This, along with buybacks and strategic acquisitions, will continue to enhance shareholder value going forward.
Source: https://incomestatements.info
Category: Stock Reports