UNITED BANKSHARES INC. overview

United Bankshares, Inc. (“United”) (NASDAQ: UBSI ), will be presenting at the Raymond James 46th Annual Institutional Investors Conference on Monday, March 3, 2025, at 10:25 a.m. (Eastern). Speaking on behalf of United will be Rick Adams, Chief Executive Officer, and W. Mark Tatterson, Executive Vice President and Chief Financial Officer. The presentation will include, among other things, a discussion of United’s financial performance and corporate objectives. The presentation, which is...

United Bankshares, Inc. (NASDAQ: UBSI ) today announced that its Board of Directors declared a first quarter 2025 dividend of $0.37 per share for shareholders of record as of March 14, 2025. The dividend payout of approximately $53.0 million on 143.2 million shares is payable April 1, 2025. The year of 2024 represented the 51st consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. With the announced...

United Bankshares, Inc. (NASDAQ: UBSI ) (“United”), today reported earnings for the fourth quarter of 2024 of $94.4 million, or $0.69 per diluted share. Fourth quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.25%, 7.48%, and 12.03%, respectively. Earnings for the year of 2024 were $373.0 million, or $2.75 per diluted share, and returns on average assets, average equity, and average tangible equity...

United Bankshares, Inc. (“United”) (NASDAQ: UBSI ), parent company of United Bank, today announced the completion of its acquisition of Atlanta-based Piedmont Bancorp, Inc. (“Piedmont”), parent company of The Piedmont Bank. “We are thrilled to have Piedmont join the United family,” said Richard M. Adams, Jr., CEO of United Bankshares, Inc. “This transaction allows us to grow our presence in one of the most desirable banking markets in the nation. We look forward to serving the...

United Bankshares, Inc. (“United”) (NASDAQ: UBSI ), the parent company of United Bank, today announced it has received all requisite regulatory approvals for its proposed merger with Piedmont Bancorp, Inc. (“Piedmont”), the parent company of The Piedmont Bank. “We are pleased to have received regulatory approval from the Federal Reserve and state banking authorities for this merger, and we remain excited about expanding our footprint into the greater Atlanta area,” said Richard M....

United Bankshares, Inc. (“United”) (NASDAQ: UBSI ) today announced that its Board of Directors declared a fourth quarter dividend of $0.37 per share for shareholders of record as of December 13, 2024. Dividends per share of $1.48 for the year 2024 represents an increase over the $1.45 per share paid for the year of 2023. The dividend is payable January 2, 2025. The year 2024 marks the 51st consecutive year of dividend increases to United shareholders. United is one of only two major banking...

United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the second quarter of 2023 of $92.5 million, or $0.68 per diluted share, as compared to earnings of $98.3 million, or $0.73 per diluted share, for the first quarter of 2023. Earnings for the second quarter of 2022 were $95.6 million, or $0.71 per diluted share. “UBSI’s performance remained strong in the second quarter,” stated Richard M. Adams, Jr., United’s Chief Executive Officer. “Our profitability,...

United Bankshares, Inc. (“United”) (NASDAQ: UBSI ), a $30 billion regional financial services company held its Annual Meeting of Shareholders on Wednesday, May 10, 2023, at Congressional Country Club in Bethesda, Maryland. During the meeting, United Executive Chairman of the Board Richard M. Adams addressed the shareholders by highlighting several key points from the 2022 Annual Report to Shareholders. “In 2022 we achieved record earnings and increased dividends to our shareholders for the...