at united, we are committed to providing each customer with an unmatched level of service. while we offer competitive products, services, rates, and technology, the level of service we provide and our commitment to building relationships is what sets us apart from our competitors. united isn’t just growing to get bigger. we are growing to satisfy the continued demand for a bank that focuses on service. with 130 branches across maryland, ohio, pennsylvania, virginia and west virginia and over 1600 employees, our mix of competitive products, combined with a high level of service and a focus on relationships is an overwhelming value proposition for our customers.
Company profile
Ticker
UBSI
Exchange
Website
CEO
Richard Adams
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
United Brokerage Services, Inc. • United Real Estate Property Services, Inc. • United Venture Fund, Inc. • United Title Company • NVA Properties, LLC • NVA Residential, LLC • NVA Commercial, LLC • George Mason Mortgage, LLC • Crescent Mortgage Company • GMBS Capital Management Co. ...
IRS number
550641179
UBSI stock data
Latest filings (excl ownership)
8-K
United Bankshares, Inc. Announces Earnings
25 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
United Bankshares, Inc. Announces Earnings
26 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
United Bankshares, Inc. Announces Earnings
25 Oct 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
United Bankshares, Inc. Announces Earnings
27 Jul 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn |
Cash burn (monthly) | 169.43 mm | 14.36 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.17 bn | 98.97 mm | n/a | n/a | n/a | n/a |
Cash remaining | 16.13 mm | 1.09 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.1 | 75.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
67.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 304 |
Opened positions | 38 |
Closed positions | 28 |
Increased positions | 108 |
Reduced positions | 105 |
13F shares | Current |
---|---|
Total value | 2.51 tn |
Total shares | 91.32 mm |
Total puts | 40.50 k |
Total calls | 33.40 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 19.50 mm | $538.08 bn |
Vanguard | 14.13 mm | $389.89 bn |
STT State Street | 8.70 mm | $242.99 bn |
Dimensional Fund Advisors | 7.12 mm | $196.38 bn |
SAMG Silvercrest Asset Management | 3.40 mm | $93.88 bn |
Earnest Partners | 3.38 mm | $93.14 bn |
Geode Capital Management | 2.89 mm | $79.86 bn |
Fuller & Thaler Asset Management | 1.95 mm | $53.72 bn |
NTRS Northern Trust | 1.64 mm | $45.21 bn |
BK Bank Of New York Mellon | 1.63 mm | $45.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | P Clinton Winter | Phantom Stock Common Stock | Buy | Acquire P | No | No | 34.21 | 493 | 16.87 k | 46,216 |
27 Feb 24 | P Clinton Winter | Phantom Stock Common Stock | Buy | Acquire P | No | No | 34.1498 | 736 | 25.13 k | 45,723 |
24 Feb 24 | Darren K Williams | Common Stock | Payment of exercise | Dispose F | No | No | 34.42 | 1,093 | 37.62 k | 33,790 |
24 Feb 24 | William Mark Tatterson | Common Stock | Payment of exercise | Dispose F | No | No | 34.42 | 1,781 | 61.30 k | 74,558.752 |
24 Feb 24 | Anna J Schultheis | Common Stock | Payment of exercise | Dispose F | No | No | 34.42 | 86 | 2.96 k | 8,591.904 |
23 Feb 24 | Darren K Williams | Common Stock | Payment of exercise | Dispose F | No | No | 34.36 | 610 | 20.96 k | 34,883 |
23 Feb 24 | William Mark Tatterson | Common Stock | Payment of exercise | Dispose F | No | No | 34.36 | 1,328 | 45.63 k | 76,339.752 |
23 Feb 24 | Anna J Schultheis | Common Stock | Payment of exercise | Dispose F | No | No | 34.36 | 218 | 7.49 k | 8,677.904 |
News
Stephens & Co. Maintains Equal-Weight on United Bankshares, Lowers Price Target to $34
26 Apr 24
United Bankshares Sees FY24 Outlook; Sees Net Interest Income To Be In The Range Of $900M-$915M For 2024. Expect The Net Interest To Remain Stable In 2024 Compared To Q1
25 Apr 24
United Bankshares Q1 EPS $0.64 Misses $0.65 Estimate
25 Apr 24
United Bankshares's Ex-Dividend Date Is Thursday, Here's What You Need To Know
4 Mar 24
Turmoil At New York Community Bancorp: Shares Tumble Over 20%, Regional Bank Investors Pull Back
1 Mar 24