# United Bankshares, Inc. (UBSI)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $6.39B  
**Price:** $45.09 (+0.47%)

> United Bankshares, Inc. is a financial holding company that operates as the parent of United Bank, providing comprehensive community banking services across multiple states. It accepts deposits and originates various loans, including personal, credit card, commercial, and construction loans, while offering brokerage services, safe deposit boxes, and related financial products. The company maintains nearly 240 full-service banking offices and 22 loan origination offices in Virginia, West Virginia, Maryland, Pennsylvania, Ohio, North Carolina, South Carolina, Georgia, and Washington, D.C. United Bankshares, Inc. focuses on the community banking segment, emphasizing service to local customers, businesses, and communities in its operational footprint. With dual headquarters in Washington, D.C., and Charleston, West Virginia, it serves as a key regional player in the financial services sector, supporting economic activities through its deposit and lending operations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.69B | — | — | $465M | — |
| 2024 | $1.50B | — | — | $373M | — |
| 2023 | $1.40B | — | — | $366M | — |
| 2022 | $312M | — | — | $380M | — |
| 2021 | $331M | — | — | $368M | — |
| 2020 | $263M | — | — | $289M | — |
| 2019 | $277M | — | — | $260M | — |
| 2018 | $240M | — | — | $256M | — |
| 2017 | $624M | — | — | $151M | — |
| 2016 | $470M | — | — | $147M | — |
| 2015 | $424M | — | — | $138M | — |
| 2014 | $419M | — | — | $130M | — |
| 2013 | $306M | — | — | $86M | — |
| 2012 | $324M | — | — | $83M | — |
| 2011 | $317M | — | — | $76M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $33.66B | $28.16B | $5.50B | — | $532M |
| 2024 | $30.02B | $25.03B | $4.99B | — | $540M |
| 2023 | $29.93B | $25.16B | $4.77B | — | $1.79B |
| 2022 | $29.49B | $24.97B | $4.52B | — | $2.20B |
| 2021 | $29.33B | $24.61B | $4.72B | — | $817M |
| 2020 | $26.18B | $21.89B | $4.30B | — | $864M |
| 2019 | $19.66B | $16.30B | $3.36B | — | $1.84B |
| 2018 | $19.25B | $16.00B | $3.25B | — | $1.50B |
| 2017 | $19.06B | $15.82B | $3.24B | — | $1.36B |
| 2016 | $14.51B | $12.27B | $2.24B | $1.43B | $1.17B |
| 2015 | $12.58B | $10.87B | $1.71B | $857M | $1.02B |
| 2014 | $12.33B | $10.67B | $1.66B | $753M | $1.11B |
| 2013 | $8.74B | $7.69B | $1.04B | $417M | $576M |
| 2012 | $8.42B | $7.43B | $992M | $432M | $285M |
| 2011 | $8.45B | $7.48B | $969M | $636M | $345M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $499M | $18M | $481M |
| 2024 | $445M | $12M | $433M |
| 2023 | $435M | $12M | $424M |
| 2022 | $761M | $17M | $744M |
| 2021 | $610M | $15M | $594M |
| 2020 | $140M | $19M | $121M |
| 2019 | $152M | $11M | $141M |
| 2018 | $294M | $6M | $288M |
| 2017 | $254M | $14M | $240M |
| 2016 | $171M | $7M | $163M |
| 2013 | $142M | $6M | $136M |
| 2012 | $129M | $5M | $124M |
| 2011 | $119M | $8M | $111M |
| 2010 | $101M | $3M | $98M |
| 2009 | $54M | $5M | $49M |

Source: [CompaniesByCap](https://companiesbycap.com/company/UBSI)