UBSI - Dividend announcements

United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today reported earnings for the first quarter of 2026 of $124.2 million, or $0.89 per diluted share. First quarter of 2026 results produced annualized returns on average assets, average shareholders' equity, and average tangible common equity, a non-GAAP measure, of 1.49%, 9.08%, and 14.40%, respectively. "Against the backdrop of geopolitical and macroeconomic uncertainties, UBSI continues to deliver resilient results," stated Richard M. Adams, Jr., United's Chief Executive Officer. "Strong earnings, sound asset quality, and efficient capital allocation highlight the first quarter, and we are well-positioned for success going forward."

United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a first quarter 2026 dividend of $0.38 per share for shareholders of record as of March 13, 2026. The dividend payout of approximately $53.0 million on 139.4 million shares is payable April 1, 2026. The year 2025 marked the 52nd consecutive year of dividend increases to United shareholders. United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 52 consecutive years. United Bankshares, Inc. is a financial services company with consolidated assets of approximately $34 billion as of December 31, 2025. It is the parent company of Unite

United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today reported record earnings for the year of 2025 of $464.6 million, or $3.27 per diluted share. Year of 2025 results produced returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.41%, 8.63%, and 13.95%, respectively. "Our financial performance in 2025 was among the very best in our Company's long history," stated Richard M. Adams, Jr., United's Chief Executive Officer. "We delivered record earnings, strong profitability, resilient credit, and robust capital and liquidity. Underpinning these results was our continued success driving high quality organic growth. As we look to the new year, we r

United Bankshares, Inc. ("United") (NASDAQ: UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.38 per share for shareholders of record as of December 12, 2025. Dividends per share of $1.49 for the year 2025 represents an increase over the $1.48 per share paid for the year of 2024. The dividend payout of approximately $53.4 million on 140.4 million shares is payable January 2, 2026. The year 2025 marks the 52nd consecutive year of dividend increases to United shareholders. United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 52 consecutive years. United Bankshares, Inc. is a financ

United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today reported record earnings for the third quarter of 2025 of $130.7 million, or $0.92 per diluted share. Third quarter of 2025 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.57%, 9.58%, and 15.45%, respectively. "UBSI's earnings momentum from the first half of the year carried through into the third quarter of 2025," stated Richard M. Adams, Jr., United's Chief Executive Officer. "It was another quarter of record earnings, marked by continued organic growth, tightly managed expenses, and strong profitability metrics." Earnings for the second quarter of 2025

United Bankshares, Inc. ("United") (NASDAQ: UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.37 per share for shareholders of record as of September 12, 2025. The dividend payout of approximately $52.4 million on 141.6 million shares is payable October 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. United Bankshares, Inc. is a financial services company with consolidated assets of approximately $33 billion as of June 30, 2025. It is the parent company of United Bank, which comprises over 240 offices

United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today reported record earnings for the second quarter of 2025 of $120.7 million, or $0.85 per diluted share. Second quarter of 2025 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.49%, 9.05%, and 14.67%, respectively. "I'm excited to announce that the second quarter of 2025 was the strongest earnings quarter in our Company's long history," stated Richard M. Adams, Jr., United's Chief Executive Officer. "Our entry into the Atlanta market, along with excellent asset quality and strong expense control, drove our results in the quarter. I anticipate continued success

United Bankshares, Inc. ("United") (NASDAQ: UBSI), an approximately $33 billion regional financial services company, held its Annual Meeting of Shareholders on Wednesday, May 14, 2025, at Congressional Country Club in Bethesda, Md. During the meeting, United Executive Chairman of the Board Richard M. Adams addressed shareholders by highlighting several key points from the 2024 Annual Report to Shareholders. "2024 was a great year for our Company," Adams began. "We continued our record of strong earnings performance – increasing earnings per share from $2.71 to $2.75, outperforming our peers with a Return on Assets of 1.26% compared to the peer median of 0.94%." This outperformance equated

United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a second quarter 2025 dividend of $0.37 per share for shareholders of record as of June 13, 2025. The dividend payout of approximately $52.6 million on 142.1 million shares is payable July 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. As of March 31, 2025, United had consolidated assets of approximately $33 billion. United is the parent company of United Bank, which comprises more than 240 offices located throughout Washington, D.C., Virginia, West Vi

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the first quarter of 2025 of $84.3 million, or $0.59 per diluted share. The first quarter of 2025 was highlighted by record net interest income, net interest margin expansion, resumption of share repurchases, and the consummation of the previously announced acquisition of Atlanta-based Piedmont Bancorp, Inc. ("Piedmont") including completion of the systems conversion. As a result of the acquisition, the first quarter of 2025 was impacted by increased levels of average balances, income, and expense, including $30.0 million, or approximately $0.17 per diluted share, in merger-related noninterest expenses and merger-

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 completion of its acquisition of Piedmont Bancorp, Inc. on January 10, 2025, United has more than $32 billion in assets and a network of over 240 locations across Georgia, South Carolina, North Caro

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 were 1.26%, 7.61%, and 12.43%, respectively. "UBSI capped off a successful 2024 with another high quality quarter," stated Richard M. Adams, Jr., United's Chief Executive Officer. "Strong earnings, credit,

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 companies in the USA to have increased its dividend to shareholders for at least 51 consecutive years. As of September 30, 2024, United had consolidated assets of approximately $30 billion and is the 41

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the third quarter of 2024 of $95.3 million, or $0.70 per diluted share. Third quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.28%, 7.72%, and 12.59%, respectively. "We are excited to announce this quarter's earnings," stated Richard M. Adams, Jr., United's Chief Executive Officer. "It was another successful quarter for UBSI, and we continue to perform at a high level. Profitability metrics stayed strong, growth trends continued upward, and expenses were well-controlled. In addition, asset quality, liquidity, and capital l

United Bankshares, Inc. ("United") (NASDAQ:UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.37 per share for shareholders of record as of September 13, 2024. The dividend payout of approximately $50.0 million on 135.2 million shares is payable October 1, 2024. The year of 2023 represented the 50th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of June 30, 2024, United had consolidated assets of approximately $30 billion and is the 38th largest banking company in the U.S. based on market capitalization. United is the parent company of United B

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the second quarter of 2024 of $96.5 million, or $0.71 per diluted share. Second quarter of 2024 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.32%, 7.99% and 13.12%, respectively. "UBSI continues to consistently deliver exceptional results," stated Richard M. Adams, Jr., United's Chief Executive Officer. "In the second quarter we saw increases in profitability, capital, loans, and deposits, as well as decreases in expenses and non-performing assets. We anticipate continued success in the second half of the year, and are excited about ou

United Bankshares, Inc. ("United") (NASDAQ:UBSI), a $30 billion regional financial services company, held its Annual Meeting of Shareholders on Wednesday, May 15, 2024, at Congressional Country Club in Bethesda, Md. During the meeting, United Executive Chairman of the Board Richard M. Adams addressed shareholders by highlighting several key points from the 2023 Annual Report to Shareholders. 2023 was a year of growth, profitability, and soundness for United. The Company grew loans, grew deposits, and increased its net interest margin versus the prior year. In addition, United delivered above-peer results with its return on average assets and efficiency ratio, and reduced its non-perform

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.37 per share for shareholders of record as of June 14, 2024. The dividend payout of approximately $52.7 million on 135.2 million shares is payable July 1, 2024. The year of 2023 represented the 50th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of March 31, 2024, United had consolidated assets of approximately $30 billion. United is the parent company of United Bank, which comprises more than 225 offices located throughout Washington, D.C., Virginia,

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the first quarter of 2024 of $86.8 million, or $0.64 per diluted share. First quarter of 2024 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.19%, 7.25% and 11.98%, respectively. The first quarter of 2024 included $1.8 million of noninterest expense for the Federal Deposit Insurance Corporation's ("FDIC") special assessment levied on banking organizations stemming from the FDIC's revised loss estimates to the Deposit Insurance Fund. "UBSI delivered solid performance in the first quarter of 2024," stated Richard M. Adams, Jr., United's Ch

United Bankshares, Inc. (NASDAQ:UBSI) today announced that its Board of Directors declared a first quarter 2024 dividend of $0.37 per share for shareholders of record as of March 8, 2024. The dividend payout of approximately $49.9 million on 135.0 million shares is payable April 1, 2024. The year of 2023 represented the 50th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of December 31, 2023, United had consolidated assets of approximately $29.9 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North Carol

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the fourth quarter of 2023 of $79.4 million, or $0.59 per diluted share. Fourth quarter of 2023 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.08%, 6.70% and 11.27%, respectively. Earnings for the year of 2023 were $366.3 million, or $2.71 per diluted share, and returns on average assets, average equity and average tangible equity were 1.25%, 7.87% and 13.33%, respectively, for the year of 2023. The fourth quarter of 2023 included approximately $12.0 million of noninterest expense for the Federal Deposit Insurance Corporation's ("FDIC")

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 8, 2023. Dividends per share of $1.45 for the year 2023 represents an increase over the $1.44 per share paid for the year of 2022. The dividend payout of approximately $49.9 million on 134.9 million shares is payable January 2, 2024. The year 2023 marks the 50th consecutive year of dividend increases to United shareholders. "Fifty years of dividend growth is a testament to our proven track record as a high performing company with a low risk profile," said Richard M. Adams, Jr., United's Chief Executive

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the third quarter of 2023 of $96.2 million, or $0.71 per diluted share, as compared to earnings of $92.5 million, or $0.68 per diluted share, for the second quarter of 2023. Earnings for the third quarter of 2022 were $102.6 million, or $0.76 per diluted share. "Third quarter results saw accelerated growth and profitability, while maintaining our strong capital, liquidity, and asset quality positions," stated Richard M. Adams, Jr., United's Chief Executive Officer. "I'm pleased with the resilient performance we continue to deliver in this environment." Third quarter of 2023 results produced annualized returns

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.36 per share for shareholders of record as of September 8, 2023. The dividend payout of approximately $48.6 million on 134.9 million shares is payable October 2, 2023. The year of 2022 represented the 49th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of June 30, 2023, United had consolidated assets of approximately $29.7 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., Nor

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, asset quality, and balance sheet strength continue to allow us to take care of our customers, invest in our communities, and build new relationships across our footprint." Second quarter of 2023 results produced

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 49th consecutive year. This is a record only one other major banking company in the nation has been able to achieve," stated Adams. He commented that, "Our consistency in increasing dividends to shareho

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.36 per share for shareholders of record as of June 9, 2023. The dividend payout of approximately $48.6 million on 134.9 million shares is payable July 3, 2023. The year of 2022 represented the 49th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of March 31, 2023, United had consolidated assets of approximately $30.2 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North Car

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the first quarter of 2023 of $98.3 million, or $0.73 per diluted share, as compared to earnings of $99.8 million, or $0.74 per diluted share, for the fourth quarter of 2022. Earnings for the first quarter of 2022 were $81.7 million, or $0.60 per diluted share. First quarter of 2023 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.35%, 8.72% and 14.97%, respectively, compared to annualized returns on average assets, average equity and average tangible equity of 1.36%, 8.80% and 15.28%, respectively, for the fourth quarter of 2022. Annualiz

United Bankshares, Inc. (NASDAQ:UBSI) today announced that its Board of Directors declared a first quarter 2023 dividend of $0.36 per share for shareholders of record as of March 10, 2023. The dividend payout of approximately $48.6 million on 134.9 million shares is payable April 3, 2023. The year of 2022 represented the 49th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of December 31, 2022, United had consolidated assets of approximately $29.5 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North Caroli

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported record earnings for the year of 2022 of $379.6 million as compared to earnings of $367.7 million for the year of 2021. Earnings per diluted share for the year of 2022 were $2.80 as compared to earnings per diluted share of $2.83 for the year of 2021. Earnings for the fourth quarter of 2022 were $99.8 million, or $0.74 per diluted share, as compared to earnings of $102.6 million, or $0.76 per diluted share, for the third quarter of 2022. "With strong performance in the fourth quarter, 2022 finishes as one of the best years in our company's long history," stated Richard M. Adams, Jr., United's Chief Executive Officer. "Record e

United Bankshares, Inc. ("United") (NASDAQ:UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.36 per share for shareholders of record as of December 9, 2022. Dividends per share of $1.44 for the year 2022 represents an increase over the $1.41 per share paid for the year of 2021. The dividend payout of approximately $48.5 million on 134.7 million shares is payable January 3, 2023. The year 2022 marks the 49th consecutive year of dividend increases to United shareholders. United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 49 consecutive years. United is the parent company of United

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the third quarter of 2022 of $102.6 million, or $0.76 per diluted share, as compared to earnings of $95.6 million, or $0.71 per diluted share, for the second quarter of 2022. The quarter was highlighted by continued broad-based loan growth, net interest margin expansion and strong credit quality metrics. Annualized loan growth, excluding Paycheck Protection Program ("PPP") loans, for the third quarter and first nine months of 2022 was 16% and 15%, respectively. Third quarter 2022 net interest margin of 3.78% increased 40 basis points from the second quarter of 2022. Non-performing loans as a percentage of loans a

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.36 per share for shareholders of record as of September 9, 2022. The dividend payout of approximately $48.5 million on 134.6 million shares is payable October 3, 2022. The year of 2021 represented the 48th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of June 30, 2022, United had consolidated assets of approximately $28.8 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the second quarter of 2022 of $95.6 million, or $0.71 per diluted share, as compared to earnings of $81.7 million, or $0.60 per diluted share, for the first quarter of 2022. The quarter was highlighted by continued loan growth, net interest margin expansion, and strong credit quality metrics. Annualized loan growth, excluding Paycheck Protection Program ("PPP") loans, for the second quarter and first half of 2022 was 15% and 13%, respectively. Second quarter 2022 net interest margin of 3.38% increased 39 basis points from the first quarter of 2022. Non-performing loans as a percentage of loans and leases, net of

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.36 per share for shareholders of record as of June 10, 2022. The dividend payout of approximately $48.7 million on 135.3 million shares is payable July 1, 2022. The year of 2021 represented the 48th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of March 31, 2022, United had consolidated assets of approximately $29.4 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North Caro

United Bankshares, Inc. ("United") (NASDAQ:UBSI), a $29.4 billion regional financial services company, virtually held its Annual Meeting of Shareholders on Wednesday, May 11, 2022. During the meeting, United Executive Chairman of the Board Richard M. Adams addressed the shareholders by highlighting several key points from the 2021 Annual Report to Shareholders. "2021 was one of the most successful years in our company's history. We achieved record earnings, were ranked fourth among the 50 largest banking companies in the nation in financial performance, increased earnings per share, outperformed peer profitability, increased the dividends to shareholders for the 48th consecutive year, clo

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the first quarter of 2022 of $81.7 million, or $0.60 per diluted share, as compared to earnings of $73.9 million, or $0.56 per diluted share, for the fourth quarter of 2021. The quarter was highlighted by strong 11% annualized loan growth (excluding Paycheck Protection Program loans), net interest margin expansion, and the resumption of United's share repurchase program. First quarter 2022 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.13%, 6.96% and 11.63%, respectively, compared to annualized returns on average assets, average equity,

United Bankshares, Inc. (NASDAQ:UBSI) today announced that its Board of Directors declared a first quarter 2022 dividend of $0.36 per share for shareholders of record as of March 11, 2022. The dividend payout of approximately $49.3 million on 136.8 million shares is payable April 1, 2022. The year of 2021 represented the 48th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of December 31, 2021, United had consolidated assets of approximately $29.3 billion. United is the parent company of United Bank which comprises nearly 250 offices in Virginia, Maryland, Washington, D.C., North Caroli

United Bankshares, Inc. ("United") (NASDAQ:UBSI), the parent company of United Bank, announced the completion of its acquisition of Community Bankers Trust Corporation ("Community Bankers Trust") (NASDAQ:ESXB), the parent company of Essex Bank with $1.7 billion in assets, headquartered in the greater Richmond region. United now has approximately $29 billion in assets, with nearly 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and Ohio. "We are extremely pleased to have Community Bankers Trust joining United," said Richard M. Adams, Chairman and CEO of United. "We have been looking forward to the opportunity to broa

United Bankshares, Inc. ("United") (NASDAQ:UBSI) today announced that its Board of Directors declared a fourth quarter dividend of $0.36 per share for shareholders of record as of December 2, 2021. Dividends per share of $1.41 for the year 2021 represents an increase over the $1.40 per share paid for the year of 2020. The dividend payout of approximately $46.5 million on 129.2 million shares is payable January 3, 2022. The year 2021 marks the 48th consecutive year of dividend increases to United shareholders. United is one of only two major banking companies in the USA to have increased its dividend to shareholders for at least 48 consecutive years. United is the parent company of United

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the third quarter and first nine months of 2021. Earnings for the third quarter of 2021 were $92.2 million, or $0.71 per diluted share, as compared to earnings of $103.8 million, or $0.80 per diluted share, for the third quarter of 2020. Earnings for the first nine months of 2021 were $293.9 million, or $2.27 per diluted share, as compared to earnings of $196.7 million, or $1.68 per diluted share, for the first nine months of 2020. Third quarter 2021 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.33%, 8.23% and 14.03%, respectively, comp

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.35 per share for shareholders of record as of September 10, 2021. The dividend payout of approximately $45.2 million on 129.2 million shares is payable October 1, 2021. The year of 2020 represented the 47th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of June 30, 2021, United had consolidated assets of approximately $27.2 billion. United is the parent company of United Bank which has 222 offices in Virginia, Maryland, Washington, D.C., North Carolina, S

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported earnings for the second quarter and first half of 2021. Earnings for the second quarter of 2021 were $94.8 million, or $0.73 per diluted share, as compared to earnings of $52.7 million, or $0.44 per diluted share, for the second quarter of 2020. Earnings for the first half of 2021 were $201.7 million, or $1.56 per diluted share, as compared to earnings of $92.9 million, or $0.84 per diluted share, for the first half of 2020. Second quarter 2021 results produced annualized returns on average assets, average equity and average tangible common equity, a non-GAAP measure, of 1.41%, 8.69% and 14.95%, respectively, compared to annu

United Bankshares, Inc. ("United") (NASDAQ:UBSI), the parent company of United Bank, and Community Bankers Trust Corporation ("Community Bankers Trust") (NASDAQ:ESXB), the parent company of Essex Bank, today announced that they have entered into a definitive merger agreement. The combined organization will be approximately $29 billion in assets and rank as the 38th largest banking company in the U.S. based on market capitalization. The merger brings together two high-performing banking companies and strengthens United's position as one of the largest and best performing regional banking companies in the Mid-Atlantic and Southeast. Community Bankers Trust has assets of approximately $1.7 bi

United Bankshares, Inc. (United), a $27 billion regional financial services company, virtually held its Annual Meeting of Shareholders on Wednesday, May 12, 2021. During the meeting, United Chairman of the Board and Chief Executive Officer Richard M. Adams addressed the shareholders by highlighting several key points from the 2020 Annual Report to Shareholders. He began by stating, "During the many challenges of 2020, we continued our strong performance for our shareholders, our team members, our customers, and our communities.  2020 was one of the most difficult and tragic years in the history of our country. COVID-19, the worst pandemic in nearly 100 years, brought death to nearly 350,00

United Bankshares, Inc. ("United")(NASDAQ:UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.35 per share for shareholders of record as of June 11, 2021. The dividend payout of approximately $45.2 million on 129.2 million shares is payable July 1, 2021. The year of 2020 represented the 47th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of March 31, 2021, United had consolidated assets of approximately $27.0 billion. United is the parent company of United Bank, the largest community bank headquartered in the D.C. Metro region. United Bank has 22

United Bankshares, Inc. (NASDAQ:UBSI) ("United"), today reported record earnings for the first quarter of 2021 of $106.9 million, or $0.83 per diluted share, up significantly from earnings of $40.2 million, or $0.40 per diluted share for the first quarter of 2020. First quarter of 2021 results produced annualized returns on average assets, average equity and average tangible equity of 1.64%, 9.97% and 17.20%, respectively, compared to annualized returns on average assets, average equity and average tangible equity of 0.82%, 4.82% and 8.77%, respectively, for the first quarter of 2020. Record earnings for the first quarter of 2021, as compared to the first quarter of 2020, were primarily d

WASHINGTON & CHARLESTON, W.V.--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a first quarter 2021 dividend of $0.35 per share for shareholders of record as of March 12, 2021. The dividend payout of approximately $45.2 million on 129.0 million shares is payable April 1, 2021. The year of 2020 represented the 47th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record. As of December 31, 2020, United had consolidated assets of approximately $26.2 billion. United is the parent company of United Bank, the largest community bank hea

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter and the year of 2020. Earnings for the fourth quarter of 2020 were $92.4 million, or $0.71 per diluted share, as compared to earnings of $63.3 million, or $0.62 per diluted share for the fourth quarter of 2019. Earnings for the year of 2020 were a record $289.0 million as compared to earnings of $260.1 million for the year of 2019. Earnings per diluted share for the year of 2020 were $2.40 as compared to earnings per diluted share of $2.55 for the year of 2019. Fourth quarter 2020 results produced annualized returns on average assets,