United Bankshares Inc - Understand $ubsi stock

$UBSI Market Cap: $5.168 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.469B

TTM

Gross Margin

Net Earnings

$358.9M

TTM

Current Assets

Current Liabilities

$292.8M

Q2 2024

Current Ratio

Total Assets

$29.96B

Q2 2024

Total Liabilities

$25.10B

Q2 2024

Book Value

$4.857B

Q2 2024

Cash

$1.859B

Q2 2024

P/E

14.40

Oct 17, 2024 EST

Free Cash Flow

$425.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	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
Revenue	$1.401B	$312.0M	$331.0M	$263.2M		$717.7M	$623.8M	$470.3M	$423.6M	$418.5M	$306.2M	$323.9M	$316.5M	$323.4M
YoY Change	349.2%	-5.74%	25.72%			15.05%	32.63%	11.03%	1.22%	36.71%	-5.48%	2.33%	-2.12%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.401B	$312.0M	$331.0M	$263.2M	$717.7M	$623.8M	$470.3M	$423.6M	$418.5M	$306.2M	$323.9M	$316.5M	$323.4M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	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
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$17.19M	$18.24M	$16.60M	$13.50M	$9.300M	$10.25M	$8.914M	$7.889M	$8.385M	$9.351M	$7.912M	$7.790M	$6.966M	$5.231M	$6.800M	$6.700M	$7.800M	$10.30M	$13.20M	$13.60M	$18.30M	$5.600M	$8.800M	$9.500M	$11.40M	$13.60M	$9.400M	$6.600M	$2.900M	$5.600M	$4.700M	$2.500M	$3.000M	$2.800M	$2.300M	$2.500M
YoY Change	-5.74%	9.86%	22.96%	45.16%	-9.3%	15.03%	12.99%	-5.92%	-10.33%	18.19%	1.57%	11.83%	33.17%	-23.07%	1.49%	-14.1%	-24.27%	-21.97%	-2.94%	-25.68%	226.79%	-36.36%	-7.37%	-16.67%	-16.18%	44.68%	42.42%	127.59%	-48.21%	19.15%	88.0%	-16.67%	7.14%	21.74%	-8.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$481.4M	$105.6M	$52.38M	$108.6M	$129.1M	$74.81M	$45.01M	$39.51M	$42.83M	$36.31M	$46.19M	$55.79M	$85.20M
YoY Change	356.04%	101.51%	-51.77%		72.53%	66.21%	13.93%	-7.77%	17.96%	-21.38%	-17.21%	-34.51%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	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
Pretax Income	$463.8M	$475.8M	$462.9M	$359.7M	$324.4M	$327.2M	$284.8M	$222.7M	$203.5M	$194.9M	$125.0M	$121.5M	$110.4M	$104.4M	$78.20M	$123.9M	$129.9M	$130.0M	$146.7M	$117.1M	$92.10M	$113.4M	$119.4M	$87.70M	$105.0M	$61.90M	$79.30M	$47.20M	$50.60M	$46.10M	$30.10M	$23.50M	$19.30M	$15.80M	$16.50M	$12.80M
YoY Change	-2.52%	2.78%	28.69%	10.88%	-0.85%	14.86%	27.92%	9.42%	4.41%	55.85%	2.93%	10.06%	5.72%	33.51%	-36.88%	-4.62%	-0.08%	-11.38%	25.28%	27.14%	-18.78%	-5.03%	36.15%	-16.48%	69.63%	-21.94%	68.01%	-6.72%	9.76%	53.16%	28.09%	21.76%	22.15%	-4.24%	28.91%
Income Tax	$97.49M	$96.16M	$95.10M	$70.70M	$64.30M	$70.82M	$134.2M	$75.58M	$65.53M	$65.00M	$39.42M	$38.87M	$34.77M	$32.46M	$11.00M	$36.90M	$39.20M	$40.80M	$46.30M	$33.80M	$28.00M	$35.20M	$47.20M	$28.70M	$34.80M	$17.50M	$27.00M	$16.70M	$17.80M	$15.70M	$9.800M	$7.100M	$5.600M	$4.400M	$4.500M	$2.500M
% Of Pretax Income	21.02%	20.21%	20.54%	19.66%	19.82%	21.65%	47.13%	33.94%	32.2%	33.35%	31.52%	32.0%	31.5%	31.09%	14.07%	29.78%	30.18%	31.38%	31.56%	28.86%	30.4%	31.04%	39.53%	32.73%	33.14%	28.27%	34.05%	35.38%	35.18%	34.06%	32.56%	30.21%	29.02%	27.85%	27.27%	19.53%
Net Earnings	$366.3M	$379.6M	$367.7M	$289.0M	$260.1M	$256.3M	$150.6M	$147.1M	$138.0M	$129.9M	$85.63M	$82.61M	$75.61M	$71.95M	$67.30M	$87.00M	$90.70M	$89.20M	$100.4M	$97.80M	$78.80M	$88.90M	$80.00M	$59.00M	$70.20M	$44.40M	$52.30M	$30.50M	$32.80M	$30.40M	$21.70M	$16.40M	$13.80M	$11.40M	$12.00M	$10.20M
YoY Change	-3.51%	3.24%	27.23%	11.11%	1.47%	70.24%	2.38%	6.61%	6.21%	51.69%	3.66%	9.25%	5.09%	6.9%	-22.64%	-4.08%	1.68%	-11.16%	2.66%	24.11%	-11.36%	11.13%	35.59%	-15.95%	58.11%	-15.11%	71.48%	-7.01%	7.89%	40.09%	32.32%	18.84%	21.05%	-5.0%	17.65%
Net Earnings / Revenue	26.14%	121.69%	111.1%	109.78%		35.72%	24.14%	31.27%	32.57%	31.03%	27.97%	25.5%	23.89%	22.25%
Basic Earnings Per Share	$2.72	$2.81	$2.84	$2.40		$2.46	$1.54	$2.00	$1.99	$1.93	$1.70	$1.64	$1.62	$1.65
Diluted Earnings Per Share	$2.72	$2.810M	$2.839M	$2.406M	$2.553M	$2.45	$1.54	$1.99	$1.98	$1.92	$1.70	$1.64	$1.61	$1.65	$1.547M	$2.005M	$2.149M	$2.129M	$2.335M	$2.223M	$1.850M	$2.063M	$1.900M	$1.395M	$1.606M	$1.021M	$1.222M	$1.003M	$1.090M	$1.003M	$911.8K	$762.8K	$657.1K	$600.0K	$705.9K	$607.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	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
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$86.99M	$71.14M	$279.0M	$245.0M	$154.0M	$95.00M	$105.0M	$76.00M	$73.00M	$78.00M	$70.00M	$72.00M	$76.00M	$55.00M	$58.00M	$59.00M	$62.00M	$38.00M	$40.00M	$42.00M	$44.00M		$48.00M	$44.00M	$49.00M	$55.00M	$55.00M	$34.00M	$35.00M	$31.00M	$31.00M	$31.00M	$23.00M	$21.00M	$21.00M	$21.00M
YoY Change	22.27%	-74.5%	13.88%	59.09%	62.11%	-9.52%	38.16%	4.11%	-6.41%	11.43%	-2.78%	-5.26%	38.18%	-5.17%	-1.69%	-4.84%	63.16%	-5.0%	-4.76%	-4.55%			9.09%	-10.2%	-10.91%	0.0%	61.76%	-2.86%	12.9%	0.0%	0.0%	34.78%	9.52%	0.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$145.0M	$164.1M	$57.00M	$56.00M	$37.00M	$57.00M	$64.00M	$79.00M	$71.00M	$70.00M	$49.00M								$0.00	$0.00	$334.0M	$666.0M
YoY Change	-11.61%	187.81%	1.79%	51.35%	-35.09%	-10.94%	-18.99%	11.27%	1.43%	42.86%										-100.0%	-49.85%
Total Long-Term Assets
YoY Change
Total Assets	$29.93B	$29.49B	$29.33B	$26.18B	$19.66B	$19.25B	$19.06B	$14.51B	$12.58B	$12.33B	$8.735B	$8.420B	$8.451B	$7.156B	$7.805B	$8.102B	$7.995B	$6.718B	$6.728B	$6.436B	$6.388B	$5.798B	$5.632B	$4.905B	$5.069B	$4.568B	$4.095B	$2.327B	$2.210B	$1.788B	$1.720B	$1.689B	$1.281B	$1.194B	$1.127B	$1.033B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$92.89M	$75.75M	$282.0M	$276.0M	$232.0M	$152.0M	$146.0M	$94.00M	$85.00M	$85.00M	$63.00M	$73.00M	$62.00M	$67.00M	$75.00M	$84.00M	$65.00M	$65.00M	$63.00M	$58.00M	$52.00M		$65.00M	$42.00M	$61.00M	$58.00M	$51.00M	$33.00M	$29.00M	$17.00M	$14.00M	$16.00M	$11.00M	$12.00M	$11.00M	$12.00M
YoY Change	22.62%	-73.14%	2.17%	18.97%	52.63%	4.11%	55.32%	10.59%	0.0%	34.92%	-13.7%	17.74%	-7.46%	-10.67%	-10.71%	29.23%	0.0%	3.17%	8.62%	11.54%			54.76%	-31.15%	5.17%	13.73%	54.55%	13.79%	70.59%	21.43%	-12.5%	45.45%	-8.33%	9.09%	-8.33%
Deferred Revenue
YoY Change
Short-Term Debt	$196.1M	$160.7M	$129.0M	$142.0M	$125.0M	$176.0M	$328.0M	$210.0M	$313.0M	$436.0M	$216.0M	$215.0M	$255.0M	$193.0M	$223.0M	$566.0M	$602.0M	$562.0M	$591.0M	$682.0M	$662.0M	$574.0M	$527.0M	$334.0M	$398.0M	$249.0M	$231.0M	$76.00M	$82.00M	$72.00M	$73.00M	$72.00M	$62.00M	$69.00M	$58.00M	$29.00M
YoY Change	22.03%	24.57%	-9.15%	13.6%	-28.98%	-46.34%	56.19%	-32.91%	-28.21%	101.85%	0.47%	-15.69%	32.12%	-13.45%	-60.6%	-5.98%	7.12%	-4.91%	-13.34%	3.02%	15.33%	8.92%	57.78%	-16.08%	59.84%	7.79%	203.95%	-7.32%	13.89%	-1.37%	1.39%	16.13%	-10.14%	18.97%	100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$289.0M	$75.75M	$282.0M	$276.0M	$232.0M	$152.0M	$146.0M	$94.00M	$85.00M	$85.00M	$63.00M	$73.00M	$62.00M	$67.00M	$75.00M	$84.00M	$65.00M	$65.00M	$63.00M	$58.00M	$52.00M	$574.0M	$65.00M	$42.00M	$61.00M	$58.00M	$51.00M	$33.00M	$29.00M	$17.00M	$14.00M	$16.00M	$11.00M	$12.00M	$11.00M	$12.00M
YoY Change	281.5%	-73.14%	2.17%	18.97%	52.63%	4.11%	55.32%	10.59%	0.0%	34.92%	-13.7%	17.74%	-7.46%	-10.67%	-10.71%	29.23%	0.0%	3.17%	8.62%	11.54%	-90.94%	783.08%	54.76%	-31.15%	5.17%	13.73%	54.55%	13.79%	70.59%	21.43%	-12.5%	45.45%	-8.33%	9.09%	-8.33%
Long-Term Debt	$1.789B	$2.198B	$285.0M	$280.0M	$236.0M	$235.0M	$242.0M	$274.0M	$274.0M	$275.0M	$199.0M	$199.0M	$204.0M	$184.0M	$185.0M	$185.0M	$196.0M	$85.00M	$89.00M	$89.00M	$90.00M	$172.0M	$9.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$84.00M	$32.00M	$28.00M	$0.00	$0.00	$0.00	$0.00
YoY Change	-18.59%	671.11%	1.79%	18.64%	0.43%	-2.89%	-11.68%	0.0%	-0.36%	38.19%	0.0%	-2.45%	10.87%	-0.54%	0.0%	-5.61%	130.59%	-4.49%	0.0%	-1.11%	-47.67%	1811.11%							-100.0%	162.5%	14.29%
Other Long-Term Liabilities	$257.8M	$235.9M	$31.00M	$19.00M	$2.000M	$1.000M	$1.000M	$1.000M	$1.000M	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$8.000M	$9.000M	$9.000M	$8.000M	$310.0M	$694.0M
YoY Change	9.29%	661.03%	63.16%	850.0%	100.0%	0.0%	0.0%	0.0%	-50.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-75.0%	-11.11%	0.0%	12.5%	-97.42%	-55.33%
Total Long-Term Liabilities	$2.047B	$2.434B	$316.0M	$299.0M	$238.0M	$236.0M	$243.0M	$275.0M	$275.0M	$277.0M	$201.0M	$201.0M	$206.0M	$186.0M	$187.0M	$187.0M	$204.0M	$94.00M	$98.00M	$97.00M	$400.0M	$866.0M	$9.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$84.00M	$32.00M	$28.00M	$0.00	$0.00	$0.00	$0.00
YoY Change	-15.89%	670.12%	5.69%	25.63%	0.85%	-2.88%	-11.64%	0.0%	-0.72%	37.81%	0.0%	-2.43%	10.75%	-0.53%	0.0%	-8.33%	117.02%	-4.08%	1.03%	-75.75%	-53.81%	9522.22%							-100.0%	162.5%	14.29%
Total Liabilities	$25.16B	$24.97B	$24.61B	$21.89B	$16.30B	$16.00B	$15.82B	$12.27B	$10.87B	$10.67B	$7.694B	$7.428B	$7.483B	$6.363B	$7.044B	$7.365B	$7.234B	$6.084B	$6.093B	$5.804B	$5.773B	$5.256B	$5.125B	$4.474B	$4.673B	$4.146B	$3.699B	$2.068B	$1.961B	$1.608B	$1.549B	$1.529B	$1.159B	$1.087B	$1.027B	$946.0M
YoY Change	0.73%	1.48%	12.44%	34.29%	1.87%	1.14%	28.88%	12.96%	1.8%	38.72%	3.58%	-0.73%	17.6%	-9.67%	-4.36%	1.81%	18.9%	-0.15%	4.98%	0.54%	9.84%	2.56%	14.55%	-4.26%	12.71%	12.08%	78.87%	5.46%	21.95%	3.81%	1.31%	31.92%	6.62%	5.84%	8.56%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	134.5M	134.8M	129.3M	120.0M	104.0M shares	97.50M shares	73.53M shares	69.33M shares	67.40M shares	50.35M shares	50.27M shares	46.80M shares	43.55M shares
Diluted Shares Outstanding	134.8M	135.1M	129.5M	120.1M	104.3M shares	97.89M shares	73.89M shares	69.63M shares	67.65M shares	50.43M shares	50.30M shares	46.84M shares	43.63M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.1681 Billion

About United Bankshares Inc

United Bankshares, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services and products. The company is headquartered in Charleston, West Virginia and currently employs 2,635 full-time employees. The firm's segments include community banking and mortgage banking. The community banking segment includes both commercial and consumer lending and provides customers with such products as commercial loans, real estate loans, business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products including demand deposit accounts, savings accounts and certificates of deposit as well as investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, and investment management. The mortgage banking segment engages primarily in the origination and acquisition of residential mortgages for sale into the secondary market though United’s mortgage banking subsidiaries, George Mason and Crescent. The firm has one banking subsidiary doing business under the name of United Bank. The company also owns nonbank subsidiaries.

Industry: State Commercial Banks Peers: Cadence Bank Bank Ozk Glacier Bancorp Inc Home BancShares Inc Old National Bancorp PNC Financial Services Group Inc Synovus Financial Corp Valley National Bancorp Wintrust Financial Corp