United Bankshares, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Richard Matthew Adams Jr.
- Full Time Employees
- 2,694
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 300 United Center Charleston WV United States of America 25301
- IPO Date
- Jun 4, 1987
- CIK
- 0000729986
- Website
- ubsi-inc.com
- Similar Companies
- Business
- United Bankshares, Inc. (NASDAQ: UBSI) is a financial holding company that, through its banking subsidiary United Bank, provides commercial and retail banking products and services to individuals, small-to-medium-sized businesses, and corporations across the Mid-Atlantic and Southeastern United States. The company offers a comprehensive suite of deposit products including checking, savings, time and money market accounts, individual retirement accounts, demand deposits, statement and special savings, and NOW accounts; loan products encompassing commercial loans and leases to small-to-mid-size industrial and commercial companies, automobile dealers, service, retail and wholesale merchants, construction and real estate loans such as commercial and residential mortgages and loans secured by owner-occupied real estate, personal loans, automobile loans, boat loans, recreational vehicle loans, credit card receivables, floor plan loans, and home equity loans; and additional services such as treasury management, wealth management and investment services including trust, financial planning, asset management, brokerage, custody of assets, investment management, escrow services, and related fiduciary activities, mortgage banking and origination, personal and business credit cards, safe deposit boxes, wire transfers, automated teller machine services, internet and automated telephone banking, real property title insurance, and buying and selling federal fund services. United Bankshares, Inc. maintains over 240 full-service banking offices and loan origination offices in Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia. Incorporated in 1982 and headquartered in Charleston, West Virginia, with dual headquarters in Washington, D.C., the company has pursued growth through strategic acquisitions, including its 34th acquisition in January 2025 with the completion of the merger with Piedmont Bancorp, Inc., parent of The Piedmont Bank, which expanded its footprint into the greater Atlanta area and increased consolidated assets to more than $32 billion. This latest transaction, following regulatory approvals in late 2024, underscores United Bankshares' ongoing strategy of regional expansion while maintaining a commitment to community banking, credit quality, and shareholder value through consistent dividend increases.
Company News
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