United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2024
United Bankshares, Inc. (UBSI)
Last united bankshares, inc. earnings: 4/30 07:50 am
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US:NASDAQ Investor Relations:
irsolutions.snl.com/corporateprofile.aspx?iid=100469
Company Research
Source: Business Wire
WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)--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 levels remain a source of strength.”United previously announced during the second quarter of 2024 that it entered into a definitive merger agreement with Piedmont Bancorp, Inc. (“Piedmont”). The combined organization will have approximately $32 bil
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UBSI
News
- United Bankshares (NASDAQ:UBSI) Has Affirmed Its Dividend Of $0.37 [Yahoo! Finance]Yahoo! Finance
- United Bankshares, Inc. (NASDAQ: UBSI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- 51st Consecutive Year of Dividend Increases for United Bankshares, Inc.Business Wire
- United Bankshares, Inc. (NASDAQ: UBSI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Here's What Analysts Are Forecasting For United Bankshares, Inc. (NASDAQ:UBSI) After Its Third-Quarter Results [Yahoo! Finance]Yahoo! Finance
UBSI
Earnings
- 10/24/24 - Beat
UBSI
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- UBSI's page on the SEC website