United Bancshares Obtains Regulatory Nod to Acquire Piedmont Bancorp [Yahoo! Finance]
United Bankshares, Inc. (UBSI)
Last united bankshares, inc. earnings: 4/30 07:50 am
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Source: Yahoo! Finance
anticipated to be completed in early 2025, with system integration expected to be completed by late first-quarter 2025, subject to customary closing requirements. United Bancshares announced the acquisition of Piedmont this May in an all-stock transaction valued at $267 million. Also, a one-time pre-tax merger expense of $27.6 million is expected to be incurred. Piedmont Bancorp, headquartered in Peachtree Corners, GA, through its subsidiary, The Piedmont Bank, operates in 16 locations across Atlanta region and North Georgia. The combined entity is anticipated to have more than $32 billion in total assets and a network of approximately 240 locations across eight states and Washington, D.C. Upon the completion of the deal, Piedmont will be merged into UBSI and existing Piedmont offices will function under the name of United Bancshares in the state of Georgia. Richard M. Adams, Jr., CEO of United Bankshares, Inc., stated, “We are pleased to have received regulatory approval fr
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News
- Why Is United Bankshares, Inc. (UBSI) Among the Dividend Kings You Should Consider? [Yahoo! Finance]Yahoo! Finance
- United Bankshares, Inc. Receives Final Regulatory Approval for Piedmont Bancorp AcquisitionBusiness Wire
- United Bankshares (NASDAQ:UBSI) Has Affirmed Its Dividend Of $0.37 [Yahoo! Finance]Yahoo! Finance
- 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
UBSI
Earnings
- 10/24/24 - Beat
UBSI
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/17/24 - Form 4
- UBSI's page on the SEC website