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United Bankshares Q1 2024 Earnings Report

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$38.00 +0.51 (+1.36%)
(As of 12/20/2024 05:16 PM ET)

United Bankshares EPS Results

Actual EPS
$0.64
Consensus EPS
$0.65
Beat/Miss
Missed by -$0.01
One Year Ago EPS
$0.74

United Bankshares Revenue Results

Actual Revenue
$401.39 million
Expected Revenue
$256.80 million
Beat/Miss
Beat by +$144.59 million
YoY Revenue Growth
N/A

United Bankshares Announcement Details

Quarter
Q1 2024
Time
Q1 2024 Earnings Release
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United Bankshares Earnings Headlines

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About United Bankshares

United Bankshares (NASDAQ:UBSI), through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Its loan products include commercial loans and leases to small to mid-size industrial and commercial companies; construction and real estate loans, such as commercial and residential mortgages, and loans secured by owner-occupied real estate; personal, student, credit card receivables, personal, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services, as well as investment management and retirement planning services. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

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