UBSI
United Bankshares Inc
NASDAQ: UBSI · FINANCIAL SERVICES · BANKS - REGIONAL
$43.81
+1.11% today
Updated 2026-04-30
Market cap
$6.08B
P/E ratio
12.35
P/S ratio
4.86x
EPS (TTM)
$3.57
Dividend yield
3.41%
52W range
$33 – $45
Volume
1.0M
United Bankshares Inc (UBSI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $449.72M | $496.48M | $497.21M | $434.83M | $382.30M | $366.31M | $387.42M | $371.33M | $489.14M | $495.75M | $538.63M | $753.64M | $841.42M | $910.75M | $1.14B | $1.06B | $1.15B | $1.53B | $1.62B | $1.82B |
| Revenue growth (YoY) | — | +10.4% | +0.1% | -12.5% | -12.1% | -4.2% | +5.8% | -4.2% | +31.7% | +1.4% | +8.6% | +39.9% | +11.6% | +8.2% | +24.9% | -6.9% | +8.1% | +33.5% | +6.0% | +12.3% |
| Cost of revenue | $182.53M | $218.64M | $202.27M | $166.44M | $98.97M | $72.94M | $64.05M | $55.58M | $64.77M | $62.08M | $69.52M | $103.22M | $151.08M | $205.95M | $215.17M | $28.41M | $124.38M | $512.55M | $616.21M | $630.78M |
| Gross profit | $267.19M | $277.84M | $294.94M | $268.40M | $283.33M | $293.37M | $323.37M | $315.75M | $424.37M | $433.67M | $469.11M | $650.43M | $690.34M | $704.79M | $922.62M | $1.03B | $1.02B | $1.02B | $1.00B | $1.19B |
| Gross margin | 59.4% | 56.0% | 59.3% | 61.7% | 74.1% | 80.1% | 83.5% | 85.0% | 86.8% | 87.5% | 87.1% | 86.3% | 82.0% | 77.4% | 81.1% | 97.3% | 89.1% | 66.5% | 62.0% | 65.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $62.33M | $84.16M | $91.01M | $101.35M | $98.13M | $102.07M | $111.18M | $108.63M | $133.30M | $138.44M | $146.07M | $229.46M | $235.90M | $217.78M | $333.66M | $342.19M | $300.34M | $309.55M | $307.97M | $457.01M |
| Operating income | $130.02M | $129.91M | $123.87M | $78.25M | $104.40M | $110.38M | $121.48M | $125.04M | $194.89M | $203.49M | $222.66M | $284.83M | $327.17M | $324.44M | $359.74M | $462.85M | $475.78M | $463.81M | $464.58M | $590.18M |
| Operating margin | 28.9% | 26.2% | 24.9% | 18.0% | 27.3% | 30.1% | 31.4% | 33.7% | 39.8% | 41.0% | 41.3% | 37.8% | 38.9% | 35.6% | 31.6% | 43.7% | 41.5% | 30.3% | 28.7% | 32.4% |
| EBITDA | $140.28M | $137.66M | $130.53M | $85.07M | $111.19M | $117.72M | $131.20M | $136.72M | $196.46M | $204.24M | $213.94M | $263.26M | $306.10M | $304.00M | $343.30M | $470.76M | $499.45M | $486.91M | $474.98M | $590.18M |
| EBITDA margin | 31.2% | 27.7% | 26.3% | 19.6% | 29.1% | 32.1% | 33.9% | 36.8% | 40.2% | 41.2% | 39.7% | 34.9% | 36.4% | 33.4% | 30.2% | 44.4% | 43.6% | 31.8% | 29.3% | 32.4% |
| EBIT | $130.02M | $129.91M | $123.87M | $78.25M | $104.40M | $110.38M | $121.48M | $125.04M | $194.89M | $203.49M | $222.66M | $284.83M | $327.17M | $324.44M | $359.74M | $462.85M | $475.78M | $463.81M | $464.58M | — |
| Interest expense | $181.09M | $213.31M | $177.12M | $120.37M | $85.20M | $55.79M | $46.19M | $36.31M | $42.83M | $39.51M | $45.01M | $74.81M | $129.07M | $184.64M | $108.61M | $52.38M | $105.56M | $481.40M | $591.05M | $583.69M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $89.25M | $90.67M | $86.95M | $67.30M | $71.95M | $75.61M | $82.61M | $85.63M | $129.89M | $137.96M | $147.08M | $150.58M | $256.34M | $260.10M | $289.02M | $367.74M | $379.63M | $366.31M | $373.00M | $464.60M |
| Net income growth (YoY) | — | +1.6% | -4.1% | -22.6% | +6.9% | +5.1% | +9.3% | +3.7% | +51.7% | +6.2% | +6.6% | +2.4% | +70.2% | +1.5% | +11.1% | +27.2% | +3.2% | -3.5% | +1.8% | +24.6% |
| Profit margin | 19.8% | 18.3% | 17.5% | 15.5% | 18.8% | 20.6% | 21.3% | 23.1% | 26.6% | 27.8% | 27.3% | 20.0% | 30.5% | 28.6% | 25.4% | 34.7% | 33.1% | 24.0% | 23.0% | 25.5% |