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United Bankshares Inc
NASDAQ:UBSI

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United Bankshares Inc
NASDAQ:UBSI
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Price: 38.45 USD 0.31% Market Closed
Market Cap: 5.2B USD
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United Bankshares Inc
Investor Relations

United Bankshares Inc., a cornerstone in the banking industry, began its journey in the mid-19th century, evolving from a small local bank into a formidable financial entity. Based in West Virginia, United Bankshares has grown through strategic acquisitions and organic expansion to become one of the largest regional banking companies. The company’s modus operandi revolves around its robust network of community banks across Virginia, West Virginia, Washington, D.C., Maryland, North Carolina, South Carolina, Georgia, and Ohio. These bustling centers of commerce underscore the bank’s commitment to serving both individuals and businesses with an array of financial services, including commercial and retail banking, mortgage loans, and wealth management services.

How does United Bankshares make money? Primarily through its traditional banking operations, the bank thrives on the spread between interest earned on loans and the interest paid on deposits, a fundamental model for generating income in this sector. By catering to a diverse client base—from small retail customers to large commercial enterprises—the company has successfully harnessed the power of its extensive branch network to maintain a steady flow of interest income. Moreover, United Bankshares capitalizes on non-interest income sources such as service charges, trust fees, and insurance commissions, which add a consistent and lucrative revenue stream to its portfolio. Through a keen emphasis on risk management and customer satisfaction, United Bankshares has carved a niche for itself in an aggressively competitive market, sustaining its growth by adapting to the ever-evolving financial landscape.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Richard M. Adams Sr.
Executive Chairman of the Board
No Bio Available
Mr. Richard Matthew Adams Jr., M.D.
CEO & Director
No Bio Available
Mr. W. Mark Tatterson
Executive VP, CFO & Treasurer
No Bio Available
Mr. Darren K. Williams
Executive VP and Chief Information & Risk Officer
No Bio Available
Ms. Julie Ritche Gurtis
President & Executive VP
No Bio Available
Mr. Ross M. Draber
Executive VP & COO
No Bio Available
Mr. Matthew Lee Humphrey
Executive VP and Head of Wealth & Investment Management
No Bio Available
Ms. Ami Lee Shaver
Executive VP, Head of Human Resources and Director of Retail Sales & Service
No Bio Available
Mr. Douglas Bryon Ernest
Executive VP & Chief Credit Officer
No Bio Available
Mr. Charles J. Mildren
Executive VP & Chief Consumer Banking Officer
No Bio Available

Contacts

Address
NORTH CAROLINA
Lincolnton
901 East Main Street
Contacts
+17407351104.0
www.ubsi-inc.com