Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
04 June 1987Website:
http://www.ubsi-inc.comNext earnings report:
24 January 2025Last dividends:
13 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:29:29 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
UBSI Latest News
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 13.99%-20.65% topped by Northwest Natural and United Bankshares. By yield, Altria tops all. Top-ten October dogs: HRL, KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.87% in yield.
United Bankshares (UBSI) remains a buy due to its undervaluation based on TBV per share and its 50-year streak of rising dividends. UBSI's stable NIM, strategic investment portfolio management, successful acquisitions, and solid capital ratios demonstrate its resilience. United's conservative dividend growth makes it attractive for retirees seeking reliable income, with a current yield of 3.94%.
United Bankshares, Inc. is a dividend growth play with upside, benefiting from rate cuts and increased loan activity, making it a good buy under $40. The Q2 report shows strong performance with revenues of $255.9 million, driven by loan and deposit growth, and improving net interest margins. Asset quality remains strong with nonperforming loans decreasing and stable net charge-offs, indicating well-managed risk despite rising consumer debt.
United Bankshares (UBSI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.68 per share a year ago.
United Bankshares is a financial holding company with increasing dividends for 50 years in a row and a high dividend yield of 4.58%. The acquisition of Piedmont Bancorp in Georgia is expected to boost UBSI's long-term growth and profitability. Despite modest growth expectations for 2024, UBSI's solid financials and reasonable valuation make it a potential buy for investors.
The acquisition of Piedmont by United Bankshares (UBSI) will enhance the latter's presence in the Mid-Atlantic and Southeast markets.
The key metrics for United Bankshares (UBSI) in the quarter ended March 2024 provide a glimpse into the company's performance, but it could be beneficial to compare them to Wall Street forecasts and last year's results.
United Bankshares (UBSI) reported quarterly earnings of $0.64 per share, falling short of the Zacks Consensus Estimate of $0.65 per share. This is lower than the earnings of $0.73 per share from the same quarter last year.
United Bankshares (UBSI) is well-positioned for top-line growth with decent loan demand and improving fee income. A solid balance sheet and earnings keep the capital distribution prospects sustainable.
United Bankshares (UBSI) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago.
What type of business is United Bankshares?
United Bankshares, Inc. is an American financial holding company. Its main activity is banking services, which are provided through its subsidiary United Bank. The bank offers a full range of commercial and retail banking services and products. It was registered in West Virginia in 1982. Among the banking services offered are: accepting deposits into current, savings, time, and money market accounts; providing and servicing personal and commercial loans; issuing loans for construction and real estate. Individual retirement accounts, safes, bank transfers, and other standard banking products and services are also offered. Services are provided, including through internet banking, which allows customers to perform various transactions using a computer, tablet, or mobile device.
What sector is United Bankshares in?
United Bankshares is in the Financial Services sector
What industry is United Bankshares in?
United Bankshares is in the Banks - Regional industry
What country is United Bankshares from?
United Bankshares is headquartered in United States
When did United Bankshares go public?
United Bankshares initial public offering (IPO) was on 04 June 1987
What is United Bankshares website?
https://www.ubsi-inc.com
Is United Bankshares in the S&P 500?
No, United Bankshares is not included in the S&P 500 index
Is United Bankshares in the NASDAQ 100?
No, United Bankshares is not included in the NASDAQ 100 index
Is United Bankshares in the Dow Jones?
No, United Bankshares is not included in the Dow Jones index
When was United Bankshares the previous earnings report?
No data
When does United Bankshares earnings report?
The next expected earnings date for United Bankshares is 24 January 2025