Company Information

  

Address: 300 UNITED CTR
500 VIRGINIA ST E 
City: CHARLESTON 
State: WV 
Zip Code: 25301 
Telephone: 304-424-8800 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

United Bankshares, Inc. (United) is a West Virginia corporation registered as a bank holding company pursuant to the Bank Holding Company Act of 1956, as amended. United was incorporated on March 26, 1982, organized on September 9, 1982, and began conducting business on May 1, 1984 with the acquisition of three wholly-owned subsidiaries. Since its formation in 1982, United has acquired twenty-seven banking institutions. At December 31, 2009, United has two banking subsidiaries (the Banking Subsidiaries) "doing business" under the name of United Bank, one operating under the laws of West Virginia referred to as United Bank (WV) and the other operating under the laws of Virginia referred to as United Bank (VA). United's Banking Subsidiaries offer a full range of commercial and retail banking services and products.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.900.33020.63
03/20171.980.33021.34
12/20161.990.33023.24
09/20161.960.33019.22
06/20161.930.33019.44
03/20161.990.33018.44
12/20151.980.33018.68
09/20151.980.32019.19

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.10Total Liab/Total Assets0.85
Net Inc/Total Assets0.01Total Liab/Inv Cap0.92
Net Inc/Inv Cap0.01Total Liab/Comm Equity8.72
Pretax Inc/Net Sales0.41Interest Coverage Ratio15.02
Net Inc/Net Sales0.27Curr Debt/Equity0.52
Cash Flow/Net Sales0.31LTD/EquityNA
SG&A/NetSales0.46Total Debt/Equity0.52
Asset Utilization   Liquidity  
Net Receivables Turnover14.37Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E7.12  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 195.45 140.90 142.27 142.16
Cost of Goods Sold 12.59 8.47 7.85 7.72
Selling & Admin Exps 112.14 62.84 62.51 62.78
Operating Income NA NA NA NA
Interest Exp 6.12 4.67 4.52 4.35
Pretax Income 56.36 59.03 61.58 60.33
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 37.06 38.81 39.11 41.48

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 3,201.49 3,040.74 2,838.17 2,581.07
Receivables - Total 48.55 39.32 39.40 38.74
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 96.33 75.82 75.91 76.62
Total Assets 19,035.60 14,762.32 14,508.89 14,344.70
Liabilities        
Accounts Payable 140.37 105.28 93.66 96.90
Debt in Current Liabilities 1,444.04 1,116.44 1,157.26 1,415.53
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 15,798.18 12,509.46 12,273.15 12,316.02
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 262.44 202.95 202.67 191.17
Retained Earnings 887.46 885.02 872.99 859.20
Treasury Stock -1.00 -0.99 -0.98 -0.98
Total Stockholders' Equity 3,237.42 2,252.86 2,235.75 2,028.68
Total Liabilities and Stockholders' Equity 19,035.60 14,762.32 14,508.89 14,344.70

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -29.05 64.97 42.86 60.59
Net Cash Provided by Investing Activities 211.25 -31.95 127.49 -17.40
Net Cash Provided by Financing Activities -438.52 199.78 145.67 -26.15

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012388.7482.611.64
12/2013372.6685.631.70
12/2014499.50129.891.92
12/2015497.26137.961.98
12/2016540.37147.081.99
Growth Rates8.5815.514.95

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1730665,84162.73




Report Date : 10/16/2017

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