United Bankshares, Inc.
UBSI · NASDAQ
Company research
United Bankshares, Inc. (NASDAQ: UBSI) is a regional financial holding company with approximately $34 billion in consolidated assets, dual-headquartered in Charleston, West Virginia and Washington, D.C., and recognized as the 38th largest banking company in the U.S. by market capitalization. As the parent company of United Bank, UBSI operates over 240 full-service banking offices and 22 loan origination offices across nine states — Virginia, West Virginia, Maryland, Pennsylvania, Ohio, North Carolina, South Carolina, and Georgia — as well as Washington, D.C. The company provides a comprehensive suite of financial products and services through its Community Banking and Mortgage Banking divisions, including commercial and consumer lending, deposit accounts, wealth management, treasury management, mortgage banking, brokerage services, and real property title insurance. Publicly traded on the NASDAQ since 1987, UBSI has delivered over 50 consecutive years of dividend increases to shareholders, reflecting its long-standing commitment to shareholder value and community service.
Research reports
Extensive fundamental report positioning UBSI as a conservative, relationship-driven regional bank and “stable income compounder,” highlighting its strong capital ratios, Dividend King status, and Atlanta-driven expansion while stressing that growth is increasingly reliant on M&A and Southeast markets. It presents detailed scenario analysis with base, bull, and bear cases, notes CRE concentration near regulatory limits and deposit beta/fintech competition as key risks, and characterizes near-term trading as range-bound with a constructive bias rather than a high-conviction growth story.
Sure Dividend · May 3, 2026United Bankshares, Inc. (UBSI)This Sure Dividend report rates UBSI a Hold with an expected annual total return of about 9%, driven by roughly 5% EPS growth, modest valuation tailwind, and a ~3.5% dividend yield alongside 52 consecutive years of dividend increases. It views shares as slightly undervalued versus a 13× fair-value P/E, praises improving net interest margin and credit quality, but flags elevated funding-cost risk if rates stay high and notes that translating balance-sheet growth into per-share earnings remains the main challenge.
StockStory · March 30, 2026United Bankshares (UBSI) Research Report: Q4 CY2025 UpdateStockStory’s Q4 CY2025 update labels UBSI “Underperform,” arguing that its five-year revenue and EPS growth have lagged banking peers and that tangible book value per share growth, while positive, is only mid-single digit. The piece acknowledges a solid Tier 1 capital ratio and a reasonable ~1× forward P/B valuation but concludes that UBSI fails the platform’s quality test and that there are more attractive banking opportunities despite recent Q4 beats on revenue, NIM, and EPS.
Sure Dividend · January 31, 2026United Bankshares, Inc. (UBSI)This earlier 2026 Sure Dividend report also assigns a Hold rating, projecting about 8.7% annual returns from roughly 4% EPS growth, a small valuation re-rating, and a ~3.6% dividend yield backed by a 52-year dividend growth streak. It highlights strong net interest margin expansion and stable credit quality following the Piedmont-driven balance-sheet growth, but cautions that high starting earnings, potential funding-cost pressures in a sustained high-rate environment, and reliance on acquisitions make sustaining outsized growth difficult.