UNITED BANKSHARES INC/WV (UBSI)

United Bankshares, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services and products. It operates through the following segments: Community Banking, Mortgage Banking, and Other. The Community Banking segment consists of both commercial and consumer lending and provides customers with such products as commercial loans, real estate loans, business financing, and consumer loans. The Mortgage Banking segment focuses on the origination and acquisition of residential mortgages for sale into the secondary market through United's mortgage banking subsidiaries, George Mason and Crescent. The Other segment includes financial information not directly attributable to a specific segment, including interest income from investments and net securities gains or losses of parent companies and their non-banking subsidiaries. The company was founded in 1839 and is headquartered in Charleston, WV.

Address

300 UNITED CTR
CHARLESTON, WV 25301

Founded

1839

Number of Employees

2,635

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$25 - - $487 $100,721 $36,042 $21,320 $11,290 $79,459 $1,382 $1,032 $27,973
Average Price $33.72 - - $36.12 $34.96 $34.99 $31.38 $33.09 $34.70 $40.83 $34.43 $34.49
# Shares Purchased 731 - - 13,472 2,880,855 1,030,089 679,331 341,153 2,289,854 33,850 29,961 811,033
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 9.7% - - 2.4% 5.8% 5.7% 17.9% 11.8% 6.6% -9.4% 7.5% 7.3%
S&P 500 Return to Date 181.9% - - 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 76.9%
Excess Total Return -172.1% - - -127.3% -99.0% -87.4% -56.9% -19.8% -30.6% -40.7% 0.1% -69.6%
Quartile Rank
Percentile Rank 34% - - 38% 39% 39% 39% 56% 53% 28% 56% 47%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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