UBSI · XBRL financial data
United Bankshares financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (UBSI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 263 | 331 | 312 | — | — | — |
| Interest expense | 109 | 52 | 106 | 481 | — | — |
| Income tax expense (benefit) | 71 | 95 | 96 | 97 | 92 | 119 |
| Net income (loss) | 289 | 368 | 380 | 366 | 373 | 465 |
| Earnings per share, basic USD per share | 2.40 | 2.84 | 2.81 | 2.72 | 2.76 | 3.28 |
| Earnings per share, diluted USD per share | 2.40 | 2.83 | 2.80 | 2.71 | 2.75 | 3.27 |
| Weighted average shares, basic millions of shares | 120 | 129 | 135 | 135 | 135 | 141 |
| Weighted average shares, diluted millions of shares | 120 | 130 | 135 | 135 | 135 | 142 |
Balance sheet
CSVFiscal years (UBSI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,209 | 3,758 | 1,177 | 1,599 | 2,292 | 2,542 |
| Property and equipment, net | 176 | 197 | 199 | 191 | 186 | 209 |
| Right-of-use asset | 70 | 82 | 71 | 87 | 82 | 89 |
| Goodwill | 1,797 | 1,886 | 1,889 | 1,889 | 1,889 | 2,019 |
| Total assets | 26,184 | 29,329 | 29,489 | 29,926 | 30,024 | 33,660 |
| Total deposits | 20,585 | 23,350 | 22,303 | 22,819 | 23,962 | 27,061 |
| Total liabilities | 21,887 | 24,610 | 24,973 | 25,155 | 25,030 | 28,164 |
| Retained earnings | 1,205 | 1,391 | 1,575 | 1,746 | 1,918 | 2,170 |
| Total stockholders' equity | 4,298 | 4,719 | 4,516 | 4,771 | 4,993 | 5,496 |
| Total liabilities and equity | 26,184 | 29,329 | 29,489 | 29,926 | 30,024 | 33,660 |
| Common shares outstanding (cover page) millions of shares | 129 | 137 | 135 | 135 | 143 | 139 |
Cash flows
CSVFiscal years (UBSI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 289 | 368 | 380 | 366 | 373 | 465 |
| Stock-based compensation | 6 | 8 | 10 | 12 | 12 | 13 |
| Net cash from operating activities | 140 | 610 | 761 | 435 | 445 | 499 |
| Purchases of property and equipment | 19 | 15 | 17 | 12 | 12 | 18 |
| Net cash from investing activities | 138 | 16 | (3,448) | 39 | 571 | (899) |
| Share repurchases | 21 | 11 | 79 | 1 | 1 | 127 |
| Dividends paid | 163 | 181 | 193 | 195 | 201 | 209 |
| Net cash from financing activities | 1,094 | 924 | 105 | (52) | (324) | 650 |
Compare with peers
SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| United Bankshares | 2,081 | not reported | 105* | 136.2M | 10-QJun 30, 2026 |
| Valley National Bancorp | 967 | not reported | 164* | 552.6M | 10-QJun 30, 2026 |
| First Financial Bankshares | 580 | not reported | 84* | 143.3M | 10-QJun 30, 2026 |
| FNB | 2,526 | not reported | 291* | 350.8M | 10-QSep 30, 2026 |
| Glacier Bancorp | 291 | not reported | 162* | 130.2M | 10-QSep 30, 2026 |
| Hancock Whitney | 572 | not reported | 151* | 80.2M | 10-QJun 30, 2026 |
| Home Bancshares | 1,053 | not reported | 97* | 200.0M | 10-QJun 30, 2026 |
| Atlantic Union Bankshares | 701 | not reported | 182* | 140.0M | 10-QSep 30, 2026 |
| Ameris Bancorp | 1,197 | not reported | 79* | 67.1M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
