UNITED BANKSHARES INC/WV

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $495.4m
$680.6m +37.40%
$717.4m +5.39%
$728.4m +1.54%
$1.0b +43.40%
$1.0b -2.27%
$1.0b +2.82%
$1.1b +0.52%
$1.0b -1.94%
$1.2b +19.58%
$1.3b +3.43%
Total interest income $470.3m
$623.8m +32.63%
$717.7m +15.05%
$762.6m +6.25%
$798.4m +4.70%
$795.1m -0.41%
$1.0b +26.02%
$1.4b +39.85%
$1.5b +7.19%
$1.7b +12.23%
Revenue from contract $62.6m $118.9m $121.8m $141.6m $333.2m $251.0m $126.7m $109.8m $103.5m $103.6m
Net gains on the sales of OREO properties $2.0m $54k $700k ($60k) ($75k) ($148k)
Noninterest income:
Net interest income $425.3m
$549.0m +29.08%
$588.6m +7.22%
$577.9m -1.82%
$689.8m +19.35%
$742.7m +7.68%
$896.4m +20.69%
$919.9m +2.62%
$911.1m -0.96%
$1.1b +20.97%
$1.1b +3.02%
Interest Income (Expense), Net $425.3m
$549.0m +29.08%
$588.6m +7.22%
$577.9m -1.82%
$689.8m +19.35%
$742.7m +7.68%
$896.4m +20.69%
$919.9m +2.62%
$911.1m -0.96%
$1.1b +20.97%
$1.7b +53.80%
Amortization of Intangible Assets $3.9m $7.8m $8.0m $7.0m $6.6m $5.9m $5.5m $5.1m $3.6m $9.4m
Noninterest expense:
Interest expense:
Total interest expense $45.0m $74.8m $129.1m $184.6m $108.6m $52.4m $105.6m $481.4m $591.1m $583.7m
Net interest income after provision for credit losses $400.8m
$520.6m +29.88%
$566.6m +8.84%
$556.6m -1.77%
$583.2m +4.78%
$766.7m +31.46%
$877.6m +14.47%
$888.8m +1.27%
$885.9m -0.32%
$1.0b +18.33%
$1.1b +8.31%
Gain (Loss) on Investments ($7.7m) $11.2m
Total other income $70.0m $131.6m $128.7m $150.5m $354.7m $278.1m $153.3m $135.3m $123.7m $135.2m
Total other expense $248.2m $367.4m $368.2m $382.7m $578.2m $581.9m $555.1m $560.2m $545.0m $600.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $222.7m $284.8m $327.2m $324.4m $359.7m $462.9m $475.8m $463.8m $464.6m $583.4m $644.5m
Income taxes $75.6m $134.2m $70.8m $64.3m $70.7m $95.1m $96.2m $97.5m $91.6m $118.8m
Current Income Tax Expense (Benefit) $102.2m $129.4m
Net Income (Loss) Attributable to Parent $147.1m
$150.6m +2.38%
$256.3m +70.24%
$260.1m +1.47%
$289.0m +11.12%
$367.7m +27.23%
$379.6m +3.23%
$366.3m -3.51%
$373.0m +1.82%
$464.6m +24.56%
$514.1m +10.66%
Net Income (Loss) Available to Common Stockholders, Basic $146.8m
$150.3m +2.39%
$255.9m +70.20%
$259.5m +1.42%
$288.3m +11.09%
$366.7m +27.20%
$378.6m +3.25%
$365.4m -3.48%
$372.2m +1.84%
$463.6m +24.56%
$514.1m +10.90%
Earnings Per Share, Basic $2.00 $1.54 $2.46 $2.55 $2.40 $2.84 $2.81 $2.72 $2.76 $3.28 $3.68
Earnings Per Share, Diluted $1.99 $1.54 $2.45 $2.55 $2.40 $2.83 $2.80 $2.71 $2.75 $3.27 $3.67
Weighted Average Number of Shares Outstanding, Basic 73.5m 97.5m 104.0m 101.6m 120.0m 129.3m 134.8m 134.5m 134.9m 141.5m 139.8m
Weighted Average Number of Shares Outstanding, Diluted 73.9m 97.9m 104.3m 101.9m 120.1m 129.5m 135.1m 134.8m 135.2m 141.8m 140.2m
Additional Financial Items
Bank Owned Life Insurance Income $5.8m $5.1m $5.0m $7.3m $7.2m $6.8m $9.2m $8.3m $11.2m $13.2m
Equipment Expense $8.6m $10.5m $13.8m $14.2m $20.9m $26.0m $29.3m $29.7m $29.7m $34.9m
Business Combination, Acquisition Related Costs $5.4m $54.2m
Taxes, Miscellaneous $7.8m $12.6m $11.4m $11.3m $12.1m $12.4m $13.5m $16.2m $16.9m $18.3m
Interest and fees on loans and leases $430.7m $565.5m $636.7m $667.0m $721.8m $724.5m $864.6m $1.2b $1.3b $1.5b
Interest on federal funds sold and other short-term investments $3.5m $16.0m $19.3m $21.3m $9.8m $8.7m $22.9m $47.1m $66.2m $93.7m
Taxable $32.4m $36.7m $56.3m $70.8m $61.8m $54.7m $105.8m $144.4m $128.7m $107.3m
Tax-exempt $3.8m $5.5m $5.5m $3.5m $5.0m $7.2m $8.7m $6.6m $4.6m $4.8m
Interest on deposits $29.1m $49.7m $91.5m $135.6m $78.6m $41.6m $80.2m $391.1m $539.8m $554.5m
Interest on short-term borrowings $1.6m $1.6m $2.2m $2.3m $1.0m $693k $1.8m $6.4m $8.0m $5.8m
Interest on long-term borrowings $14.3m $23.5m $35.3m $46.6m $29.0m $10.1m $23.5m $83.9m $43.3m $23.4m
Provision for credit losses $22.0m $21.3m $106.6m ($24.0m) $18.8m $31.2m $25.2m $53.9m
Income from bank-owned life insurance $5.8m $5.1m $5.0m $7.3m $7.2m $6.8m $9.2m $8.3m $11.2m $13.2m
Mortgage loan servicing income $0 $0 $6.2m $9.6m $9.2m $13.7m $9.0m $0
Net investment securities gains (losses) $280k $5.6m ($2.6m) $175k $3.2m $2.7m $776k ($7.6m) ($7.7m) $11.2m
Employee compensation $93.3m $164.2m $164.5m $174.0m $274.7m $280.0m $242.4m $230.8m $234.6m $252.1m
Employee benefits $29.0m $37.1m $36.2m $35.7m $48.9m $53.9m $45.9m $48.4m $53.6m $54.3m
Net occupancy expense $27.5m $39.1m $36.5m $34.9m $41.3m $42.0m $45.1m $46.4m $46.1m $49.8m $50.8m
Other real estate owned ("OREO") expense $5.8m $6.0m $3.4m $5.3m $5.7m $5.4m $2.1m $1.4m $576k $892k
Data processing expense $15.3m $21.0m $23.8m $22.2m $35.4m $31.4m $30.0m $29.4m $29.6m $32.6m
Mortgage loan servicing expense and impairment $271k $423k $9.4m $12.2m $7.1m $5.6m $2.7m $0
Bankcard processing expense $1.7m $1.8m $2.0m $1.9m $1.7m $1.7m $1.9m $2.2m $2.5m $2.3m
FDIC insurance expense $8.5m $7.1m $11.5m $8.1m $10.1m $8.3m $12.0m $30.4m $19.7m $17.0m
Dividends per common share $1 $1 $1 $1 $1 $1 $1 $1 $1 $1

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.