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United Bankshares, Inc. (UBSI)


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United Bankshares, Inc.

300 United Center
500 Virginia Street, East
Charleston, WV 25301
United States
304-424-8716
http://www.ubsi-inc.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees1,701

Key Executives

NameTitlePayExercisedAge
Mr. Richard M. AdamsChairman, CEO, Chairman of United Bank (WV) and CEO of United Bank (WV)1.8MN/A70
Mr. Richard M. Adams Jr.Pres and Pres of United Bank (WV)676.89kN/A49
Mr. W. Mark TattersonCFO, EVP, Treasurer, Sec., CFO of United Bank (WV) and SVP of United Bank (WV)506.83kN/A42
Mr. James J. Consagra Jr.COO, Exec. VP, CEO of United Bank (VA) and Pres of United Bank (VA)659.39kN/A56
Mr. Craige L. SmithChief Admin. & Information Officer, EVP and Exec. Vice-Pres of United Bank (VA)436.11kN/A65
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

United Bankshares, Inc. operates as the bank holding company for United Bank (WV) and United Bank (VA) that provide commercial and retail banking services and products primarily in the United States. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. It also offers personal, commercial, floor plan, and student loans; construction and real estate loans; and consumer loans, including credit card and home equity loans. In addition, the company provides safe deposit boxes, wire transfers, and other banking products and services; investment and security, and trust services; services to correspondent banks, including check clearing, safekeeping, and buying and selling federal funds; automated teller machines; and Internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, and brokerage services. The company operates 128 full service offices, which consists of 50 offices in West Virginia; 73 offices in the Shenandoah Valley region of Virginia and the Northern Virginia, Maryland, and Washington, D.C. metropolitan areas; 4 offices in southwestern Pennsylvania; and 1 office in southeastern Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

Corporate Governance

United Bankshares, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 1. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.