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United Bankshares, Inc. (UBSI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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38.00+1.60 (+4.40%)
At close: 04:00PM EDT
38.00 0.00 (0.00%)
After hours: 04:15PM EDT
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United Bankshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees2,988

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard M. Adams Sr.Exec. Chairman2.83M349.8k1947
Mr. Richard Matthew Adams Jr., M.D.CEO & Director1.18M116.6k1968
Mr. James J. Consagra Jr., CPAPres1.19M116.6k1961
Mr. W. Mark TattersonExec. VP, CFO & Treasurer981.33k49.55k1975
Mr. Jerold L. Rexroad CPA, CPAExec. VP & Director1MN/A1960
Mr. Matthew Lee HumphreyHead of Wealth & Investment ManagementN/AN/AN/A
Mr. Darren K. WilliamsExec. VP and Chief Information & Risk OfficerN/AN/A1972
Ross M. DraberChief Admin. OfficerN/AN/AN/A
Mr. Douglas Bryon ErnestExec. VP & Chief Credit OfficerN/AN/A1964
Charles J. MildrenChief Consumer Banking OfficerN/AN/AN/A
Amounts are as of December 31, 2021 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., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of December 31, 2021, the company operated 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and 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 October 1, 2022 is 1. The pillar scores are Audit: 2; 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.
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