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United Bankshares, Inc. (UBSI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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25.59+0.48 (+1.91%)
At close: 4:00PM EDT

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After hours: 4:17PM EDT

United Bankshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees3,137

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard M. Adams Sr.Chairman & CEO2.27MN/A1947
Mr. Richard Matthew Adams Jr., M.D.Pres909.67k333.2k1968
Mr. W. Mark TattersonExec. VP, CFO & Treasurer694.88k124.95k1975
Mr. James J. Consagra Jr., CPAExec. VP & COO852.86k333.2k1961
Mr. Darren K. WilliamsExec. VP & Chief Risk OfficerN/AN/A1972
Mr. Douglas Bryon ErnestExec. VP & Chief Credit OfficerN/AN/A1964
Mr. Jerold L. Rexroad CPA, CPAExec. VP & DirectorN/AN/A1960
Amounts are as of December 31, 2019 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, and interest-bearing checking 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 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. The company operates 138 full service offices, which consists of 51 offices in West Virginia; 82 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 October 31, 2019 is 3. The pillar scores are Audit: 2; Board: 7; 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.