|Bid||29.00 x 1800|
|Ask||33.00 x 1200|
|Day's Range||31.39 - 32.66|
|52 Week Range||19.67 - 40.70|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||12.57|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||1.40 (4.67%)|
|Ex-Dividend Date||Jun 11, 2020|
|1y Target Est||30.67|
United Bankshares, Inc. ("United") (NASDAQ: UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.35 per share for shareholders of record as of June 12, 2020. The dividend is payable July 1, 2020.
United Bankshares, Inc. ("United") (NASDAQ: UBSI), a $25 billion regional financial services company, virtually held its Annual Meeting of Shareholders on May 12, 2020.
Even if it's not a huge purchase, we think it was good to see that Gary White, the Independent Director of United...
United Bankshares (NASDAQ:UBSI) shareholders are no doubt pleased to see that the share price has bounced 33% in the...
United Bankshares, Inc. ("United") (NASDAQ: UBSI), the parent company of United Bank ("United Bank"), announced the completion of its acquisition of Carolina Financial Corporation ("Carolina Financial") (NASDAQ: CARO), the parent company of CresCom Bank ("CresCom") with $4.8 billion in assets, headquartered in Charleston, South Carolina. United now has $25 billion in assets, with 230 offices in West Virginia, Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, and the nation’s capital.
United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today announced its earnings for the first quarter of 2020 and that it has exceeded $20 billion in total assets. Earnings for the first quarter of 2020 were $40.2 million as compared to earnings of $63.6 million for the first quarter of 2019. The lower amount of net income was driven primarily by a higher provision for loan losses resulting from an adverse future macroeconomic forecast as a result of the coronavirus ("COVID-19") pandemic under the new Current Expected Credit Loss ("CECL") accounting standard. This was an industry-wide issue that affected bank earnings nationwide. Diluted earnings per share were $0.40 for the first quarter of 2020 and $0.62 for the first quarter of 2019.
The 9:30 Club and a handful of other music venues in Greater Washington have formed a new national group of independent performance halls and music promoters with plans to lobby Congress and the White House for federal assistance in the face of the coronavirus crisis. More than 450 venues across the U.S. are banding together under the new group called the National Independent Venue Association to present one voice to lawmakers. “Our first order of business is to push to secure federal funding to preserve the ecosystem of live music venues and touring artists,” said Dayna Frank, owner of First Avenue in Minneapolis — the venue made famous by Prince’s “Purple Rain” — and a NIVA board member.
The race to apply — and hopefully get approved — for the Small Business Administration's $349 billion Paycheck Protection Program continues. While some are reporting thy have been approved for the relief program, other small businesses are scrambling to find a bank that will accept their applications. Many banks require customers have an existing account or business relationship to apply, while others, such as McLean-based Capital One Financial Corp. (NYSE: COF), still haven't begun accepting applications.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
United Bankshares, Inc. (NASDAQ: UBSI) ("United") announced today that, due to the emerging public health impact of the coronavirus (COVID-19) pandemic, the location of United’s special meeting of stockholders to be held on Thursday, April 2, 2020 at 10:00 a.m. Eastern Time (the "Special Meeting") has been changed and will be held in a virtual meeting format only. The purpose of the Special Meeting is to consider and vote on certain proposals relating to the previously announced Agreement and Plan of Merger, dated as of November 17, 2019, by and between United and Carolina Financial Corporation ("Carolina Financial"), pursuant to which Carolina Financial will be merged with and into United (the "Merger"), with United surviving the Merger.
To the annoyance of some shareholders, United Bankshares (NASDAQ:UBSI) shares are down a considerable 33% in the last...
United Bankshares, Inc. (NASDAQ:UBSI) stock is about to trade ex-dividend in 2 days time. Investors can purchase...
CHARLESTON, S.C., Jan. 31, 2020 -- Carolina Financial Corporation (the “Company”) (NASDAQ: CARO) today announced financial results for the fourth quarter of 2019..
United Bankshares (UBSI) delivered earnings and revenue surprises of 0.00% and 1.46%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
United Bankshares (UBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Many investors define successful investing as beating the market average over the long term. But its virtually certain...
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...
NEW YORK, Nov. 21, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased United Bankshares, Inc. (“United” or.