S&P 500
3,301.98+7.37(+0.22%)Nasdaq
10,915.33+12.53(+0.11%)Russell 2000
1,508.31+1.51(+0.10%)
United Bankshares, Inc. (UBSI)
Chart Events
Performance Outlook
| Previous Close | 26.64 |
| Open | 26.61 |
| Bid | 26.29 x 800 |
| Ask | 26.34 x 1100 |
| Day's Range | 26.12 - 26.61 |
| 52 Week Range | 19.67 - 40.70 |
| Volume | 62,295 |
| Avg. Volume | 673,193 |
| Market Cap | 3.461B |
| Beta (5Y Monthly) | 1.44 |
| PE Ratio (TTM) | 12.60 |
| EPS (TTM) | 2.09 |
| Earnings Date | Oct 22, 2020 - Oct 26, 2020 |
| Forward Dividend & Yield | 1.40 (5.32%) |
| Ex-Dividend Date | Jun 11, 2020 |
| 1y Target Est | 30.75 |
- Zacks
United Bankshares (UBSI) Tops Q2 Earnings and Revenue Estimates
United Bankshares (UBSI) delivered earnings and revenue surprises of 2.33% and 16.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- Simply Wall St.
Do Institutions Own United Bankshares, Inc. (NASDAQ:UBSI) Shares?
The big shareholder groups in United Bankshares, Inc. (NASDAQ:UBSI) have power over the company. Generally speaking...
- Business Wire
United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2020
United Bankshares, Inc. (NASDAQ: UBSI) ("United"), today reported earnings for the second quarter and the first half of 2020. Earnings for the second quarter of 2020 were $52.7 million as compared to earnings of $67.2 million for the second quarter of 2019. Earnings for the first half of 2020 were $92.9 million as compared to earnings of $130.8 million for the first half of 2019. The lower amount of net income in 2020 was driven primarily by significant merger-related expenses from the Carolina Financial Corporation ("Carolina Financial") acquisition and 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. The higher amount of provision expense resulting from COVID-19 is an industry-wide issue affecting bank earnings nationwide. Diluted earnings per share were $0.44 and $0.84 for the second quarter and first half of 2020, respectively, as compared to diluted earnings per share of $0.66 and $1.28 for the second quarter and first half of 2019, respectively.
