SequelSEC

UNITED BANKSHARES INC/WV UBSI

State Commercial Banks · CIK 0000729986 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2022-12-31
Net income
$99.76M
Fiscal year ended 2022-12-31
Total assets
$29.49B
Fiscal year ended 2022-12-31

Valuation, from the filing

Public float$5.00BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$35.83Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today.

Valuation over time

11.9× earnings today, against a median of 12.3× across 5 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2022-06-30$4.52B11.9×
2021-06-30$4.52B12.3×
2020-06-30$3.43B11.9×
2019-06-30$3.58B13.8×
2018-06-30$3.62B14.1×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the State Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Revenue YoY growth-5.7%9th
Effective tax rate20.2%38th

UNITED BANKSHARES INC/WV (UBSI) reported net income of $99.76M for the fiscal year ended 2022-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from UNITED BANKSHARES INC/WV’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

UNITED BANKSHARES INC/WV income by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$99.76M$73.85M$92.37M$63.28M$63.95M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 134.80Mshares 131.30Mshares 129.48Mshares 101.54Mshares 103.16M
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expense$26.61M$19.49M$20.83M$12.47M$15.76M
Diluted EPS$0.74$0.56$0.71$0.62$0.62
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

UNITED BANKSHARES INC/WV balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$29.49B$29.33B$26.18B$19.66B$19.25B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$24.97B$24.61B$21.89B$16.30B$16.00B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$4.52B$4.72B$4.30B$3.36B$3.25B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$1.89B$1.89B$1.80B$1.48B$1.48B
Long-term debt$2.20B$817.39M$864.37M$1.84B$1.50B
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

UNITED BANKSHARES INC/WV cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-31
Operating cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Financing cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

UNITED BANKSHARES INC/WV derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open UBSI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing

Companies in the same industry

ABCB ACNB ALLY AMAL ASB AUB AUBN AVBH BAFN BANR BCML BFST

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.