United Bankshares
Market Cap
US$5.2b
Last Updated
2021/05/06 23:21 UTC
Data Sources
Company Financials +
Executive Summary
United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 10% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet 6 star dividend payer.
Similar Companies
Share Price & News
How has United Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UBSI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: UBSI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
UBSI
2.4%
US Banks
-1.7%
US Market
1 Year Return
54.9%
UBSI
82.9%
US Banks
51.8%
US Market
Return vs Industry: UBSI underperformed the US Banks industry which returned 83.3% over the past year.
Return vs Market: UBSI exceeded the US Market which returned 52.8% over the past year.
Shareholder returns
| UBSI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 2.4% | -1.7% |
| 30 Day | 5.2% | 6.5% | 1.5% |
| 90 Day | 18.2% | 22.6% | 3.1% |
| 1 Year | 62.2%54.9% | 88.8%82.9% | 54.4%51.8% |
| 3 Year | 31.6%16.1% | 28.3%17.4% | 63.0%52.8% |
| 5 Year | 30.1%7.1% | 115.1%88.1% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is United Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Does United Bankshares' (NASDAQ:UBSI) Share Price Gain of 61% Match Its Business Performance?1 month ago | Simply Wall St
Have Insiders Sold United Bankshares, Inc. (NASDAQ:UBSI) Shares Recently?2 months ago | Simply Wall St
Is It Worth Considering United Bankshares, Inc. (NASDAQ:UBSI) For Its Upcoming Dividend?Valuation
Is United Bankshares undervalued compared to its fair value and its price relative to the market?
23.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UBSI ($40.62) is trading below our estimate of fair value ($52.76)
Significantly Below Fair Value: UBSI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UBSI is poor value based on its PE Ratio (14.5x) compared to the US Banks industry average (12.1x).
PE vs Market: UBSI is good value based on its PE Ratio (14.5x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: UBSI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: UBSI's PB Ratio (1.2x) is in line with the US Banks industry average.
Future Growth
How is United Bankshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UBSI's earnings are forecast to decline over the next 3 years (-10% per year).
Earnings vs Market: UBSI's earnings are forecast to decline over the next 3 years (-10% per year).
High Growth Earnings: UBSI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: UBSI's revenue is expected to decline over the next 3 years (-5.8% per year).
High Growth Revenue: UBSI's revenue is forecast to decline over the next 3 years (-5.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UBSI's Return on Equity is forecast to be low in 3 years time (7.5%).
Past Performance
How has United Bankshares performed over the past 5 years?
17.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UBSI has high quality earnings.
Growing Profit Margin: UBSI's current net profit margins (33.3%) are lower than last year (34.5%).
Past Earnings Growth Analysis
Earnings Trend: UBSI's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: UBSI's earnings growth over the past year (50.4%) exceeds its 5-year average (17.1% per year).
Earnings vs Industry: UBSI earnings growth over the past year (50.4%) exceeded the Banks industry 17.2%.
Return on Equity
High ROE: UBSI's Return on Equity (8.2%) is considered low.
Financial Health
How is United Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UBSI's Assets to Equity ratio (6.2x) is low.
Allowance for Bad Loans: UBSI has a sufficient allowance for bad loans (199%).
Low Risk Liabilities: 94% of UBSI's liabilities are made up of primarily low risk sources of funding.
Loan Level: UBSI has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: UBSI's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: UBSI has an appropriate level of bad loans (0.7%).
Dividend
What is United Bankshares's current dividend yield, its reliability and sustainability?
3.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UBSI's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: UBSI's dividend (3.45%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: UBSI's dividends per share have been stable in the past 10 years.
Growing Dividend: UBSI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50%), UBSI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UBSI's dividends in 3 years are forecast to be covered by earnings (61.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Richard Adams (73 yo)
37.33yrs
Tenure
US$4,297,546
Compensation
Mr. Richard M. Adams, Sr. serves as Chairman of the Board and Chief Executive Officer of United Bankshares, Inc. since 1984 and has been its Director since January 1, 1984. Mr. Adams also serves as Chairma...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD4.30M) is below average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: UBSI's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: UBSI's board of directors are considered experienced (9.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UBSI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
United Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: United Bankshares, Inc.
- Ticker: UBSI
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$5.225b
- Shares outstanding: 129.18m
- Website: https://www.ubsi-inc.com
Number of Employees
Location
- United Bankshares, Inc.
- 300 United Center
- 500 Virginia Street, East
- Charleston
- West Virginia
- 25301
- United States
Listings
Biography
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 Mo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/06 23:21 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.