UBSI

United BanksharesNasdaqGS:UBSI Stock Report

Market Cap

US$4.3b

7D

-1.3%

1Y

39.5%

Updated

18 Sep, 2021

Data

Company Financials +
UBSI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends6/6

UBSI Overview

United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States.

United Bankshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United Bankshares
Historical stock prices
Current Share PriceUS$33.05
52 Week HighUS$20.57
52 Week LowUS$42.50
Beta1.38
1 Month Change-5.81%
3 Month Change-9.10%
1 Year Change39.45%
3 Year Change-13.14%
5 Year Change-12.38%
Change since IPO398.87%

Recent News & Updates

Aug 18

United Bankshares: High Dividend Yield With Secure Dividends Thanks To M&A Support

The upcoming acquisition of Community Bankers Trust will boost the loan portfolio by around 7%. The provision expense will likely remain subdued as the existing allowance level appears high relative to actual loan losses. United Bankshares is offering a high dividend yield of 3.9%. The dividend appears secure. The year-end target price suggests a high upside from the current market price.

Jul 05
With EPS Growth And More, United Bankshares (NASDAQ:UBSI) Is Interesting

With EPS Growth And More, United Bankshares (NASDAQ:UBSI) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

UBSIUS BanksUS Market
7D-1.3%0.9%-0.6%
1Y39.5%63.3%33.8%

Return vs Industry: UBSI underperformed the US Banks industry which returned 63.3% over the past year.

Return vs Market: UBSI exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is UBSI's price volatile compared to industry and market?
UBSI volatility
UBSI Beta1.38
Industry Beta1.37
Market Beta1

Stable Share Price: UBSI is not significantly more volatile than the rest 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.

About the Company

FoundedEmployeesCEOWebsite
19823,051Richard Adamshttps://www.ubsi-inc.com

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.

Valuation

Is United Bankshares undervalued compared to its fair value and its price relative to the market?

32.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UBSI ($33.05) is trading below our estimate of fair value ($48.88)

Significantly Below Fair Value: UBSI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UBSI's PE Ratio (10.7x) is in line with the US Banks industry average.

PE vs Market: UBSI is good value based on its PE Ratio (10.7x) compared to the US market (17.8x).


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 is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.1x).


Future Growth

How is United Bankshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-2.9%

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 (-2.9% per year).

Earnings vs Market: UBSI's earnings are forecast to decline over the next 3 years (-2.9% 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 (-0.8% per year).

High Growth Revenue: UBSI's revenue is forecast to decline over the next 3 years (-0.8% 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 (6.9%).


Past Performance

How has United Bankshares performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UBSI has high quality earnings.

Growing Profit Margin: UBSI's current net profit margins (35.6%) are higher than last year (31%).


Past Earnings Growth Analysis

Earnings Trend: UBSI's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: UBSI's earnings growth over the past year (79.1%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: UBSI earnings growth over the past year (79.1%) exceeded the Banks industry 36%.


Return on Equity

High ROE: UBSI's Return on Equity (9.1%) 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 (212%).

Low Risk Liabilities: 95% 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 (61%).

Low Risk Deposits: UBSI's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: UBSI has an appropriate level of bad loans (0.6%).


Dividend

What is United Bankshares's current dividend yield, its reliability and sustainability?

4.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UBSI's dividend (4.24%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: UBSI's dividend (4.24%) is in the top 25% of dividend payers in the US market (3.6%)


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 reasonably low payout ratio (45.5%), UBSI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UBSI's dividends in 3 years are forecast to be covered by earnings (57.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Richard Adams (74 yo)

37.67yrs

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 ($USD4.30M) is about average for companies of similar size in the US market ($USD5.27M).

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 (6.7 years average tenure).


Board Members

Experienced Board: UBSI's board of directors are seasoned and experienced ( 10.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 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$4.257b
  • Shares outstanding: 128.81m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.