| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.05 |
| 52 Week High | US$20.57 |
| 52 Week Low | US$42.50 |
| Beta | 1.38 |
| 1 Month Change | -5.81% |
| 3 Month Change | -9.10% |
| 1 Year Change | 39.45% |
| 3 Year Change | -13.14% |
| 5 Year Change | -12.38% |
| Change since IPO | 398.87% |
Recent News & Updates
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.
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
| UBSI | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.3% | 0.9% | -0.6% |
| 1Y | 39.5% | 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
| UBSI volatility | |
|---|---|
| UBSI Beta | 1.38 |
| Industry Beta | 1.37 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 3,051 | Richard Adams | https://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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| 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.