United Bankshares Management
Management criteria checks 3/4
United Bankshares' CEO is Rick Adams, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is $4.40M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $6.05M. The average tenure of the management team and the board of directors is 3 years and 12.2 years respectively.
Key information
Rick Adams
Chief executive officer
US$4.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3yrs |
| Board average tenure | 12.2yrs |
Recent management updates
Recent updates
United Bankshares (NASDAQ:UBSI) Has Affirmed Its Dividend Of $0.37
Nov 30
United Bankshares (NASDAQ:UBSI) Has Affirmed Its Dividend Of $0.37
Nov 14United Bankshares, Inc. (NASDAQ:UBSI) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 26United Bankshares: High-Quality Income Name
Sep 18United Bankshares, Inc. Just Recorded A 10% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 28United Bankshares: Expansion To Atlanta Looks Promising For This Dividend King
Jun 15United Bankshares: Holding The Course
Mar 31United Bankshares: Solid Dividend Payer To Own
Sep 14United Bankshares declares $0.36 dividend
Aug 29United Bankshares GAAP EPS of $0.71 beats by $0.09, revenue of $258.51M beats by $9.49M
Jul 28United Bankshares: Normalization Of Provisioning And Mortgage Income To Undermine Top-Line Growth
Jul 14United Bankshares: Asymmetric Risk-Reward With Increased Dividends
Mar 12United Bankshares: Mortgage Banking Normalization To Counter Acquisition Benefits
Nov 02United Bankshares: High Dividend Yield With Secure Dividends Thanks To M&A Support
Aug 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$357m |
| Jun 30 2024 | n/a | n/a | US$358m |
| Mar 31 2024 | n/a | n/a | US$354m |
| Dec 31 2023 | US$4m | US$979k | US$365m |
| Sep 30 2023 | n/a | n/a | US$386m |
| Jun 30 2023 | n/a | n/a | US$392m |
| Mar 31 2023 | n/a | n/a | US$395m |
| Dec 31 2022 | US$3m | US$834k | US$379m |
| Sep 30 2022 | n/a | n/a | US$353m |
| Jun 30 2022 | n/a | n/a | US$342m |
| Mar 31 2022 | n/a | n/a | US$342m |
| Dec 31 2021 | US$2m | US$665k | US$367m |
| Sep 30 2021 | n/a | n/a | US$385m |
| Jun 30 2021 | n/a | n/a | US$397m |
| Mar 31 2021 | n/a | n/a | US$355m |
| Dec 31 2020 | US$2m | US$595k | US$288m |
| Sep 30 2020 | n/a | n/a | US$259m |
| Jun 30 2020 | n/a | n/a | US$222m |
| Mar 31 2020 | n/a | n/a | US$236m |
| Dec 31 2019 | US$2m | US$512k | US$260m |
| Sep 30 2019 | n/a | n/a | US$260m |
| Jun 30 2019 | n/a | n/a | US$259m |
| Mar 31 2019 | n/a | n/a | US$258m |
| Dec 31 2018 | US$1m | US$492k | US$256m |
| Sep 30 2018 | n/a | n/a | US$210m |
| Jun 30 2018 | n/a | n/a | US$202m |
| Mar 31 2018 | n/a | n/a | US$173m |
| Dec 31 2017 | US$1m | US$455k | US$150m |
Compensation vs Market: Rick's total compensation ($USD4.40M) is below average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Adams (56 yo)
2.7yrs
Tenure
US$4,399,095
Compensation
Mr. Richard Matthew Adams, Jr. also known as Rick, is Chairman of the Board of United Brokerage Services, Inc. He is Chief Executive Officer of United Bankshares, Inc. and Vice-Chairman of United Bank. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 40.9yrs | US$4.04m | 0.70% $ 35.7m | |
| CEO & Director | 2.7yrs | US$4.40m | 0.12% $ 6.1m | |
| President | no data | US$3.54m | 0.067% $ 3.4m | |
| Executive VP | 9.9yrs | US$2.29m | 0.062% $ 3.2m | |
| Executive VP and Chief Information & Risk Officer | 4.3yrs | US$1.29m | 0.0048% $ 245.6k | |
| President & Executive VP | no data | no data | 0.028% $ 1.4m | |
| Executive VP & COO | 1.8yrs | no data | 0.018% $ 910.4k | |
| Executive VP and Head of Wealth & Investment Management | no data | no data | 0.025% $ 1.3m | |
| Executive VP | no data | no data | 0.016% $ 806.9k | |
| Executive VP & Chief Credit Officer | 9.9yrs | no data | 0.028% $ 1.5m | |
| Executive VP & Chief Consumer Banking Officer | no data | no data | 0.018% $ 938.1k | |
| Regional President | 3yrs | no data | no data |
3.0yrs
Average Tenure
54.5yo
Average Age
Experienced Management: UBSI's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 40.9yrs | US$4.04m | 0.70% $ 35.7m | |
| CEO & Director | 2.7yrs | US$4.40m | 0.12% $ 6.1m | |
| Lead Independent Director | 28.9yrs | US$170.50k | 0.34% $ 17.3m | |
| Independent Director | 21.9yrs | US$149.25k | 0.059% $ 3.0m | |
| Independent Director | 10.9yrs | US$237.50k | 0.32% $ 16.5m | |
| Independent Director | 16.3yrs | US$157.00k | 0.032% $ 1.6m | |
| Independent Director | 20.9yrs | US$135.50k | 0.016% $ 824.3k | |
| Independent Director | 13.4yrs | US$163.75k | 0.050% $ 2.6m | |
| Independent Director | 6.1yrs | US$108.25k | 0.011% $ 561.3k | |
| Vice Chairman of the Board | 8.5yrs | US$686.55k | 0.16% $ 8.1m | |
| Independent Director | 4.2yrs | US$116.25k | 0.033% $ 1.7m | |
| Independent Director | 3.6yrs | US$121.50k | 0.0079% $ 405.5k |
12.2yrs
Average Tenure
71yo
Average Age
Experienced Board: UBSI's board of directors are seasoned and experienced ( 12.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United Bankshares, Inc. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Schultheis | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |