UNITED BANKSHARES INC/WV
Close on Oct 19, 2026
- Market cap
- $6.41B
- P/E (TTM)
- 12.6
- Dividend yield
- 3.22%
About United Bankshares
State Commercial Banks, SIC 6022
United Bankshares, Inc. operates as a financial services company focused on community banking products and services for retail and business clients. Through its community banking segment, the institution delivers a broad array of loan offerings, including commercial real estate financing, construction loans, residential mortgages, bank card credit, and general consumer financing. In addition to lending solutions, the company supplies deposit accounts, core deposit facilities, standby and commercial letters of credit, and interest rate derivative agreements to support the financial requirements of individual, commercial, and institutional customers.
The organization conducts its business through regional banking operations, operating automated teller machines along with physical banking facilities, offices, land, and leasehold properties. The company generates substantial operational and taxable business presence across states including West Virginia and Maryland. Corporate activities and entity registration are linked to West Virginia, where it maintains substantial state tax and organizational footprints.
Summary of the business section of United Bankshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- UNITED BANKSHARES INC/WV
- Founded
- 1982
- Headquarters
- Charleston, WV
- Address
- 300 United Ctr, 500 Virginia St E 25301
- Phone
- (304) 424-8800
- Website
- www.bankwithunited.com
- Employees
- 2,635, Dec 31, 2023
- Industry
- State Commercial Banks
- Incorporated in
- WV
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Charleston, WV, USA
Stock & identifiers
- Ticker
- UBSI
- Exchange
- Nasdaq
- IPO date
- Jun 4, 1987
- Shares outstanding
- 136M, Jul 31, 2026
- Public float
- $5.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 30, 1998; 2-for-1, Feb 16, 1988
- SEC CIK
- 729986
- CUSIP
- 909907107
- ISIN
- US9099071071
- LEI
- 5299005O3BAMJ9Z92V62
- EIN
- 55-0641179
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Richard M. Adams Jr | Chief Executive Officer, Director | 221,700 |
| Richard M. Adams Sr | Executive Chairman, Director | 995,532 |
| Charles J. Mildren | Executive Vice President | 28,694 |
| Ross M. Draber | Executive Vice President | 34,427 |
| Ami L. Shaver | Executive Vice President | 24,824 |
| Henry M. Kayes Jr | EVP | 41,719 |
| William Mark Tatterson | Executive Vice President | 108,911 |
| Anna J. Schultheis | Executive Vice President | 26,078 |
| Julie R. Gurtis | Executive Vice President | 44,700 |
| Darren K. Williams | Executive Vice-President | 53,401 |
| James J. Consagra Jr | Chief Operating Officer | 168,145 |
| Michael Proctor | Executive Vice President | 15,934 |
| Matthew L. Humphrey | Executive Vice President | 41,840 |
| Douglas Bryan Ernest | Executive Vice-President | 59,897 |
| Mark R. Nesselroad | Director | 67,203 |
| P. Clinton Winter | Director | 496,458 |
| J. Paul McNamara | Director | 81,283 |
| Gary G. White | Director | 48,853 |
| Sara DuMond | Director | 6,642 |
| Mary K. Weddle | Director | 25,183 |
| Peter A. Converse | Director | 438,261 |
| Albert H. Small Jr | Director | 18,607 |
| Patrice A. Harris | Director | 14,307 |
| Charles L. Capito JR | Director | 14,228 |
| Lacy I. Rice III | Director | 38,682 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Richard M.Adams Jr. | $6.14M | $7.02M | $3.61M | $145 | $149 |
| FY2024 Richard M.Adams Jr. | $5.54M | $4.60M | $3.27M | $136 | $139 |
| FY2023 Richard M.Adams Jr. | $4.40M | $3.72M | $2.79M | $131 | $116 |
| FY2022 Richard M.Adams | $4.18M | $5.15M | $1.73M | $135 | $120 |
| FY2022 Richard M.Adams Jr. | $2.66M | $3.03M | $1.73M | $135 | $120 |
| FY2022 Richard MAdams | $4.18M | $5.15M | $1.73M | $135 | $120 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2023, United and its subsidiaries had 2,635 employees and officers.”
Corporate history
Events identified from SEC filings