Earnings Summary

United Bankshares Inc’s revenue jumped 2.24% since last year same period to $262.95Mn in the Q2 2023. On a quarterly growth basis, United Bankshares Inc has generated 0.12% jump in its revenue since last 3-months.

United Bankshares Inc’s net profit fell -3.3% since last year same period to $92.46Mn in the Q2 2023. On a quarterly growth basis, United Bankshares Inc has generated -5.95% fall in its net profits since last 3-months.

United Bankshares Inc’s net profit margin fell -5.42% since last year same period to 35.16% in the Q2 2023. On a quarterly growth basis, United Bankshares Inc has generated -6.06% fall in its net profit margins since last 3-months.

United Bankshares Inc’s earning per share (EPS) estimates for the current quarter stand at 0.79 - a 19.7% jump from last quarter’s estimates.

United Bankshares Inc’s earning per share (EPS) estimates for the current year stand at 0.79.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. United Bankshares Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. United Bankshares Inc’s return on equity (ROE) stands at 0.09.

United Bankshares Inc declared 0.36 dividend per share during the earnings announcement for Q1 2023.