United Bankshares(NASDAQ) UBSI

United Bankshares helps people and businesses manage their money through local bank branches. It provides everyday banking tools like checking accounts, savings plans, and various loans. These services assist customers with buying homes, starting businesses, and planning for their futures.

The Banking Menu

• Community Banking: Offers personal and business deposits, including checking and savings accounts, along with wealth management and brokerage services.
• Commercial Lending: Provides loans for equipment, inventory, and business operations to industrial and commercial companies.
• Real Estate Loans: Issues mortgages for residential homes and commercial properties, including construction and land development projects.
• Consumer Finance: Supplies loans for vehicles, personal property, and credit card services to individual customers.
• Mortgage Banking: Originates residential real estate loans for resale in the secondary market.

Growth and Expansion

• Consummated the acquisition of Piedmont Bancorp, Inc. on January 10, 2025, gaining 16 locations and entry into the Atlanta, Georgia market.
• Completed the purchase of Community Bankers Trust Corporation on December 3, 2021, which added assets in Virginia and Maryland.
• Acquired Carolina Financial Corporation on May 1, 2020, expanding the bank's footprint into North and South Carolina.
• Consolidated the mortgage businesses of George Mason Mortgage, LLC and Crescent Mortgage Company into the primary bank during Q1 2024.

Regional Strength and Operations

The company operates a network of 250 offices across eight states and Washington, D.C., focusing on the Mid-Atlantic and Southeast regions. It maintains a competitive position by offering digital banking tools alongside traditional trust and asset management services.

Financial Performance

• Revenue grew to $461 million in Q4 2025, up 14% from Q4 2024.
• Net income reached $128.8 million in Q4 2025, representing a 36.5% increase year-over-year.
• The loan and lease portfolio increased by $3 billion or 14% during 2025, primarily due to the Piedmont acquisition.
• Operating income rose to $166.7 million in Q4 2025, up 37.7% compared to the previous year.
• Total consolidated assets approximated $33.7 billion as of December 31, 2025.

Bottom Line

United Bankshares has transformed from a local West Virginia institution into a multi-state financial holding company through a consistent strategy of regional bank acquisitions. This expansion has diversified its loan portfolio and broadened its reach into high-growth markets across the eastern United States.