UBSI
Income statement / Annual
Last year (2023), United Bankshares, Inc.'s total revenue was $1.02 B,
a decrease of 0.74% from the previous year.
In 2023, United Bankshares, Inc.'s net income was $366.31 M.
See United Bankshares, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$1.02 B
|
$1.03 B
|
$1.01 B
|
$1.04 B
|
$732.14 M
|
$717.36 M
|
$680.64 M
|
$495.36 M
|
$457.75 M
|
$447.69 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.73 M |
$1.81 M |
$1.74 M |
$1.51 M |
$1.39 M |
| Gross Profit |
$1.02 B |
$1.03 B |
$1.01 B |
$1.04 B |
$732.14 M |
$712.62 M |
$678.83 M |
$493.62 M |
$456.25 M |
$446.30 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
0.99 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$309.55 M
|
$300.34 M
|
$373.63 M
|
$369.08 M
|
$240.01 M
|
$235.90 M
|
$229.46 M
|
$146.07 M
|
$138.44 M
|
$133.30 M
|
| Selling & Marketing
Expenses |
$84.51 M
|
$8.16 M
|
$5.78 M
|
$5.61 M
|
$5.08 M
|
$4.64 M
|
$4.52 M
|
$3.41 M
|
$4.11 M
|
$4.76 M
|
| Selling, General &
Administrative Expenses |
$394.06 M
|
$300.34 M
|
$373.63 M
|
$369.08 M
|
$240.01 M
|
$235.90 M
|
$229.46 M
|
$146.07 M
|
$138.44 M
|
$133.30 M
|
| Other Expenses |
$0.00 |
-$746.14 M |
-$919.36 M |
-$1.04 B |
-$643.98 M |
-$492.29 M |
-$578.00 M |
-$384.69 M |
-$354.37 M |
-$344.33 M |
| Operating Expenses |
$1.05 B |
-$445.80 M |
-$545.73 M |
-$673.12 M |
-$403.97 M |
-$256.39 M |
-$348.54 M |
-$238.62 M |
-$215.92 M |
-$211.03 M |
| Cost And Expenses |
$394.06 M |
-$445.80 M |
-$545.73 M |
-$673.12 M |
-$403.97 M |
-$256.39 M |
$1.81 M |
$1.74 M |
$1.51 M |
$1.39 M |
| Interest Income |
$1.40 B |
$1.01 B |
$795.12 M |
$802.27 M |
$766.30 M |
$717.72 M |
$623.81 M |
$470.34 M |
$423.63 M |
$418.54 M |
| Interest Expense |
$481.40 M |
$105.56 M |
$52.38 M |
$108.61 M |
$184.64 M |
$129.07 M |
$74.81 M |
$45.01 M |
$39.51 M |
$42.83 M |
| Depreciation &
Amortization |
$23.11 M
|
$23.75 M
|
$22.49 M
|
$20.32 M
|
$16.49 M
|
$18.40 M
|
$16.81 M
|
$11.97 M
|
$3.42 M
|
$4.02 M
|
| EBITDA |
$459.34 M
|
$448.49 M
|
$259.83 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$201.73 M
|
$196.46 M
|
| EBITDA Ratio |
0.45 |
0.57 |
0.46 |
0.36 |
0.46 |
0.61 |
0.5 |
0.52 |
0.53 |
0.53 |
| Operating Income Ratio
|
0.43
|
0.57
|
0.46
|
0.35
|
0.45
|
0.64
|
0.49
|
0.51
|
0.53
|
0.53
|
| Total Other
Income/Expenses Net |
$27.57 M
|
-$154.13 M
|
-$142.90 M
|
-$151.52 M
|
-$96.57 M
|
-$88.79 M
|
-$90.89 M
|
-$73.36 M
|
-$64.17 M
|
-$77.63 M
|
| Income Before Tax |
$463.81 M |
$480.25 M |
$462.85 M |
$363.63 M |
$328.17 M |
$327.17 M |
$284.83 M |
$222.66 M |
$203.49 M |
$194.89 M |
| Income Before Tax Ratio
|
0.45
|
0.47
|
0.46
|
0.35
|
0.45
|
0.46
|
0.42
|
0.45
|
0.44
|
0.44
|
| Income Tax Expense |
$97.49 M |
$100.62 M |
$95.12 M |
$74.61 M |
$68.08 M |
$70.82 M |
$134.25 M |
$75.58 M |
$65.53 M |
$65.00 M |
| Net Income |
$366.31 M |
$379.63 M |
$367.74 M |
$289.02 M |
$260.10 M |
$256.34 M |
$150.58 M |
$147.08 M |
$137.96 M |
$129.89 M |
| Net Income Ratio |
0.36 |
0.37 |
0.36 |
0.28 |
0.36 |
0.36 |
0.22 |
0.3 |
0.3 |
0.29 |
| EPS |
2.72 |
2.81 |
2.84 |
2.4 |
2.56 |
2.46 |
1.54 |
2 |
1.99 |
1.93 |
| EPS Diluted |
2.72 |
2.8 |
2.83 |
2.4 |
2.55 |
2.46 |
1.54 |
1.99 |
1.98 |
1.92 |
| Weighted Average Shares
Out |
$134.51 M
|
$134.78 M
|
$129.28 M
|
$120.02 M
|
$101.59 M
|
$104.02 M
|
$97.50 M
|
$73.53 M
|
$69.33 M
|
$67.40 M
|
| Weighted Average Shares
Out Diluted |
$134.75 M
|
$135.12 M
|
$129.51 M
|
$120.09 M
|
$101.85 M
|
$104.30 M
|
$97.89 M
|
$73.89 M
|
$69.63 M
|
$67.65 M
|
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