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Stock impact report

United Bankshares, Inc. Completes Its Acquisition of Cardinal Financial Corporation

United Bankshares, Inc. (UBSI) 
Last united bankshares, inc. earnings: 4/30 07:50 am Check Earnings Report
Company Research Source: Business Wire
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)-- United Bankshares, Inc. (“United”) (NASDAQ: UBSI) announced the completion of its acquisition of Cardinal Financial Corporation (“Cardinal”), a financial services holding company, with $4.3 billion in assets, headquartered in Tysons Corner, Virginia. This transaction marks the 31st acquisition United has completed under the current administration and the tenth acquisition in the D.C. Metro region. Today, United Bank, United’s Virginia chartered bank, added 22 newly acquired banking locations to its Greater Washington footprint. United Bank is the largest locally headquartered community bank and holds the #1 deposit market share among community banks in the Washington, D.C. MSA. In addition, United welcomed George Mason Mortgage, LLC, the largest locally headquartered home mortgage lender in the D.C. Metro region, to its family of companies. “ Show less Read more
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