United Bankshares, Inc. Announces Earnings for the First Quarter of 2024 [Yahoo! Finance]
United Bankshares, Inc. (UBSI)
Last united bankshares, inc. earnings: 4/30 07:50 am
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US:NASDAQ Investor Relations:
irsolutions.snl.com/corporateprofile.aspx?iid=100469
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Source: Yahoo! Finance
the first quarter of 2024 of $86.8 million, or $0.64 per diluted share. First quarter of 2024 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.19%, 7.25% and 11.98%, respectively. The first quarter of 2024 included $1.8 million of noninterest expense for the Federal Deposit Insurance Corporation's ("FDIC") special assessment levied on banking organizations stemming from the FDIC's revised loss estimates to the Deposit Insurance Fund. "UBSI delivered solid performance in the first quarter of 2024," stated Richard M. Adams, Jr., United's Chief Executive Officer. "While the headwinds in the current economic environment persist and continue to create challenges, UBSI's operating metrics remain strong and we are well-positioned for success going forward." Earnings for the fourth quarter of 2023 were $79.4 million, or $0.59 per diluted share, and annualized returns on average assets, average equity and average ta
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UBSI
News
- United Bankshares, Inc. (NASDAQ: UBSI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $40.00 to $38.00. They now have a "market perform" rating on the stock.MarketBeat
- United Bankshares, Inc. (NASDAQ: UBSI) had its price target lowered by analysts at Stephens from $36.00 to $34.00. They now have an "equal weight" rating on the stock.MarketBeat
- Here's What Key Metrics Tell Us About United Bankshares (UBSI) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- United Bankshares (UBSI) Q1 Earnings and Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
- United Bankshares, Inc. Announces Earnings for the First Quarter of 2024Business Wire
UBSI
Earnings
- 4/25/24 - Miss
UBSI
Analyst Actions
- 4/26/24 - Stephens & Co.
UBSI
Sec Filings
- 4/25/24 - Form 8-K
- 4/5/24 - Form 4
- 4/2/24 - Form ARS
- UBSI's page on the SEC website