United Bankshares Expands Into Atlanta With Piedmont Bancorp Acquisition, Eyes $267M Deal [Yahoo! Finance]
United Bankshares, Inc. (UBSI)
Last united bankshares, inc. earnings: 4/30 07:50 am
Check Earnings Report
US:NASDAQ Investor Relations:
irsolutions.snl.com/corporateprofile.aspx?iid=100469
Company Research
Source: Yahoo! Finance
The exchange ratio will be fixed at 0.300 of United's shares for each share of Piedmont, resulting in an aggregate transaction value of approximately $267 million. The merger will strengthen United's position in the Mid-Atlantic and Southeast. “The greater Atlanta area is the perfect addition to UBSI's footprint, and we look forward to being a part of the vibrant and fast-growing communities there,” said Richard M. Adams Jr. , CEO of United Bankshares. The combined organization will have more than $32 billion in assets and a network of over 240 locations across eight states and Washington, D.C. Piedmont, headquartered in Peachtree Corners, Georgia, has assets of approximately $2.1 billion and 16 locations. The merger is expected to close late in the fourth quarter of 2024 or early in the first quarter of 2025. According to Benzinga Pro , UBSI stock has gained over 18% in the past year. Investors can gain exposure to the stock via First Trust NASDAQ ABA Community Bank Inde
Show less
Read more
Impact Snapshot
Event Time:
UBSI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBSI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBSI alerts
High impacting United Bankshares, Inc. news events
Weekly update
A roundup of the hottest topics
UBSI
News
- United Bankshares, Inc. Holds Annual Meeting of Shareholders [Yahoo! Finance]Yahoo! Finance
- United Bankshares, Inc. Holds Annual Meeting of ShareholdersBusiness Wire
- United Bankshares Declares Second Quarter DividendBusiness Wire
- United Bankshares to buy Piedmont Bancorp in $267 million deal [Reuters]Reuters
- United Bankshares to buy Piedmont Bancorp in $267 million deal [Yahoo! Finance Canada]Yahoo! Finance Canada
UBSI
Earnings
- 4/25/24 - Miss
UBSI
Analyst Actions
- 4/26/24 - Stephens & Co.
UBSI
Sec Filings
- 5/21/24 - Form 4
- 5/21/24 - Form 8-K
- 5/10/24 - Form 10-Q
- UBSI's page on the SEC website