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0:00 / 0:00I. Strategic Overview and Recent Developments
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UBSI Grows Assets to $30B with Piedmont Acquisition Boost

UBSI10-KFiling Date: 2/28/2025
United Bankshares, Inc.
Description

What this story covers

United Bankshares Inc. (UBSI) reported $373M net income in 2024, up 2%, with assets at $30B and deposits rising 5% to $24B. Key acquisition of Piedmont added $2.4B assets and Georgia presence. Strong capital (CET1 14%) supports growth amid rate pressures and credit risks. Outlook: steady loans, stable margins.

Story snapshot

CompanyUnited Bankshares, Inc.
TickerUBSI
VariantStandard detailed
Duration11:47
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0001193125-25-042589

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