United Bankshares (UBSI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

United Bankshares

NasdaqGS•Financial Services•Banks - Regional

$47.32-0.54(-0.01%)Pre-market

Market Cap

$6.49B

P/E

12.6x

P/S

5.2x

P/B

1.2x

United Bankshares, Inc., through its subsidiaries, provides commercial and retail banking products and services in the United States. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Its loan products include commercial loans and leases to small to mid-size industrial and commercial companies, as well as automobile dealers, service, retail and wholesale merchants; construction and real estate loans, such as commercial and residential mortgages, and loans secured by owner-occupied real estate; personal, automobiles, boats, recreational vehicles, credit card receivables, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; trust, safe deposit boxes, wire transfers, and other banking products and services; investment and security services; buying and selling federal fund services; automated teller machine services; and internet and automated telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services, as well as custody of assets, investment management, escrow services, and related fiduciary activities. The company was incorporated in 1982 and is headquartered in Charleston, West Virginia.

How this company scores

WeakMetricSide Score: 80/100

Grade capped at D — Interest coverage below 1× (0.9x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability18/25

Growth23/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Grade capped at D

Interest coverage below 1× (0.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.6x5y range 9.6x – 14.3x

Currently near its 20-quarter median.

P/S · 5.2x5y range 3.6x – 5.3x

Currently near its 20-quarter median.

P/B · 1.2x5y range 0.8x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Share Dilution

Watch

Shares outstanding rose 2.1% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $6.49B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.25B
Q. Revenue: $318.86M
TTM EBITDA: $497.80M
TTM Op. Income: $497.80M
Q. Op. Income: $125.64M
TTM Net Income: $515.15M
Q. Net Income: $131.38M
EPS: $0.95
Shares Out.: $137.98M

$1.25B in TTM revenue grew 16.7% YoY, reaching $318.86M last quarter. TTM EBITDA of $497.80M and TTM operating income of $497.80M show growth is flowing through to the bottom line. TTM net income of $515.15M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 39.4%
Op. Margin: 39.4%
Net Margin: 41.2%

Op. margin of 39.4% is down 0.8% YoY — costs are rising relative to revenue. Net margin at 41.2% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.6x
P/S Ratio: 5.2x
P/B Ratio: 1.2x

At 12.6x P/E, the stock trades below typical market levels. P/S of 5.2x and P/B of 1.2x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 4% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $33.75B
Cash: $2.08B
Long-Term Debt: $282.62M
Book Value: $5.51B
D/E Ratio: 0.1
Debt/EBITDA: 2.2

With $33.75B in assets and $282.62M in long-term debt, D/E is 0.1and book value is $5.51B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $105.16M
TTM Free Cash Flow: $533.93M
FCF Margin: 42.7%
FCF / Net Income: 1.0

TTM FCF of $533.93M on $105.16M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.