United Bankshares, Inc.

UBSI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$1,620,707$1,528,850$1,145,514$1,059,239
% Growth6%33.5%8.1%
Cost of Goods Sold$616,206$512,549$124,381$28,413
Gross Profit$1,004,501$1,016,301$1,021,133$1,030,826
% Margin62%66.5%89.1%97.3%
R&D Expenses$0$0$0$0
G&A Expenses$307,974$309,553$300,340$342,187
SG&A Expenses$307,974$309,553$300,340$342,187
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$231,948$242,943$245,010$225,786
Operating Expenses$539,922$552,496$545,350$567,973
Operating Income$464,579$463,805$475,783$462,853
% Margin28.7%30.3%41.5%43.7%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$464,579$463,805$475,783$462,853
Tax Expense$91,583$97,492$96,156$95,115
Net Income$372,996$366,313$379,627$367,738
% Margin23%24%33.1%34.7%
EPS2.762.722.812.84
% Growth1.5%-3.2%-1.1%
EPS Diluted2.752.722.82.83
Weighted Avg Shares Out134,948134,505134,776129,276
Weighted Avg Shares Out Dil135,505134,754135,118129,513
Supplemental Information
Interest Income$1,502,121$1,401,320$1,001,990$795,117
Interest Expense$591,053$481,396$105,559$52,383
Depreciation & Amortization$10,396$23,106$23,670$7,911
EBITDA$474,975$486,911$499,453$470,764
% Margin29.3%31.8%43.6%44.4%