Detail akcie United Bkshs online

Business Summary: United Bankshares, Inc. is a financial holding company. The Company's segments include community banking and mortgage banking. The community banking segment includes both commercial and consumer lending and provides customers with such products as commercial loans, real estate loans, business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products including demand deposit accounts, savings accounts and certificates of deposit as well as investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, and investment management. The mortgage banking segment engages primarily in the origination and acquisition of residential mortgages for sale into the secondary market though United’s mortgage banking subsidiaries, George Mason and Crescent. The Company has one banking subsidiary doing business under the name of United Bank. It also owns nonbank subsidiaries.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, United Bankshares Inc interest income increased 40% to $1.4B. Net interest income after loan loss provision increased 1% to $888.8M. Net income decreased 4% to $366.3M. Net interest income after loan loss provision reflects Community Banking segment increase of 3% to $896.3M, Net Interest Margin, Total -% increase of 2% to 3.56%.