← UNITED BANKSHARES INC/WV
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $441.0m | $566.0m | $608.8m | $728.4m | $263.2m | $331.0m | $312.0m | $1.1b | $1.0b | $1.2b | |
| Revenue from contract | $62.6m | $118.9m | $121.8m | $141.6m | $333.2m | $251.0m | $126.7m | $109.8m | $103.5m | $103.6m | |
| Noninterest income: | |||||||||||
| Additional Financial Items | |||||||||||
| Bank Owned Life Insurance Income | $5.8m | $5.1m | $5.0m | $7.3m | $7.2m | $6.8m | $9.2m | $8.3m | $11.2m | $13.2m | |
| Amortization of Intangible Assets | $3.9m | $7.8m | $8.0m | $7.0m | $6.6m | $5.9m | $5.5m | $5.1m | $3.6m | $9.4m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | ($7.7m) | $11.2m | |
| Taxes, Miscellaneous | $7.8m | $12.6m | $11.4m | $11.3m | $12.1m | $12.4m | $13.5m | $16.2m | $16.9m | $18.3m | |
| Interest and fees on loans and leases | $430.7m | $565.5m | $636.7m | $667.0m | $721.8m | $724.5m | $864.6m | $1.2b | $1.3b | $1.5b | |
| Interest on federal funds sold and other short-term investments | $3.5m | $16.0m | $19.3m | $21.3m | $9.8m | $8.7m | $22.9m | $47.1m | $66.2m | $93.7m | |
| Taxable | $32.4m | $36.7m | $56.3m | $70.8m | $61.8m | $54.7m | $105.8m | $144.4m | $128.7m | $107.3m | |
| Tax-exempt | $3.8m | $5.5m | $5.5m | $3.5m | $5.0m | $7.2m | $8.7m | $6.6m | $4.6m | $4.8m | |
| Interest on deposits | $29.1m | $49.7m | $91.5m | $135.6m | $78.6m | $41.6m | $80.2m | $391.1m | $539.8m | $554.5m | |
| Interest on short-term borrowings | $1.6m | $1.6m | $2.2m | $2.3m | $1.0m | $693k | $1.8m | $6.4m | $8.0m | $5.8m | |
| Interest on long-term borrowings | $14.3m | $23.5m | $35.3m | $46.6m | $29.0m | $10.1m | $23.5m | $83.9m | $43.3m | $23.4m | |
| Net interest income | $425.3m | $549.0m | $588.6m | $577.9m | $689.8m | $742.7m | $896.4m | $919.9m | $911.1m | $1.1b | |
| Provision for credit losses | — | — | $22.0m | $21.3m | $106.6m | ($24.0m) | $18.8m | $31.2m | $25.2m | $53.9m | |
| Net interest income after provision for credit losses | $400.8m | $520.6m | $566.6m | $556.6m | $583.2m | $766.7m | $877.6m | $888.8m | $885.9m | $1.0b | |
| Income from bank-owned life insurance | $5.8m | $5.1m | $5.0m | $7.3m | $7.2m | $6.8m | $9.2m | $8.3m | $11.2m | $13.2m | |
| Mortgage loan servicing income | — | — | $0 | $0 | $6.2m | $9.6m | $9.2m | $13.7m | $9.0m | $0 | |
| Net investment securities gains (losses) | $280k | $5.6m | ($2.6m) | $175k | $3.2m | $2.7m | $776k | ($7.6m) | ($7.7m) | $11.2m | |
| Employee compensation | $93.3m | $164.2m | $164.5m | $174.0m | $274.7m | $280.0m | $242.4m | $230.8m | $234.6m | $252.1m | |
| Employee benefits | $29.0m | $37.1m | $36.2m | $35.7m | $48.9m | $53.9m | $45.9m | $48.4m | $53.6m | $54.3m | |
| Net gains on the sales of OREO properties | — | — | — | — | $2.0m | $54k | $700k | ($60k) | ($75k) | ($148k) | |
| Income taxes | $75.6m | $134.2m | $70.8m | $64.3m | $70.7m | $95.1m | $96.2m | $97.5m | $91.6m | $118.8m | |
| Dividends per common share | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $222.7m | $284.8m | $327.2m | $324.4m | $359.7m | $462.9m | $475.8m | $463.8m | $464.6m | $583.4m | |
| Total interest income | $470.3m | $623.8m | $717.7m | $762.6m | $798.4m | $795.1m | $1.0b | $1.4b | $1.5b | $1.7b | |
| Total other income | $70.0m | $131.6m | $128.7m | $150.5m | $354.7m | $278.1m | $153.3m | $135.3m | $123.7m | $135.2m | |
| Income before income taxes | $222.7m | $284.8m | $327.2m | $324.4m | $359.7m | $462.9m | $475.8m | $463.8m | $464.6m | $583.4m | |
| Net Income (Loss) Attributable to Parent | $147.1m | $150.6m | $256.3m | $260.1m | $289.0m | $367.7m | $379.6m | $366.3m | $373.0m | $464.6m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $146.8m | $150.3m | $255.9m | $259.5m | $288.3m | $366.7m | $378.6m | $365.4m | $372.2m | $463.6m | |
| Earnings Per Share, Basic | $2.00 | $1.54 | $2.46 | $2.55 | $2.40 | $2.84 | $2.81 | $2.72 | $2.76 | $3.28 | |
| Earnings Per Share, Diluted | $1.99 | $1.54 | $2.45 | $2.55 | $2.40 | $2.83 | $2.80 | $2.71 | $2.75 | $3.27 | |
| Weighted Average Number of Shares Outstanding, Basic | 73.5m | 97.5m | 104.0m | 101.6m | 120.0m | 129.3m | 134.8m | 134.5m | 134.9m | 141.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 73.9m | 97.9m | 104.3m | 101.9m | 120.1m | 129.5m | 135.1m | 134.8m | 135.2m | 141.8m | |
| Noninterest expense: | |||||||||||
| Equipment Expense | $8.6m | $10.5m | $13.8m | $14.2m | $20.9m | $26.0m | $29.3m | $29.7m | $29.7m | $34.9m | |
| Business Combination, Acquisition Related Costs | $5.4m | — | — | — | $54.2m | — | — | — | — | — | |
| Net occupancy expense | $27.5m | $39.1m | $36.5m | $34.9m | $41.3m | $42.0m | $45.1m | $46.4m | $46.1m | $49.8m | |
| Other real estate owned ("OREO") expense | $5.8m | $6.0m | $3.4m | $5.3m | $5.7m | $5.4m | $2.1m | $1.4m | $576k | $892k | |
| Data processing expense | $15.3m | $21.0m | $23.8m | $22.2m | $35.4m | $31.4m | $30.0m | $29.4m | $29.6m | $32.6m | |
| Mortgage loan servicing expense and impairment | — | — | $271k | $423k | $9.4m | $12.2m | $7.1m | $5.6m | $2.7m | $0 | |
| Bankcard processing expense | $1.7m | $1.8m | $2.0m | $1.9m | $1.7m | $1.7m | $1.9m | $2.2m | $2.5m | $2.3m | |
| FDIC insurance expense | $8.5m | $7.1m | $11.5m | $8.1m | $10.1m | $8.3m | $12.0m | $30.4m | $19.7m | $17.0m | |
| Interest Expense | $45.0m | $74.8m | $129.1m | $184.6m | $108.6m | $52.4m | $105.6m | $481.4m | $591.1m | $583.7m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $102.2m | |
| Interest Income (Expense), Net | $425.3m | $549.0m | $588.6m | $577.9m | $689.8m | $742.7m | $896.4m | $919.9m | $911.1m | $1.1b | |
| Total other expense | $248.2m | $367.4m | $368.2m | $382.7m | $578.2m | $581.9m | $555.1m | $560.2m | $545.0m | $600.1m | |
| Total interest expense | $45.0m | $74.8m | $129.1m | $184.6m | $108.6m | $52.4m | $105.6m | $481.4m | $591.1m | $583.7m | |
| Income Tax Expense (Benefit) | $75.6m | $134.2m | $70.8m | $64.3m | $70.7m | $95.1m | $96.2m | $97.5m | $91.6m | $118.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.