United Bankshares (UBSI) to Release Quarterly Earnings on Wednesday

United Bankshares (NASDAQ:UBSI) will announce its earnings results on Wednesday, April 24th.

United Bankshares (NASDAQ:UBSI) last issued its quarterly earnings data on Friday, January 26th. The financial services provider reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. United Bankshares had a net margin of 23.84% and a return on equity of 8.05%. The business had revenue of $402.85 million for the quarter, compared to analyst estimates of $258.98 million. During the same period last year, the business posted $0.74 earnings per share. On average, analysts expect United Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

United Bankshares Trading Up 0.8 %

Shares of NASDAQ:UBSI opened at $34.43 on Tuesday. United Bankshares has a 12 month low of $25.35 and a 12 month high of $38.74. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.37. The company’s fifty day simple moving average is $34.28 and its 200 day simple moving average is $33.84. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 12.70 and a beta of 1.00.

United Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 8th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date was Thursday, March 7th. United Bankshares’s dividend payout ratio (DPR) is currently 54.61%.

Analyst Upgrades and Downgrades

Separately, Raymond James raised their target price on shares of United Bankshares from $38.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, January 5th.

United Bankshares Company Profile

United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.