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United Bankshares (UBSI) Revenue & Revenue Breakdown

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United Bankshares Revenue Highlights

Latest Revenue (Y)

$1.50B

Latest Revenue (Q)

$-432.61M

Main Segment (Y)

Deposit Account

United Bankshares Revenue by Period

United Bankshares Revenue by Year

DateRevenueChange
2024-12-31$1.50B-0.08%
2023-12-31$1.50B45.73%
2022-12-31$1.03B2.28%
2021-12-31$1.01B-2.72%
2020-12-31$1.04B41.60%
2019-12-31$732.14M2.06%
2018-12-31$717.36M5.39%
2017-12-31$680.64M37.40%
2016-12-31$495.36M8.22%
2015-12-31$457.75M2.25%
2014-12-31$447.69M32.58%
2013-12-31$337.67M-1.84%
2012-12-31$344.00M1.60%
2011-12-31$338.57M7.10%
2010-12-31$316.11M-2.93%
2009-12-31$325.66M1.74%
2008-12-31$320.10M13.04%
2007-12-31$283.17M5.41%
2006-12-31$268.63M-1.76%
2005-12-31$273.45M5.72%
2004-12-31$258.67M-12.81%
2003-12-31$296.67M5.80%
2002-12-31$280.40M13.38%
2001-12-31$247.31M15.64%
2000-12-31$213.87M-7.58%
1999-12-31$231.40M9.10%
1998-12-31$212.10M69.00%
1997-12-31$125.50M10.67%
1996-12-31$113.40M20.25%
1995-12-31$94.30M6.55%
1994-12-31$88.50M5.11%
1993-12-31$84.20M-

United Bankshares generated $1.50B in revenue during NA 2024, up -0.08% compared to the previous quarter, and up 205.17% compared to the same period a year ago.

United Bankshares Revenue by Quarter

DateRevenueChange
2025-06-01$-432.61M-200.00%
2025-03-31$432.61M6.96%
2024-12-31$404.47M-2.22%
2024-09-30$413.63M2.70%
2024-06-30$402.76M0.73%
2024-03-31$399.84M-0.40%
2023-12-31$401.44M3.23%
2023-09-30$388.87M2.64%
2023-06-30$378.86M5.33%
2023-03-31$359.68M7.30%
2022-12-31$335.21M14.04%
2022-09-30$293.95M9.05%
2022-06-30$269.56M9.23%
2022-03-31$246.79M0.07%
2021-12-31$246.62M-4.81%
2021-09-30$259.07M-0.00%
2021-06-30$259.08M-12.07%
2021-03-31$294.65M-1.49%
2020-12-31$299.10M-11.97%
2020-09-30$339.76M19.55%
2020-06-30$284.20M31.17%
2020-03-31$216.67M-1.80%
2019-12-31$220.64M-4.90%
2019-09-30$231.99M-2.72%
2019-06-30$238.49M8.48%
2019-03-31$219.84M2.72%
2018-12-31$214.02M-1.02%
2018-09-30$216.23M1.27%
2018-06-30$213.53M7.89%
2018-03-31$197.91M5.49%
2017-12-31$187.62M-0.47%
2017-09-30$188.50M6.65%
2017-06-30$176.75M38.34%
2017-03-31$127.77M-1.65%
2016-12-31$129.91M-0.14%
2016-09-30$130.09M7.79%
2016-06-30$120.69M5.25%
2016-03-31$114.68M-0.17%
2015-12-31$114.87M0.99%
2015-09-30$113.74M-1.14%
2015-06-30$115.05M2.18%
2015-03-31$112.59M-5.52%
2014-12-31$119.17M6.51%
2014-09-30$111.89M-0.74%
2014-06-30$112.72M9.95%
2014-03-31$102.52M26.75%
2013-12-31$80.89M-5.54%
2013-09-30$85.63M0.78%
2013-06-30$84.97M0.15%
2013-03-31$84.84M-0.30%
2012-12-31$85.10M-1.78%
2012-09-30$86.65M1.17%
2012-06-30$85.64M0.41%
2012-03-31$85.29M-5.39%
2011-12-31$90.15M0.56%
2011-09-30$89.65M17.88%
2011-06-30$76.05M2.75%
2011-03-31$74.01M-9.44%
2010-12-31$81.73M9.45%
2010-09-30$74.67M-3.96%
2010-06-30$77.75M0.27%
2010-03-31$77.54M33.47%
2009-12-31$58.09M-30.63%
2009-09-30$83.75M4.61%
2009-06-30$80.06M4.92%
2009-03-31$76.31M-7.40%
2008-12-31$82.41M10.66%
2008-09-30$74.47M-9.56%
2008-06-30$82.33M1.79%
2008-03-31$80.89M15.87%
2007-12-31$69.81M-

United Bankshares generated $-432.61M in revenue during Q2 2025, up -200.00% compared to the previous quarter, and up -108.20% compared to the same period a year ago.

United Bankshares Revenue Breakdown

United Bankshares Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Fiduciary and Trust$20.28M$16.91M$16.41M$15.56M$11.76M
Service, Other$19.45M$18.32M$17.22M$16.55M$13.90M
Mortgage Banking$16.06M$26.59M$42.69M$171.69M$266.09M
Financial Service, Other$3.48M$3.86M$3.27M$2.99M$2.60M
Deposit Account$37.18M$37.08M$40.56M$38.69M$34.83M
Credit Card$7.06M$7.01M$6.58M$5.49M$4.07M

United Bankshares's latest annual revenue breakdown by segment (product or service), as of Dec 24: Deposit Account (35.92%), Fiduciary and Trust (19.59%), Service, Other (18.79%), Mortgage Banking (15.51%), Credit Card (6.82%), and Financial Service, Other (3.37%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Service, Other$4.93M$4.78M$9.90M$4.90M$4.65M$4.51M$4.51M$4.52M$4.78M$4.41M$4.38M$4.29M$4.13M$4.33M$4.27M$4.19M$3.76M$3.58M$3.57M$3.26M
Mortgage Banking$2.60M$2.48M$6.21M$4.54M$5.30M$4.75M$7.56M$7.91M$6.38M$4.62M$6.42M$12.45M$19.20M$27.34M$42.01M$36.94M$65.39M$70.79M$109.46M$68.21M
Financial Service, Other$1.15M$1.08M$1.74M$890.00K$858.00K$924.00K$850.00K$949.00K$1.14M$805.00K$918.00K$785.00K$759.00K$753.00K$703.00K$775.00K$759.00K$753.00K$715.00K$610.00K
Fiduciary and Trust$4.86M$5.64M$9.94M$5.07M$5.27M$4.36M$4.43M$3.92M$4.20M$3.73M$4.02M$4.12M$4.55M$3.70M$3.88M$3.65M$4.32M$3.13M$3.07M$2.65M
Deposit Account$9.66M$9.31M$18.80M$9.41M$8.97M$9.11M$9.28M$9.32M$9.36M$9.51M$10.07M$10.83M$10.15M$10.51M$9.89M$9.40M$8.90M$9.50M$9.32M$8.05M
Credit Card$2.10M$1.75M$3.41M$1.77M$1.87M$1.92M$1.68M$1.71M$1.71M$1.67M$1.86M$1.67M$1.38M$1.58M$1.47M$1.37M$1.06M$1.13M$1.23M$718.00K

United Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Deposit Account (38.17%), Service, Other (19.48%), Fiduciary and Trust (19.21%), Mortgage Banking (10.28%), Credit Card (8.30%), and Financial Service, Other (4.56%).

United Bankshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GGALGrupo Financiero Galicia$17.36T$2.75T
COLBColumbia Banking System$2.76B$670.69M
FNBF.N.B.$2.25B$673.66M
AXAxos Financial$1.95B$432.72M
VLYValley National Bancorp$1.85B$130.35M
HWCHancock Whitney$1.69B$-488.23M
UBSIUnited Bankshares$1.50B$-432.61M
ABCBAmeris Bancorp$1.45B$170.25M
HOMBHome Bancshares$1.30B$370.19M
AUBAtlantic Union Bankshares$1.23B$510.37M
FFINFirst Financial Bankshares$628.92M$205.68M

UBSI Revenue FAQ

What is United Bankshares’s yearly revenue?

United Bankshares's yearly revenue for 2024 was $1.5B, representing a decrease of -0.08% compared to 2023. The company's yearly revenue for 2023 was $1.5B, representing an increase of 45.73% compared to 2022. UBSI's yearly revenue for 2022 was $1.03B, representing an increase of 2.28% compared to 2021.

What is United Bankshares’s quarterly revenue?

United Bankshares's quarterly revenue for Q2 2025 was $-433M, a -200.00% decrease from the previous quarter (Q1 2025), and a -207.41% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $432.61M, a 6.96% increase from the previous quarter (Q4 2024), and a 8.20% increase year-over-year (Q1 2024). UBSI's quarterly revenue for Q4 2024 was $404.47M, a -2.22% decrease from the previous quarter (Q3 2024), and a 0.75% increase year-over-year (Q4 2023).

What is United Bankshares’s revenue growth rate?

United Bankshares's revenue growth rate for the last 3 years (2022-2024) was 45.61%, and for the last 5 years (2020-2024) was 44.89%.

What are United Bankshares’s revenue streams?

United Bankshares's revenue streams in c 24 are Fiduciary and Trust, Service, Other, Mortgage Banking, Financial Service, Other, Deposit Account, and Credit Card. Fiduciary and Trust generated $20.28M in revenue, accounting 19.59% of the company's total revenue, up 19.90% year-over-year. Service, Other generated $19.45M in revenue, accounting 18.79% of the company's total revenue, up 6.18% year-over-year. Mortgage Banking generated $16.06M in revenue, accounting 15.51% of the company's total revenue, down -39.62% year-over-year. Financial Service, Other generated $3.48M in revenue, accounting 3.37% of the company's total revenue, down -9.74% year-over-year. Deposit Account generated $37.18M in revenue, accounting 35.92% of the company's total revenue, up 0.29% year-over-year. Credit Card generated $7.06M in revenue, accounting 6.82% of the company's total revenue, up 0.66% year-over-year.

What is United Bankshares’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of United Bankshares was Deposit Account. This segment made a revenue of $37.18M, representing 35.92% of the company's total revenue.