Contact: W. Mark Tatterson
Chief Financial Officer
(800) 445-1347 ext. 8716

WASHINGTON, D.C. and CHARLESTON, WV – United Bankshares, Inc. (“United”) (NASDAQ: UBSI), an approximately $33 billion regional financial services company, held its Annual Meeting of Shareholders on Wednesday, May 14, 2025, at Congressional Country Club in Bethesda, Md.

During the meeting, United Executive Chairman of the Board Richard M. Adams addressed shareholders by highlighting several key points from the 2024 Annual Report to Shareholders.

“2024 was a great year for our Company,” Adams began. “We continued our record of strong earnings performance – increasing earnings per share from $2.71 to $2.75, outperforming our peers with a Return on Assets of 1.26% compared to the peer median of 0.94%.” This outperformance equated to nearly $95 million in additional annualized income for the Company. In addition, Adams noted that United increased the dividend to shareholders for the 51st consecutive year, from $1.45 to $1.48, as the Company celebrated its 185th anniversary in 2024. “Our consistency increasing dividends to shareholders clearly demonstrates our strong earnings, sound asset quality, and strong capital in good times and bad times over many, many years.”

Read the full press release.