United Bankshares has beaten earnings estimates in all four of the last four quarters with a forward price-to-earnings ratio of 11.8x and 41% net margins, but the stock has risen above its analyst price target and the negative asymmetry ratio of -1.09 eliminates the case for adding new exposure.
Thesis pillars
- Four Quarter Beat Streak Avg 8 Pct→Stable
- Attractive Forward Pe Peg→Stable
- Strong Momentum Breakout Above Mas↑Improving
- +1 more pillar — see the Why tab for full reasoning
United Bankshares, Inc. (UBSI) Stock Analysis
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $48.88, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.3% away).
United Bankshares is a West Virginia-chartered financial holding company with $33.7 billion in consolidated assets at December 31, 2025, operating through United Bank across West Virginia, Virginia, Maryland, North Carolina, South Carolina, Georgia, and adjacent markets. Revenue... Read more
Hold if already holding. Not a fresh buy at $48.88, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.3% away). Chart setup: No clear chart pattern; technical signals are mixed. Downgraded from BUY WAIT — price $48.88 has reached target $48.28. No upside to wait for. Score 5.8/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.40, earnings proximity 84d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About United Bankshares, Inc.
About United Bankshares, Inc.
United Bankshares held $33.7 billion in consolidated total assets and $5.5 billion in shareholders' equity at December 31, 2025, following the January 10, 2025 acquisition of Piedmont Bancorp ($2.4 billion in assets, sixteen Georgia locations). The company operates as a financial holding company subject to Federal Reserve Board regulation through United Bank, its sole banking subsidiary, serving markets across West Virginia, Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio, Pennsylvania, and the District of Columbia.
Revenue is driven by net interest income from commercial, real estate, and consumer lending. The loan and lease portfolio grew $3.0 billion or 14.01% in 2025, with the Piedmont acquisition contributing $2.02 billion. Commercial real estate loans increased $2.0 billion or 22.98% while residential real estate loans rose $590.9 million or 10.73%. At December 31, 2025, approximately $11.9 billion—48.16% of total loans—were real estate and construction loans, the only loan classification exceeding 10% of the portfolio. Fee income comes from trust and estate services, mortgage banking (United originated $370.9 million of real estate loans for sale in the secondary market in 2025), and brokerage services through United Brokerage Services, Inc., a FINRA-regulated broker/dealer and registered investment advisor. Core deposits—demand, savings, and NOW accounts—are the primary funding source, supplemented by federal funds purchased, repurchase agreements, and FHLB advances.
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United's credit cycle position centers on its commercial real estate concentration: 48.16% of loans are secured by real estate across West Virginia, Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio, Pennsylvania, and the District of Columbia. Allowance for credit losses is governed by the CECL model, which requires management judgment on macroeconomic forecasts; if regulators reviewing the allowance require additional provisions, net income and capital could decline. The 10-K also notes United has not offered teaser-rate or sub-prime loans (defined as credit scores below 660), and that collateral values in the multi-state footprint may deteriorate in regional downturns, potentially impairing borrower repayment capacity across the portfolio.
See also: Financial Services · Banks - Regional
From United Bankshares, Inc.'s most recent 10-K filing, extracted June 16, 2026.
Recent developments
updated 2026-07-30Recent Developments — United Bankshares, Inc.
Latest news
- NEWS Ruffer LLP Invests $3.13 Million in United Bankshares, Inc. $UBSI - MarketBeat — MarketBeat positive
- NEWS Net income from continuing operations of United Bankshares, Inc. – NASDAQ:UBSI - TradingView — TradingView neutral
- NEWS Net income from continuing operations of United Bankshares, Inc. – NASDAQ:UBSI - TradingView — Track All Markets — TradingView — Track All Markets neutral
- NEWS UBSI Maintained by Raymond James -- Price Target Raised to $50.0 - GuruFocus — GuruFocus positive
- NEWS Form 4 United Bankshares Inc For: 1 July By Investing.com - Investing.com Canada — Investing.com Canada neutral
Generated 2026-07-31T01:03:41Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMloan_portfolioreal estate and construction loans48%10-K Item 1: 'approximately $11.9 billion or 48.16% of United's total loan portfolio were for real estate and construction'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $48.88, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.3% away). Chart setup: No clear chart pattern; technical signals are mixed. Downgraded from BUY WAIT — price $48.88 has reached target $48.28. No upside to wait for. Target $48.28 (-1.2%), stop $43.82 (−11.5%), A.R:R -1.4:1. Score 5.8/10, moderate confidence.
Take-profit target: $48.28 (-11.0% upside). Target $48.28 (-1.2%), stop $43.82 (−11.5%), A.R:R -1.4:1. Stop-loss: $43.82.
Analyst target reached - limited upside remaining; Near 52-week high (0.3% away); Overbought (RSI 75).
United Bankshares, Inc. trades at a P/E of 13.1 (forward 12.7). TrendMatrix value score: 7.4/10. Verdict: Hold.
12 analysts cover UBSI with a consensus score of 3.8/5. Average price target: $50.
What does United Bankshares, Inc. do?United Bankshares is a West Virginia-chartered financial holding company with $33.7 billion in consolidated assets at...
United Bankshares is a West Virginia-chartered financial holding company with $33.7 billion in consolidated assets at December 31, 2025, operating through United Bank across West Virginia, Virginia, Maryland, North Carolina, South Carolina, Georgia, and adjacent markets. Revenue is generated from commercial and retail banking, including net interest income on a loan portfolio skewed toward commercial real estate, plus trust, brokerage, and mortgage banking fees.