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Last Updated: 2026
United Bankshares image

United Bankshares

Rank#2737
Market Cap6.42B
CountryUnited States
Summary
History
Mission
Vision
References
Summaryarrow
United Bankshares, Inc., a financial holding company, 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, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of December 31, 2021, the company operated 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.
Historyarrow

The company traces its roots to St. Patrick's Day 1839, when Northwestern Bank of Virginia opened an office in Parkersburg ; every St. Patrick's Day, it gives shamrocks to its customers. That office eventually evolved into Parkersburg National Bank.

In 1982, Parkersburg National began reorganizing as a holding company, United Bankshares. In 1984, United commenced full operations when it acquired Parkersburg National and two other banks. Richard Adams has been chairman and/or CEO of United and its predecessor, Parkersburg National, since 1975.In 1987, the company became a public company via an initial public offering.

Acquisitions

The company has made the following acquisitions:

Missionarrow
United Bankshares’ mission is to provide best-in-class financial services and solutions to our customers, empowering them to reach their goals and dreams.
Visionarrow
United Bankshares is dedicated to becoming the leading provider of financial services and solutions in the markets we serve.
Referencesarrow

https://en.wikipedia.org/wiki/United_Bank_(West_Virginia)

https://www.investing.com/equities/united-bankshares

https://finance.yahoo.com/quote/UBSI/profile?p=UBSI

https://www.crunchbase.com/organization/united-bankshares

https://sec.report/CIK/0000729986

https://companiesmarketcap.com/

https://www.ubsi-inc.com

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Leadership team
M
Mr. Richard M. Adams Sr. (Exec. Chairman)
M
Mr. Richard Matthew Adams Jr., M.D. (CEO & Director)
M
Mr. James J. Consagra Jr., CPA (Pres)
Products / Services
Banking, Financial Services
Number of Employees
1,000 - 20,000
Address
Charleston, West Virginia, United States
Established
1983-01-01
Company Registration
SEC CIK number: 0000729986
Net Income
S_100M_500M
Revenue
500M - 1B
Traded as
UBSI
Website
https://www.ubsi-inc.com
Last Updated: 2026
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