United Bankshares (NASDAQ:UBSI – Get Free Report) announced its quarterly earnings data on Thursday. The financial services provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.01), Briefing.com reports. The company had revenue of $401.39 million during the quarter, compared to analysts’ expectations of $256.80 million. United Bankshares had a net margin of 22.51% and a return on equity of 7.77%. During the same period in the previous year, the business earned $0.74 earnings per share.
United Bankshares Price Performance
Shares of NASDAQ:UBSI opened at $33.35 on Friday. United Bankshares has a twelve month low of $25.35 and a twelve month high of $38.74. The company’s 50 day moving average is $34.26 and its 200 day moving average is $33.89. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. The company has a market cap of $4.50 billion, a PE ratio of 12.73 and a beta of 1.00.
United Bankshares Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 8th were issued a $0.37 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.48 annualized dividend and a yield of 4.44%. United Bankshares’s dividend payout ratio (DPR) is presently 56.49%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on United Bankshares
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.
Recommended Stories
- Five stocks we like better than United Bankshares
- Ride Out The Recession With These Dividend Kings
- MarketBeat Week in Review – 4/22 – 4/26
- What is a Low P/E Ratio and What Does it Tell Investors?
- 3 Stocks Leading the U.S. Agriculture Comeback
- Business Services Stocks Investing
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for United Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.