United Bankshares Inc reports results for the quarter ended December 31 - Earnings Summary

United Bankshares

24/01/2025 14:32

* United Bankshares Inc  UBSI.OQ  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 59 cents.  The mean expectation of five analysts
for the quarter was for earnings of 68 cents per share. Wall
Street expected results to range from 66 cents to 69 cents per
share.
    * Revenue fell 0.5% to $261.93 million from a year ago;
analysts
expected $262.33 million. 
    * United Bankshares Inc's reported EPS for the quarter was
69
cents​.
    * The company reported quarterly net income of $94.41
million.
    * United Bankshares Inc shares had risen by 2.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for United Bankshares
Inc is $42.00 
This summary was machine generated from LSEG data January 24 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.68           0.69           Beat
 Sep. 30 2024      0.67           0.70           Beat
 Jun. 30 2024      0.64           0.71           Beat
 Mar. 31 2024      0.65           0.64           Missed