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UBSI — United Bankshares News Story

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United Bankshares Inc reports results for the quarter ended in March - Earnings Summary

* United Bankshares Inc  UBSI.OQ  reported quarterly adjusted
earnings of 83 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 73 cents per share.
* Revenue rose 58.3% to $283.53 million from a year ago​; 
analysts expected $274.54 million.
* United Bankshares Inc's reported EPS for the quarter was 83
cents​.
* The mean earnings estimate of analysts had risen by
about 21.2% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* United Bankshares Inc shares had fallen by 1.3% this
quarter and gained 17.6% so far this year.
* The company reported quarterly net income of $106.9 million.
* Wall Street's median 12-month price target for United
Bankshares Inc is $40.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 23 at 01:10 p.m. GMT.
​All figures in US Dollars.​

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