{"id":5522,"date":"2026-05-14T02:00:00","date_gmt":"2026-05-14T00:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=449f1fb66516264f6c40f531c38f76fc"},"modified":"2026-05-14T02:00:00","modified_gmt":"2026-05-14T00:00:00","slug":"united-bankshares-inc-holds-annual-meeting-of-shareholders","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5522","title":{"rendered":"United Bankshares, Inc. Holds Annual Meeting of Shareholders"},"content":{"rendered":"

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (\u201cUnited\u201d or \u201cthe Company\u201d) (NASDAQ: UBSI<\/a>), an approximately $34 billion regional financial services company, held its Annual Meeting of Shareholders on Wednesday, May 13, 2026, at Congressional Country Club in Bethesda, Maryland.<\/p><\/a><\/a>

\nDuring the meeting, United Executive Chairman of the Board Richard M. Adams addressed shareholders by highlighting several key points from the 2025 Annual Report to Shareholders.<\/p>

\n\u201c2025 was a great year for our company,\u201d Adams began. \u201cWe continued our strong performance with record earnings of $465 million \u2013 increasing earnings per share from $2.75 to $3.27 \u2013 and we outperformed our peers with a Return on Average Assets of 1.4%, compared to the peer median of 1.1%. Loan and deposit growth also continued to be very strong, as we increased each by approximately $1 billion in 2025, excluding balances acquired in the Piedmont Bancorp, Inc. merger.\u201d<\/p>

\nUnited\u2019s total return in 2025 was 6.5%, which was in line with the KBW Regional Banking Index. United\u2019s long-term stock performance has been excellent.<\/p>

\n\u201cThe good news is that in 2026, as of yesterday, the KBW Regional Banking Index\u2019s total return was 7.59%. Even better news is that UBSI\u2019s total return was 11.80%, with a \u2018buy\u2019 recommendation and price target of $50.00,\u201d Adams said.<\/p>

\nUnited also increased the dividend to shareholders from $1.48 to $1.49, representing the Company\u2019s 52nd consecutive year of dividend increases to shareholders. This is a record that only one other major banking company in the nation has achieved. \u201cOur consistency increasing dividends to shareholders clearly demonstrates our strong earnings, sound asset quality, and strong capital in good times and bad times over many, many years,\u201d Adams said.<\/p>

\nAdditionally, Adams highlighted that in January 2025, United closed its 34th acquisition with Piedmont Bancorp, Inc., headquartered in the Atlanta Metro area. The acquisition extended the Company\u2019s Southeast banking franchise, which represented 43% of United\u2019s outstanding loans as of year-end 2025. \u201cThis acquisition was highly accretive to earnings per share and moved us into one of the best banking markets in the nation,\u201d Adams said.<\/p>

\nIn 2025, the Company also celebrated its 35th anniversary in the nation\u2019s capital MSA, which it first entered through the purchase of a single-office, $28 million bank in McLean, Virginia. Today, United is the \u201cCommunity Bank of the Nation\u2019s Capital.\u201d<\/p>

\n\u201cWe truly had a very successful year, and I would like to congratulate United CEO Rick Adams for his leadership in 2025. I would also like to thank all of our United team members for their efforts in providing us with the opportunity to continue to build such a great banking company. Every day, we make a positive difference in the lives of our team members, our customers, our shareholders, and our communities,\u201d Adams said.<\/p>

\nDuring the meeting, it was announced that the following directors were elected by the shareholders to serve on the board until the 2027 Annual Meeting: Richard M. Adams, Executive Chairman of the Board, United Bankshares, Inc.; Richard M. Adams, Jr., Chief Executive Officer, United Bankshares, Inc.; Charles L. Capito, Jr., former Managing Director, Wells Fargo Advisors Complex; Peter A. Converse, former President and CEO, Virginia Commerce Bancorp, Inc.; Sara DuMond, MD, FAAP, Founder and CEO, Pediatric Housecalls, PLLC; Michael P. Fitzgerald, former Co-Founder, Chairman, CEO and President, Bank of Georgetown; Patrice A. Harris, MD, MA, FAPA, Psychiatrist, CEO and Principal, Health Strategies Enterprises, LLC; Diana Lewis Jackson, President and Founder, Action Facilities Management; Mark R. Nesselroad, Chief Executive Officer, Glenmark Holding, LLC; Lacy I. Rice, III, Co-Founder and Managing Partner, Federated Capital Partners; Albert H. Small, Jr., Founder and President, Renaissance Centro Inc., LLC; Mary K. Weddle, CPA, former Executive Vice President, Long and Foster Companies; Gary G. White, Principal Consultant, JRW, LLC, and former Interim President, Marshall University; and P. Clinton Winter, President, Bray & Oakley Insurance Agency, Inc.<\/p>

\nIn addition to the election of directors, other proposals approved by shareholders included the ratification of the selection of Ernst & Young LLP to act as the independent registered public accounting firm for 2026 and approval, on an advisory basis, of the compensation of United\u2019s named executive officers.<\/p>

\nAbout United Bankshares, Inc.<\/b><\/p>

\nUnited Bankshares, Inc. (NASDAQ: UBSI) is a financial services company with consolidated assets of approximately $34 billion as of March 31, 2026. United is the 38th largest banking company in the U.S. based on market capitalization. It is the parent company of United Bank, which comprises over 240 offices located across Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio, and Pennsylvania. For more information, visit ubsi-inc.com<\/a>.<\/p> Contacts<\/b>

\nW. Mark Tatterson\nChief Financial Officer\n(800) 445-1347 ext. 8716<\/p>","protected":false},"excerpt":{"rendered":"

WASHINGTON & CHARLESTON, W.Va.–(BUSINESS WIRE)–United Bankshares, Inc. (\u201cUnited\u201d or \u201cthe Company\u201d) (NASDAQ: UBSI), an approximately $34 billion regional financial services company, held its Annual Meeting of Shareholders on Wednesday, May 13, 2026, a…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5522","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5522"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5522\/revisions"}],"predecessor-version":[{"id":5523,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5522\/revisions\/5523"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}