UNITED BANKSHARES INC/WV — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that UNITED BANKSHARES INC/WV filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $311.96M | Mar 1, 2023 |
| FY2022 | Dec 31, 2021 | $330.96M | Mar 1, 2023 |
| FY2022 | Dec 31, 2020 | $263.25M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $276.63M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $239.68M | Mar 1, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $128.83M | Feb 27, 2026 |
| FY2025 | Sep 30, 2025 | $130.75M | Feb 27, 2026 |
| FY2025 | Jun 30, 2025 | $120.72M | Feb 27, 2026 |
| FY2025 | Mar 31, 2025 | $84.31M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $94.41M | Feb 27, 2026 |
| FY2025 | Sep 30, 2024 | $95.27M | Feb 27, 2026 |
| FY2025 | Jun 30, 2024 | $96.51M | Feb 27, 2026 |
| FY2025 | Mar 31, 2024 | $86.81M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $79.39M | Feb 28, 2025 |
| FY2024 | Sep 30, 2023 | $96.16M | Feb 28, 2025 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $498.91M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $445.45M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $435.24M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $760.82M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $609.54M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $140.45M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $151.97M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $294.04M | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $253.93M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $170.73M | Mar 1, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.71M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $12.13M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $11.69M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $16.86M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $15.38M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $19.03M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $11.08M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $5.78M | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $14.36M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $7.27M | Mar 1, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $33.66B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $30.02B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $29.93B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $29.49B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $29.33B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $26.18B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $19.66B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $19.25B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $19.06B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $14.51B | Mar 1, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $28.16B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $25.03B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $25.16B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $24.97B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $24.61B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $21.89B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $16.30B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $16.00B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $15.82B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $12.27B | Mar 1, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.50B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $4.99B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $4.77B | Feb 27, 2026 |
| FY2025 | Dec 31, 2022 | $4.52B | Feb 27, 2026 |
| FY2024 | Dec 31, 2021 | $4.72B | Feb 28, 2025 |
| FY2023 | Dec 31, 2020 | $4.30B | Feb 29, 2024 |
| FY2022 | Dec 31, 2019 | $3.36B | Mar 1, 2023 |
| FY2021 | Dec 31, 2018 | $3.25B | Mar 1, 2022 |
| FY2020 | Dec 31, 2017 | $3.24B | Mar 1, 2021 |
| FY2019 | Dec 31, 2016 | $2.24B | Mar 2, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.02B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.89B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.89B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.89B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.89B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $1.80B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $1.48B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $1.48B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $1.48B | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $863.77M | Mar 1, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.17B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.92B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.75B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.58B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.39B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $1.21B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $1.13B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $1.01B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $891.82M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $872.99M | Mar 1, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Dec 31, 2016 | $1.43B | Mar 1, 2017 |
| FY2016 | Dec 31, 2015 | $857.34M | Mar 1, 2017 |
| FY2016 | Dec 31, 2014 | $753.06M | Mar 1, 2017 |
| FY2016 | Dec 31, 2013 | $416.62M | Mar 1, 2017 |
| FY2015 | Dec 31, 2012 | $432.08M | Feb 29, 2016 |
| FY2014 | Dec 31, 2011 | $636.00M | Mar 2, 2015 |
| FY2013 | Dec 31, 2010 | $461.39M | Mar 3, 2014 |
| FY2012 | Dec 31, 2009 | $449.77M | Feb 28, 2013 |
| FY2011 | Dec 31, 2008 | $213.53M | Feb 29, 2012 |
| FY2010 | Dec 31, 2007 | $230.65M | Feb 25, 2011 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $531.82M | Feb 27, 2026 |
| FY2024 | Dec 31, 2024 | $540.42M | Feb 28, 2025 |
| FY2023 | Dec 31, 2023 | $1.79B | Feb 29, 2024 |
| FY2022 | Dec 31, 2022 | $2.20B | Mar 1, 2023 |
| FY2021 | Dec 31, 2021 | $817.39M | Mar 1, 2022 |
| FY2020 | Dec 31, 2020 | $864.37M | Mar 1, 2021 |
| FY2019 | Dec 31, 2019 | $1.84B | Mar 2, 2020 |
| FY2018 | Dec 31, 2018 | $1.50B | Mar 1, 2019 |
| FY2017 | Dec 31, 2017 | $1.36B | Mar 1, 2018 |
| FY2016 | Dec 31, 2016 | $1.17B | Mar 1, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 28, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 28, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 28, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 28, 2025 |