United Bankshares Balance Sheet
NASDAQ: UBSIFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
United Bankshares financial position
At the end of fiscal 2024, United Bankshares reported total assets of $33.66 billion, up 12.1% from a year earlier against total liabilities of $28.16 billion. Shareholders' equity stood at $5.50 billion, or 16.3% of assets. The company held $247.6 million in cash and equivalents against $730.4 million of debt, a net debt position of $482.8 million.
Debt-to-equity was 0.13.
Summary generated from market data by MetaCap's automated system. Methodology
United Bankshares balance sheet (annual)
| Fiscal year (USD) | FY 20242025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 247.61M | 240.66M | 257.15M | 294.15M | 282.88M | 297.37M | 185.24M | 187.89M | 196.74M | 1.43B |
| Property, Plant & Equipment | 208.83M | 186.13M | 190.52M | 199.16M | 197.22M | 175.82M | 96.64M | 95.25M | 104.89M | 75.91M |
| Goodwill | 2.02B | 1.89B | 1.89B | 1.89B | 1.89B | 1.80B | 1.48B | 1.48B | 1.48B | 863.77M |
| Total Assets | 33.66B | 30.02B | 29.93B | 29.49B | 29.33B | 26.18B | 19.66B | 19.25B | 19.06B | 14.51B |
| Short-Term Debt | 198.57M | 176.09M | 196.09M | 160.70M | 128.84M | 142.30M | 124.65M | 176.63M | 277.59M | 209.55M |
| Long-Term Debt | 531.82M | 540.42M | 1.79B | 2.20B | 817.39M | 864.37M | 1.84B | 1.50B | 1.36B | 1.17B |
| Total Liabilities | 28.16B | 25.03B | 25.16B | 24.97B | 24.61B | 21.89B | 16.30B | 16.00B | 15.82B | 12.27B |
| Shareholders' Equity | 5.50B | 4.99B | 4.77B | 4.52B | 4.72B | 4.30B | 3.36B | 3.25B | 3.24B | 2.24B |
| Retained Earnings | 2.17B | 1.92B | 1.75B | 1.58B | 1.39B | 1.21B | 1.13B | 1.01B | 891.82M | 872.99M |
| Total Debt | 730.39M | 716.51M | 1.99B | 2.36B | 946.24M | 1.01B | 1.96B | 1.68B | 1.64B | 1.38B |
| Net Cash (Debt) | -482.78M | -475.86M | -1.73B | -2.06B | -663.36M | -709.30M | -1.78B | -1.49B | -1.44B | 52.95M |
This table shows 10 annual periods of United Bankshares's balance sheet, from FY 2024 back to FY 2016, across 11 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow UBSI's reporting calendar. What is a balance sheet?