United Bankshares Cash Flow Statement
NASDAQ: UBSIFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
United Bankshares free cash flow
In fiscal 2024, United Bankshares generated $498.9 million of operating cash flow and spent $17.7 million on capital expenditures. That left free cash flow of $481.2 million, a free-cash-flow margin of 38.9% of revenue. Free cash flow was up 11.0% from the prior year's $433.3 million.
United Bankshares returned $336.0 million to shareholders: $209.0 million in dividends and $127.0 million in share repurchases, equal to 70% of free cash flow. Free cash flow covered dividend payments 2.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
United Bankshares cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 464.60M | 373.00M | 366.31M | 379.63M | 367.74M | 289.02M | 260.10M | 256.34M | 150.58M | 147.08M |
| Net Income growth (YoY) | +24.56% | +1.82% | -3.51% | +3.23% | +27.23% | +11.12% | +1.47% | +70.24% | +2.38% | +6.61% |
| Depreciation & Amortization | 16.81M | 15.71M | 17.19M | 18.24M | 16.58M | 13.46M | -20.53M | -21.06M | -21.57M | -8.72M |
| Stock-Based Compensation | 13.09M | 12.13M | 12.46M | 9.88M | 8.02M | 5.98M | 4.91M | 4.07M | 3.56M | 2.82M |
| Change in Working Capital | -29.93M | 4.65M | 15.17M | 61.24M | 29.75M | 37.66M | -3.38M | 21.02M | 30.73M | -13.93M |
| Operating Cash Flow | 498.91M | 445.45M | 435.24M | 760.82M | 609.54M | 140.45M | 151.97M | 294.04M | 253.93M | 170.73M |
| Capital Expenditures | -17.71M | -12.13M | -11.69M | -16.86M | -15.38M | -19.02M | -11.08M | -5.78M | -14.36M | -7.27M |
| Investing Cash Flow | -899.31M | 571.49M | 38.99M | -3.45B | 15.65M | 137.59M | -383.32M | -873.01M | 266.68M | 30.96M |
| Dividends Paid | -209.00M | -200.73M | -194.73M | -193.04M | -181.28M | -162.71M | -138.94M | -142.35M | -121.35M | -96.35M |
| Share Repurchases | -126.99M | -1.04M | -1.38M | -79.46M | -11.21M | -21.32M | -35.67M | -100.72M | -1.00K | -1.00K |
| Financing Cash Flow | 650.41M | -323.64M | -51.94M | 105.32M | 923.91M | 1.09B | 48.45M | -66.79M | -288.97M | 375.50M |
| Net Change in Cash | 250.01M | 693.30M | 422.29M | -2.58B | 1.55B | 1.37B | -182.90M | -645.77M | 231.64M | 577.19M |
| Free Cash Flow | 481.19M | 433.33M | 423.55M | 743.96M | 594.16M | 121.42M | 140.88M | 288.26M | 239.57M | 163.46M |
This table shows 10 annual periods of United Bankshares's cash flow statement, from FY 2024 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow UBSI's reporting calendar. What is a cash flow statement?