# UNITED BANKSHARES INC/WV

Summary updated: 2026-10-03T21:41:40.788695Z
Canonical: https://finbar.com/research/companies/united-bankshares-inc-wv

## Overview

United Bankshares, Inc. is a financial holding company and the parent of United Bank, a commercial bank. Its community banking business offers deposit accounts, consumer and commercial lending, residential mortgages, and trust and brokerage services. [1](https://app.finbar.com/go?id=P65693482)[2](https://app.finbar.com/go?id=P24073232) At the end of 2025, it operated 237 full-service offices across West Virginia, Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania and Ohio. [3](https://app.finbar.com/go?id=P38478501)

For scale, United Bankshares reported $33.75 billion in total assets as of June 30, 2026. In 2025, net interest income and other income together were approximately $1.24 billion. [4](https://app.finbar.com/go?id=T17849557)[5](https://app.finbar.com/go?id=T7192227) The company describes its commitment as “excellence in service” to shareholders, customers, communities and employees. [6](https://ubsi-inc.com/news/news-details/2026/United-Bankshares-Inc--Announces-Record-Earnings-for-the-Year-of-2025/default.aspx) United Bank traces its predecessor-bank origins to Parkersburg in 1839. [7](https://www.bankwithunited.com/about-united.html)
[1](https://app.finbar.com/go?id=P65693482)[2](https://app.finbar.com/go?id=P24073232)[3](https://app.finbar.com/go?id=P38478501)[4](https://app.finbar.com/go?id=T17849557)[5](https://app.finbar.com/go?id=T7192227)[5](https://app.finbar.com/go?id=T7192227)[6](https://ubsi-inc.com/news/news-details/2026/United-Bankshares-Inc--Announces-Record-Earnings-for-the-Year-of-2025/default.aspx)[7](https://www.bankwithunited.com/about-united.html)

## Products & services

United Bankshares’ lending products include commercial real estate loans, divided into owner-occupied and nonowner-occupied properties; other commercial loans; residential real estate loans; construction and land-development loans; consumer loans; and bankcard loans. At June 30, 2026, gross loans totaled $25.006 billion. The portfolio mix was 34.9% nonowner-occupied commercial real estate, 24.7% residential real estate, 15.2% commercial, 13.3% construction and land development, 8.7% owner-occupied commercial real estate, 3.1% consumer, and 0.0% bankcard (rounded). [8](https://app.finbar.com/go?id=T19368946)

At December 31, 2025, gross loans totaled $24.721 billion, with a similar mix: 33.8% nonowner-occupied commercial real estate, 24.7% residential real estate, 15.3% commercial, 14.4% construction and land development, 8.7% owner-occupied commercial real estate, 3.1% consumer, and 0.0% bankcard (rounded). The company’s annual-report disclosure further describes commercial lending as including real estate, owner-occupied income-producing real estate, and land-development loans. [9](https://app.finbar.com/go?id=T19369218)[10](https://app.finbar.com/go?id=P103691879)
[8](https://app.finbar.com/go?id=T19368946)[9](https://app.finbar.com/go?id=T19369218)[10](https://app.finbar.com/go?id=P103691879)

## Geographic presence

United Bankshares operates across West Virginia, Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania and Ohio. At year-end 2025, it reported 237 full-service offices: 48 in West Virginia; 100 collectively across Virginia’s Shenandoah Valley, Northern Neck, Richmond and Lynchburg areas and the Northern Virginia–Maryland–Washington, D.C. metro area; 43 in North Carolina; 25 in South Carolina; 16 in the Atlanta area; four in southwestern Pennsylvania; and one in southeastern Ohio. Charleston, West Virginia, is its headquarters, and Parkersburg, West Virginia, is the location of its executive offices. [3](https://app.finbar.com/go?id=P38478501)

Its disclosed markets include communities throughout West Virginia; parts of Ohio and southwestern Pennsylvania; the Washington, D.C.–Maryland–Northern Virginia area and other Virginia markets; South Carolina’s Coastal, Midlands and Upstate regions; North Carolina markets including Wilmington, Raleigh-Durham and Charlotte; and the Atlanta metropolitan area. [1](https://app.finbar.com/go?id=P65693482) The company website describes its service area as eight states plus Washington, D.C., while its investor-relations overview reports more than 240 offices; these website figures are distinct from the 2025 year-end office count. [11](https://www.bankwithunited.com/)[12](https://ubsi-inc.com/overview/default.aspx) The 2025 report describes community banking as a single reportable segment and does not provide a state-by-state revenue breakdown. [2](https://app.finbar.com/go?id=P24073232)
[3](https://app.finbar.com/go?id=P38478501)[1](https://app.finbar.com/go?id=P65693482)[2](https://app.finbar.com/go?id=P24073232)[11](https://www.bankwithunited.com/)[12](https://ubsi-inc.com/overview/default.aspx)

## Business segments

United Bankshares reports one operating and reportable segment: community banking, conducted through United Bank. Its activities include deposit-taking; personal, credit-card, commercial, floor-plan, construction and real-estate lending; residential mortgage origination and secondary-market sales; and trust, brokerage, safe-deposit and wire-transfer services. [13](https://app.finbar.com/go?id=P154721723)

For the six months ended June 30, 2026, community banking represented approximately 100% of reported segment results. On a revenue-proxy basis—net interest income plus other income—the segment contributed about $640.4 million; it also accounted for 100% of net income ($255.6 million) and reported segment assets (approximately $33.8 billion). These percentages reflect the company’s single-segment reporting, not a breakdown among products or business lines. [14](https://app.finbar.com/go?id=T17849656)[15](https://app.finbar.com/go?id=P154721725)[4](https://app.finbar.com/go?id=T17849557)
[13](https://app.finbar.com/go?id=P154721723)[14](https://app.finbar.com/go?id=T17849656)[14](https://app.finbar.com/go?id=T17849656)[14](https://app.finbar.com/go?id=T17849656)[14](https://app.finbar.com/go?id=T17849656)[15](https://app.finbar.com/go?id=P154721725)[4](https://app.finbar.com/go?id=T17849557)

## Company history

The company’s banking roots date to 1839, when the Northwestern Bank of Virginia opened a branch in Parkersburg, later known as First National Bank of Parkersburg; this is the lineage of a predecessor bank, not the founding date of the present holding company. [16](https://www.bankwithunited.com/news/archive/corporate-financial/united-bank-celebrates-184-years-of-service-.html)[17](https://www.wvencyclopedia.org/articles/828) In the early 1980s, Parkersburg National Bank joined United Bankshares’ holding-company structure; it became United National Bank in 1985, and acquisitions in 1986 expanded the company into Charleston. United Bankshares became publicly traded in 1987 and reached $1 billion in assets in 1988. [17](https://www.wvencyclopedia.org/articles/828)[18](https://www.bankwithunited.com/news/community/two-united-bank-employees-reach-50-year-milestones.html)[7](https://www.bankwithunited.com/about-united.html)

Later milestones included the 2014 acquisition of Virginia Commerce Bancorp, which broadened United’s Washington, D.C.-area presence, and the 2017 acquisition of Cardinal Financial. [19](https://www.sec.gov/Archives/edgar/data/729986/000119312514031894/d667915dex991.htm)[20](https://ubsi-inc.com/news/news-details/2017/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Cardinal-Financial-Corporation/default.aspx) United acquired Carolina Financial in 2020 and Community Bankers Trust in 2021; in 2025, it completed the acquisition of Piedmont Bancorp, extending its operations into Georgia. [21](https://ubsi-inc.com/news/news-details/2020/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Carolina-Financial-Corporation/default.aspx)[22](https://ubsi-inc.com/news/news-details/2021/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Community-Bankers-Trust-Corporation/default.aspx)[23](https://app.finbar.com/go?id=P19392998)[24](https://app.finbar.com/go?id=P119564484)[25](https://www.bankwithunited.com/news/mergers-acquisitions/united-bankshares-inc-completes-acquisition-of-piedmont-bancorp-inc.html)
[26](https://app.finbar.com/go?id=D281641)[16](https://www.bankwithunited.com/news/archive/corporate-financial/united-bank-celebrates-184-years-of-service-.html)[17](https://www.wvencyclopedia.org/articles/828)[18](https://www.bankwithunited.com/news/community/two-united-bank-employees-reach-50-year-milestones.html)[7](https://www.bankwithunited.com/about-united.html)[19](https://www.sec.gov/Archives/edgar/data/729986/000119312514031894/d667915dex991.htm)[20](https://ubsi-inc.com/news/news-details/2017/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Cardinal-Financial-Corporation/default.aspx)[21](https://ubsi-inc.com/news/news-details/2020/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Carolina-Financial-Corporation/default.aspx)[22](https://ubsi-inc.com/news/news-details/2021/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Community-Bankers-Trust-Corporation/default.aspx)[25](https://www.bankwithunited.com/news/mergers-acquisitions/united-bankshares-inc-completes-acquisition-of-piedmont-bancorp-inc.html)

## Sources

1. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P65693482)
2. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P24073232)
3. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P38478501)
4. [UNITED BANKSHARES INC/WV — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17849557)
5. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=T7192227)
6. [ubsi-inc.com](https://ubsi-inc.com/news/news-details/2026/United-Bankshares-Inc--Announces-Record-Earnings-for-the-Year-of-2025/default.aspx)
7. [www.bankwithunited.com](https://www.bankwithunited.com/about-united.html)
8. [UNITED BANKSHARES INC/WV — Presentation (2026 Q 2), p7](https://app.finbar.com/go?id=T19368946)
9. [UNITED BANKSHARES INC/WV — Presentation (2025 Y), p7](https://app.finbar.com/go?id=T19369218)
10. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P103691879)
11. [www.bankwithunited.com](https://www.bankwithunited.com/)
12. [ubsi-inc.com](https://ubsi-inc.com/overview/default.aspx)
13. [UNITED BANKSHARES INC/WV — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154721723)
14. [UNITED BANKSHARES INC/WV — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17849656)
15. [UNITED BANKSHARES INC/WV — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154721725)
16. [www.bankwithunited.com](https://www.bankwithunited.com/news/archive/corporate-financial/united-bank-celebrates-184-years-of-service-.html)
17. [www.wvencyclopedia.org](https://www.wvencyclopedia.org/articles/828)
18. [www.bankwithunited.com](https://www.bankwithunited.com/news/community/two-united-bank-employees-reach-50-year-milestones.html)
19. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/729986/000119312514031894/d667915dex991.htm)
20. [ubsi-inc.com](https://ubsi-inc.com/news/news-details/2017/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Cardinal-Financial-Corporation/default.aspx)
21. [ubsi-inc.com](https://ubsi-inc.com/news/news-details/2020/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Carolina-Financial-Corporation/default.aspx)
22. [ubsi-inc.com](https://ubsi-inc.com/news/news-details/2021/United-Bankshares-Inc.-Completes-Its-Acquisition-of-Community-Bankers-Trust-Corporation/default.aspx)
23. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P19392998)
24. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=P119564484)
25. [www.bankwithunited.com](https://www.bankwithunited.com/news/mergers-acquisitions/united-bankshares-inc-completes-acquisition-of-piedmont-bancorp-inc.html)
26. [UNITED BANKSHARES INC/WV — Full financial report (2025 Y)](https://app.finbar.com/go?id=D281641)

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