United Bankshares sets $0.37 Q2 dividend

Published 14/05/2025, 20:34
United Bankshares sets $0.37 Q2 dividend

WASHINGTON & CHARLESTON, W.Va. - United Bankshares, Inc. (NASDAQ: UBSI) has declared a quarterly dividend of $0.37 per share for the second quarter of 2025 for shareholders on record as of June 13, 2025. The dividend is set to be distributed on July 1, 2025, involving a total payout of approximately $52.6 million based on the current number of outstanding shares.

According to InvestingPro data, United Bankshares has maintained dividend payments for 42 consecutive years and raised them for 36 years straight. The company maintains a "GOOD" overall financial health score, supporting its ability to continue rewarding shareholders. This achievement places United Bankshares among the top U.S. banking companies for consistent dividend growth.

United Bankshares, a financial entity with a broad presence, reported consolidated assets of around $33 billion as of March 31, 2025. The company operates United Bank, which has an extensive network of more than 240 offices across various states including Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia.

The company’s performance and shareholder returns are closely watched by investors, especially those interested in the banking sector’s dividend-paying stocks. Trading at a P/E ratio of 13.7, InvestingPro analysis suggests the stock is currently undervalued based on its Fair Value model. United Bankshares’ stock is publicly traded on the NASDAQ Global Select Market, providing accessibility to a wide range of investors. For more undervalued opportunities in the market, investors can explore the most undervalued stocks list.

This announcement is based on a press release statement from United Bankshares, Inc.

In other recent news, United Bankshares Inc. reported a strong first-quarter performance, highlighted by a core return on assets of 1.2%. This financial resilience has been a key factor in Raymond James maintaining an Outperform rating for the company, with a price target of $42.00. The bank’s strategic expansion into the Atlanta market is viewed positively by analysts, who believe it will enhance the bank’s franchise value, similar to its previous growth in the Carolinas. Additionally, United Bankshares repurchased approximately 1% of its outstanding shares, demonstrating its strong capital position.

Meanwhile, Piper Sandler has resumed coverage of United Bankshares with a Neutral rating and a price target of $38.50. This target price is based on a valuation of approximately 12.5 times the estimated earnings per share for 2026, slightly above the median multiple of its peers. Piper Sandler highlights the bank’s profitability and potential for strategic capital deployment, such as mergers and acquisitions, as positive factors. However, concerns about the bank’s exposure to the Washington D.C. Metropolitan Statistical Area could limit its stock performance. Despite these geographical risks, United Bankshares’ strong financial position remains a focal point for analysts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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