Banking & Finance

United Bankshares Inc. conducts annual meeting of shareholders

By Staff Report, posted 3 years ago

United Bankshares Inc., a $27 billion regional financial services company and headquartered in Washington, D.C. virtually conducted its Annual Meeting of Shareholders May 12.

United Chairman of the Board and Chief Executive Officer Richard M. Adams pointed to “strong performance for our shareholders, our team members, our customers, and our communities. 

During the current administration, United has grown from a single-office, $100 million bank in Parkersburg, West Virginia, to over $27 billion in assets and 223 offices in West Virginia, Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, and the nation’s capital. 

As of December 31, 2020, United was ranked the 37th largest banking company in the nation based upon market capitalization. 

United Bankshares, Inc. has consolidated assets of approximately $27 billion and is the parent company of United Bank, comprising 203 full-service banking offices and 20 loan origination offices, including two offices in Fayetteville North Carolina as well as Virginia, West Virginia, Maryland, South Carolina, Ohio, Pennsylvania, Georgia and Washington, D.C. United’s stock is traded on the NASDAQ Global Select Market under the quotation symbol “UBSI.”

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

A lifetime of service

Clark, a retired surgeon and businessman, is a longtime supporter of Methodist University with deep roots in theFayetteville community. Clark is also well known for his dominance on the basketball court as a center for the University of North Carolin


Editor's note: Countdown to the holidays

Greetings and may I be the first to wish a happy holiday season to you, our readers. As we have finally passed Halloween, the countdown to Thanksgiving and Christmas has officially begun! I’m sure that by this issue’s release on Nov. 1, the Chri


Hurricane Helene support: NCMBC partners with NCDOT to find qualified vendors to help with rebuilding western NC after Hurricane Helene

To do their part, the North Carolina Military Business Center is monitoring federal, state and local government contracting opportunities to support Western Carolina and inform the businesses that can assist with the recovery and rebuilding effort. P