Financial HighlightsUNITED BANKSHARES, INC. (NASDAQ - UBSI)  
 2019 FQ12018 FQ1 2018 FQ4 
Period Ended3/31/20193/31/2018Y-Y Ch (%)12/31/2018 Q-Q Ch (%)
Balance Sheet ($000)   
Total Assets19,645,13318,619,7025.5119,250,4988.20
Total Net Loans13,741,58013,101,6794.8813,595,3654.30
Total Deposits14,159,39713,646,1683.7613,994,7494.71
Equity Attributable to Parent Company3,286,8913,251,3131.093,251,6244.34
Total Equity3,286,8913,251,3131.093,251,6244.34
Profitability (%)   
Net Income ($000) 63,64261,7063.1463,950 (1.93)
Net Income Attributable to Parent ($000) 63,64261,7063.1463,950 (1.93)
ROAA1.321.33 (1)  bp 1.34 (2)  bp
Core ROAA1.341.37 (3)  bp 1.36 (2)  bp
ROAE7.777.5423  bp 7.84 (7)  bp
ROATCE14.7214.4428  bp 14.98 (26)  bp
Core ROAE7.907.7812  bp 7.94 (4)  bp
Net Interest Margin3.423.55 (13)  bp 3.50 (8)  bp
Reported: Net Interest Margin3.463.61 (15)  bp 3.50 (4)  bp
Efficiency Ratio49.0249.48 (46)  bp 49.77 (75)  bp
Noninterest Inc / Operating Rev17.5918.03 (44)  bp 16.50109  bp
Balance Sheet Ratios (%)   
Loans / Deposits95.8695.1571  bp 95.91 (5)  bp
Securities / Assets13.2012.2397  bp 13.26 (6)  bp
Total Equity / Total Assets16.7317.46 (73)  bp 16.89 (16)  bp
Tangible Equity / Tangible Assets9.7810.12 (34)  bp 9.79 (1)  bp
Tang Common Equity / Tang Assets9.7810.12 (34)  bp 9.79 (1)  bp
Asset Quality (%)   
NPAs / Assets0.700.92 (22)  bp 0.75 (5)  bp
NPA Excl Restructured / Assets0.650.84 (19)  bp 0.70 (5)  bp
NPAs & 90+ PD / Assets0.780.97 (19)  bp 0.83 (5)  bp
NPAs / Loans & REO0.991.30 (31)  bp 1.05 (6)  bp
Nonaccrual & 90+ & OREO / Assets0.730.89 (16)  bp 0.78 (5)  bp
NPAs & 90+ PD / Loans & REO1.111.37 (26)  bp 1.17 (6)  bp
NPA & Loans 90+ / Tangible Common Equity + LLR8.289.99 (171)  bp 8.81 (53)  bp
NCOs / Avg Loans0.140.16 (2)  bp 0.18 (4)  bp
Loan Loss Reserves / Gross Loans0.560.58 (2)  bp 0.560  bp
Reserves / NPAs55.9744.771,120  bp 53.21276  bp
Loan Loss Provision / NCO103.80100.50330  bp 96.07773  bp
Capital Adequacy  ()  
Tier 1 Common Capital (CET1) ($000) NA1,794,310NA1,793,682NA
Tier 1 Capital ($000) NA1,794,310NA1,793,682NA
Tier 2 Capital ($000) NA325,408NA326,092NA
Total Capital ($000) NA2,119,718NA2,119,774NA
Total Risk-weighted Assets ($000) NA14,498,198NA14,746,355NA
Tier 1 Common Capital (CET1) Ratio (%) 12.0212.38 (36)  bp 12.16 (14)  bp
Tier 1 Ratio (%) 12.0212.38 (36)  bp 12.16 (14)  bp
Total Capital Ratio (%) 14.1914.62 (43)  bp 14.37 (18)  bp
Liquidity Coverage Ratio (%) NANANANANA
Leverage Ratio (%) 10.1610.48 (32)  bp 10.133  bp
Basel III Leverage Ratio (%) NANANANANA
Per Share Information ($)   
Common Shares Outstanding (actual) 102,118,029105,141,170 (2.88) 102,323,488 (0.80)
Avg Diluted Shares (actual) 102,162,704105,162,858 (2.85) 103,164,267 (3.88)
Basic Book Value per Share32.1930.924.1131.785.16
Book Value per Share, As Reported32.1930.924.1131.785.16
Basic Tangible Book Value per Share17.3716.455.5916.979.43
Tangible Book Value per Share, As Reported17.3716.455.5916.979.43
Common Dividends Declared per Share0.340.3400.340
EPS after Extra0.620.595.080.620
EPS after Extra Growth (%) 5.1022.90 (1,784)  bp 264.70 (25,963)  bp
Core EPS0.630.613.280.630
Core EPS Growth (%) 3.5030.50 (2,700)  bp 14.10 (1,060)  bp
Diluted EPS before Amortization0.640.614.920.640
Pre-Provision Earnings per Share0.660.643.130.656.15
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.



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