United Bankshares, Inc. (UBSI): Modelo de Negocio Canvas [Actualizado en Ene-2025]

Sumérgete en el intrincado mundo de United Bankshares, Inc. (UBSI), una potencia financiera dinámica que transforma la banca tradicional a través de estrategias innovadoras y enfoques centrados en el cliente. Este lienzo de modelo comercial integral revela cómo UBSI navega por el complejo panorama financiero, aprovechando soluciones digitales de vanguardia, asociaciones sólidas y un profundo compromiso con las comunidades locales al tiempo que mantiene una ventaja competitiva en el sector bancario en constante evolución. Descubra el plan estratégico que impulsa el éxito de este gigante bancario regional y lo distingue en un mercado altamente competitivo.

United Bankshares, Inc. (UBSI) - Modelo de negocios: asociaciones clave

Bancos regionales y comunitarios colaboraciones estratégicas

United Bankshares, Inc. tiene asociaciones estratégicas con múltiples bancos regionales en Virginia Occidental y los estados circundantes. A partir del cuarto trimestre de 2023, la red del banco incluye:

Banco de socios	Estado	Tipo de colaboración
Banco de la ciudad	Virginia Occidental	Fusión y adquisición
Carolina Financial	Carolina del Norte	Acuerdo de intercambio de servicios

Asociaciones de tecnología financiera (fintech)

UBSI colabora con proveedores de fintech específicos para mejorar las capacidades de banca digital:

• FISERV - Plataforma de tecnología bancaria central
• Jack Henry & Asociados - Soluciones de pago digital
• Visa - Infraestructura de procesamiento de pagos

Colaboraciones de proveedores de seguros

United Bankshares mantiene asociaciones con proveedores de seguros para servicios financieros integrados:

Socio	Servicios	Año de asociación
Seguro nacional	Productos de seguro personal y comercial	2020
Seguro de viajero	Soluciones de gestión de riesgos	2019

Asociaciones locales de redes comerciales

UBSI se involucra activamente con las redes comerciales locales en sus regiones operativas:

• Cámara de Comercio de Virginia Occidental - Miembro desde 2015
• Asociación de Banqueros de Virginia - Participante activo
• Consejos regionales de desarrollo económico

Colaboraciones de la empresa de inversión y gestión de patrimonio

United Bankshares se asocia con empresas de inversión para proporcionar servicios integrales de gestión de patrimonio:

Socio de inversión	Alcance de colaboración	Activos bajo administración
Raymond James	Programa de referencia de gestión de patrimonio	$ 125 millones (2023)
Morgan Stanley	Servicios de planificación de jubilación	$ 85 millones (2023)

United Bankshares, Inc. (UBSI) - Modelo de negocios: actividades clave

Servicios de banca comercial y minorista

A partir del cuarto trimestre de 2023, United Bankshares, Inc. reportó activos totales de $ 26.3 mil millones. El banco opera 237 oficinas bancarias en West Virginia, Virginia, Maryland, Pensilvania, Washington D.C. y Ohio.

Categoría de servicio bancario	Volumen total (2023)
Préstamo comercial	$ 15.7 mil millones
Cuentas bancarias minoristas	387,000 cuentas de clientes
Servicios de depósito	$ 22.1 mil millones en depósitos totales

Originación de préstamo y gestión de cartera

United Bankshares mantiene una cartera de préstamos diversificada con un enfoque estratégico en sectores específicos.

• Préstamos comerciales de bienes raíces: $ 8.9 mil millones
• Préstamos comerciales e industriales: $ 4.2 mil millones
• Préstamos hipotecarios residenciales: $ 3.6 mil millones
• Préstamos al consumidor: $ 1.5 mil millones

Desarrollo de la plataforma de banca digital

La inversión en infraestructura digital refleja el compromiso con el avance tecnológico.

Métrica de banca digital	2023 rendimiento
Usuarios de banca móvil	212,000
Transacciones bancarias en línea	43.2 millones de transacciones anuales
Inversión de plataforma digital	$ 17.3 millones

Asesoramiento financiero y gestión de patrimonio

United Bank Wealth Management proporciona servicios financieros integrales.

• Activos bajo administración: $ 2.8 mil millones
• Clientes de gestión de patrimonio: 14,500
• Tamaño promedio de la cartera de clientes: $ 193,000

Estrategias de fusión y adquisición

Expansión estratégica a través de adquisiciones bancarias específicas.

Detalles de adquisición	2023 rendimiento
Transacciones totales de M&A	2 adquisiciones bancarias regionales
Valor de adquisición total	$ 487 millones
Nueva expansión del mercado	2 mercados estatales adicionales ingresados

United Bankshares, Inc. (UBSI) - Modelo de negocios: recursos clave

Red de sucursal extensa

United Bankshares, Inc. opera con 271 oficinas bancarias totales en múltiples estados a partir de 2023, específicamente concentrados en West Virginia, Virginia, Maryland, Pensilvania y Washington D.C.

Estado	Número de ramas
Virginia Occidental	129
Virginia	72
Maryland	35
Pensilvania	22
Washington D.C.	13

Infraestructura bancaria digital

Capacidades de la plataforma digital:

• Aplicación de banca móvil
• Plataforma bancaria en línea
• Sistemas de procesamiento de transacciones digitales
• Tecnología de captura de depósitos remotos

Equipo de gestión financiera

Composición de liderazgo a partir de 2023:

Posición	Nombre
Presidente/CEO	Richard M. Adams Jr.
Director financiero	John A. Pollock

Reservas de capital

Métricas financieras a partir del tercer trimestre 2023:

• Activos totales: $ 26.4 mil millones
• Equidad total de los accionistas: $ 3.4 mil millones
• Relación de capital de nivel 1: 13.52%
• Relación total de capital basado en el riesgo: 14.78%

Sistemas tecnológicos

Inversiones de ciberseguridad:

• Presupuesto anual de seguridad de TI: $ 12.7 millones
• Infraestructura de seguridad de varias capas
• Protocolos de cifrado avanzados
• Sistemas de monitoreo de amenazas 24/7

United Bankshares, Inc. (UBSI) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para comunidades locales

United Bankshares, Inc. atiende a 164 ubicaciones de servicios financieros en West Virginia, Ohio, Pensilvania, Maryland y Virginia a partir de 2023.

Cobertura del mercado	Número de ubicaciones	Estados atendidos
Sucursales de servicios financieros	164	5 estados

Tasas de interés competitivas y productos financieros

A partir del cuarto trimestre de 2023, United Bankshares ofreció las siguientes tarifas competitivas:

Producto	Tasa de interés	Depósito mínimo
Cuenta de ahorro personal	0.50% - 1.25%	$100
Cuenta del mercado monetario	1.75% - 3.00%	$1,000
Certificado de depósito (12 meses)	3.50% - 4.25%	$500

Servicios bancarios digitales y tradicionales integrales

• Aplicación de banca móvil con una tasa de satisfacción del usuario del 95%
• Servicios de pago de facturas en línea
• Gestión de cuentas digitales 24/7
• Depósito de cheque móvil
• Alertas de transacciones en tiempo real

Enfoque de cliente basado en la relación

United Bankshares mantiene un Tasa de retención de clientes del 87% a través de relaciones bancarias personalizadas.

Toma de decisiones locales y procesamiento rápido de préstamos

Tipo de préstamo	Tiempo de procesamiento promedio	Tasa de aprobación
Préstamos personales	2-3 días hábiles	75%
Préstamos para pequeñas empresas	5-7 días hábiles	68%
Préstamos hipotecarios	14-21 días hábiles	82%

United Bankshares, Inc. (UBSI) - Modelo de negocios: relaciones con los clientes

Servicio al cliente personalizado

United Bankshares, Inc. ofrece un servicio al cliente personalizado a través de múltiples canales:

Canal de servicio	Métricas de interacción del cliente
Soporte basado en sucursales	47 ubicaciones de banca de servicio completo en West Virginia y Virginia
Centro de llamadas	Horario extendido Atención al cliente: 7:30 am - 7:00 pm de lunes a viernes
Calificación de satisfacción del cliente	4.2/5 basado en encuestas recientes de comentarios de los clientes

Gerentes de relaciones dedicadas

UBSI ofrece servicios especializados de gestión de relaciones:

• Banqueros personales dedicados para cuentas comerciales
• Soluciones financieras personalizadas para clientes de alto nivel de red
• Tamaño promedio de la cartera de clientes: $ 2.5 millones para gerentes de relaciones comerciales

Soporte bancario en línea y móvil

Métricas bancarias digitales	Estadística
Usuarios de banca móvil	78,500 usuarios de aplicaciones móviles activas
Penetración bancaria en línea	62% de la base total de clientes
Volumen de transacción digital	3.2 millones de transacciones digitales mensuales

Compromiso centrado en la comunidad

Inversión comunitaria local: $ 1.4 millones en programas de desarrollo comunitario en 2023

• Programas de patrocinio locales
• Apoyo para eventos comunitarios
• Iniciativas de educación financiera

Consultas de asesoramiento financiero regular

Servicio de asesoramiento	Detalles
Clientes de gestión de patrimonio	12,500 clientes de gestión de patrimonio activo
Frecuencia de consulta promedio	Sesiones trimestrales de revisión financiera
Activos de asesoramiento bajo administración	$ 1.8 mil millones en activos administrados

United Bankshares, Inc. (UBSI) - Modelo de negocios: canales

Red de sucursales físicas

A partir de 2024, United Bankshares, Inc. opera 252 sucursales en múltiples estados, principalmente en West Virginia, Virginia, Maryland, Pensilvania y Washington D.C.

Estado	Número de ramas
Virginia Occidental	126
Virginia	58
Maryland	32
Pensilvania	24
Washington D.C.	12

Plataforma bancaria en línea

La plataforma digital de United Bank es compatible con Más de 175,000 usuarios bancarios en línea activos con características que incluyen:

• Gestión de cuentas
• Servicios de pago de facturas
• Transferencias de fondos
• Historial de transacciones
• Declaraciones electrónicas

Aplicación de banca móvil

La aplicación de banca móvil tiene 112,000 usuarios mensuales activos con estadísticas de descarga:

Plataforma	Descargas totales
Apple App Store	78,500
Google Play Store	65,300

Red de cajeros automáticos

United Bankshares mantiene 328 ubicaciones de cajeros automáticos, con:

• 252 cajeros automáticos
• 76 cajeros automáticos de la red de socios

Centros de llamadas de servicio al cliente

Operando con 187 Representantes de servicio al cliente, los centros de llamadas manejan:

Categoría de servicio	Interacciones mensuales promedio
Soporte de cuentas	42,500
Apoyo técnico	18,200
Consultas de préstamos	12,800

United Bankshares, Inc. (UBSI) - Modelo de negocios: segmentos de clientes

Empresas pequeñas a medianas

A partir de 2024, United Bankshares atiende a aproximadamente 3.500 pequeñas a medianas empresas en su huella regional. Cartera total de préstamos comerciales para este segmento: $ 2.1 mil millones.

Categoría de tamaño del negocio	Número de clientes	Monto promedio del préstamo
Micro empresas (1-9 empleados)	1,750	$275,000
Pequeñas empresas (10-49 empleados)	1,250	$625,000
Empresas medianas (50-250 empleados)	500	$1,250,000

Clientes de banca minorista individual

Total de clientes de banca minorista: 287,000. Desglose por tipo de cuenta:

• Cuentas corrientes: 156,000
• Cuentas de ahorro: 98,000
• Cuentas del mercado monetario: 33,000

Empresas comerciales locales

El segmento de banca comercial representa $ 4.3 mil millones en préstamos comerciales e industriales totales. Concentraciones clave de la industria:

Sector industrial	Valor de la cartera de préstamos	Porcentaje de préstamos comerciales
Bienes raíces	$ 1.6 mil millones	37.2%
Fabricación	$ 872 millones	20.3%
Cuidado de la salud	$ 516 millones	12%

Clientes de gestión de patrimonio

El segmento de gestión de patrimonio atiende a 12.500 individuos de alto nivel de red. Activos bajo administración: $ 2.9 mil millones.

Nivel de riqueza del cliente	Número de clientes	Valor de cartera promedio
High-Net-Worth ($ 1M- $ 10M)	9,750	$ 1.8 millones
Ultra-altura de la red (> $ 10M)	2,750	$ 6.5 millones

Inversores institucionales

Los servicios de inversión institucional cubren 275 clientes institucionales con activos administrados totales de $ 1.7 mil millones.

Tipo de cliente institucional	Número de clientes	Activos totales administrados
Fondos de pensiones	85	$ 620 millones
Dotación	45	$ 340 millones
Cimientos	95	$ 420 millones
Tesoros corporativos	50	$ 320 millones

United Bankshares, Inc. (UBSI) - Modelo de negocio: Estructura de costos

Operaciones y mantenimiento de la sucursal

A partir de 2024, United Bankshares, Inc. opera 276 oficinas bancarias en múltiples estados. El mantenimiento anual de la sucursal y los costos operativos se estiman en $ 42.3 millones.

Categoría de costos	Gasto anual
Alquiler de la instalación	$ 18.7 millones
Utilidades	$ 5.6 millones
Mantenimiento	$ 12.4 millones
Seguridad	$ 5.6 millones

Tecnología e inversiones en infraestructura digital

United Bankshares asigna $ 24.5 millones anuales para tecnología y desarrollo de infraestructura digital.

• Actualizaciones del sistema bancario central: $ 8.2 millones
• Inversiones de ciberseguridad: $ 6,7 millones
• Plataforma de banca digital: $ 5.9 millones
• Mantenimiento de infraestructura de TI: $ 3.7 millones

Salarios y beneficios de los empleados

La compensación total de los empleados para 2024 se proyecta en $ 187.6 millones.

Categoría de compensación	Costo anual
Salarios base	$ 132.4 millones
Seguro médico	$ 22.3 millones
Beneficios de jubilación	$ 18.6 millones
Bonos de rendimiento	$ 14.3 millones

Gastos de cumplimiento regulatorio

Los costos anuales de cumplimiento regulatorio para United Bankshares son $ 15.7 millones.

• Personal legal y de cumplimiento: $ 6.4 millones
• Auditoría e informes: $ 4.2 millones
• Tecnología regulatoria: $ 3.5 millones
• Capacitación y educación: $ 1.6 millones

Costos de marketing y adquisición de clientes

El gasto de marketing para 2024 se estima en $ 11.2 millones.

Canal de marketing	Gasto anual
Marketing digital	$ 4.6 millones
Medios tradicionales	$ 3.8 millones
Patrocinios comunitarios	$ 1.7 millones
Campañas de adquisición de clientes	$ 1.1 millones

United Bankshares, Inc. (UBSI) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2022, United Bankshares, Inc. informó ingresos por intereses netos de $ 619.8 millones. El desglose de la cartera de préstamos al 31 de diciembre de 2022 fue el siguiente:

Categoría de préstamo	Monto total ($)
Inmobiliario comercial	$ 7.4 mil millones
Inmobiliario residencial	$ 3.2 mil millones
Préstamos comerciales e industriales	$ 2.9 mil millones
Préstamos al consumo	$ 1.1 mil millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2022 totalizaron $ 127.3 millones, con la siguiente estructura de tarifas:

• Tarifas de mantenimiento de la cuenta
• Tarifas de procesamiento de transacciones
• Cargos por sobregiro
• Tarifas de transferencia de cables

Comisiones de inversión y gestión de patrimonio

Los ingresos por servicios de inversión para 2022 fueron de $ 42.6 millones, que comprenden:

Categoría de servicio	Ingresos ($)
Tarifas de gestión de activos	$ 24.3 millones
Servicios de asesoramiento financiero	$ 12.5 millones
Comisiones de corretaje	$ 5.8 millones

Tarifas de transacción bancaria digital

Los ingresos bancarios digitales para 2022 fueron de $ 18.7 millones, con el siguiente desglose:

• Tarifas de transacción bancaria en línea: $ 8.2 millones
• Tarifas de transacción bancaria móvil: $ 6.5 millones
• Tarifas de transacción de cajeros automáticos: $ 4.0 millones

Ingresos de productos hipotecarios y de préstamos

Los ingresos por productos hipotecarios y de préstamos para 2022 ascendieron a $ 89.4 millones:

Categoría de productos	Ingresos ($)
Tarifas de origen de la hipoteca	$ 52.6 millones
Tarifas de servicio de préstamos	$ 23.8 millones
Tarifas de refinanciación	$ 13.0 millones

United Bankshares, Inc. (UBSI) - Canvas Business Model: Value Propositions

You're looking at the core promises United Bankshares, Inc. makes to its customers and investors; these are the reasons people choose them over a competitor. For a financial holding company with a banking tradition stretching back to 1839, stability is a huge part of the value proposition.

The most concrete proof of this stability for shareholders is the dividend record. United Bankshares, Inc. delivered its 52nd consecutive year of increased annual dividends, with the total for 2025 amounting to $1.49 per share. That kind of consistency is rare in the banking sector, signaling management's confidence in sustained profitability.

The service model itself is built around blending scale with local knowledge. United Bankshares, Inc. operates over 240 full-service banking offices across a nine-state footprint, including Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia. This physical presence supports a local decision-making model designed to keep banking responsive to community needs, such as providing fast, local decision-making for point-of-sale deals in commercial lending.

The product offering is comprehensive, covering the full suite of commercial and retail banking needs. You'll find they offer everything from basic deposit accounts to specialized lending and wealth services.

• Acceptance of deposits in checking, savings, time, and money market accounts.
• Making and servicing of personal, credit card, commercial, and floor plan loans.
• Trust and brokerage services, safe deposit boxes, and wire transfers.
• Treasury management and wealth management services.

The financial performance in 2025 backs up these promises. For instance, the third quarter of 2025 saw record net income of $130.7 million, translating to diluted earnings per share (EPS) of $0.92. This operational strength underpins the value delivered to stakeholders.

Here's a quick look at the scale and recent performance metrics that define the current value proposition:

Metric	Value/Range	Context/Date
Total Consolidated Assets	Approximately $33.407 billion	As of September 30, 2025
Total Annual Dividend (2025)	$1.49 per share	Full Year 2025
Consecutive Dividend Increases	52nd year	As of 2025
Q3 2025 Net Interest Income (NII)	$280.1 million	Third Quarter 2025
Full Year 2025 NII Projection	$1.093 billion to $1.100 billion	Management Guidance
Office Footprint	Over 240 offices	Across nine states and D.C.

The commitment to service also involves accessibility; for example, United Bankshares, Inc. provides service in over 170 languages on demand through a call center partnership and ensures ATMs are ADA-compliant. This focus on relationship-based banking helps drive noninterest income, which management projected to be in the range of $125 million to $135 million for the full fiscal year 2025.

United Bankshares, Inc. (UBSI) - Canvas Business Model: Customer Relationships

You're looking at how United Bankshares, Inc. keeps its customers close, which is key for a regional player competing against the giants. Their approach is definitely a blend of old-school banking presence and modern efficiency.

Relationship-driven, high-touch service through branch network

United Bankshares, Inc. relies heavily on its physical footprint to deliver that high-touch service you expect from a community bank, even as they grow. As of March 31, 2025, United Bank, the primary subsidiary, operated more than 240 offices. This network spans eight states plus Washington, D.C., including West Virginia, Ohio, Virginia, Maryland, North Carolina, South Carolina, Pennsylvania, and Georgia. This physical presence supports their asset base, which stood at approximately $33 billion as of the third quarter of 2025. The strategy here is clear: be physically present where your core customers live and work.

Dedicated commercial lending officers for business clients

For your business clients, United Bankshares, Inc. structures its relationship management around dedicated personnel. You see this reflected in their executive structure, with Michael Proctor serving as the Chief Commercial Lending Officer and Executive Vice President. This role signals a commitment to having senior leadership focused on the commercial relationship side of the business, which is defintely where deep, personal banking ties are forged. While I don't have the exact ratio of dedicated officers to business clients for late 2025, the organizational emphasis is on direct, high-value interaction for commercial needs.

Automated self-service for routine digital transactions

To handle the day-to-day, United Bankshares, Inc. supports its relationship model with digital tools for routine tasks. The focus isn't on replacing the branch banker but on making simple transactions faster. You can see the efficiency gains reflected in their profitability metrics, which are strong enough to support consistent shareholder actions. For instance, the annualized Return on Average Assets in the third quarter of 2025 hit 1.57%.

Here are some key financial results that show the strength supporting these customer relationships:

Metric	Period/Date	Value
Consolidated Assets	March 31, 2025	Approximately $33 billion
Office Count (United Bank)	March 31, 2025	More than 240
Net Income	Q3 2025	$130.7 million
Earnings Per Share (Diluted)	Q3 2025	$0.92
Annualized Return on Average Assets	Q3 2025	1.57%

Investor relations focused on consistent shareholder returns

The relationship with shareholders is managed through a clear track record of financial discipline and return. United Bankshares, Inc. has a long history of rewarding its owners. In 2024, the company increased its dividend for the 51st consecutive year, moving it from $1.45 to $1.48. This consistency is a core part of their investor value proposition. Furthermore, the long-term performance speaks volumes; since the KBW Bank Index started in 1992, UBSI stock has delivered a total shareholder return of 1,387%, significantly outpacing the Index return of 1,108%. You can track these results through their regular reporting schedule, such as the Q3 2025 earnings release on October 23, 2025.

The key elements of this relationship strategy include:

• Maintaining a physical presence with over 240 offices across a multi-state footprint.
• Focusing commercial efforts through dedicated executive roles like the Chief Commercial Lending Officer.
• Delivering consistent capital returns, evidenced by the 51st consecutive annual dividend increase in 2024.
• Outperforming the peer index over the long term by 1,387% since 1992.

Finance: review the Q4 2025 dividend projection against the Q3 2025 EPS of $0.92 by next Tuesday.

United Bankshares, Inc. (UBSI) - Canvas Business Model: Channels

You're looking at how United Bankshares, Inc. (UBSI) gets its services to customers, which is a mix of old-school presence and modern digital tools.

Extensive physical branch network remains a core channel, anchoring the business in the communities it serves. As of late 2025, United Bankshares, Inc. operates over 240 offices. These physical touchpoints span a significant geographic footprint across Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia. This physical scale supports the overall consolidated asset base, which stood at $33.407B for the quarter ending September 30, 2025.

Digital access is delivered through online and mobile banking platforms. United Bankshares, Inc. explicitly offers exploration of its Online Banking and Mobile Banking services, including integration with Zelle®. These platforms help customers manage accounts and conduct transactions digitally.

For more sophisticated needs, the firm channels services through its brokerage services and wealth management divisions. These divisions offer Financial Planning, Investing Solutions, and Retirement Planning. The financial contribution from this channel shows up in noninterest income; fees from brokerage services increased by $1.4 million in the third quarter of 2025 compared to the second quarter of 2025.

Here's a quick look at the scale across these primary channels as of the latest reported data:

Channel Metric	Value/Data Point	Reporting Period/Context
Physical Offices	Over 240	Late 2025 Footprint
Consolidated Assets	$33.407B	As of September 30, 2025
Brokerage Fees Change	$1.4 million increase	Q3 2025 vs. Q2 2025
Return on Average Assets (ROAA)	1.49% annualized	Q2 2025

The final listed channel involves ATMs and third-party payment networks. While United Bankshares, Inc. is part of the broader financial ecosystem, specific figures for the total number of proprietary ATMs or the extent of its participation in third-party networks are not explicitly detailed in the recent public financial disclosures reviewed. Still, the digital offerings suggest reliance on established payment rails.

• Geographic Reach: 9 states plus Washington, D.C.
• Digital Offerings: Online Banking and Mobile Banking use.
• Wealth Services: Includes Fiduciary & Trust Services.

Finance: draft 13-week cash view by Friday.

United Bankshares, Inc. (UBSI) - Canvas Business Model: Customer Segments

You're looking at the core groups United Bankshares, Inc. (UBSI) serves, which directly informs where they deploy capital and resources across their footprint.

Retail customers in Mid-Atlantic and Southeast MSAs

United Bankshares, Inc. serves retail banking needs across a nine-state footprint that includes the Mid-Atlantic and Southeast regions. As of the third quarter of 2025, United Bankshares, Inc. had total assets of $33.407B and operated 200 offices across eight states and Washington D.C.. The company achieved the number one deposit market share position in West Virginia based on the 2024 FDIC Summary of Deposits. The loan portfolio composition shows that Retail loans accounted for 16% of the portfolio as of the Third Quarter 2025 Earnings Review.

The geographic reach supporting these customers includes:

• Washington, D.C.
• Virginia
• West Virginia
• Maryland
• North Carolina
• South Carolina
• Ohio
• Pennsylvania
• Georgia

Small to mid-sized commercial businesses (CRE, C&I loans)

Commercial lending, particularly Commercial Real Estate (CRE), is a major focus. Loan growth in the third quarter of 2025 was strong in the Georgia, North Carolina, and Central Virginia markets, with annualized growth rates exceeding 20%. Total loans stood at approximately $24.2 billion as of Q3 2025. The CRE portfolio remains diversified, but specific segments show concentration:

Commercial Segment Detail	Amount/Percentage (as of 9/30/25 or 3Q25)	Reference Point
Non Owner Occupied Office Loans	~$0.8 billion	~3.5% of total loans
Top 60 Office Loans as % of Non Owner Occupied Office Balances	~70%
Non Owner Occupied CRE to Total Risk Based Capital	~294%	At 3Q25

The company reported that approximately 52% of the total loan portfolio is fixed rate, with 48% being adjustable rate as of September 30, 2025.

High-net-worth individuals for wealth management services

United Bankshares, Inc. offers wealth management services alongside its core banking products. While specific Assets Under Management (AUM) for the wealth segment as of late 2025 isn't explicitly detailed in the provided data, the overall consolidated assets for United Bankshares, Inc. were over $33 billion as of September 30, 2025. The company also generates non-interest income from services like brokerage, which increased by $0.7 million in the first quarter of 2025.

Shareholders seeking consistent dividend income

Shareholders are a key segment, evidenced by the focus on consistent returns. United Bankshares, Inc. achieved its 52nd consecutive annual increase in dividends. The total dividends declared for Fiscal Year 2025 reached $1.49 per share. The most recent announced quarterly dividend was $0.38 per share for shareholders of record as of December 12, 2025. The annual dividend is stated as $1.48 per share, with a payout ratio sitting near 49% of earnings.

Key metrics relevant to the shareholder segment include:

• Annual Dividend: $1.48 per share
• Forward Dividend Yield (as of Nov 16, 2025): 4.07%
• Payout Ratio: 48.80%
• Return on Average Tangible Equity (ROATCE) in Q3 2025: 15.45%

Finance: draft 13-week cash view by Friday.

United Bankshares, Inc. (UBSI) - Canvas Business Model: Cost Structure

The Cost Structure for United Bankshares, Inc. (UBSI) is heavily influenced by funding costs and operational overhead necessary to support its network of over 240 offices across Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia.

The primary driver of cost remains the Significant interest expense on deposits and borrowings, which is directly tied to the cost of funds in the prevailing rate environment. For example, in the first quarter of 2025, the total Interest Expense was reported as $143.592 million. This expense is a function of the increasing average interest-bearing deposits, which rose by $2.9 billion from the second quarter of 2024 to the second quarter of 2025. Conversely, average long-term borrowings decreased by $739.6 million over the same period, providing some offset.

Selected Interest Expense Components (USD Millions)

Expense Category	Q1 2025 (Reported)	Q3 2025 (Quarterly Data Point)
Deposits Interest Expense	N/A	$136
Short-Term Borrowings Interest Expense	N/A	$2.35
Long-Term Debt Interest Expense	N/A	$35
Total Interest Expense (Q1 2025)	$143.592	N/A

For the full fiscal year 2025, United Bankshares, Inc. has provided guidance for Non-interest expense projected between $605 million to $615 million. This figure includes the costs associated with maintaining the physical footprint and supporting the workforce.

Employee compensation and benefits form a substantial part of the non-interest expense. As of the 2024 Annual Report (data as of January 10, 2025), United Bankshares, Inc. had 2,700 team members. A more recent update from October 3, 2025, indicates the company has grown to employ 3000+ professionals worldwide. For instance, one quarterly filing showed Salaries and Employee Benefits expense at $210 million in one period and $122 million in another.

The cost related to managing credit risk is captured in the Provision for credit losses. The current planning assumption for total provision expense for FY 2025 is set at $52 million, which includes a Day 2 merger-related CECL provision expense of $19 million recorded in the first quarter of 2025. This compares to quarterly provision expenses of $29.1 million in Q1 2025 and $12.1 million in Q3 2025.

Provision for Credit Losses (PCL) Context (USD Millions)

Period	Reported PCL Expense	Notes
FY 2025 Planning Assumption (Total)	$52	Includes $19 million Day 2 merger-related CECL provision
Q1 2025	$29.1	Included $18.7 million for non-PCD loans from Piedmont
Q2 2025	$5.9
Q3 2025	$12.1

Finally, supporting the bank's operations across its physical locations and digital channels involves significant Technology and infrastructure costs for digital platforms. While a specific dollar amount for digital platform costs isn't isolated, the overall non-interest expense projection of $605 million to $615 million for 2025 encompasses these necessary technology investments to maintain competitive service delivery.

Key components contributing to the overall cost base include:

• Significant interest paid on interest-bearing deposits.
• Compensation and benefits for over 3000+ professionals.
• Operating costs across more than 240 offices.
• Projected total provision expense of $52 million for FY 2025.
• Merger-related expenses included in the 2025 non-interest expense guidance.

Finance: draft 13-week cash view by Friday.

United Bankshares, Inc. (UBSI) - Canvas Business Model: Revenue Streams

The primary engine for United Bankshares, Inc. (UBSI) revenue generation centers on its core banking activities, specifically the spread between interest earned on assets and interest paid on liabilities, supplemented by fee-based services.

Net Interest Income (NII) from Loans and Securities

Net Interest Income is the most substantial component of United Bankshares, Inc.'s top line. This reflects the interest United Bankshares, Inc. earns from its loan portfolio and securities investments, less the interest expense paid on customer deposits and borrowings. For the third quarter of 2025, United Bankshares, Inc. reported a record Net Interest Income of $280.1 million. This Q3 2025 figure represented a 2% increase, or $5.6 million, from the second quarter of 2025. The growth in NII was attributed to an increase in average earning assets, a lower average rate paid on deposits, and income from acquired loan accretion.

Looking forward, the full-year projection for Net Interest Income (non-FTE) for FY 2025 is expected to fall between $1.093 billion to $1.100 billion. This projection was based on assumptions that included two additional 25 basis point rate cuts in the fourth quarter of 2025. The loan portfolio structure impacts this stream, with approximately 52% of the loan portfolio being fixed rate and about 48% being adjustable rate as of late 2025. Furthermore, scheduled purchase accounting loan accretion is estimated at approximately $31 million for the entirety of FY 2025.

Non-interest income from service charges and fees

Non-interest income provides a vital, fee-based diversification to the interest income stream. For the full fiscal year 2025, the projection for total Non-interest income is set between $115 million to $125 million. [cite: User Provided Outline Data] The most recently reported quarter, Q3 2025, saw Noninterest Income reach $43.2 million, which was a 37% increase from the second quarter of 2025.

This non-interest revenue is composed of several key elements, with investment securities gains and brokerage fees being notable drivers in the third quarter of 2025:

• Net gains on investment securities for Q3 2025 were $10.4 million.
• Fees from brokerage services increased by $1.4 million from the linked quarter (Q2 2025).
• The increase in noninterest income year-over-year (Q3 2025 vs Q3 2024) was 35%, or $11.3 million.

Mortgage banking and brokerage services income

Income derived from mortgage banking and brokerage services contributes directly to the Non-interest income total. The growth in brokerage fees specifically contributed to the strong third-quarter performance. The composition of the non-interest income for the third quarter of 2025 can be broken down as follows:

Revenue Component	Q3 2025 Amount (USD)	Comparison to Q2 2025
Total Noninterest Income	$43.2 million	Increase of $11.7 million
Net Gains on Investment Securities	$10.4 million	Primary driver of increase
Fees from Brokerage Services	Variable (Increased by $1.4 million)	Higher volume reported

The securities portfolio composition also plays a role in potential income volatility; approximately 13% to 14% of the securities portfolio was floating rate as of mid-2025. Securities balances of about $436 million with an average yield of about 4.0% were projected to roll off during the remainder of FY 2025.