United Bankshares, Inc. (UBSI): Modelo de negócios Canvas [Jan-2025 Atualizado]

Mergulhe no intrincado World of United Bankshares, Inc. (UBSI), uma potência financeira dinâmica que transforma o banco tradicional por meio de estratégias inovadoras e abordagens centradas no cliente. Este modelo abrangente de negócios revela como o UBSI navega no cenário financeiro complexo, alavancando soluções digitais de ponta, parcerias robustas e um profundo compromisso com as comunidades locais, mantendo uma vantagem competitiva no setor bancário em constante evolução. Descubra o plano estratégico que impulsiona o sucesso da gigante bancária regional e a diferencia em um mercado altamente competitivo.

United Bankshares, Inc. (UBSI) - Modelo de negócios: Parcerias -chave

Colaborações estratégicas de bancos regionais e comunitários

A United Bankshares, Inc. possui parcerias estratégicas com vários bancos regionais na Virgínia Ocidental e nos Estados vizinhos. A partir do quarto trimestre 2023, a rede do banco inclui:

Banco Parceiro	Estado	Tipo de colaboração
Banco da cidade natal	Virgínia Ocidental	Fusão e aquisição
Carolina Financial	Carolina do Norte	Contrato de compartilhamento de serviços

Parcerias de Tecnologia Financeira (Fintech)

A UBSI colabora com fornecedores específicos de fintech para aprimorar os recursos bancários digitais:

• FISERV - Plataforma de tecnologia bancária principal
• Jack Henry & Associados - Soluções de pagamento digital
• VISA - Infraestrutura de processamento de pagamento

Colaborações de provedores de seguros

O United Bankshares mantém parcerias com provedores de seguros para serviços financeiros integrados:

Parceiro de seguro	Serviços	Ano de parceria
Seguro nacional	Produtos de seguro pessoal e comercial	2020
Seguro de viajantes	Soluções de gerenciamento de riscos	2019

Parcerias de rede de negócios locais

A UBSI se envolve ativamente com redes comerciais locais em suas regiões operacionais:

• Câmara de Comércio da Virgínia Ocidental - Membro desde 2015
• Virginia Bankers Association - participante ativo
• Conselhos regionais de desenvolvimento econômico

Colaborações da empresa de gestão de investimentos e patrimônio

A United Bankshares faz parceria com empresas de investimento para fornecer serviços abrangentes de gerenciamento de patrimônio:

Parceiro de investimento	Escopo de colaboração	Ativos sob gestão
Raymond James	Programa de referência de gestão de patrimônio	US $ 125 milhões (2023)
Morgan Stanley	Serviços de planejamento de aposentadoria	US $ 85 milhões (2023)

United Bankshares, Inc. (UBSI) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de varejo

A partir do quarto trimestre de 2023, a United Bankshares, Inc. registrou ativos totais de US $ 26,3 bilhões. O Banco opera 237 escritórios bancários em West Virginia, Virgínia, Maryland, Pensilvânia, Washington DC e Ohio.

Categoria de serviço bancário	Volume total (2023)
Empréstimos comerciais	US $ 15,7 bilhões
Contas bancárias de varejo	387.000 contas de clientes
Serviços de depósito	US $ 22,1 bilhões em depósitos totais

Origem de empréstimos e gerenciamento de portfólio

O United Bankshares mantém uma carteira de empréstimos diversificada com foco estratégico em setores específicos.

• Empréstimos imobiliários comerciais: US $ 8,9 bilhões
• Empréstimos comerciais e industriais: US $ 4,2 bilhões
• Empréstimos hipotecários residenciais: US $ 3,6 bilhões
• Empréstimos ao consumidor: US $ 1,5 bilhão

Desenvolvimento da plataforma bancária digital

O investimento em infraestrutura digital reflete o compromisso com o avanço tecnológico.

Métrica bancária digital	2023 desempenho
Usuários bancários móveis	212,000
Transações bancárias online	43,2 milhões de transações anuais
Investimento de plataforma digital	US $ 17,3 milhões

Conselho financeiro e gestão de patrimônio

A United Bank Wealth Management fornece serviços financeiros abrangentes.

• Ativos sob gestão: US $ 2,8 bilhões
• Clientes de gerenciamento de patrimônio: 14.500
• Tamanho médio do portfólio de clientes: $ 193.000

Estratégias de fusão e aquisição

Expansão estratégica por meio de aquisições bancárias direcionadas.

Detalhes da aquisição	2023 desempenho
Total de transações de fusões e aquisições	2 aquisições bancárias regionais
Valor total de aquisição	US $ 487 milhões
Nova expansão do mercado	2 mercados estaduais adicionais inseridos

United Bankshares, Inc. (UBSI) - Modelo de negócios: Recursos -chave

Extensa rede de filiais

A United Bankshares, Inc. opera com 271 escritórios bancários totais em vários estados a partir de 2023, concentrados especificamente na Virgínia Ocidental, Virgínia, Maryland, Pensilvânia e Washington D.C.

Estado	Número de ramificações
Virgínia Ocidental	129
Virgínia	72
Maryland	35
Pensilvânia	22
Washington D.C.	13

Infraestrutura bancária digital

Recursos de plataforma digital:

• Aplicativo bancário móvel
• Plataforma bancária online
• Sistemas de processamento de transações digitais
• Tecnologia de captura de depósito remoto

Equipe de gestão financeira

Composição de liderança em 2023:

Posição	Nome
Presidente/CEO	Richard M. Adams Jr.
Diretor financeiro	John A. Pollock

Reservas de capital

Métricas financeiras a partir do terceiro trimestre 2023:

• Total de ativos: US $ 26,4 bilhões
• Total dos acionistas do patrimônio: US $ 3,4 bilhões
• Tier 1 Ratio de capital: 13,52%
• Total de rácio de capital baseado em risco: 14,78%

Sistemas tecnológicos

Investimentos de segurança cibernética:

• Orçamento anual de segurança de TI: US $ 12,7 milhões
• Infraestrutura de segurança de várias camadas
• Protocolos de criptografia avançada
• Sistemas de monitoramento de ameaças 24/7

United Bankshares, Inc. (UBSI) - Modelo de negócios: proposições de valor

Soluções bancárias personalizadas para comunidades locais

A United Bankshares, Inc. atende a 164 locais de serviços financeiros em West Virginia, Ohio, Pensilvânia, Maryland e Virgínia em 2023.

Cobertura de mercado	Número de locais	Estados servidos
Ramificações de serviço financeiro	164	5 estados

Taxas de juros competitivas e produtos financeiros

A partir do quarto trimestre de 2023, o United Bankshares ofereceu as seguintes taxas competitivas:

Produto	Taxa de juro	Depósito mínimo
Conta de poupança pessoal	0.50% - 1.25%	$100
Conta do mercado monetário	1.75% - 3.00%	$1,000
Certificado de depósito (12 meses)	3.50% - 4.25%	$500

Serviços bancários digitais e tradicionais abrangentes

• Aplicativo bancário móvel com taxa de satisfação do usuário de 95%
• Serviços de pagamento de conta on -line
• Gerenciamento de contas digitais 24/7
• Depósito de cheque móvel
• Alertas de transações em tempo real

Abordagem do cliente baseada em relacionamento

United Bankshares mantém um Taxa de retenção de clientes de 87% através de relacionamentos bancários personalizados.

Tomada de decisão local e processamento rápido de empréstimos

Tipo de empréstimo	Tempo médio de processamento	Taxa de aprovação
Empréstimos pessoais	2-3 dias úteis	75%
Empréstimos para pequenas empresas	5-7 dias úteis	68%
Empréstimos hipotecários	14-21 dias úteis	82%

United Bankshares, Inc. (UBSI) - Modelo de Negócios: Relacionamentos do Cliente

Atendimento ao cliente personalizado

A United Bankshares, Inc. fornece atendimento ao cliente personalizado por meio de vários canais:

Canal de serviço	Métricas de interação do cliente
Suporte baseado em ramificação	47 locais bancários de serviço completo em toda a Virgínia Ocidental e Virgínia
Call center	Horário prolongado Suporte ao cliente: 7:30 - 19:00
Classificação de satisfação do cliente	4.2/5 com base em pesquisas recentes de feedback do cliente

Gerentes de relacionamento dedicados

O UBSI oferece serviços especializados de gerenciamento de relacionamento:

• Banqueiros pessoais dedicados para contas comerciais
• Soluções financeiras personalizadas para clientes de alto patrimônio líquido
• Tamanho médio do portfólio de clientes: US $ 2,5 milhões para gerentes de relacionamento comercial

Suporte bancário online e móvel

Métricas bancárias digitais	Estatística
Usuários bancários móveis	78.500 usuários de aplicativos móveis ativos
Penetração bancária online	62% da base total de clientes
Volume de transação digital	3,2 milhões de transações digitais mensais

Engajamento focado na comunidade

Investimento comunitário local: US $ 1,4 milhão em programas de desenvolvimento comunitário em 2023

• Programas de patrocínio local
• Apoio a eventos da comunidade
• Iniciativas de alfabetização financeira

Consultas de consultoria financeira regulares

Serviço de consultoria	Detalhes
Clientes de gerenciamento de patrimônio	12.500 clientes de gerenciamento de patrimônio ativo
Frequência média de consulta	Sessões trimestrais de revisão financeira
Ativos consultivos sob administração	US $ 1,8 bilhão em ativos gerenciados

United Bankshares, Inc. (UBSI) - Modelo de Negócios: Canais

Rede de ramificação física

A partir de 2024, a United Bankshares, Inc. opera 252 agências em vários estados, principalmente na Virgínia Ocidental, Virgínia, Maryland, Pensilvânia e Washington D.C.

Estado	Número de ramificações
Virgínia Ocidental	126
Virgínia	58
Maryland	32
Pensilvânia	24
Washington D.C.	12

Plataforma bancária online

A plataforma digital do United Bank suporta Mais de 175.000 usuários bancários online ativos com recursos incluindo:

• Gerenciamento de contas
• Serviços de pagamento de contas
• Transferências de fundos
• Histórico de transações
• States eletrônicos

Aplicativo bancário móvel

O aplicativo bancário móvel tem 112.000 usuários mensais ativos com estatísticas de download:

Plataforma	Downloads totais
Apple App Store	78,500
Google Play Store	65,300

Rede ATM

O United Bankshares mantém 328 ATM LOCALIZAÇÕES, com:

• 252 caixas eletrônicos de propriedade de bancos
• 76 caixas eletrônicos de rede parceira

Centros de atendimento ao cliente

Operando com 187 Representantes de atendimento ao cliente, os call centers lidam:

Categoria de serviço	Interações mensais médias
Suporte à conta	42,500
Suporte técnico	18,200
Consultas de empréstimos	12,800

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

Pequenas e médias empresas

Em 2024, o United Bankshares atende a aproximadamente 3.500 empresas pequenas e médias em toda a sua presença regional. Portfólio total de empréstimos comerciais para este segmento: US $ 2,1 bilhões.

Categoria de tamanho de negócios	Número de clientes	Valor médio do empréstimo
Micro negócios (1-9 funcionários)	1,750	$275,000
Pequenas empresas (10-49 funcionários)	1,250	$625,000
Empresas médias (50-250 funcionários)	500	$1,250,000

Clientes bancários de varejo individuais

Total de clientes bancários de varejo: 287.000. Redução por tipo de conta:

• Contas de corrente: 156.000
• Contas de poupança: 98.000
• Contas do mercado monetário: 33.000

Empresas comerciais locais

O segmento bancário comercial representa US $ 4,3 bilhões em empréstimos comerciais e industriais totais. Principais concentrações da indústria:

Setor da indústria	Valor da carteira de empréstimos	Porcentagem de empréstimos comerciais
Imobiliária	US $ 1,6 bilhão	37.2%
Fabricação	US $ 872 milhões	20.3%
Assistência médica	US $ 516 milhões	12%

Clientes de gerenciamento de patrimônio

O segmento de gerenciamento de patrimônio atende a 12.500 indivíduos de alta rede. Ativos sob gestão: US $ 2,9 bilhões.

Nível de riqueza do cliente	Número de clientes	Valor médio do portfólio
Alta rede (US $ 1 milhão a US $ 10 milhões)	9,750	US $ 1,8 milhão
Ultra-altura-net-worth (> US $ 10 milhões)	2,750	US $ 6,5 milhões

Investidores institucionais

Os serviços de investimento institucional abrangem 275 clientes institucionais com ativos gerenciados totais de US $ 1,7 bilhão.

Tipo de cliente institucional	Número de clientes	Total de ativos gerenciados
Fundos de pensão	85	US $ 620 milhões
Doações	45	US $ 340 milhões
Fundações	95	US $ 420 milhões
Tesouro corporativo	50	US $ 320 milhões

United Bankshares, Inc. (UBSI) - Modelo de negócios: estrutura de custos

Operações de ramificação e manutenção

A partir de 2024, a United Bankshares, Inc. opera 276 escritórios bancários em vários estados. Os custos anuais de manutenção e operacional da filial são estimados em US $ 42,3 milhões.

Categoria de custo	Despesa anual
Aluguel da instalação	US $ 18,7 milhões
Utilitários	US $ 5,6 milhões
Manutenção	US $ 12,4 milhões
Segurança	US $ 5,6 milhões

Investimentos de tecnologia e infraestrutura digital

O United Bankshares aloca US $ 24,5 milhões anualmente para o desenvolvimento de tecnologia e infraestrutura digital.

• Atualizações do sistema bancário principal: US $ 8,2 milhões
• Investimentos de segurança cibernética: US $ 6,7 milhões
• Plataforma bancária digital: US $ 5,9 milhões
• Manutenção de infraestrutura de TI: US $ 3,7 milhões

Salários e benefícios dos funcionários

A compensação total dos funcionários para 2024 é projetada em US $ 187,6 milhões.

Categoria de compensação	Custo anual
Salários da base	US $ 132,4 milhões
Seguro de saúde	US $ 22,3 milhões
Benefícios de aposentadoria	US $ 18,6 milhões
Bônus de desempenho	US $ 14,3 milhões

Despesas de conformidade regulatória

Os custos anuais de conformidade regulatória para os Bankshares Unidos são US $ 15,7 milhões.

• Equipe legal e de conformidade: US $ 6,4 milhões
• Auditoria e relatórios: US $ 4,2 milhões
• Tecnologia regulatória: US $ 3,5 milhões
• Treinamento e educação: US $ 1,6 milhão

Custos de marketing e aquisição de clientes

As despesas de marketing para 2024 são estimadas em US $ 11,2 milhões.

Canal de marketing	Gasto anual
Marketing digital	US $ 4,6 milhões
Mídia tradicional	US $ 3,8 milhões
Patrocínio da comunidade	US $ 1,7 milhão
Campanhas de aquisição de clientes	US $ 1,1 milhão

United Bankshares, Inc. (UBSI) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos

Para o ano fiscal de 2022, a United Bankshares, Inc. registrou receita de juros líquidos de US $ 619,8 milhões. A quebra da carteira de empréstimos em 31 de dezembro de 2022 foi a seguinte:

Categoria de empréstimo	Valor total ($)
Imóveis comerciais	US $ 7,4 bilhões
Imóveis residenciais	US $ 3,2 bilhões
Empréstimos comerciais e industriais	US $ 2,9 bilhões
Empréstimos ao consumidor	US $ 1,1 bilhão

Taxas de serviço bancário

As taxas de serviço bancário para 2022 totalizaram US $ 127,3 milhões, com a seguinte estrutura de taxas:

• Taxas de manutenção da conta
• Taxas de processamento de transações
• Cobranças de cheque especial
• Taxas de transferência de fio

Comissões de investimento e gerenciamento de patrimônio

A receita de serviços de investimento para 2022 foi de US $ 42,6 milhões, compreendendo:

Categoria de serviço	Receita ($)
Taxas de gerenciamento de ativos	US $ 24,3 milhões
Serviços de Consultoria Financeira	US $ 12,5 milhões
Comissões de corretagem	US $ 5,8 milhões

Taxas de transação bancária digital

A receita bancária digital para 2022 foi de US $ 18,7 milhões, com a seguinte quebra:

• Taxas de transação bancária online: US $ 8,2 milhões
• Taxas de transação bancária móvel: US $ 6,5 milhões
• Taxas de transação ATM: US $ 4,0 milhões

Receita de produtos hipotecários e empréstimos

As receitas de produtos de hipoteca e empréstimos para 2022 totalizaram US $ 89,4 milhões:

Categoria de produto	Receita ($)
Taxas de originação hipotecária	US $ 52,6 milhões
Taxas de manutenção de empréstimos	US $ 23,8 milhões
Taxas de refinanciamento	US $ 13,0 milhões

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.