United Bankshares, Inc. (UBSI)

32.57 +0.10 (+0.31%) At close: 04:00PM EDT

United Bankshares, Inc.

300 United Center
500 Virginia Street, East
Charleston, WV 25301
United States
304 424 8716
https://www.ubsi-inc.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 2,635

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Richard M. Adams Sr.	Executive Chairman of the Board	2.51M	213.45k	1947
Mr. Richard Matthew Adams Jr., M.D.	CEO & Director	2.63M	71.15k	1968
Mr. James J. Consagra Jr., CPA	President	2.04M	71.15k	1961
Mr. W. Mark Tatterson	Executive VP, CFO & Treasurer	1.22M	53.2k	1975
Mr. Darren K. Williams	Executive VP and Chief Information & Risk Officer	836.3k	16.02k	1972
Mr. Ross M. Draber	Executive VP & COO	N/A	N/A	1988
Mr. Matthew Lee Humphrey	Executive VP and Head of Wealth & Investment Management	N/A	N/A	1980
Ms. Ami Lee Shaver	Executive VP, Head of Human Resources and Director of Retail Sales & Service	N/A	N/A	1971
Mr. Douglas Bryon Ernest	Executive VP & Chief Credit Officer	N/A	N/A	1964
Mr. Charles J. Mildren	Executive VP & Chief Consumer Banking Officer	N/A	N/A	1972

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

United Bankshares, Inc., through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Its loan products include commercial loans and leases to small to mid-size industrial and commercial companies; construction and real estate loans, such as commercial and residential mortgages, and loans secured by owner-occupied real estate; personal, student, credit card receivables, personal, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services, as well as investment management and retirement planning services. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

Corporate governance

United Bankshares, Inc.’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 2; Board: 7; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.