UNITED BANKSHARES INC/WV Business Summary

United Bankshares, Inc. (UBSI) is a prominent financial holding company that generates the majority of its revenue through net interest income, derived from the spread between interest earned on loans and interest paid on deposits. As of early 2026, the company operates primarily through its Community Banking segment, which provides a comprehensive suite of commercial and retail banking services, including wealth management, mortgage products, and brokerage services. UBSI has solidified its market position through a disciplined strategy of 34 acquisitions, reaching approximately $33 billion in consolidated assets and ranking as the 41st largest banking entity in the U.S. by market capitalization. It competes directly with major regional and national players such as Truist Financial Corporation, PNC Financial Services Group, M&T Bank Corporation, and Hancock Whitney, distinguishing itself as a premier regional leader with a high-density footprint across the Mid-Atlantic and Southeastern United States. The company is led by a seasoned executive team with deep roots in the banking and legal sectors. Richard M. Adams, Jr. serves as the Chief Executive Officer, bringing over three decades of experience and a legal background from Washington and Lee School of Law. He is supported by Executive Chairman Richard M. Adams, who transformed the bank from a single-office institution into a multi-state powerhouse over a 45-year tenure as CEO. Key leadership also includes President Jim Consagra, Chief Financial Officer W. Mark Tatterson, and Chief Operating Officer Ross M. Draber, all of whom possess extensive pedigrees in corporate financial strategy and credit risk management. The Board of Directors features notable figures such as Vice Chairman Michael P. Fitzgerald, former co-founder of Bank of Georgetown, and Gary G. White, former interim president of Marshall University, ensuring a high level of governance and strategic oversight for this NASDAQ-listed institution.