United Bankshares Celebrates Record Growth and Increases Dividends in 2026
United Bankshares Inc. has reported a remarkable year during its Annual Meeting of Shareholders held in Bethesda, Md. The financial services company has seen significant growth, achieving record earnings of $465 million in 2025, a testament to its robust performance in a competitive banking environment.
Impressive Financial Highlights
Richard M. Adams, the Executive Chairman, shared key insights from the 2025 Annual Report, showcasing an increase in earnings per share from $2.75 to $3.27. This achievement not only outpaces many of its peers but also demonstrates the strength of the company’s operational strategy.
Dividend Growth and Shareholder Value
In an exciting development for shareholders, United Bankshares has raised its dividend for the 52nd consecutive year. The new dividend increased from $1.48 to $1.49 per share, highlighting the company’s commitment to delivering value amidst solid earnings and sound asset quality. Adams emphasized that this consistency reflects the bank's resilience and commitment to its investors, even in challenging times.
Acquisition and Expansion Strategy
The meeting also celebrated the effective acquisition of Piedmont Bancorp Inc., which aims to enhance United's presence in one of the nation’s best banking markets. This strategic move has strengthened its Southeastern banking franchise, driving further loan and deposit growth throughout 2025.
With a total return of 11.8% in 2026, United Bankshares is well-positioned for continued success, demonstrating a strong outlook as it strives to make a positive impact on its communities and stakeholders. This commitment to growth and shareholder returns stands as a hopeful beacon in the financial landscape.