How does United Bankshares (UBSI) make money?

United Bankshares (UBSI) generates revenue primarily from Deposit Account, which accounted for 37% of total revenue in TTM through Q1 2026. The company reported $1.84B in revenue and converted 27.5% of it into net profit, equivalent to roughly $504.50M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of United Bankshares (UBSI)?

United Bankshares (UBSI) reported a gross profit margin of 67.4% in TTM through Q1 2026, equivalent to $1.24B in gross profit on $1.84B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of United Bankshares (UBSI)?

United Bankshares (UBSI) reported an operating profit margin of 34.8% in TTM through Q1 2026, equivalent to $639.23M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of United Bankshares (UBSI)?

United Bankshares (UBSI) reported a net profit margin of 27.5% in TTM through Q1 2026, equivalent to $504.50M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is United Bankshares (UBSI) profitable?

Yes. United Bankshares (UBSI) reported $504.50M in net income for TTM through Q1 2026, with a net profit margin of 27.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does United Bankshares (UBSI) spend on capital expenditures?

United Bankshares (UBSI) spent $12.90M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 0.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does United Bankshares (UBSI) generate?

United Bankshares (UBSI) generated $526.88M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 28.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of United Bankshares (UBSI)?

United Bankshares (UBSI) had an effective tax rate of 20.2% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of United Bankshares (UBSI)?

United Bankshares (UBSI) reports revenue across 6 reportable product segments, led by Deposit Account at 37% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How United Bankshares Makes Money: 2026 Visual Revenue Map

United Bankshares (UBSI) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 8, 2026).

United Bankshares discloses geographic revenue only in annual filings. to view the full breakdown.

United Bankshares (UBSI) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for United Bankshares (UBSI) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Deposit Account	$679.81M	37%
Fiduciary and Trust	$423.95M	23.1%
Service, Other	$343.45M	18.7%
Mortgage Banking	$166.95M	9.1%
Credit Card	$140.91M	7.7%
Financial Service, Other	$80.46M	4.4%
Total	$1.84B	100%

Deposit Account$679.81M
Fiduciary and Trust$423.95M
Service, Other$343.45M
Mortgage Banking$166.95M
Credit Card$140.91M
Financial Service, Other$80.46M
Total$1.84B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, United Bankshares (UBSI) reports revenue across 6 operating segments; the largest segment was Deposit Account at 37%, followed by Fiduciary and Trust (23.1%) and Service, Other (18.7%).

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