United Bankshares annual debt-to-equity ratio
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2025
United Bankshares Debt-to-Equity Ratio Growth & History (UBSI)
United Bankshares's debt-to-equity ratio was 0.15 for fiscal 2025.
View full United Bankshares company overviewUnited Bankshares annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.15 | −0.01 | −6.60% |
| 2024 | 2024-12-31 | 0.16 | −0.27 | −63.06% |
| 2023 | 2023-12-31 | 0.44 | −0.10 | −19.19% |
| 2022 | 2022-12-31 | 0.54 | 0.32 | +146.21% |
| 2021 | 2021-12-31 | 0.22 | −0.03 | −12.88% |
| 2020 | 2020-12-31 | 0.25 | −0.35 | −58.24% |
| 2019 | 2019-12-31 | 0.60 | 0.09 | +16.76% |
| 2018 | 2018-12-31 | 0.52 | 0.01 | +1.73% |
| 2017 | 2017-12-31 | 0.51 | −0.11 | −18.02% |
| 2016 | 2016-12-31 | 0.62 | −0.16 | −20.32% |
| 2015 | 2015-12-31 | 0.78 | −0.15 | −16.64% |
| 2014 | 2014-12-31 | 0.93 | 0.17 | +22.47% |
| 2013 | 2013-12-31 | 0.76 | 0.26 | +50.81% |
| 2012 | 2012-12-31 | 0.50 | −0.12 | −18.67% |
| 2011 | 2011-12-31 | 0.62 | 0.38 | +154.23% |
| 2010 | 2010-12-31 | 0.24 | — | — |
United Bankshares quarterly debt-to-equity ratio
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Q1.17
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Q2.25
Q3.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.05 | −0.05 | −48.85% |
| Q1 2026 | 2026-03-31 | 0.05 | −0.05 | −51.37% |
| Q4 2025 | 2025-12-31 | 0.15 | −0.01 | −6.60% |
| Q3 2025 | 2025-09-30 | 0.09 | −0.01 | −11.49% |
| Q2 2025 | 2025-06-30 | 0.09 | −0.21 | −69.42% |
| Q1 2025 | 2025-03-31 | 0.10 | −0.27 | −73.39% |
| Q4 2024 | 2024-12-31 | 0.16 | −0.27 | −63.06% |
| Q3 2024 | 2024-09-30 | 0.11 | −0.19 | −64.10% |
| Q2 2024 | 2024-06-30 | 0.31 | −0.16 | −33.93% |
| Q1 2024 | 2024-03-31 | 0.37 | −0.23 | −38.93% |
| Q4 2023 | 2023-12-31 | 0.44 | −0.10 | −19.19% |
| Q3 2023 | 2023-09-30 | 0.30 | 0.05 | +21.26% |
| Q2 2023 | 2023-06-30 | 0.47 | 0.31 | +192.39% |
| Q1 2023 | 2023-03-31 | 0.60 | 0.44 | +267.55% |
| Q4 2022 | 2022-12-31 | 0.54 | 0.32 | +146.21% |
| Q3 2022 | 2022-09-30 | 0.25 | 0.11 | +77.29% |
| Q2 2022 | 2022-06-30 | 0.16 | 0.02 | +16.57% |
| Q1 2022 | 2022-03-31 | 0.16 | 0.02 | +16.36% |
| Q4 2021 | 2021-12-31 | 0.22 | −0.03 | −12.88% |
| Q3 2021 | 2021-09-30 | 0.14 | −0.03 | −18.17% |
| Q2 2021 | 2021-06-30 | 0.14 | −0.20 | −59.63% |
| Q1 2021 | 2021-03-31 | 0.14 | −0.57 | −80.36% |
| Q4 2020 | 2020-12-31 | 0.25 | −0.35 | −58.24% |
| Q3 2020 | 2020-09-30 | 0.17 | −0.35 | −67.32% |
| Q2 2020 | 2020-06-30 | 0.34 | −0.14 | −29.71% |
| Q1 2020 | 2020-03-31 | 0.71 | 0.21 | +40.47% |
| Q4 2019 | 2019-12-31 | 0.60 | 0.09 | +16.76% |
| Q3 2019 | 2019-09-30 | 0.52 | 0.12 | +31.00% |
| Q2 2019 | 2019-06-30 | 0.48 | 0.00 | +0.66% |
| Q1 2019 | 2019-03-31 | 0.51 | 0.18 | +55.75% |
| Q4 2018 | 2018-12-31 | 0.52 | 0.01 | +1.73% |
| Q3 2018 | 2018-09-30 | 0.40 | 0.01 | +1.39% |
| Q2 2018 | 2018-06-30 | 0.48 | 0.13 | +38.76% |
| Q1 2018 | 2018-03-31 | 0.33 | −0.07 | −17.16% |
| Q4 2017 | 2017-12-31 | 0.51 | −0.11 | −18.02% |
| Q3 2017 | 2017-09-30 | 0.39 | — | — |
| Q2 2017 | 2017-06-30 | 0.35 | — | — |
| Q1 2017 | 2017-03-31 | 0.39 | — | — |
| Q4 2016 | 2016-12-31 | 0.62 | −0.16 | −20.32% |
| Q4 2015 | 2015-12-31 | 0.78 | −0.15 | −16.64% |
| Q4 2014 | 2014-12-31 | 0.93 | 0.17 | +22.47% |
| Q4 2013 | 2013-12-31 | 0.76 | 0.26 | +50.81% |
| Q3 2013 | 2013-09-30 | 0.43 | 0.43 | +488257.52% |
| Q2 2013 | 2013-06-30 | 0.44 | 0.44 | +493319.60% |
| Q1 2013 | 2013-03-31 | 0.13 | −0.02 | −13.00% |
| Q4 2012 | 2012-12-31 | 0.50 | −0.12 | −18.67% |
| Q3 2012 | 2012-09-30 | 0.00 | — | — |
| Q2 2012 | 2012-06-30 | 0.00 | — | — |
| Q1 2012 | 2012-03-31 | 0.15 | — | — |
| Q4 2011 | 2011-12-31 | 0.62 | 0.38 | +154.23% |
| Q4 2010 | 2010-12-31 | 0.24 | — | — |
United Bankshares debt-to-equity ratio trends
Over the last five fiscal years, United Bankshares's debt-to-equity ratio decreased from 0.25 to 0.15, a change of −0.10. The latest reported quarter, Q2 2026, shows 0.05.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Bankshares source filings ↗