United Bankshares annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
United Bankshares Return on Equity (ROE) Growth & History (UBSI)
United Bankshares's return on equity was 8.86% for fiscal 2025.
View full United Bankshares company overviewUnited Bankshares annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 8.86% | +1.22 pp |
| 2024 | 2024-12-31 | 7.64% | −0.25 pp |
| 2023 | 2023-12-31 | 7.89% | −0.33 pp |
| 2022 | 2022-12-31 | 8.22% | +0.06 pp |
| 2021 | 2021-12-31 | 8.16% | +0.61 pp |
| 2020 | 2020-12-31 | 7.54% | −0.32 pp |
| 2019 | 2019-12-31 | 7.86% | −0.03 pp |
| 2018 | 2018-12-31 | 7.90% | +2.40 pp |
| 2017 | 2017-12-31 | 5.50% | −1.95 pp |
| 2016 | 2016-12-31 | 7.45% | −0.74 pp |
| 2015 | 2015-12-31 | 8.19% | −1.44 pp |
| 2014 | 2014-12-31 | 9.63% | +1.21 pp |
| 2013 | 2013-12-31 | 8.42% | −0.00 pp |
| 2012 | 2012-12-31 | 8.42% | −0.16 pp |
| 2011 | 2011-12-31 | 8.58% | −0.67 pp |
| 2010 | 2010-12-31 | 9.26% | +0.27 pp |
| 2009 | 2009-12-31 | 8.98% | — |
United Bankshares quarterly return on equity
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Q3.13
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Q2.16
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Q4.16
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Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
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Q1.20
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Q1.21
Q2.21
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Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.39% | +0.13 pp |
| Q1 2026 | 2026-03-31 | 2.26% | +0.63 pp |
| Q4 2025 | 2025-12-31 | 2.35% | +0.46 pp |
| Q3 2025 | 2025-09-30 | 2.42% | +0.48 pp |
| Q2 2025 | 2025-06-30 | 2.26% | +0.26 pp |
| Q1 2025 | 2025-03-31 | 1.64% | −0.18 pp |
| Q4 2024 | 2024-12-31 | 1.90% | +0.21 pp |
| Q3 2024 | 2024-09-30 | 1.94% | −0.13 pp |
| Q2 2024 | 2024-06-30 | 2.00% | −0.00 pp |
| Q1 2024 | 2024-03-31 | 1.81% | −0.34 pp |
| Q4 2023 | 2023-12-31 | 1.69% | −0.54 pp |
| Q3 2023 | 2023-09-30 | 2.07% | −0.23 pp |
| Q2 2023 | 2023-06-30 | 2.00% | −0.11 pp |
| Q1 2023 | 2023-03-31 | 2.16% | +0.40 pp |
| Q4 2022 | 2022-12-31 | 2.23% | +0.61 pp |
| Q3 2022 | 2022-09-30 | 2.30% | +0.21 pp |
| Q2 2022 | 2022-06-30 | 2.11% | −0.07 pp |
| Q1 2022 | 2022-03-31 | 1.75% | −0.72 pp |
| Q4 2021 | 2021-12-31 | 1.61% | −0.54 pp |
| Q3 2021 | 2021-09-30 | 2.09% | −0.36 pp |
| Q2 2021 | 2021-06-30 | 2.17% | +0.78 pp |
| Q1 2021 | 2021-03-31 | 2.48% | +1.28 pp |
| Q4 2020 | 2020-12-31 | 2.16% | +0.27 pp |
| Q3 2020 | 2020-09-30 | 2.45% | +0.48 pp |
| Q2 2020 | 2020-06-30 | 1.40% | −0.63 pp |
| Q1 2020 | 2020-03-31 | 1.20% | −0.75 pp |
| Q4 2019 | 2019-12-31 | 1.88% | −0.08 pp |
| Q3 2019 | 2019-09-30 | 1.97% | −0.01 pp |
| Q2 2019 | 2019-06-30 | 2.03% | −0.01 pp |
| Q1 2019 | 2019-03-31 | 1.95% | +0.05 pp |
| Q4 2018 | 2018-12-31 | 1.97% | +1.41 pp |
| Q3 2018 | 2018-09-30 | 1.98% | +0.24 pp |
| Q2 2018 | 2018-06-30 | 2.04% | +0.69 pp |
| Q1 2018 | 2018-03-31 | 1.90% | +0.17 pp |
| Q4 2017 | 2017-12-31 | 0.55% | −1.28 pp |
| Q3 2017 | 2017-09-30 | 1.75% | −0.31 pp |
| Q2 2017 | 2017-06-30 | 1.35% | −0.35 pp |
| Q1 2017 | 2017-03-31 | 1.73% | −0.28 pp |
| Q4 2016 | 2016-12-31 | 1.83% | −0.12 pp |
| Q3 2016 | 2016-09-30 | 2.05% | −0.01 pp |
| Q2 2016 | 2016-06-30 | 1.70% | −0.37 pp |
| Q1 2016 | 2016-03-31 | 2.01% | −0.06 pp |
| Q4 2015 | 2015-12-31 | 1.96% | −0.05 pp |
| Q3 2015 | 2015-09-30 | 2.06% | +0.04 pp |
| Q2 2015 | 2015-06-30 | 2.07% | +0.03 pp |
| Q1 2015 | 2015-03-31 | 2.08% | −0.19 pp |
| Q4 2014 | 2014-12-31 | 2.01% | +0.10 pp |
| Q3 2014 | 2014-09-30 | 2.02% | −0.17 pp |
| Q2 2014 | 2014-06-30 | 2.04% | −0.17 pp |
| Q1 2014 | 2014-03-31 | 2.27% | +0.10 pp |
| Q4 2013 | 2013-12-31 | 1.91% | −0.23 pp |
| Q3 2013 | 2013-09-30 | 2.19% | +0.23 pp |
| Q2 2013 | 2013-06-30 | 2.21% | +0.06 pp |
| Q1 2013 | 2013-03-31 | 2.17% | +0.01 pp |
| Q4 2012 | 2012-12-31 | 2.14% | +0.06 pp |
| Q3 2012 | 2012-09-30 | 1.96% | −0.29 pp |
| Q2 2012 | 2012-06-30 | 2.15% | −0.03 pp |
| Q1 2012 | 2012-03-31 | 2.16% | −0.09 pp |
| Q4 2011 | 2011-12-31 | 2.09% | −0.36 pp |
| Q3 2011 | 2011-09-30 | 2.25% | +0.04 pp |
| Q2 2011 | 2011-06-30 | 2.18% | −0.15 pp |
| Q1 2011 | 2011-03-31 | 2.25% | — |
| Q4 2010 | 2010-12-31 | 2.45% | — |
| Q3 2010 | 2010-09-30 | 2.22% | — |
| Q2 2010 | 2010-06-30 | 2.33% | — |
United Bankshares return on equity trends
Over the last five fiscal years, United Bankshares's return on equity increased from 7.54% to 8.86%, a change of +1.31 percentage points. The latest reported quarter, Q2 2026, shows 2.39%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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