United Bankshares has provided over 50 consecutive years of dividend increases to shareholders, with only one other major banking company in the United States having achieved such a record. The company completed its 34th acquisition with Atlanta-based Piedmont Bancorp in 2024, reaching $32 billion in assets and becoming the 38th largest banking company by market capitalization. The company positions itself as a disciplined consolidator with proven acquisition and integration capabilities.
Cyborg Score Rationale
The company reported record second quarter 2025 earnings of $120.7 million, driven by expansion into Atlanta through the Piedmont Bancorp acquisition. In 2024, the company reported earnings per share increasing from $2.71 to $2.75 and a Return on Assets of 1.26%, outperforming peer median of 0.94%. Strong dividend growth and acquisition track record are balanced against typical regional bank cyclicality.
Top Insights
Record Q2 2025 earnings of $120.7 million per share driven by successful Piedmont Bancorp integration
51+ consecutive years of dividend increases, membership in elite Dividend Aristocrats and Dividend Kings indexes