United Bankshares

UBSI · NASDAQ

$47.14+$0.81 (+1.75%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $46.33

UBSI analyst rating

HoldConsensus of 5 analysts over the last 12 months. 40% rate it a buy.

Strong buy0
Buy2
Hold3
Underperform0
Sell0

12-month price target · 8 analysts

Average $50.83 (+7.8% upside)

Low: $48.48
Now: $47.14
High: $54.60

Upgrades and downgrades

The latest rating actions, newest first

UBSI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Jul 27, 2026	Maintains	Market Perform	$46.00 → $48.00	72%
Raymond James	Jul 1, 2026	Maintains	Outperform	$49.00 → $50.00	59%
Hovde Group	Jun 24, 2026	Initiates	Market Perform	$49.00	—
Keefe, Bruyette & Woods	Jan 26, 2026	Maintains	Market Perform	$40.00 → $43.00	72%
Stephens & Co.	Jan 23, 2026	Maintains	Equal-Weight	$40.00 → $44.00	70%
Piper Sandler	Oct 24, 2025	Upgrade	Neutral → Overweight	$40.00 → $42.50	67%

The case for and against

Updated Oct 19, 2025

Bull case

United Bankshares Inc. has demonstrated a strong performance, as indicated by a positive pre-provision net revenue (PPNR) that exceeded expectations by $0.15, driven by reduced expenses and an increase in net interest income (NII). The company also reported a notable increase in net interest margin (NIM), rising by 20 basis points to 3.69%, surpassing estimates, while core NIM improved 15 basis points to 3.61%. Looking ahead, projections for NII are favorable, with expectations of $1.062 billion and a slight increase in NIM, which suggests continued financial strength and operational efficiency.

Bear case

United Bankshares Inc. is experiencing a downward revision in its loan and deposit growth guidance, now expected to range from low to mid-single digits, primarily due to persistently elevated payoffs. While non-performing assets (NPAs) have slightly improved, decreasing to 0.38%, the overall credit environment remains a concern with net charge-offs (NCOs) at 0.14%. These factors contribute to a bearish outlook, as lower growth metrics coupled with limited credit quality improvements could negatively impact future financial performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.