New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 30, 2014
07:55 EDTUBSIUnited Bankshares reports Q4 EPS 39c, consensus 44c
The company said, "United continues to be well-capitalized based on all regulatory guidelines. Unitedís estimated risk-based capital ratio is 13.7% at December 31, 2013 while its Tier I capital and leverage ratios are 12.5% and 10.7%, respectively. The regulatory requirements for a well-capitalized financial institution are a risk-based capital ratio of 10%, a Tier I capital ratio of 6% and a leverage ratio of 5%. For the quarters ended December 31, 2013 and 2012, the provision for loan losses was $4.3M and $5.9M, respectively. Noninterest income for 4Q13 was $12M, which was a decrease of $4.7M from 4Q12. Net charge-offs were $4.7M and $19M for Q4 and Fy13 respectively, as compared to $5.8M and $17.8M for the same time periods in 2012."
News For UBSI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 2, 2015
10:00 EDTUBSIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:05 EDTUBSIUnited Bankshares downgraded to Underperform from Neutral at Boenning & Scattergood
Boenning & Scattergood downgraded United Bankshares to Underperform with a $34 price target due to high valuation.
07:16 EDTUBSIUnited Bankshares downgraded to Market Perform from Outperform at Raymond James
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use