United Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	1,024	1,031	1,045	937.99	707.09	Upgrade
Revenue Growth (YoY)	-0.66%	-1.34%	11.39%	32.65%	1.69%	Upgrade
Gross Profit	1,024	1,031	1,045	937.99	707.09	Upgrade
Selling, General & Admin	520.77	531.22	554.24	540.79	361.84	Upgrade
Other Operating Expenses	39.46	23.86	27.72	27.08	15.71	Upgrade
Operating Expenses	560.22	555.09	581.96	567.86	377.55	Upgrade
Operating Income	463.81	475.78	462.87	370.13	329.54	Upgrade
Other Expense / Income	-	-	0.02	10.39	5.11	Upgrade
Pretax Income	463.81	475.78	462.85	359.74	324.44	Upgrade
Income Tax	97.49	96.16	95.12	70.72	64.34	Upgrade
Net Income	366.31	379.63	367.74	289.02	260.1	Upgrade
Net Income Growth	-3.51%	3.23%	27.23%	11.12%	1.47%	Upgrade
Shares Outstanding (Basic)	135	135	129	120	102	Upgrade
Shares Outstanding (Diluted)	135	135	130	120	102	Upgrade
Shares Change	-0.27%	4.33%	7.85%	17.91%	-2.35%	Upgrade
EPS (Basic)	2.72	2.81	2.84	2.40	2.55	Upgrade
EPS (Diluted)	2.71	2.80	2.83	2.40	2.55	Upgrade
EPS Growth	-3.21%	-1.06%	17.92%	-5.88%	4.08%	Upgrade
Free Cash Flow	426.09	744.86	595.78	125.78	141.13	Upgrade
Free Cash Flow Per Share	3.17	5.53	4.61	1.05	1.39	Upgrade
Dividend Per Share	1.450	1.440	1.410	1.400	1.370	Upgrade
Dividend Growth	0.69%	2.13%	0.71%	2.19%	0.74%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	45.29%	46.15%	44.30%	39.46%	46.61%	Upgrade
Profit Margin	35.77%	36.83%	35.20%	30.81%	36.78%	Upgrade
Free Cash Flow Margin	41.61%	72.26%	57.02%	13.41%	19.96%	Upgrade
Effective Tax Rate	21.02%	20.21%	20.55%	19.66%	19.83%	Upgrade
EBITDA	486.91	499.45	470.76	343.3	294.68	Upgrade
EBITDA Margin	47.55%	48.45%	45.06%	36.60%	41.67%	Upgrade
Depreciation & Amortization	23.11	23.67	7.91	-16.44	-29.76	Upgrade
EBIT	463.81	475.78	462.85	359.74	324.44	Upgrade
EBIT Margin	45.29%	46.15%	44.30%	38.35%	45.88%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).