Business Wire·Aug 24, 2026, 2:45 PM ET

United Bankshares Declares Third Quarter Dividend and Announces New Stock Repurchase Program

United Bankshares Board declared a Q3 2026 dividend of $0.38 per share for shareholders of record on September 11, 2026.
The dividend payout totals approximately $51.8 million across 136.2 million shares, payable on October 1, 2026.
2025 marked the 52nd consecutive year of dividend increases for United, a record held by only one other major US banking company.
The Board approved a new 2026 share repurchase plan allowing the purchase of up to 6.8 million shares (approx. 5% of outstanding stock).
This new plan replaces the repurchase authorization approved in November 2025.
Repurchases may occur via open market purchases, privately negotiated transactions, or other means at management's discretion.
The 2026 Plan does not mandate a specific number of shares to be purchased, nor does it set a specific timeline or price.
The plan may be discontinued, suspended, or restarted based on market conditions, with repurchased shares intended for employee benefits, acquisitions, or other corporate purposes.
As of June 30, 2026, United Bankshares reported consolidated assets of approximately $34 billion.
The company operates over 240 offices across Washington D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio, Pennsylvania, 2026.