UNITED BANKSHARES INCWV
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | |
|---|---|
| PART I. FINANCIAL INFORMATION | |
| Item 1. Financial Statements | |
| Consolidated Balance Sheets (Unaudited) March 31, 2024 and December 31, 2023 | 4 |
| Consolidated Statements of Income (Unaudited) for the Three Months Ended March 31, 2024 and 2023 | 5 |
| Consolidated Statements of Comprehensive Income (Unaudited) for the Three Months Ended March 31, 2024 and 2023 | 7 |
| Consolidated Statement of Changes in Shareholders’ Equity (Unaudited) for the Three Months Ended March 31, 2024 and 2023 | 8 |
| Condensed Consolidated Statements of Cash Flows (Unaudited) for the Three Months Ended March 31, 2024 and 2023 | 9 |
| Notes to Consolidated Financial Statements | 10 |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 55 |
| Item 3. Quantitative and Qualitative Disclosures about Market Risk | 73 |
| Item 4. Controls and Procedures | 76 |
| PART II. OTHER INFORMATION | |
| Item 1. Legal Proceedings | 77 |
| Item 1A. Risk Factors | 77 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 77 |
| Item 3. Defaults Upon Senior Securities | 78 |
| Item 4. Mine Safety Disclosures | 78 |
| Item 5. Other Information | 78 |
| Item 6. Exhibits | 79 |
| Signatures | 80 |
PART I - FINANCIAL INFORMATION
The March 31, 2024 and December 31, 2023, consolidated balance sheets of United Bankshares, Inc. and Subsidiaries (“United” or the “Company”), consolidated statements of income and comprehensive income for the three months ended March 31, 2024 and 2023, the related consolidated statement of changes in shareholders’ equity for the three months ended March 31, 2024 and 2023, the related condensed consolidated statements of cash flows for the three months ended March 31, 2024 and 2023, and the notes to consolidated financial statements appear on the following pages.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.