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United Bankshares, Inc. · NASDAQ · Financial Services
Browse public UBSI signals with their source context and measured market impact. Open any signal for its permanent analysis page.
UBSI will acquire Piedmont Bancorp for $267 million, enhancing regional presence. The merger is expected to be 7.6%-8.3% accretive to EPS in 2025-2026. UBSI will incur a one-time merger expense of $27.6 million. The deal aligns with UBSI's strategy for inorganic growth and operational efficiency.
View signal analysisUnited Bankshares reported $0.71 EPS, beating estimates by 9.23%. Quarterly revenues reached $256.81 million, exceeding expectations slightly. The stock has underperformed this year, losing 1.4%. Zacks Rank #2 indicates potential near-term stock outperformance. Consensus EPS estimate for next quarter is $0.66.
View signal analysis- UBSI quarterly earnings of $0.64/share missed Zacks estimate of $0.65/share. - Revenues for quarter ended March 2024 were $255.57 million, missing Zacks estimate. - United Bankshares shares have lost about 7.4% year-to-date. - Earnings outlook and estimate revisions are mixed, Zacks Rank is #3 (Hold). - Industry outlook for Banks - Southeast is in the top 37% of Zacks industries. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
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