United Bankshares declared a third-quarter dividend of $0.38 per share, unchanged from the company’s regular quarterly payout structure, and said the dividend will total about $51.8 million across 136.2 million shares. The dividend is payable Oct. 1, 2026, to shareholders of record as of Sept. 11, 2026.
The company also approved a new stock repurchase program authorizing purchases of up to 6.8 million shares, or about 5% of its issued and outstanding common stock. That new plan replaces the repurchase authorization approved in November 2025.
The company said 2025 marked its 52nd consecutive year of dividend increases, extending a long-running record among major U.S. banking companies.
United Bankshares reported consolidated assets of about $34 billion as of June 30, 2026. Its banking subsidiary operates more than 240 offices across Washington, D.C., Virginia, West Virginia, Maryland, North Carolina, South Carolina, Georgia, Ohio and Pennsylvania. As a result of these announcements, the company's shares have moved 0.18% on the market, and are now trading at a price of $47.895. For the full picture, make sure to review UNITED BANKSHARES INC/WV's 8-K report.
