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United Bankshares Inc.$37.05   

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Income Statement for United Bankshares Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release
Net Sales or Revenues $763.88 $540.37 $497.26
Cost of Goods Sold N/A $29.13 $28.02
Gross Profit $763.88 $511.25 $469.23
       
Research & Development Expense N/A $0.00 $0.00
Selling, General, & Admin. Expense $388.04 $272.71 $254.26
Income Before Depreciation $375.84 $238.54 $214.97
       
Depreciation, Depletion, Amortization $7.77 $0.00 $0.00
Non-Operating Income ($8.43) $0.00 $0.00
Interest Expense N/A $15.89 $11.48
Pretax Income $284.83 $222.66 $203.49
       
Provision for Income Taxes $134.25 $75.58 $65.53
Minority Interest N/A $0.00 $0.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $150.58 $147.08 $137.96
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $150.58 $147.08 $137.96
       
Basic Earnings Per Share $1.54 $2.00 $1.99
Diluted Earnings Per Share $1.54 $1.99 $1.98
       
Weighted Average Basic Shares Outstanding 97.50 73.53 69.34
Weighted Average Diluted Shares Outstanding 97.89 73.89 69.63
       
Income Before Non-Recurring Items $188.28 $147.08 $137.96
Income From Non-Recurring Items ($37.70) $0.00 $0.00
Diluted Earnings Per Share before extras $1.90 $1.99 $1.98
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $139.64 $107.01 $89.79
Dividend Per Share (common) $1.33 $1.32 $1.29




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