Financial Statements

United Bankshares, Inc. (UBSI)


+1.81 (+5.53%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 1,3911,2051,1331,013-
Net Income 380368289260256
Stock Dividends -2-1-53-2899
Dividend Paid -193-181-163-139-142
Retained Earnings 1,5751,3911,2051,1331,013

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 27924515495-
Annual Depreciation -2084911070101
Capital Expenditure --15-19-11-6
Net PPE 7127924515495

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -1,4781,4781,7971,886
New Purchases -976-902-736-1,559-1,672
Intangible and Goodwill 1,4781,4781,7971,8861,889

United Bankshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes United Bankshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.