Financial Statements

United Bankshares, Inc. (UBSI)


+1.00 (+2.89%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,2051,1331,013892-
Net Income 368289260256151
Stock Dividends -1-53-27863
Dividend Paid -181-163-139-142-121
Retained Earnings 1,3911,2051,1331,013892

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 24515495105-
Annual Depreciation 4911070-4119
Capital Expenditure -15-19-11-6-14
Net PPE 27924515495105

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,4781,4781,4781,797
New Purchases -1,008-976-902-736-1,559
Intangible and Goodwill 1,4781,4781,4781,7971,886

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.