UBSI / United Bankshares, Inc. - Pengajuan SECLaporan Tahunan, Pernyataan Proksi

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT T

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 Uni

Form of Change in Control Agreement.

EX-10.1 Exhibit 10.1 CHANGE IN CONTROL AGREEMENT This Change in Control Agreement (this “Agreement”), dated as of [•], 2025, is by and between United Bankshares, Inc., a West Virginia corporation (the “Company”), and [•] (“Executive”). Recitals WHEREAS, the board of directors of the Company (the “Board”) has determined that it is in the best interests of the Company and its shareholders to secure

Form of Restricted Share Award Agreement under the United Bankshares, Inc. 2025 Equity Incentive Plan.

EX-10.4 Exhibit 10.4 FORM OF RESTRICTED SHARE AWARD AGREEMENT UNDER THE UNITED BANKSHARES, INC. 2025 EQUITY INCENTIVE PLAN Name of Grantee: [GRANTEE NAME] No. of Restricted Shares: [# SHARES] Grant Date: [GRANT DATE] Pursuant to the United Bankshares, Inc. 2025 Equity Incentive Plan (the “Plan”), United Bankshares, Inc. (the “Company”) hereby grants the number of shares of the Company’s common sto

Form of Amendment to United Bankshares, Inc. Supplemental Executive Retirement Agreement.

EX-10.6 Exhibit 10.6 FORM OF [FIRST] AMENDMENT TO UNITED BANKSHARES, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT THIS [FIRST] AMENDMENT TO THE UNITED BANKSHARES, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT (this “Amendment”), made and entered into as of [•], is by and between UNITED BANKSHARES, INC., a West Virginia corporation (the “Company”), and [•] (hereinafter referred to as the “Ex

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 29, 2025 Date of Report (Date of earliest event reported) United Bankshares, I

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 29, 2025 Date of Report (Date of earliest event reported) United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

Form of Restricted Stock Unit Award Agreement under the United Bankshares, Inc. 2025 Equity Incentive Plan.

EX-10.3 Exhibit 10.3 FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE UNITED BANKSHARES, INC. 2025 EQUITY INCENTIVE PLAN Name of Grantee: [GRANTEE NAME] No. of Restricted Stock Units: [# UNITS] Grant Date: [GRANT DATE] Pursuant to the United Bankshares, Inc. 2025 Equity Incentive Plan (the “Plan”), United Bankshares, Inc. (the “Company”) hereby grants the number of restricted stock units li

Form of Stock Option Award Agreement under the United Bankshares, Inc. 2025 Equity Incentive Plan.

EX-10.5 Exhibit 10.5 FORM OF STOCK OPTION AWARD AGREEMENT UNDER THE UNITED BANKSHARES, INC. 2025 EQUITY INCENTIVE PLAN Name of Grantee: [GRANTEE NAME] No. of Stock Options: [# OPTIONS] Type of Options: [Incentive Stock Option][Non-statutory Stock Option] Grant Date: [GRANT DATE] Exercise Price: [EXERCISE PRICE] Expiration Date: [EXPIRATION DATE]1 Pursuant to the United Bankshares, Inc. 2025 Equity

Form of Performance-Based Restricted Stock Unit Award Agreement under the United Bankshares, Inc. 2025 Equity Incentive Plan.

EX-10.2 Exhibit 10.2 FORM OF PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE UNITED BANKSHARES, INC. 2025 EQUITY INCENTIVE PLAN Name of Grantee: [GRANTEE NAME] Target No. of Performance-Based Restricted Stock Units: [# UNITS] Grant Date: [GRANT DATE] Pursuant to the United Bankshares, Inc. 2025 Equity Incentive Plan (the “Plan”), United Bankshares, Inc. (the “Company”) hereby gra

This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Th

EX-99.2 Second Quarter 2025 Earnings Review United Bankshares, Inc. (UBSI) July 24, 2025 Exhibit 99.2 This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are intended to b

United Bankshares, Inc. Announces Record Earnings for the Second Quarter of 2025

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 24, 2025 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Second Quarter of 2025 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported record earnings for the second quarter of 2025 of $120.7 million, or $

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 24, 2025 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 24, 2025 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of t

Filing Fee Table (filed herewith)

Calculation of Filing Fee Tables S-8 UNITED BANKSHARES INC/WV Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee 1 Equity Common Stock, $2.

As filed with the Securities and Exchange Commission on May 30, 2025

S-8 As filed with the Securities and Exchange Commission on May 30, 2025 Registration No.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 14, 2025 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31 , 2025 OR ☐ TRANSITION REPORT PURSUANT

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31 , 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from       to       Commission File Number:

This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Th

First Quarter 2025 Earnings Review United Bankshares, Inc. (UBSI) April 24, 2025 Exhibit 99.2 This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are intended to be covere

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 24, 2025 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

United Bankshares, Inc. Announces Earnings for the First Quarter of 2025

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 24, 2025 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the First Quarter of 2025 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the first quarter of 2025 of $84.3 million, or $0.59 per diluted share.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒       Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidenti

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒       Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐

United Bankshares, Inc. Insider Trading Policy (filed herewith)

EX-19 Exhibit 19 Insider Trading Policy 1. Introduction and Purpose This Policy outlines the guidelines with respect to transactions in the securities of United Bankshares, Inc. (“UBSI”) and the handling of confidential information about UBSI. Rule 10b-5 of the Securities Exchange Act of 1934 (“the Exchange Act”) makes it illegal for any person to make any untrue statement of material fact or omit

Subsidiaries of the Registrant (filed herewith)

EX-21.1 Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia George Mason Mortgage, LLC Virgi

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United Bankshares, Inc. (

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 24, 2025 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2024

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 24, 2025 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2024 WASHINGTON, D.C. and CHARLESTON, WV — United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter of 2024 of $94.4 million, or $0.69 per d

Achieved Net Income of $373.0 million and Diluted Earnings Per Share of $2.75 Generated Return on Average Assets of 1.26%, Return on Average Equity of 7.61%, and Return on Average Tangible Equity* of 12.43% Increased dividends to shareholders for the

Fourth Quarter & Fiscal Year 2024 Earnings Review United Bankshares, Inc. (UBSI) January 24, 2025 EXHIBIT 99.2 This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are inte

United Bankshares, Inc. Completes Acquisition of Piedmont Bancorp, Inc. Merger strengthens United’s growing presence across the Southeast

Exhibit 99.1 News Release For Immediate Release Investor Contact: W. Mark Tatterson January 10, 2025 Chief Financial Officer (800) 445-1347 ext. 8716 Media Contact: Jacquie Toppings VP, Director of Communications [email protected] United Bankshares, Inc. Completes Acquisition of Piedmont Bancorp, Inc. Merger strengthens United’s growing presence across the Southeast WASHINGTON, D

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 10, 2025 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 29, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSU

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2024

Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 24, 2024 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2024 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the third quarter of 2024 of $95.3 million, or $

Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 24, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Achieved Net Income of $95.3 million and Diluted Earnings Per Share of $0.70 Generated Return on Average Assets of 1.28%, Return on Average Equity of 7.72%, and Return on Average Tangible Equity* of 12.59% Net Interest Margin (FTE) increased from 3.5

Third Quarter 2024 Earnings Review United Bankshares, Inc. (UBSI) October 24, 2024 Exhibit 99.2 This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are intended to be cove

United Bankshares, Inc. Elects Dr. Sara DuMond to its Board of Directors

Exhibit 99.1 News Release For Immediate Release Contact: Jacquie Toppings Aug. 26, 2024 VP, Director of Communications [email protected] United Bankshares, Inc. Elects Dr. Sara DuMond to its Board of Directors WASHINGTON, D.C. & CHARLESTON, W.Va. – United Bankshares, Inc. (“United”) (NASDAQ: UBSI), a $30 billion regional financial services company, today announced the appointment

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 26, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT T

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2024 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2024 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2024

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 25, 2024 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2024 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the second quarter of 2024 of $96.5 million, or $

UBSI and Piedmont caution that the foregoing list of factors is not exclusive. All subsequent written and oral forward-looking statements concerning the proposed transaction or other matters attributable to UBSI or Piedmont or any person acting on th

EX-99.2 Second Quarter 2024 Earnings Review United Bankshares, Inc. (UBSI) July 25, 2024 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“UBSI”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking s

MERGER PROPOSED—YOUR VOTE IS VERY IMPORTANT

Table of Contents Filed Pursuant to 424(b)(3) Registration No. 333-280677 MERGER PROPOSED—YOUR VOTE IS VERY IMPORTANT Dear Shareholder: On May 10, 2024, United Bankshares, Inc., or United Bankshares, and Piedmont Bancorp, Inc., or Piedmont, announced a strategic business combination in which Piedmont will merge with and into United Bankshares. The combined company, which will retain the United Ban

July 17, 2024

July 17, 2024 VIA EDGAR U.S. Securities and Exchange Commission Division of Corporation Finance 100 F Street, N.E. Washington, D.C. 20549 Attn: Robert Arzonetti Re: United Bankshares, Inc. Registration Statement on Form S-4 (as amended) File No. 333-280677 Ladies and Gentlemen: Pursuant to Rule 461 promulgated under the Securities Act of 1933, as amended, United Bankshares, Inc. (the “Company”) he

Form of Proxy Card for Piedmont Bancorp, Inc.

Exhibit 99.2 PIEDMONT BANCORP, INC. THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS 2024 ANNUAL MEETING OF SHAREHOLDERS – TUESDAY, AUGUST 27, 2024 AT 4:30 PM CONTROL ID:       REQUEST ID:       The undersigned hereby appoints Monty G. Watson and Philip F. Resch or either of them, as proxies, each with the power to appoint a substitute, and hereby authorizes them or either of them to re

As filed with the Securities and Exchange Commission on July 17, 2024

Table of Contents As filed with the Securities and Exchange Commission on July 17, 2024 Registration No.

As filed with the Securities and Exchange Commission on July 3, 2024

Table of Contents As filed with the Securities and Exchange Commission on July 3, 2024 Registration No.

Bank Agreement and Plan of Merger of the Piedmont Bank with and into United Bank dated May 9, 2024.

Exhibit 99.4 BANK AGREEMENT AND PLAN OF MERGER of PIEDMONT BANK with and into UNITED BANK THIS BANK AGREEMENT AND PLAN OF MERGER by and between Piedmont Bank (“Piedmont Bank”) and United Bank (“United Bank”) is dated as of May 9, 2024 (this “Bank Merger Agreement”). WHEREAS, Piedmont Bank is a Georgia chartered commercial bank organized and existing under the Code of Georgia (the “Georgia Code”) w

Consent of Burke Stelling Group, LLC

Exhibit 99.3 Burke Stelling Group, LLC 2839 Paces Ferry Rd Suite 840 Atlanta, Georgia 30339 Consent of Burke Stelling Group, LLC We hereby consent to the inclusion of our opinion letter to the Board of Directors of Piedmont Bancorp, Inc. (the “Company”) as an Appendix to the Proxy Statement/Prospectus relating to the proposed merger of the Company with and into United Bankshares, Inc. contained in

Filing fee table.

Exhibit 107 Calculation of Filing Fee Tables Form S-4 (Form Type) United Bankshares, Inc.

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 2, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

EXPLANATORY NOTE

Exhibit 99.1 EXPLANATORY NOTE United Bankshares, Inc. (“United” or the “Company”) is filing this Current Report on Form 8-K (this “Form 8-K”) to solely to recast certain financial information and related disclosures included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on Febru

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of t

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2024 United Bankshares, I

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 9, 2024 United Bankshares, In

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 9, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or orga

FORWARD LOOKING STATEMENTS (Continued) UBSI and Piedmont caution that the foregoing list of factors is not exclusive. All subsequent written and oral forward-looking statements concerning the proposed transaction or other matters attributable to UBSI

UBSI expands into the attractive Greater Atlanta Area, adding to its growing presence in the Southeast.

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 9, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or orga

Agreement and Plan of Merger, dated May 9, 2024, by and between United Bankshares, Inc. and Piedmont Bancorp, Inc. (incorporated into this filing by reference to Exhibit 2.1 to the Form 8-K dated May 9, 2024 and filed May 10, 2024 for United Bankshares, Inc., File No. 002-86947)

Exhibit 2.1 Execution Version AGREEMENT AND PLAN OF MERGER dated as of May 9, 2024 by and between UNITED BANKSHARES, INC. and PIEDMONT BANCORP, INC. TABLE OF CONTENTS Page ARTICLE I Certain Definitions 1    1.01 Certain Definitions 1 ARTICLE II The Merger 9 2.01 The Merger 9 2.02 Effective Date and Effective Time 10 2.03 Tax Consequences 10 ARTICLE III The Bank Merger 10 3.01 The Bank Merger 10 3.

United Bankshares, Inc. to Acquire Piedmont Bancorp, Inc.

Exhibit 99.1 News Release For Immediate Release Investor Contact: W. Mark Tatterson May 10, 2024 Chief Financial Officer (800) 445-1347 ext. 8716 Media Contact: Jacquie Toppings VP, Director of Communications [email protected] United Bankshares, Inc. to Acquire Piedmont Bancorp, Inc. Merger will bring together two high-performing banking companies, strengthen United’s growing pre

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 25, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

United Bankshares, Inc. Announces Earnings for the First Quarter of 2024

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 25, 2024 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the First Quarter of 2024 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the first quarter of 2024 of $86.8 million, or $0.64 per diluted share.

Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securi

First Quarter 2024 Earnings Review United Bankshares, Inc. April 25, 2024 exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒       Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒       Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐

United Bankshares, Inc. Compensation Recoupment Policy (filed herewith)

Exhibit 97 UNITED BANKSHARES, INC. COMPENSATION RECOUPMENT POLICY 1. Purpose. The purpose of this United Bankshares, Inc. (the “Company”) Compensation Recoupment Policy (this “Policy”) is to enable the Company to recover Erroneously Awarded Compensation from Covered Executive Officers in the event that the Company is required to prepare an Accounting Restatement. This Policy is designed to comply

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United Bankshares, Inc. (

Subsidiaries of Registrant (Incorporated herein by reference to United Bankshares, Inc.’s Form 10-K for the year ended December 31, 2023).

Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia George Mason Mortgage, LLC Virginia Cres

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv02153-unitedbanksharesincw.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 12)* Name of issuer: United Bankshares Inc/WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box

UBSI / United Bankshares, Inc. / DIMENSIONAL FUND ADVISORS LP - SEC SCHEDULE 13G Passive Investment

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* United Bankshares Inc/WV (Name of Issuer) Common Stock (Title of Class of Securities) 909907107 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which th

United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023

Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 26, 2024 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Fourth Quarter and Year of 2023 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter of 2023 of $79.4 million, or $0.59 per di

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 26, 2024 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Achieved Net Income of $366.3 million and Diluted Earnings Per Share of $2.71 Generated Return on Average Assets of 1.25%, Return on Average Equity of 7.87%, and Return on Average Tangible Equity* of 13.33% Increased dividends to shareholders for the

Fourth Quarter & Fiscal Year 2023 Earnings Review United Bankshares, Inc. January 26, 2024 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looki

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSU

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-8694

Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 25, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Achieved Net Income of $96.2 million and Diluted Earnings Per Share of $0.71 Generated Return on Average Assets of 1.31%, Return on Average Equity of 8.14%, and Return on Average Tangible Equity* of 13.71% Ranked #1 most trustworthy bank in Newsweek’

Third Quarter 2023 Earnings Review United Bankshares, Inc. October 25, 2023 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements a

United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2023

Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 25, 2023 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2023 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the third quarter of 2023 of $96.2 million, or $

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT T

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2023

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 27, 2023 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2023 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the second quarter of 2023 of $92.5 million, or $

Achieved Net Income of $92.5 million and Diluted Earnings Per Share of $0.68 Generated Return on Average Assets of 1.26%, Return on Average Equity of 7.96%, and Return on Average Tangible Equity* of 13.47% Ranked #1 most trustworthy bank in Newsweek’

EX-99.2 Second Quarter 2023 Earnings Review United Bankshares, Inc. July 27, 2023 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statem

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 27, 2023 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 27, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K

11-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 10, 2023 United Bankshares, I

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 10, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 26, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

Achieved Net Income of $98.3 million and Diluted Earnings Per Share of $0.73 Generated Return on Average Assets of 1.35%, Return on Average Equity of 8.72%, and Return on Average Tangible Equity* of 14.97% Ranked #1 most trustworthy bank in Newsweek’

EX-99.2 First Quarter 2023 Earnings Review United Bankshares, Inc. April 26, 2023 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statem

United Bankshares, Inc. Announces Earnings for the First Quarter of 2023

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 26, 2023 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the First Quarter of 2023 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the first quarter of 2023 of $98.3 million, or $0.73 per diluted

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 3, 2023 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 3, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

DEFA14A Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United Bankshares, Inc. (

Subsidiaries of the Registrant (filed herewith)

EX-21.1 Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia George Mason Mortgage, LLC Virgi

UBSI / United Bankshares, Inc. / DIMENSIONAL FUND ADVISORS LP - SEC SCHEDULE 13G Passive Investment

SC 13G 1 SEC13GFiling.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* United Bankshares Inc/WV (Name of Issuer) Common Stock (Title of Class of Securities) 909907107 (CUSIP Number) December 30, 2022 (Date of Event Which Requires Filing of this Statement) Check the appropriate box t

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SC 13G/A 1 tv02120-unitedbanksharesincw.htm SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 11)* Name of issuer: United Bankshares Inc./WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 30, 2022 Check the appropriate box

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 26, 2023 United Bankshare

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 26, 2023 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

United Bankshares, Inc. Announces Record Earnings for the Year of 2022

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 26, 2023 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Year of 2022 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported record earnings for the year of 2022 of $379.6 million as compared to earning

Achieved record Net Income of $379.6 million. Diluted Earnings Per Share were $2.80 Generated Return on Average Assets of 1.31%, Return on Average Equity of 8.25%, and Return on Average Tangible Equity* of 14.11% Achieved full-year period end loan gr

EX-99.2 Fourth Quarter & Fiscal Year 2022 Earnings Review United Bankshares, Inc. January 26, 2023 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forwa

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSU

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2022

Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 27, 2022 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2022 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today reported earnings for the third quarter of 2022 of $102.6 million, or

Achieved Net Income of $102.6 million and Diluted Earnings Per Share of $0.76 Generated Return on Average Assets of 1.41%, Return on Average Equity of 8.96%, and Return on Average Tangible Equity* of 15.46% Achieved period end annualized loan growth

Third Quarter 2022 Earnings Review United Bankshares, Inc. October 27, 2022 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements a

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 27, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT T

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 Uni

Achieved Net Income of $95.6 million and Diluted Earnings Per Share of $0.71 Generated Return on Average Assets of 1.32%, Return on Average Equity of 8.33%, and Return on Average Tangible Equity* of 14.23% Achieved period end annualized loan growth o

Second Quarter 2022 Earnings Review United Bankshares, Inc. July 28, 2022 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2022

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 28, 2022 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2022 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today reported earnings for the second quarter of 2022 of $95.6 million, or $0.71 per

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 28, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ? ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2021 ? TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of t

514 Market Street, Parkersburg, WV 26102

June 9, 2022 VIA EDGAR Mr. Jacob Luxenburg Ms. Bonnie Baynes Division of Corporation Finance Office of Finance Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Re: UNITED BANKSHARES INC/WV Form 10-K for Fiscal Year Ended December 31, 2021 Filed March 1, 2022 File Number 002-86947 To those addressed: This letter is provided on behalf of United Bankshares, Inc. (“United” or

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 10)* Name of issuer: United Bankshares Inc./WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: May 31, 2022 Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Restated Bylaws (incorporated into this filing by reference to Exhibit 3.1 to the Current Report on Form 8-K dated May 11, 2022 and filed on May 17, 2022 for United Bankshares, Inc., File No. 002-86947)

Exhibit 3.1 UNITED BANKSHARES, INC. RESTATED BYLAWS Effective May rch 20 11, 2022 1 0 ARTICLE I Offices Section 1. The principal office of the corporation shall be located at 500 Virginia Street East, Charleston, West Virginia, provided that the Board of Directors shall have power to change the location of the principal office at is discretion. Section 2. The corporation may also have offices and

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits, Other Events, Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 11, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 26, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

United Bankshares, Inc. Announces Earnings for the First Quarter of 2022

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 26, 2022 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the First Quarter of 2022 WASHINGTON, D.C. and CHARLESTON, WV ? United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today reported earnings for the first quarter of 2022 of $81.7 million, or $0.60 per diluted share,

Achieved Net Income of $81.7 million and Diluted Earnings Per Share of $0.60 Generated Return on Average Assets of 1.13%, Return on Average Equity of 6.96%, and Return on Average Tangible Equity* of 11.63% Achieved period end annualized loan growth o

First Quarter 2022 Earnings Review United Bankshares, Inc. April 26, 2022 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ? Filed by a party other than the Registrant ? Check the appropriate box: ? Preliminary Proxy Statement ? Confid

Subsidiaries of the Registrant (filed herewith)

Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia George Mason Mortgage, LLC Virginia Cres

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 28, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

Fifth Amended and Restated Employment Agreement between United Bankshares, Inc. and Richard M. Adams

EX-10.1 2 d323697dex101.htm EX-10.1 Exhibit 10.1 FIFTH AMENDED EMPLOYMENT AGREEMENT BETWEEN UNITED BANKSHARES, INC. AND RICHARD M. ADAMS TABLE OF CONTENTS I. EMPLOYMENT 2 II. DUTIES AND RESPONSIBILITIES 2 A. As Chairman and Chief Executive Officer of United 2 B. As Chairman and Chief Executive Officer of Bank 2 C. Full Time Employment — Best Efforts 2 III. TERM; EXTENSIONS 2 IV. TERMINATION OF EMP

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SE

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ? ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31 , 2021 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United

United Bankshares Announces Executive Management Reorganization

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson February 28, 2022 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares Announces Executive Management Reorganization WASHINGTON, D.C. and CHARLESTON, WV- Richard M. Adams, Chairman and CEO of United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today announced the Board of Directors? approval of an executive man

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 9)* Name of issuer: United Bankshares Inc./WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 31, 2021 Check the appropriate box to designate the rule pursuant to which this Schedule is fi

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 27, 2022 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Achieved record Net Income of $367.7 million and record Diluted Earnings Per Share of $2.83 Generated Return on Average Assets of 1.35%, Return on Average Equity of 8.30%, and Return on Average Tangible Equity* of 14.18% Closed the merger with Commun

Fourth Quarter & Fiscal Year 2021 Earnings Review United Bankshares, Inc. January 27, 2022 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looki

United Bankshares, Inc. Announces Record Earnings for the Year 2021

EX-99.1 2 d259172dex991.htm EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 27, 2022 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Year 2021 WASHINGTON, D.C. and CHARLESTON, WV— United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter and the year of 2021

As filed with the Securities and Exchange Commission on December 8, 2021

As filed with the Securities and Exchange Commission on December 8, 2021 Registration No.

Regulation FD Disclosure, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Completion of Acquisition or Disposition of Assets

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 3, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

Agreement and Plan of Reorganization, dated June 2, 2021, by and between United Bankshares, Inc. and Community Bankers Trust Corporation (incorporated into this filing by reference to Exhibit 2.1 to the Form 8-K dated December 3, 2021 and filed December 3, 2021 for United Bankshares, Inc., File No. 002-86947)

Exhibit 2.1 Execution Version AGREEMENT AND PLAN OF REORGANIZATION dated as of June 2, 2021 by and between UNITED BANKSHARES, INC. and COMMUNITY BANKERS TRUST CORPORATION Table of Contents Page ARTICLE I Certain Definitions A-1 1.01 Certain Definitions A-1 ARTICLE II The Merger A-7 2.01 The Merger A-7 2.02 Effective Date and Effective Time A-8 2.03 Tax Consequences A-8 ARTICLE III The Bank Merger

United Bankshares, Inc. Completes Its Acquisition of Community Bankers Trust Corporation

Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson December 3, 2021 Chief Financial Officer (800) 445-1347 ext.8716 United Bankshares, Inc. Completes Its Acquisition of Community Bankers Trust Corporation WASHINGTON, D.C. and CHARLESTON, WV ? United Bankshares, Inc. (?United?) (NASDAQ: UBSI), the parent company of United Bank, announced the completion of its acquisition of

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSU

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 26, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2021

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 26, 2021 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2021 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today reported earnings for the third quarter and first nine months of 2021.

Achieved quarterly Net Income of $92.2 million and quarterly Diluted Earnings Per Share of $0.71 Generated Return on Average Assets of 1.33%, Return on Average Equity of 8.23%, and Return on Average Tangible Equity* of 14.03% Achieved period-end annu

Third Quarter 2021 Earnings Review United Bankshares, Inc. October 26, 2021 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements a

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 26, 2021 United Bankshare

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 26, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

MERGER PROPOSED—YOUR VOTE IS VERY IMPORTANT

Table of Contents Filed Pursuant to 424(b)(3) Registration No. 333-258967 MERGER PROPOSED?YOUR VOTE IS VERY IMPORTANT Dear Shareholder: On June 2, 2021, United Bankshares, Inc. and Community Bankers Trust Corporation announced a strategic business combination in which Community Bankers Trust will merge with and into United Bankshares. The combined company, which will retain the United Bankshares n

As filed with the Securities and Exchange Commission on October 1, 2021

Table of Contents As filed with the Securities and Exchange Commission on October 1, 2021 Registration No.

October 1, 2021

October 1, 2021 Division of Corporation Finance VIA EDGAR U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: United Bankshares, Inc. Registration Statement on Form S-4 (as amended) File No. 333-258967 Ladies and Gentlemen: Pursuant to Rule 461 promulgated under the Securities Act of 1933, as amended, United Bankshares, Inc., a West Virginia corporation (the ?Comp

Agreement and Plan of Merger of Essex Bank with and into United Bank dated June 2, 2021.

Exhibit 99.4 AGREEMENT AND PLAN OF MERGER of ESSEX BANK with and into UNITED BANK THIS AGREEMENT AND PLAN OF MERGER by and between Essex Bank (?Essex Bank?) and United Bank (?United Bank?) is dated as of June 2, 2021 (this ?Bank Merger Agreement?). WHEREAS, Essex Bank is a Virginia chartered commercial bank organized and existing under the Code of Virginia (the ?Virginia Code?) with its principal

Form of Proxy Card for Community Bankers Trust Corporation.

Exhibit 99.2 [FORM OF PROXY] YOUR VOTE IS IMPORTANT. PLEASE VOTE TODAY. Vote by Internet or Telephone ? QUICK EASY IMMEDIATE ? 24 Hours a Day, 7 Days a Week or by Mail COMMUNITY BANKERS TRUST CORPORATION Your Internet or phone vote authorizes the named proxies to vote your shares in the same manner as if you marked, signed and returned your proxy card. Votes submitted electronically over the Inter

Consent of Piper Sandler & Co.

Exhibit 99.3 1251 AVENUE OF THE AMERICAS, 6TH FLOOR NEW YORK, NY 10020 P 212 466-7800 | TF 800 635-6851 Piper Sandler & Co. Since 1885. Member SIPC and NYSE. CONSENT OF PIPER SANDLER & CO. We hereby consent to the inclusion of our opinion letter to the Board of Directors of Community Bankers Trust Corporation (the ?Company?) as an Appendix to the Proxy Statement/Prospectus relating to the proposed

Powers of Attorney for legacy Directors and Officers of United Bankshares, Inc. (incorporated by reference to the signature page of the Registration Statement on Form S-4 filed August 20, 2021, (333-258967) to which this Post-Effective Amendment No. 1 relates).

Table of Contents As filed with the Securities and Exchange Commission on August 20, 2021 Registration No.

Employment Agreement, dated June 2, 2021, by and between Rex L. Smith, III and United Bank.

Exhibit 99.5 EMPLOYMENT AGREEMENT This Agreement (this ?Agreement?) is made effective as of June 2, 2021 (the ?Execution Date?) by and between UNITED BANK, a Virginia state-chartered bank (?United Bank?) and wholly-owned subsidiary of UNITED BANKSHARES, INC., a West Virginia corporation and registered bank holding company (the ?Company?), and REX L. SMITH, III (?Executive?). This Agreement shall t

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 23, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2021

EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 23, 2021 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2021 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (?United?), today reported earnings for the second quarter and first half of 2021. Earnings for t

Achieved quarterly Net Income of $94.8 million and quarterly Diluted Earnings Per Share of $0.73 Generated Return on Average Assets of 1.41%, Return on Average Equity of 8.69%, and Return on Average Tangible Equity* of 14.95% Announced the signing of

Second Quarter 2021 Earnings Review United Bankshares, Inc. July 23, 2021 Exhibit 99.2 Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (?United?) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 23, 2021 United Bankshares,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 23, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ? ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2020 ? TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of t

Merger Between United Bankshares, Inc. and Community Bankers Trust Corporation Investor Presentation June 3, 2021

EXHIBIT 99.2 Merger Between United Bankshares, Inc. and Community Bankers Trust Corporation Investor Presentation June 3, 2021 United Bankshares, Inc. (UBSI) to Acquire Community Bankers Trust Corporation (ESXB) STRATEGIC ACQUISITION STRENGTHENS UNITED?S POSITION AS ONE OF THE LARGEST AND BEST PERFORMING REGIONAL BANKING COMPANIES IN THE MID-ATLANTIC AND SOUTHEAST June 3, 2021 Forward Looking Stat

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 2, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

United Bankshares, Inc. to Acquire Community Bankers Trust Corporation

Exhibit 99.1 News Release For Immediate Release UBSI Contact: W. Mark Tatterson June 3, 2021 Chief Financial Officer (800) 445-1347 ext.8716 ESXB Contact: Bruce E. Thomas Chief Financial Officer (804) 934-9999 United Bankshares, Inc. to Acquire Community Bankers Trust Corporation WASHINGTON, D.C., CHARLESTON, WV, and RICHMOND, VA ? United Bankshares, Inc. (?United?) (NASDAQ: UBSI), the parent comp

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 2, 2021 United Bankshares, I

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 2, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

Agreement and Plan of Reorganization, dated June 2, 2021, by and between United Bankshares, Inc. and Community Bankers Trust Corporation (incorporated into this filing by reference to Exhibit 2.1 to the Form 8-K dated June 2, 2021 and filed June 3, 2021 for United Bankshares, Inc., File No. 002-86947)

EX-2.1 2 d158023dex21.htm EX-2.1 Exhibit 2.1 Execution Version AGREEMENT AND PLAN OF REORGANIZATION dated as of June 2, 2021 by and between UNITED BANKSHARES, INC. and COMMUNITY BANKERS TRUST CORPORATION Table of Contents Page ARTICLE I Certain Definitions 1 1.01 Certain Definitions 1 ARTICLE II The Merger 9 2.01 The Merger 9 2.02 Effective Date and Effective Time 9 2.03 Tax Consequences 10 ARTICL

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 12, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 23, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

United Bankshares, Inc. Announces Record Earnings for the First Quarter of 2021

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 23, 2021 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the First Quarter of 2021 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported record earnings for the first quarter of 2021 of $106.9 million, or $0

1Q21 HIGHLIGHTS Achieved record quarterly Net Income of $106.9 million and record quarterly Diluted Earnings Per Share of $0.83 Generated Return on Average Assets of 1.64%, Return on Average Equity of 9.97%, and Return on Average Tangible Equity* of

EX-99.2 3 d80596dex992.htm EX-99.2 United Bankshares, Inc. First Quarter 2021 Earnings Review April 23, 2021 Exhibit 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. T

Proxy Statement

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ) Filed by the Registrant ? Filed by a Party other than the Registrant ? Check the appropriate box: ? Preliminary Proxy Statement ? Confidential, for Use of the Commission Only (as permitte

Annual Report - 10-K

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ? ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 OR ? TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United

Subsidiaries of Registrant (Incorporated herein by reference to United Bankshares, Inc.’s Form 10-K for the year ended December 31, 2020).

EX-21.1 2 d41296dex211.htm EX-21.1 Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia Georg

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 22, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

SCHEDULE 13G

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* United Bankshares Inc/WV (Name of Issuer) Common Stock (Title of Class of Securities) 909907107 (CUSIP Number) December 31, 2020 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which th

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 8)*

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 8)* Name of issuer: United Bankshares Inc./WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 31, 2020 Check the appropriate box to designate the rule pursuant to which this Schedule is fi

2020 HIGHLIGHTS Achieved record Net Income of $289.0 million for FY 2020. Diluted Earnings Per Share were $2.40 for the year Reported record mortgage banking revenue, net income, and volume Generated Return on Average Assets of 1.20%, Return on Avera

EX-99.2 3 d105262dex992.htm EX-99.2 United Bankshares, Inc. Fourth Quarter & Fiscal Year 2020 Earnings Review January 28, 2021 Exhibit 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Excha

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 28, 2021 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

United Bankshares, Inc. Announces Record Earnings for the Year 2020

EX-99.1 2 d105262dex991.htm EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 28, 2021 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Year 2020 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter and the year of 2020

Other Events - 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 18, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers - 8-K/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 17, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdicti

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

United Bankshares, Inc. Announces Record Earnings for the Third Quarter of 2020

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 23, 2020 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Third Quarter of 2020 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the third quarter and the first nine months of 2020. Ea

Financial Statements and Exhibits, Results of Operations and Financial Condition - 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 23, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

3Q20 HIGHLIGHTS Achieved record quarterly Net Income of $103.8 million and record quarterly Diluted Earnings Per Share of $0.80 Reported record mortgage banking revenue, net income, and volume Generated Return on Average Assets of 1.56%, Return on Av

EX-99.2 United Bankshares, Inc. Third Quarter 2020 Earnings Review October 23, 2020 Exhibit 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking stat

United Bankshares, Inc. Appoints Dr. Patrice A. Harris to its Board of Directors

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson September 18, 2020 Chief Financial Officer 800.445.1347 ext.8716 United Bankshares, Inc. Appoints Dr. Patrice A. Harris to its Board of Directors WASHINGTON, D.C. & CHARLESTON, W.Va. – United Bankshares, Inc. (“United”) (NASDAQ: UBSI), a $26.2 billion regional financial services company, has appointed Patrice A. Har

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits - 8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 17, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 31, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

2Q20 HIGHLIGHTS Successfully closed the merger with Carolina Financial on May 1, 2020 adding 73 branches located throughout the attractive markets of North and South Carolina Continue to support our customers’ needs through new loan originations, loa

EX-99.2 United Bankshares, Inc. Second Quarter 2020 Earnings Review July 24, 2020 EXHIBIT 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statem

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 24, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2020

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 24, 2020 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the Second Quarter and First Half of 2020 WASHINGTON, D.C. and CHARLESTON, WV— United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the second quarter and the first half of 2020. Ea

- FORM 11-K

Form 11-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of the p

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION

EX-99.1 2 d940982dex991.htm EX-99.1 Exhibit 99.1 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION The following unaudited pro forma condensed combined financial statements are based on the separate historical financial statements of United Bankshares, Inc. (“United Bankshares”) and Carolina Financial Corporation (“Carolina Financial”) after giving effect to the merger, the issuance of

Financial Statements and Exhibits, Completion of Acquisition or Disposition of Assets

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 1, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of i

- FORM S-8

Form S-8 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia 55-0641179 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 300 United Center 500 Virginia Street, East Charle

- S-8 POS

S-8 POS As filed with the Securities and Exchange Commission on May 20, 2020 Registration No.

Financial Statements and Exhibits, Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 12, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or org

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Regulation FD Disclosure, Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Completion of Acquisition or Disposition of Assets

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 1, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or orga

United Bankshares, Inc. Completes Its Acquisition of Carolina Financial Corporation

EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson May 1, 2020 Chief Financial Officer 800.445.1347 ext. 8716 United Bankshares, Inc. Completes Its Acquisition of Carolina Financial Corporation WASHINGTON, DC & CHARLESTON, W.Va. – United Bankshares, Inc. (“United”) (NASDAQ: UBSI), the parent company of United Bank (“United Bank”), announced the completion of its acq

United Bankshares, Inc. Announces Earnings for the First Quarter of 2020

EX-99.1 2 d916868dex991.htm EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 30, 2020 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Earnings for the First Quarter of 2020 WASHINGTON, D.C. and CHARLESTON, WV— United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today announced its earnings for the first quarter of 2020 and t

COVID-19 RESPONSE Branches Operating on a drive-up and walk-up basis, or by appointment Employees Majority working remotely - 85% of non-retail staff has remote capabilities Continuing to pay 100% of regular salaries for all employees All standalone

EX-99.2 3 d916868dex992.htm EX-99.2 United Bankshares, Inc. First Quarter 2020 Earnings Review April 30, 2020 Exhibit 99.2 Forward-Looking Statements Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securi

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 30, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 2, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or or

United Bankshares, Inc. 2020 Long-Term Incentive Plan – Incorporated by reference to Exhibit A of United’s 2020 Proxy Statement filed on March 30, 2020.

Notice & Proxy Statement Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

ADDITIONAL INFORMATION REGARDING THE SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON THURSDAY, APRIL 2, 2020

EX-99.2 Exhibit 99.2 ADDITIONAL INFORMATION REGARDING THE SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON THURSDAY, APRIL 2, 2020 The following Notice of Change of Location of Special Meeting of Stockholders (this “Notice”) supplements and relates to the original Notice of Special Meeting and Joint Proxy Statement/Prospectus (the “Proxy Statement”) of United Bankshares, Inc. (the “Company”), dated F

UBSI / United Bankshares, Inc. 425 - Merger Prospectus - FORM 425

Form 425 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 23, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorpora

UBSI / United Bankshares, Inc. DEFA14A - - DEFA14A

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party Other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as Permitted by Rule 14a-6(e)(2))

UNITED BANKSHARES INC. ANNOUNCES CHANGE OF LOCATION OF SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON APRIL 2, 2020

EX-99.1 2 d902065dex991.htm EX-99.1 Exhibit 99.1 News Release For Immediate Release Contact: W. Mark Tatterson March 23, 2020 Chief Financial Officer (800) 445-1347 ext. 8716 UNITED BANKSHARES INC. ANNOUNCES CHANGE OF LOCATION OF SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON APRIL 2, 2020 WASHINGTON, D.C. and CHARLESTON, WV — United Bankshares, Inc. (NASDAQ: UBSI) (“United”) announced today that,

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 23, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

Restated Bylaws (incorporated into this filing by reference to Exhibit 3.1 to the Current Report on Form 8-K dated and filed on March 20, 2020 for United Bankshares, Inc., File No.002-86947)

EX-3.1 Exhibit 3.1 UNITED BANKSHARES, INC. RESTATED BYLAWS Effective March 20, 2020 ARTICLE I Offices Section 1. The principal office of the corporation shall be located at 500 Virginia Street East, Charleston, West Virginia, provided that the Board of Directors shall have power to change the location of the principal office at is discretion. Section 2. The corporation may also have offices and ke

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 20, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

UBSI / United Bankshares, Inc. 425 - Merger Prospectus - FORM 425

Form 425 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 12, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorpora

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 12, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or o

Description of Registrant’s Securities (incorporated into this filing by reference to the Annual Report on Form 10-K dated December 31, 2019 and filed March 2, 2020 for United Bankshares, Inc., File No.002-86947)

EX-4.1 2 d837039dex41.htm EX-4.1 Exhibit 4.1 DESCRIPTION OF REGISTRANT’S SECURITIES The authorized capital stock of United Bankshares, Inc. (“United”) consists of 200,000,000 shares of common stock, par value $2.50 per share, and 50,000,000 shares of preferred stock, par value of $1.00 per share. As of December 31, 2019, only United’s common stock is registered under Section 12 of the Securities E

Annual Report - 10-K

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 002-86947 United

Subsidiaries of the Registrant (filed herewith)

EX-21.1 Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia George Mason Mortgage, LLC Virgi

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 24, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

MERGER PROPOSED – YOUR VOTE IS VERY IMPORTANT

Table of Contents Filed Pursuant to 424(b)(3) Registration No. 333-235944 MERGER PROPOSED ? YOUR VOTE IS VERY IMPORTANT Dear Stockholder: On November 18, 2019, United Bankshares, Inc., which we refer to as United Bankshares, and Carolina Financial Corporation, which we refer to as Carolina Financial, announced a strategic business combination in which Carolina Financial will merge with and into Un

UBSI / United Bankshares, Inc. / DIMENSIONAL FUND ADVISORS LP - SCHEDULE 13G Passive Investment

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* UNITED BANKSHARES INC (Name of Issuer) Common Stock (Title of Class of Securities) 909907107 (CUSIP Number) December 31, 2019 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Sc

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC - SCHEDULE 13G/A Passive Investment

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 7)* Name of issuer: United Bankshares Inc/WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 31, 2019 Check the appropriate box to designate the rule pursuant to which this Schedule is fil

Form of Proxy Card for Carolina Financial Corporation.

Exhibit 99.4 Your vote matters ? here?s how to vote! You may vote online or by phone instead of mailing this card. Votes submitted electronically must be received by 11:59 p.m., Eastern Time, on April 1, 2020. Online Go to www.investorvote.com/CARO or scan the QR code ? login details are located in the shaded bar below. Using a black ink pen, mark your votes with an X as shown in this example. Ple

UBSI / United Bankshares, Inc. CORRESP - -

CORRESP February 7, 2020 Division of Corporation Finance VIA EDGAR U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: United Bankshares, Inc. Registration Statement on Form S-4 (as amended) File No. 333-235944 Ladies and Gentlemen: Pursuant to Rule 461 promulgated under the Securities Act of 1933, as amended, United Bankshares, Inc., a West Virginia corporation (

As filed with the Securities and Exchange Commission on February 7, 2020

Table of Contents As filed with the Securities and Exchange Commission on February 7, 2020 Registration No.

Form of Proxy Card for United Bankshares, Inc.

EX-99.3 4 d811956dex993.htm EX-99.3 Exhibit 99.3 A Proposals — The Board of Directors recommends a vote FOR the following: Please mark your votes as indicated in this example. ☒ For Against Abstain 1. To approve the Agreement and Plan of Merger, dated as of November 17, 2019, by and between United Bankshares, Inc. and Carolina Financial Corporation, as may be amended from time to time (the “Merger

UBSI / United Bankshares, Inc. 425 - Merger Prospectus - FORM 425

Form 425 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 29, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorpo

Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 29, 2020 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or

2019 HIGHLIGHTS Achieved record Net Income of $260.1 million and record Diluted Earnings Per Share of $2.55 for FY 2019 Increased dividends to shareholders for the 46th consecutive year, with a current dividend yield of 3.9% (based upon recent prices

EX-99.2 United Bankshares, Inc. Fourth Quarter & Fiscal Year 2019 Earnings Review January 29, 2020 Exhibit 99.2 Forward-Looking Statements Forward Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchan

United Bankshares, Inc. Announces Record Earnings for the Year of 2019

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 29, 2020 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Year of 2019 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI), today reported earnings for the fourth quarter and year of 2019. Earnings for the fourth quarter of 201

Consent of Jerold L. Rexroad to be named as director

EX-99.8 Exhibit 99.8 CONSENT OF PROSPECTIVE DIRECTOR In accordance with Rule 438 promulgated under the Securities Act of 1933, as amended, I hereby consent to my being named in the Registration Statement on Form S-4, to which this consent is an exhibit, filed by United Bankshares, Inc. (the “Registrant”) with the Securities and Exchange Commission, and all amendments (including post-effective amen

Form of Proxy Card for United Bankshares, Inc.

EX-99.3 7 d811956dex993.htm EX-99.3 Exhibit 99.3 A Proposals — The Board of Directors recommends a vote FOR the following: Please mark your votes as indicated in this example. ☒ For Against Abstain 1. To approve the Agreement and Plan of Merger, dated as of November 17, 2019, by and between United Bankshares, Inc. and Carolina Financial Corporation, as may be amended from time to time (the “Merger

Powers of Attorney for legacy Directors and Officers of United Bankshares, Inc. (incorporated by reference to the signature page of the Registration Statement on Form S-4 filed January 16, 2020, (333-235944) to which this Post-Effective Amendment No. 1 relates)

S-4 Table of Contents As filed with the Securities and Exchange Commission on January 16, 2020 Registration No.

Bank Merger Agreement dated December 18, 2019 by and between United Bank and CresCom Bank

EX-99.7 11 d811956dex997.htm EX-99.7 Exhibit 99.7 AGREEMENT AND PLAN OF MERGER of CRESCOM BANK with and into UNITED BANK THIS AGREEMENT AND PLAN OF MERGER by and between CresCom Bank (“CresCom Bank”) and United Bank (“United Bank”) is dated as of 18th day of December, 2019 (this “Bank Merger Agreement”). WHEREAS, CresCom Bank is a South Carolina chartered commercial bank organized and existing und

Consent of Piper Sandler & Co.

EX-99.6 Exhibit 99.6 CONSENT OF PIPER SANDLER & CO. We hereby consent to the inclusion of our opinion letter to the Board of Directors of United Bankshares, Inc. (the “Company”) as an Appendix to the Prospectus and Joint Proxy Statement relating to the proposed merger of the Company with Carolina Financial Corporation contained in the Registration Statement on Form S-4, as filed with the Securitie

Form of Proxy Card for Carolina Financial Corporation.

EX-99.4 Exhibit 99.4 Your vote matters – here’s how to vote! You may vote online or by phone instead of mailing this card. Votes submitted electronically must be received by 11:59 p.m., Eastern Time, on April 1, 2020. Online Go to www.investorvote.com/CARO or scan the QR code – login details are located in the shaded bar below. Using a black ink pen, mark your votes with an X as shown in this exam

Consent of Raymond James & Associates, Inc.

EX-99.5 Exhibit 99.5 Consent of Raymond James & Associates, Inc. January 16, 2020 We hereby consent to the inclusion of our opinion letter to the Board of Directors of Carolina Financial Corporation as Appendix B to, and the description and summarization of the opinion letter in, the prospectus and joint proxy statement which forms a part of the Registration Statement on Form S-4 of United Banksha

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 17, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation o

UBSI / United Bankshares, Inc. 425 - Merger Prospectus - 425

425 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 17, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporati

Agreement and Plan of Merger, dated November 17, 2019, by and between United Bankshares, Inc. and Carolina Financial Corporation (incorporated into this filing by reference to Exhibit 2.1 to the Form 8-K dated November 17, 2019 and filed November 18, 2019 for United Bankshares, Inc., File No. 002-86947)

EX-2.1 2 d103053dex21.htm EX-2.1 Exhibit 2.1 Execution Version AGREEMENT AND PLAN OF MERGER BY AND BETWEEN UNITED BANKSHARES, INC. AND CAROLINA FINANCIAL CORPORATION Dated as of November 17, 2019 Table of Contents Page ARTICLE I THE MERGER 2 1.1 The Merger 2 1.2 Effective Time 2 1.3 Effects of the Merger 2 1.4 Conversion of Shares 2 1.5 Stock Options and Other Stock Awards 3 1.6 Articles of Incorp

United Bankshares, Inc. and Carolina Financial Corporation to Combine to Form Leading Community Bank in the Southeast and Mid-Atlantic

EX-99.1 Exhibit 99.1 News Release For Immediate Release United Contact: W. Mark Tatterson November 18, 2019 Chief Financial Officer (800) 445-1347 ext.8716 Carolina Financial Contact: William A. Gehman, III Chief Financial Officer (843) 723-7700 United Bankshares, Inc. and Carolina Financial Corporation to Combine to Form Leading Community Bank in the Southeast and Mid-Atlantic WASHINGTON, D.C. an

Creates Significant Strategic and Financial Value ï,§ Provides increased scale to drive growth, investment and innovation Meaningfully ïƒ~ ~$25.1 Billion in pro forma total assets Enhances ï,§ Complementary market presence across the

EX-99.2 Richard M. Adams Chairman of the Board & Chief Executive Officer W. Mark Tatterson Chief Financial Officer & Executive Vice President United Bankshares, Inc. to Acquire Carolina Financial Corporation Combining to Form Leading Community Bank in the Southeast and Mid-Atlantic November 18, 2019 www.UBSI-Inc.com Exhibit 99.2 Forward Looking Statements This presentation and statements made by U

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION W ashington, D.

Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Refo

EX-99.2 United Bankshares, Inc. Third Quarter 2019 Earnings Review October 24, 2019 EXHIBIT 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by

Results of Operations and Financial Condition

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 24, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or organization)

United Bankshares, Inc. Announces Record Earnings for the First Nine Months of 2019

EX-99.1 2 d794101dex991.htm EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson October 24, 2019 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the First Nine Months of 2019 WASHINGTON, D.C. and CHARLESTON, WV — United Bankshares, Inc. (NASDAQ: UBSI), today reported earnings for the third quarter and the first n

Other Events

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 18, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or organization)

Quarterly Report - 10-Q

Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Financial Statements and Exhibits, Results of Operations and Financial Condition

Form 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or organiz

Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Refo

EX-99.2 United Bankshares, Inc. Second Quarter 2019 Earnings Review July 25, 2019 Exhibit 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by t

United Bankshares, Inc. Announces Record Earnings for the Second Quarter and First Half of 2019

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson July 25, 2019 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Second Quarter and First Half of 2019 WASHINGTON, D.C. and CHARLESTON, WV- United Bankshares, Inc. (NASDAQ: UBSI), today reported record earnings for the second quarter and the first half of 2019.

UBSI / United Bankshares, Inc. 11-K - - FORM 11-K

Form 11-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ☒ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended December 31, 2018 ☐ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) COMMISSION FILE NO. 002-86947 A. Full title of the plan and address of the p

Submission of Matters to a Vote of Security Holders

Form 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or organiza

Quarterly Report - FORM 10-Q

Form 10-Q Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Refo

EX-99.2 United Bankshares, Inc. First Quarter 2019 Earnings Review April 25, 2019 Exhibit 99.2 Forward-Looking Statements This presentation and statements made by United Bankshares, Inc. (“United”) and its management may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by t

United Bankshares, Inc. Announces Increased Earnings

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson April 25, 2019 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Increased Earnings WASHINGTON, D.C. and CHARLESTON, WV — United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today announced earnings for the first quarter of 2019. Earnings for the first quarter of 2019 were $63.6 milli

Financial Statements and Exhibits, Results of Operations and Financial Condition

Form 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 25, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or organi

March 29, 2019

Notice & Proxy Statement Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Statement Re: Computation of Ratios (filed herewith)

EX-12.1 Exhibit 12.1 Computation of Ratios Net Income Per Share = Net Income/Average Common Shares Outstanding Cash Dividends Per Share = Dividends Paid/Actual Common Shares Outstanding Book Value Per Share = Total Shareholders’ Equity/Actual Common Shares Outstanding Return on Average Assets = Net Income/Average Assets Return on Average Shareholders’ Equity = Net Income/Average Shareholders’ Equi

Year ended December 31, 2018.

10-K Table of Contents FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Subsidiaries of the Registrant (filed herewith)

EX-21.1 3 d609374dex211.htm EX-21.1 Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT TITLE STATE OF INCORPORATION United Brokerage Services, Inc. West Virginia United Real Estate Property Services, Inc. West Virginia United Venture Fund, Inc. West Virginia United Title Company West Virginia United Bank Virginia NVA Properties, LLC Virginia NVA Residential, LLC Virginia NVA Commercial, LLC Virginia Geor

UBSI / United Bankshares, Inc. / VANGUARD GROUP INC Passive Investment

unitedbanksharesincwv.htm - Generated by SEC Publisher for SEC Filing SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 6 )* Name of issuer: United Bankshares Inc/WV Title of Class of Securities: Common Stock CUSIP Number: 909907107 Date of Event Which Requires Filing of this Statement: December 31, 2018 Check the appro

United Bankshares, Inc. Announces Record Earnings for the Year of 2018

EX-99.1 EXHIBIT 99.1 News Release For Immediate Release Contact: W. Mark Tatterson January 29, 2019 Chief Financial Officer (800) 445-1347 ext. 8716 United Bankshares, Inc. Announces Record Earnings for the Year of 2018 WASHINGTON, D.C. and CHARLESTON, WV — United Bankshares, Inc. (NASDAQ: UBSI), today reported earnings for the fourth quarter and year of 2018. Earnings for the fourth quarter of 20

Financial Statements and Exhibits, Results of Operations and Financial Condition

Form 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 29, 2019 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia No. 002-86947 55-0641179 (State or other jurisdiction of incorporation or orga