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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Dec. 11, 4:17 PM

This Slide: #53 of 100

Slide #53. United Bankshares, Inc. — Piedmont Bancorp, Inc.

Acquirer: United Bankshares, Inc. (NASDAQ:UBSI)
Acquiree: Piedmont Bancorp, Inc.
Details: United Bankshares, Inc. ("United") (NASDAQ: UBSI), the parent company of United Bank, today announced it has received all requisite regulatory approvals for its proposed merger with Piedmont Bancorp, Inc. ("Piedmont"), the parent company of The Piedmont Bank.

United Bankshares, Inc. is a financial holding company. Co.'s segments include community banking and mortgage banking. The community banking segment includes both commercial and consumer lending and provides customers with such products as commercial loans, real estate loans, business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products including demand deposit accounts, savings accounts and certificates of deposit as well as investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, and investment management.

UBSI SEC Filing Email Alerts Service


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UBSI — Key Stats (just posted)
Company Name:  United Bankshares Inc
Stock buyback:  UBSI buyback
Website:  www.ubsi-inc.com
Sector:  Banking & Savings
Number of ETFs Holding UBSI:  114
Total Market Value Held by ETFs:  $1.70B
Total Market Capitalization:  $5.59B
% of Market Cap. Held by ETFs:  30.33%
 

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December 11, 2024  •  4:17 PM Eastern
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Hold (2.20 out of 4)
0th percentile
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