37% Loan Growth, 25% Deposit Growth, Half The NPAs: Top Analyst From B. Riley Is Finding 25% Equity Returns In East Coast Financial Institutions

67 WALL STREET, New York - October 9, 2009 - The Wall Street Transcript has just published its Northeast and Mid-Atlantic Regional Banks Report offering a timely review of the sector to serious investors and industry executives. This 121 page feature contains expert industry commentary through 21 in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Residential Mortgage Situation -- Regional Banks Mergers and Acquisitions Timing Strategy -- Commercial Mortgage Portfolio Decay -- Timing Of Commercial Mortgage Portfolio Bad Debt Write Offs-- FDIC Hit List For Bank Closings -- Mutual Holding Company Structure -- Interest Rate Scenarios -- Banking Pricing Power -- Expensive Bank Valuations -- Tangible Book As Guide For Bank Stock Pricing -- Distressed Sales Of Community and Regional Banks -- TARP Program -- Attitude Of Institutional Investors Towards Resurgence in Community Banking -- Unique Business Models -- Regional Bank Boards Looking For Exit Companies include: BB and T (BBT); Colonial (CNB); First Niagara (FNFG); PNC (PNC); National City (NCC-PA); Harleysville National (HNBC); Citizens First Bancorp (CTZN); Regions Financial (RF); Bank of America (BAC); SunTrust Banks (STI); Pinnacle Financial (PNFP); Northwest Bancorp Inc. (NWSB); Beneficial (BNCL); Investor Savings Bancorp (ISBC); Territorial Bancorp (TBNK); FNB Bancorp (FNBG.OB); National Penn (NPBC); Trustco Bank (TRST); KeyBank (KEY); M and T Bank (MTB); New York Community Bancorp (NYB); Bank of New York Mellon (BK);...
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Coverage initiated on United Banksh by Stifel Nicolaus

Quotes for UBSI - Yahoo! Finance #screen,#masthead{text-align:center;margin:0;width:752px;} #screen.xpand,#masthead.xpand{width:100%;} #screen.xpand #yfncsubtit{width:100%;} #masthead{padding-bottom:12px;} #leftcol,#rightcol{margin:0;} #leftcol{width:155px;float:left;} #rightcol{width:585px;} #content{width:752px;} #footer {clear:both;} /*/*/ body{text-align:center;} #screen{text-align:left;min-width:700px;width:62.5em;width:expression( document.all.footer ? (document.all.footer.offsetWidth>1000) ? '980'+'px' : document.all.footer.offsetWidth :'62.5'+'em') ;margin:auto;border:1px solid #FFF;} #screen.xpand{width:100%; text-align:center} #portfolio{margin:10px auto;} #hdrads{margin:10px auto 0 auto;} #masthead,#leftcol,#rightcol{margin:0;} #masthead{width:100%;} #leftcol{float:left;width:18%;} #rightcol{float:right;width:80%;} #content{width:100%;} #footer{clear:both;text-align:center;padding:10px 0;width:60em;margin:auto;border:0px solid #FFF;} #leftNavTable,#yfncmh,#yfncmkttme,#yfncduplgnwrn,#yfncpsnlbar,#yfnctitbar,#y fncsubtit,#yfncbrobtn,#yfncsumtab, .yfnc_systitlelinea1,.yfnc_systitlelineb1,.yfnc_modtitlew1{ width:100%;} #yfncmh{width:100%;} .yfncsumdatagrid{background:#DCDCDC;width:100%;} .yfnc_modtitlew2{width:49%;} /**/ .yfncnhl{color:#666;margin-bottom:10px;} .yfncnhl .yfncnhlbl{color:#000;width:1.6em;text-align:center;} .yfncnhl .yfncnhltt{color:#000;width:50px;padding-top:2px;} .yfncnhltt { position: relative; } .yfncnhltt a { position: relative; display: block; /* opera */ width: 42px; height: 31px; } .yfncnhltt img { border: 0; } .yfncnhltt img.video_play { position: absolute; bottom: 2px; left: 2px; width: 13px; height: 14px; } #yfiunv table td, #yfiadvdec table td { width: 1%; } #yfiunv table td.name, #yfiadvdec table th.first, #yfiadvdec table td.first { width: 10%; white-space: normal; } #leftcol{display:none;} #rightcol{display:block;} ...
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UNITED BANKSHARES INC/WV Files SEC form 10-Q, Quarterly Report

Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS Congress passed the Private Securities Litigation Act of 1995 to encourage corporations to provide investors with information about the company's anticipated future financial performance, goals, and strategies. The act provides a safe harbor for such disclosure, in other words, protection from unwarranted litigation if actual results are not the same as management expectations. United desires to provide its shareholders with sound information about past performance and future trends. Consequently, any forward-looking statements contained in this report, in a report incorporated by reference to this report, or made by management of United in this report, in any other reports and filings, in press releases and in oral statements, involves numerous assumptions, risks and uncertainties. Actual results could differ materially from those contained in or implied by United's statements for a variety of factors including, but not limited to: changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of business strategies; the nature and extent of governmental actions and reforms; and rapidly changing technology and evolving banking industry standards. INTRODUCTION The following discussion and analysis presents the significant changes in financial condition and the results of operations of United and its subsidiaries for the periods indicated below. This discussion and the unaudited consolidated financial statements and the notes to consolidated financial statements include the accounts of United Bankshares, Inc. and its wholly-owned subsidiaries, unless otherwise indicated. Management has evaluated all significant events and transactions that occurred after June 30, 2009, but prior to August 7, 2009, the date these financial statements were issued, for potentia...
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UNITED BANKSHARES INC/WV Files SEC form 8-K, Results of Operations and Financial Condition

Show all filings for UNITED BANKSHARES INC/WV | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED BANKSHARES INC/WV 23-Jul-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informationa...
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United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2009

UNITED BANKSHARES, INC. AND SUBSIDIARIES Washington, D.C. and Charleston, WV Stock Symbol: UBSI (In Thousands Except for Per Share Data)           Consolidated Statements of Income Three Months Ended Year to Date September September June March September September   2009     2008     2009     2009   ...
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UNITED BANKSHARES INC/WV Files SEC form 10-Q, Quarterly Report

Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS Congress passed the Private Securities Litigation Act of 1995 to encourage corporations to provide investors with information about the company's anticipated future financial performance, goals, and strategies. The act provides a safe harbor for such disclosure, in other words, protection from unwarranted litigation if actual results are not the same as management expectations. United desires to provide its shareholders with sound information about past performance and future trends. Consequently, any forward-looking statements contained in this report, in a report incorporated by reference to this report, or made by management of United in this report, in any other reports and filings, in press releases and in oral statements, involve numerous assumptions, risks and uncertainties. Actual results could differ materially from those contained in or implied by United's statements for a variety of factors including, but not limited to: changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of business strategies; the nature and extent of governmental actions and reforms; and rapidly changing technology and evolving banking industry standards. INTRODUCTION The following discussion and analysis presents the significant changes in financial condition and the results of operations of United and its subsidiaries for the periods indicated below. This discussion and the unaudited consolidated financial statements and the notes to unaudited Consolidated Financial Statements include the accounts of United Bankshares, Inc. and its wholly-owned subsidiaries, unless otherwise indicated. Management has evaluated all significant events and transactions that occurred after September 30, 2009, but prior to November 6, 2009, the date these financial statements ...
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UNITED BANKSHARES INC/WV Files SEC form 8-K, Other Events

Show all filings for UNITED BANKSHARES INC/WV | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED BANKSHARES INC/WV 4-Nov-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended fo...
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UNITED BANKSHARES INC/WV Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue95,718  111,512  110,197  123,526  Cost of Revenue19,843  20,924  24,234  29,185  Gross Profit -  90,588  85,963  94,341  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative43,674  45,698  41,814  46,600  Non Recurring -  (102)102   -  Others6,835  24,483  8,028  13,367  Total Operating Expenses -   -   -   -  Operating Income or Loss -  20,509  36,019  34,374  Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -   -  Earnings Before Interest And Taxes25,366  20,529  35,999  34,374  Interest Expense9,261  9,399  9,554  10,776  Income Before Tax16,105  11,130  26,445  23,598  Income Tax Expense4,040  2,954  (3,168)7,079  Minority Interest -   -   -   -  Net Income From Continuing Ops12,065  8,156  29,633  16,519  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   ...
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Three Bank Stocks With Outsized Dividends

NEW YORK (TheStreet) -- A select group of bank stocks are paying outsized dividends and remain values while their larger peers are in danger of topping out in the stock-market rally. The biggest banks are paying next to nothing. Investors get zilch from Citigroup. Bank of America and Wells Fargo flip a few coins to stockholders. Even the high-flying JPMorgan Chase pays a nominal quarterly dividend of five cents a share. TheStreet.com's recent look at three undervalued banks, which was based on price-to-book ratio, asset quality and consistency of earnings, here are three banks in good financial shape that pay dividends that would be compelling in a bull or a bear market: New York Community Bancorp, United Bankshares and Capitol Federal Financial. We limited our selection to banks that aren't participating in the Troubled Asset Relief Program with nonperforming assets that are less than 1.5% of the total. Also excluded were a few high-dividend payers with low stock-trading volume. SNL Financial provided the data. New York Community Bancorp New York Community Bancorp, which does business in New York state and parts of New Jersey, pays 25 cents a share, translating to a yield of 9.43%. The company has paid that dividend since the second quarter of 2002, but the stock has languished. That reflects investor concerns the payout may be cut, since the company's ratio of cash dividends paid over income before extra items exceeded 100% over the past three years and the first three quarters of 2009. Chief Executive Officer Joseph Ficalora has said repeatedly that New York Community is "genuinely committed" to maintaini...
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