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United Bankshares Declares Second Quarter Dividend

May 15, 2019

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--May 15, 2019--

United Bankshares, Inc. (“United”)(NASDAQ: UBSI ), today announced that its Board of Directors declared a second quarter dividend of $0.34 per share for shareholders of record as of June 14, 2019. The dividend is payable July 1, 2019.

The year of 2018 represented the 45th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

United, with consolidated assets of approximately $19.6 billion, is the parent company of United Bank, the largest community bank headquartered in the D.C. Metro region. United Bank which comprises 139 full-service banking offices and 17 George Mason Mortgage, LLC locations, is located throughout Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania and Washington, D.C. United’s stock is traded on the NASDAQ Global Select Market under the quotation symbol ” UBSI ”.

www.ubsi-inc.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005969/en/

CONTACT: W. Mark Tatterson

Chief Financial Officer

(800) 445-1347 ext. 8716

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA WEST VIRGINIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: United Bankshares, Inc.

Copyright Business Wire 2019.

PUB: 05/15/2019 04:30 PM/DISC: 05/15/2019 04:30 PM

http://www.businesswire.com/news/home/20190515005969/en