Table of Contents FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 ☐ 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. (Exact name of registrant as specified in its charter) West Virginia 55-0641179 (State or ...

Financial Data and Key Metrics Changes - Net income for Q1 2019 was $3.5 million, an increase from $2.6 million in Q1 2018 and $3.4 million in Q4 2018, leading to fully diluted earnings per share of $0.16, up from $0.12 in 2018 [8][10] - The return on average assets (ROA) for Q1 2019 was 1.01%, and the return on average equity (ROE) was 10.02% [10] - Non-interest expenses decreased by $526,000 or 5.6% year-over-year, totaling $8.84 million in Q1 2019 [7][13] Business Line Data and Key Metrics Changes - Loans excluding the purchase, credit, and payer portfolio grew by $4.2 million in Q1 2019, with total loans increasing by $33.7 million or 3.5% year-over-year [5][12] - The yield on loans increased from 4.68% in Q1 2018 to 5.04% in Q1 2019 [6] Market Data and Key Metrics Changes - Non-interest bearing deposit growth was $15.7 million or 10.4% year-over-year, with non-interest bearing deposits making up 14.2% of total deposits by March 31, 2019 [12][13] - The net interest margin for Q1 2019 was 3.81%, above the average of 3.77% since Q4 2015 [12] Company Strategy and Development Direction - The company aims to increase shareholder value by focusing on quality loan growth, non-interest bearing deposit growth, margin preservation, and expense control [11][15] - The strategy includes maintaining a fortress balance sheet to allow flexibility in an unpredictable interest rate environment [15][18] Management's Comments on Operating Environment and Future Outlook - Management expects loan growth to settle in the 6% range for the year, with a stable outlook for the net interest margin [22][23] - The company remains optimistic about future earnings growth despite competitive pressures in the banking sector [18] Other Important Information - The company paid its first dividend in over nine years during this quarter [9] - Management is focused on enhancing digital banking capabilities and controlling non-interest expenses [7][17] Q&A Session Summary Question: Outlook for loan growth for the remainder of the year - Management anticipates loan growth to be in the 6% range for the year [22] Question: Outlook for the margin without more rate hikes - Management expects the margin to remain stable, with potential slight upticks depending on loan growth [23] Question: Plans for additional branch expansions - One branch is scheduled for closure, with potential for one additional office in Lynchburg and Maryland [27] Question: Outlook on expenses - Management expects expenses to remain stable, with a focus on efficiency [29] Question: View on capital and M&A activity - The company has good capital strength and is selectively looking at M&A opportunities [30] Question: Changes in tax rate outlook - No changes expected in the effective tax rate [31] Question: Expectations for ROA and drivers for improvement - Management targets an ROA above 1%, focusing on deposit mix and expense control [34] Question: Provisioning outlook for the rest of the year - Management expects to see provisions for the next three quarters due to growth [43]

Washington, D.C. 20549 [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number: 002-86947 United Bankshares, Inc. (Exact name of registrant as specified in its charter) West Virginia 55-0641179 (State or ...

HAR February 2019 1 Forward-Looking Statements 2 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 the fact that they do not relate strictly to historical or current facts and often use the words "projects", "targets", "intends", "plans", "believes," "expects," "anticipates" or simila ...

Community Bankers Trust Corp (ESXB) Q4 2018 Earnings Conference Call January 25, 2019 10:00 AM ET Company Participants Rex Smith - President and CEO Bruce Thomas - CFO Conference Call Participants Charlie Hough - Sandler O'Neill Austin Nicholas - Stephens John Rodis - FIG Partners Operator Good morning and welcome to the Community Bankers Trust Corporation Fourth and Year 2018 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there ...