UBSI United Bankshares margins

Relative Growth: Rel. Growth: 61

Relative Strength: Rel. Strength: 68

Relative Valuation: Rel. Valuation: 73

Relative Profitability: Rel. Profitability: 83

Gross margin

100%

Operating margin

51%

EBITDA margin

50%

Net margin

40.8%

For this period, United Bankshares reports a gross margin of 100%, an operating margin of 51%, an EBITDA margin of 50%, and a net margin of 40.8%. The main improvement was in operating margin, up 2.7 percentage points; the remaining margins remained unchanged.

UBSI margin history

Gross, operating, EBITDA and net margin trends

United Bankshares's margins averaged 100% gross, 47.33% operating, 48.05% EBITDA, and 37.69% net during the last 3 years. United Bankshares's current metrics show that operating, EBITDA, and net margins are above their three-year averages.

UBSI margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 2.7 percentage points, EBITDA margin by 0.8 percentage points, and net margin by 2.6 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

2.7pp

EBITDA margin expansion

0.8pp

Net margin expansion

2.6pp

UBSI Gross margin

The average gross margin for United Bankshares was 100% in the last 3 years. At present, United Bankshares's current gross margin is 100%, which is in line with its three-year average. The gross margin for United Bankshares moved between 100% in Dec 2023 and 100% in Sep 2026.

UBSI Operating margin

Across the last 3 years, United Bankshares's operating margin averaged 47.33%. The current operating margin stands at 51%, 3.7 percentage points above its three-year average. Operating margin was highest at 51.5% in Jun 2026 and lowest at 44.3% in Sep 2024.

UBSI EBITDA margin

United Bankshares recorded an average EBITDA margin of 48.05% across the last 3 years. Currently, United Bankshares's current EBITDA margin is 50%, which is 2 percentage points above its three-year average. Looking back over the last 3 years, United Bankshares's EBITDA margin reached 50.5% at its highest point in Jun 2026 and 46.4% at its lowest in Mar 2025.

UBSI Net margin

Across the last 3 years, United Bankshares's net margin averaged 37.69%. The current net margin stands at 40.8%, 3.1 percentage points above its three-year average. Net margin was highest at 41.2% in Jun 2026 and lowest at 35% in Mar 2024.

UBSI margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, UBSI is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 83.5%, United Bankshares's gross margin is 20% higher.

UBSI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is United Bankshares's gross margin?

As of Sep 30, 2026, UBSI has a gross margin of 100%.

What is United Bankshares's operating margin?

For the period ending Sep 30, 2026, UBSI recorded an operating margin of 51%.

What is United Bankshares's EBITDA margin?

As of Sep 30, 2026, UBSI has an EBITDA margin of 50%.

What is United Bankshares's net margin?

As of Sep 30, 2026, UBSI has a net margin of 40.8%.

What are the average margins of UBSI?

Across the last 3 years, UBSI averaged 100.0% gross, 47.3% operating, 48.1% EBITDA, and 37.7% net.

What are the highest historical margins of UBSI?

In the last 5 years, the highest margins reported by UBSI were 100% gross in Sep 2026, 51.5% operating in Jun 2026, 50.5% EBITDA in Jun 2026, and 41.2% net in Jun 2026.

What are the lowest historical margins of UBSI?

Over the last 5 years, United Bankshares's lowest margins were 100% gross in Dec 2021, 42.8% operating in Jun 2022, 43.6% EBITDA in Jun 2022, and 34.2% net in Mar 2022.