United Bankshares (UBSI) Equipment Expense (2009 - 2026)
United Bankshares (UBSI) recorded Equipment Expense of $9.44 million in Q2 2026, up 10.3% from $8.55 million a year earlier and up 8.0% from the prior quarter.
United Bankshares (UBSI) Equipment Expense (2009 - 2026) Analysis & Trends
On a TTM basis, United Bankshares' Equipment Expense came in at $35.96 million as of Jun 30, 2026, up 10.9% year-over-year; for FY2025, it came in at $34.92 million, up 17.6% from FY2024.
- Annual Equipment Expense has a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- Across earlier years, Equipment Expense came in at $29.69 million in FY2024 (-0.2%), $29.73 million in FY2023 (+1.4%), $29.32 million in FY2022 (+12.9%) and $25.98 million in FY2021 (+24.5%).
- The Q2 2026 figure is the highest quarterly Equipment Expense in data going back to Q1 2010.
- On a year-over-year basis, Equipment Expense has increased for six consecutive quarters, with growth averaging 11.5% over the last eight quarters.
- Peak year-over-year performance for Equipment Expense in the last five years was growth of 29.7% in Q3 2021, against a decline of 8.2% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.74 million (Q1 2026), $9.24 million (Q4 2025) and $8.54 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equipment Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 540.77 Mn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | United Bankshares | 6.54 Bn | -2.38 Bn | - | 9.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.60 Mn |
| Jun 30, 2026 | 9.44 Mn |
| Mar 31, 2026 | 8.74 Mn |
| Dec 31, 2025 | 9.24 Mn |
| Sep 30, 2025 | 8.54 Mn |
| Jun 30, 2025 | 8.55 Mn |
| Mar 31, 2025 | 8.58 Mn |
| Dec 31, 2024 | 7.47 Mn |
| Sep 30, 2024 | 7.81 Mn |
| Jun 30, 2024 | 7.55 Mn |
| Mar 31, 2024 | 6.85 Mn |
| Dec 31, 2023 | 7.54 Mn |
| Sep 30, 2023 | 7.17 Mn |
| Jun 30, 2023 | 8.03 Mn |
| Mar 31, 2023 | 7.00 Mn |
| Dec 31, 2022 | 6.87 Mn |
| Sep 30, 2022 | 7.81 Mn |
| Jun 30, 2022 | 7.31 Mn |
| Mar 31, 2022 | 7.34 Mn |
| Dec 31, 2021 | 6.82 Mn |
United Bankshares Equipment Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=equipment-expense&ticker=UBSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equipment-expense", "ticker": "UBSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=equipment-expense&ticker=UBSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();