United Bankshares (UBSI) Intangibles (2010 - 2024)
United Bankshares (UBSI) posted quarterly Intangibles of $3.9 million for Q2 2024, down 14.98% year-over-year from $4.6 million in Q3 2023, and down 7.24% quarter-over-quarter from $4.2 million in Q1 2024.
United Bankshares (UBSI) Intangibles (2010 - 2024) Analysis & Trends
United Bankshares (UBSI) has reported Intangibles for 13 consecutive years, with $3.9 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Intangibles fell 14.98% year-over-year to $3.9 million; the TTM figure through Jun 2024 stood at $3.9 million (down 14.98% YoY), while the FY2023 annual figure was $4.6 million, down 78.34% from the prior year.
- Intangibles retreated to $3.9 million in Q2 2024 per UBSI's latest filing, from $4.2 million in the prior quarter.
- Across five years, Intangibles topped out at $23.1 million in Q4 2021 and bottomed at $3.9 million in Q2 2024.
- Historically, Intangibles has averaged $16.6 million across 5 years, with a median of $21.0 million in 2020.
- Annual changes were most pronounced in 2021 — Intangibles grew 11.87% — and 2023, when it plunged 79.52%.
- United Bankshares' Intangibles stood at $21.0 million in 2020, then gained by 10.45% to $23.1 million in 2021, then retreated by 9.17% to $21.0 million in 2022, then slumped by 78.34% to $4.6 million in 2023, then fell by 13.61% to $3.9 million in 2024.
- Business Quant data shows UBSI's Intangibles at $3.9 million in Q2 2024, $4.2 million in Q1 2024, and $4.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 14.39 Bn |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 3.80 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 5.00 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.29 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.61 Bn |
| 10 | United Bankshares | 6.60 Bn | 4.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 3.93 Mn |
| Mar 31, 2024 | 4.24 Mn |
| Dec 31, 2023 | 4.55 Mn |
| Sep 30, 2023 | 4.62 Mn |
| Jun 30, 2023 | 4.63 Mn |
| Mar 31, 2023 | 19.99 Mn |
| Dec 31, 2022 | 21.02 Mn |
| Sep 30, 2022 | 21.91 Mn |
| Jun 30, 2022 | 22.59 Mn |
| Mar 31, 2022 | 23.09 Mn |
| Dec 31, 2021 | 23.14 Mn |
| Sep 30, 2021 | 22.84 Mn |
| Jun 30, 2021 | 22.54 Mn |
| Mar 31, 2021 | 22.02 Mn |
| Dec 31, 2020 | 20.96 Mn |
| Sep 30, 2020 | 20.41 Mn |
| Jun 30, 2020 | 20.20 Mn |
| Dec 31, 2018 | 98.36 Mn |
| Dec 31, 2016 | 69.64 Mn |
| Dec 31, 2015 | 60.58 Mn |