United Bankshares (UBSI) Research & Development (2009 - 2026)
United Bankshares (UBSI) posted quarterly Research & Development of $7.0 million for Q1 2026, down 17.2% year-over-year from $8.5 million in Q1 2025, and down 13.35% quarter-over-quarter from $8.1 million in Q4 2025.
United Bankshares (UBSI) Research & Development (2009 - 2026) Analysis & Trends
United Bankshares (UBSI) has reported Research & Development for 18 consecutive years, with $7.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 17.2% year-over-year to $7.0 million; the TTM figure through Mar 2026 stood at $31.2 million (up 1.73% YoY), while the FY2025 annual figure was $32.6 million, up 10.04% from the prior year.
- Research & Development declined to $7.0 million in Q1 2026 per UBSI's latest filing, from $8.1 million in the prior quarter.
- Across five years, Research & Development topped out at $8.5 million in Q1 2025 and bottomed at $7.0 million in Q1 2026.
- Historically, Research & Development has averaged $7.6 million across 5 years, with a median of $7.5 million in 2022.
- On a YoY basis, Research & Development climbed as much as 15.15% in 2022 and fell as far as 31.23% in 2022.
- United Bankshares' Research & Development stood at $7.5 million in 2022, then slipped by 2.71% to $7.3 million in 2023, then rose by 2.42% to $7.4 million in 2024, then increased by 8.65% to $8.1 million in 2025, then slipped by 13.35% to $7.0 million in 2026.
- Business Quant data shows UBSI's Research & Development at $7.0 million in Q1 2026, $8.1 million in Q4 2025, and $8.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 601.00 Mn |
| 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 | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 250.00 Mn |
| 10 | United Bankshares | 6.60 Bn | 4.48 Bn | - | 7.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.15 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | 8.08 Mn |
| Sep 30, 2025 | 8.14 Mn |
| Jun 30, 2025 | 7.95 Mn |
| Mar 31, 2025 | 8.46 Mn |
| Dec 31, 2024 | 7.44 Mn |
| Sep 30, 2024 | 7.46 Mn |
| Jun 30, 2024 | 7.29 Mn |
| Mar 31, 2024 | 7.46 Mn |
| Dec 31, 2023 | 7.26 Mn |
| Sep 30, 2023 | 7.41 Mn |
| Jun 30, 2023 | 7.26 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Dec 31, 2022 | 7.46 Mn |
| Sep 30, 2022 | 7.61 Mn |
| Jun 30, 2022 | 7.55 Mn |
| Mar 31, 2022 | 7.37 Mn |
| Dec 31, 2021 | 10.85 Mn |
| Sep 30, 2021 | 6.61 Mn |