United Bankshares (UBSI) Research & Development (2009 - 2026)
United Bankshares' (UBSI) quarterly Research & Development came in at $7.0 million in Q1 2026, down 17.2% year-on-year from $8.5 million in Q1 2025, and down 13.35% on a QoQ basis from $8.1 million in Q4 2025.
United Bankshares (UBSI) Research & Development (2009 - 2026) Analysis & Trends
United Bankshares (UBSI) has 18 years of Research & Development data on file, last reported at $7.0 million in Q1 2026.
- On a quarterly basis, Research & Development fell 17.2% year-over-year to $7.0 million in Q1 2026; TTM through Mar 2026 was $31.2 million, a 1.73% increase from a year earlier, with the FY2025 full-year figure at $32.6 million, up 10.04% from the prior year.
- Research & Development for Q1 2026 stood at $7.0 million, down from $8.1 million in the prior quarter.
- Over the last five years, Research & Development for UBSI reached as high as $8.5 million in Q1 2025 and fell as low as $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.
- Year by year, Research & Development stood at $7.5 million in 2022, then declined by 2.71% to $7.3 million in 2023, then advanced by 2.42% to $7.4 million in 2024, then gained by 8.65% to $8.1 million in 2025, then declined by 13.35% to $7.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $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 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 573.00 Mn |
| 10 | United Bankshares | 6.69 Bn | 4.39 Bn | - | 7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.96 Mn |