UBSI - United Bankshares: Expansion To Atlanta Looks Promising For This Dividend King
2024-06-15 08:20:00 ET
Summary
- United Bankshares is a financial holding company with increasing dividends for 50 years in a row and a high dividend yield of 4.58%.
- The acquisition of Piedmont Bancorp in Georgia is expected to boost UBSI's long-term growth and profitability.
- Despite modest growth expectations for 2024, UBSI's solid financials and reasonable valuation make it a potential buy for investors.
United Bankshares ( UBSI ) is a financial holding company operating primarily in the Community Banking and Mortgage Banking segments. Founded in 1839, it is headquartered in Charleston, West Virginia, but as we shall see it is looking to expand its operations to other states as well....
United Bankshares: Expansion To Atlanta Looks Promising For This Dividend King