United Bankshares, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $680.6M | $495.4M | $457.8M | $456.7M | $336.3M | $342.5M | $311.6M | $300.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $359.6M | $267.7M | $243.0M | $237.7M | $161.4M | $167.7M | $166.2M | $189.6M |
| Operating Margin | 52.8% | 54.0% | 53.1% | 52.1% | 48.0% | 48.9% | 53.3% | 63.1% |
| Interest Expense | $74.8M | $45.0M | $39.5M | $42.8M | $36.3M | $46.2M | $55.8M | $85.2M |
| Pretax Income | $284.8M | $222.7M | $203.5M | $194.9M | $125.0M | $121.5M | $110.4M | $104.4M |
| Income Tax Expense | $134.2M | $75.6M | $65.5M | $65.0M | $39.4M | $38.9M | $34.8M | $32.5M |
| Net Income | $150.6M | $147.1M | $138.0M | $129.9M | $85.6M | $82.6M | $75.6M | $71.9M |
| Net Margin | 22.1% | 29.7% | 30.1% | 28.4% | 25.5% | 24.1% | 24.3% | 24.0% |
| EPS (Basic) | $1.54 | $2.00 | $1.99 | $1.93 | $1.70 | $1.64 | $1.62 | $1.65 |
| EPS (Diluted) | $1.54 | $1.99 | $1.98 | $1.92 | $1.70 | $1.64 | $1.61 | $1.65 |
| Shares Outstanding (Basic) | 97.5M | 73.5M | 69.3M | 67.4M | 50.4M | 50.3M | 46.8M | 43.5M |
| Shares Outstanding (Diluted) | 97.9M | 73.9M | 69.6M | 67.6M | 50.4M | 50.3M | 46.8M | 43.6M |
| Dividends Per Share | $1.33 | $1.32 | $1.29 | $1.28 | $1.25 | $1.24 | $1.21 | $1.20 |