GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bankshares Inc (NAS:UBSI) » Definitions » Scaled Net Operating Assets

United Bankshares (United Bankshares) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is United Bankshares Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bankshares's operating assets for the quarter that ended in Mar. 2024 was $24,683 Mil. United Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was $23,182 Mil. United Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $29,926 Mil. Therefore, United Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.

United Bankshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(28328.709-23077.159)/29489.38
=0.18

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=29926.482 - 1597.773
=28328.709

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25155.242 - 1881.988 - 196.095
=23077.159

United Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(24683.363-23181.93)/29926.482
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=30028.798 - 5345.435
=24683.363

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25221.357 - 1831.7 - 207.727
=23181.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

United Bankshares Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of United Bankshares's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

United Bankshares (United Bankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bankshares Inc (NAS:UBSI) » Definitions » Scaled Net Operating Assets
Comparable Companies
FFIN GBCI HOMB FNB UMBF HWC COLB OZK ONB VLY NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
UNK:Germany
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
Website
https://www.ubsi-inc.com
United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.
Executives
Peter A Converse director 1201 NORTH NASH ST #502, ARLINGTON VA 22209
Gary G White director 514 MARKET STREET, PARKERSBURG WV 26101
Kayes Henry M Jr officer: EVP 122 NORTH ROSEMONT, MARTINSBURG WV 25401
Rice Lacy I Iii director 514 MARKET ST, PARKERSBURG WV 26101
Diana Lewis Jackson director 514 MARKET ST, PARKERSBURG WV 26101
Michael P Fitzgerald director C/O UNITED BANKSHARES, INC., 514 MARKET ST, PARKERSBURG WV 26101
J Paul Mcnamara director 514 MARKET STREET, PARKERSBURG WV 26101
Adams Richard M Sr director, officer: Chairman of the Board & CEO 514 MARKET STREET, PARKERSBURG WV 26101
Matthew L Humphrey officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Chad J Mildren officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Michael Proctor officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ami L Shaver officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Anna J Schultheis officer: Executive Vice President 514 MARKET ST, PARKERSBURG WV 26101
Julie R Gurtis officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ross M Draber officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101