United Bankshares reports earnings increase - WTRF 7 News Sports Weather - Wheeling Steubenville

United Bankshares reports earnings increase

Posted: Updated:
  • BusinessBusinessMore>>

  • Annual Business Summit will focus on advanced careers

    Annual Business Summit will focus on advanced careers

    Saturday, August 23 2014 1:00 PM EDT2014-08-23 17:00:15 GMT
    From Aug. 27-29, business, industry, financial and political leaders from throughout the Mountain State will gather for the West Virginia Chamber of Commerce Annual Meeting and Business Summit. The topic of advanced career placement will be discussed in an education session led by Senate Education Committee Chairman Bob Plymale, D-Wayne.
    From Aug. 27-29, business, industry, financial and political leaders from throughout the Mountain State will gather for the West Virginia Chamber of Commerce Annual Meeting and Business Summit. The topic of advanced career placement will be discussed in an education session led by Senate Education Committee Chairman Bob Plymale, D-Wayne.
  • Judge rules rental owner waited too long

    Judge rules rental owner waited too long

    Saturday, August 23 2014 10:00 AM EDT2014-08-23 14:00:16 GMT
    The owner of three Clarksburg rental properties demolished because of alleged code violations waited too long to challenge the validity of the city's building ordinances, Harrison County Circuit Judge James A. Matich has ruled.
    The owner of three Clarksburg rental properties demolished because of alleged code violations waited too long to challenge the validity of the city's building ordinances, Harrison County Circuit Judge James A. Matich has ruled.
  • Business plan: WV is halfway through its 40-year plan to revitalize state's economy

    Business plan: WV is halfway through its 40-year plan to revitalize state's economy

    Saturday, August 23 2014 9:00 AM EDT2014-08-23 13:00:22 GMT
    West Virginia has come a long way since former President John F. Kennedy visited the hillsides in 1963. The state has seen much success, but still has much progress to make.
    West Virginia has come a long way since former President John F. Kennedy visited the hillsides in 1963. The state has seen much success, but still has much progress to make.

United Bankshares reported second-quarter net income of $22.2 million on July 18, up from $21.0 million in the second quarter of 2012.

First-half net income was $43.8 million, up from $42.1 million a year ago.

Assets at the end of the quarter totaled $8.36 billion, up from $8.48 billion a year ago.

On Jan. 30, United announced an agreement to acquire Virginia Commerce Bancorp of Arlington, Va. VCBI has 28 banking offices, one residential mortgage origination office and one wealth management office located in the Northern Virginia suburbs of Washington, D.C.

United currently has 115 full service offices in West Virginia, Virginia, Maryland, Ohio, Pennsylvania and Washington, D.C.