United Bankshares Inc./WV Files 8-K
Ticker: UBSI · Form: 8-K · Filed: Dec 2, 2024 · CIK: 729986
| Field | Detail |
|---|---|
| Company | United Bankshares Inc/Wv (UBSI) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure
Related Tickers: UBSI
TL;DR
UBSI filed an 8-K for an 'Other Event' on Nov 29, details TBD.
AI Summary
United Bankshares Inc./WV filed an 8-K on November 29, 2024, reporting an "Other Event." The filing does not contain specific details about the event, dollar amounts, or dates beyond the report date. The company is incorporated in West Virginia and headquartered in Charleston.
Why It Matters
This filing indicates a material event has occurred for United Bankshares Inc./WV, requiring disclosure to investors, though the specific nature of the event is not detailed in the provided text.
Risk Assessment
Risk Level: low — The filing is a standard disclosure form without immediate negative or positive financial implications presented.
Key Players & Entities
- UNITED BANKSHARES INC/WV (company) — Registrant
- November 29, 2024 (date) — Date of earliest event reported
- West Virginia (location) — State of incorporation
- Charleston (location) — Principal Executive Offices City
FAQ
What specific event is reported in this 8-K filing?
The filing states "Other Events" as the item information, but the provided text does not specify the nature of the event.
When was the earliest event reported in this filing?
The earliest event reported was on November 29, 2024.
Where is United Bankshares Inc./WV headquartered?
The company's principal executive offices are located in Charleston, West Virginia.
What is the Standard Industrial Classification for United Bankshares Inc./WV?
The SIC code is 6022 for State Commercial Banks.
What is the SEC file number for this registrant?
The SEC file number is 002-86947.
Filing Stats: 523 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-12-02 13:45:30
Key Financial Figures
- $2.50 — ich registered Common Stock, par value $2.50 per share UBSI NASDAQ Global Select
Filing Documents
- d900079d8k.htm (8-K) — 22KB
- 0001193125-24-268731.txt ( ) — 143KB
- ubsi-20241129.xsd (EX-101.SCH) — 3KB
- ubsi-20241129_lab.xml (EX-101.LAB) — 18KB
- ubsi-20241129_pre.xml (EX-101.PRE) — 11KB
- d900079d8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events . On November 29, 2024, United Bankshares, Inc. ("United") received regulatory approval from the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") for the merger of Piedmont Bancorp, Inc. ("Piedmont") with and into United pursuant to the Agreement and Plan of Merger, dated as of May 9, 2024, and the merger of The Piedmont Bank, a wholly-owned direct subsidiary of Piedmont, with and into United Bank, a wholly-owned direct subsidiary of United (the "Merger"). United and Piedmont previously received the necessary state banking regulatory approvals for the Merger. All requisite regulatory approvals have now been received and the Merger also has been approved by the stockholders of Piedmont. The parties intend for the Merger to close in early 2025, subject to the satisfaction of customary closing conditions. The former Piedmont offices will operate under the DBA United Bankshares in the State of Georgia. The operational conversion is anticipated to take place in late first quarter of 2025.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED BANKSHARES, INC. Date: December 2, 2024 By: /s/ W. Mark Tatterson W. Mark Tatterson, Executive Vice President and Chief Financial Officer