United Bankshares, Inc. - Common Stock (UBSI)

Competitors to United Bankshares, Inc. - Common Stock (UBSI)

BancorpSouth Bank

BancorpSouth Bank operates as a full-service bank with offerings that directly compete with United Bankshares’ products, particularly in commercial real estate and small business lending. Both banks aim to leverage local relationships to gain trust and build long-term client loyalty. BancorpSouth's competitive advantage lies in its extensive branch network and various loan offerings. Despite a strong regional presence, United’s larger asset base and wider geographical reach provide it with a competitive edge in resource allocation and customer diversification.

First Community Bankshares, Inc. 

First Community Bankshares, Inc. focuses on providing a broad range of financial services similar to United Bankshares, including commercial and retail banking, mortgage banking, and investment management services. Both banks target similar customer bases in the Mid-Atlantic region but differ in scale and service specialization. First Community has been successful in enhancing its digital banking services, which provides them an edge in attracting tech-savvy customers. However, United Bankshares has a larger footprint and established brand recognition, resulting in a more diverse portfolio of products.

Park National Corporation 

Park National Corporation competes with United Bankshares by offering similar banking services and products, including personal and commercial banking, investment, and insurance services. Both organizations emphasize community involvement and customer service, aiming to build strong relationships in their respective markets. While Park National has strengths in personalized service and local outreach, United Bankshares has more significant assets and a broader market area, making it more versatile in product offerings, giving it a strategic edge in competitive markets.

Regions Financial Corporation 

Regions Financial Corporation, with a wider regional presence, competes directly with United Bankshares in the southeastern United States by offering a comprehensive range of banking services and investments. Regions has leveraged technology effectively, enhancing their online and mobile banking platforms, which attracts various consumer demographics. While United Bankshares offers a high level of personalized service, Regions' size and resources provide a competitive advantage in technology integration and product variety, allowing it to cater to a larger audience.