United Bank Earnings and Mortgage Banking Summary
INVESTMENT THESIS
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Premier Mid-Atlantic and Southeast franchise with an attractive mix of
high growth MSAs and smaller stable markets with a dominant market
share position
Consistently high-performing company with a culture of disciplined risk
management and expense control
49 consecutive years of dividend increases evidences United's strong
profitability, solid asset quality, and sound capital management over a
very long period of time
Experienced management team with a proven track record of execution
Committed to our mission of excellence in service to our employees, our
customers, our shareholders and our communities
Attractive valuation with a current Price-to-Earnings Ratio of 13.6x
(based upon median 2023 street consensus estimate of $2.92 per
Bloomberg)View entire presentation