Denyse buys UBSI 37.99: Here's where it does not make me happy, the 10-year average ROE for the bank is north of 13%, which shows it is near its historic lows.

The ROE was 8.23% versus 8.16% in the same period last year. The ROA is in family with its 10-year average. The bank had an ROA of 1.15% versus a 1.13% the same period last year, which I view favorably. Banks are highly leveraged, therefore a return on assets, or ROA, is considered excellent if it is over 1.5% for a traditional bank, but just as important is the trend over the last few years. I've already discussed the bank's efficiency ratio, which is another very important metric for a bank.


Tomika:
The bank had a net charge-off of a little over $6M, which is where it has been over the last couple of years.

Lupe:
The bank's CET 1 capital ratio is 9.54%, which is well above the 6.5% requirement.

Marine:
The bank has an allowance for loan loss of $75M, which feels low until you realize the bank has $917M in cash and equivalents.

Danelle:
Management is focusing on efficiencies and its profitability shows.

Alisia:
For the trend in the ratio is downward, from 63% in 2010 to 55.1% in 2014. All of this is a very good sign for a healthy bank.

Rosalyn:
On the expense side, the bank grew expenses by only 1.1%, which is stellar and leads to an efficiency ratio of 52.6% compared to 53.5% the same period last year, which is very close to be outstanding.

Karena:
United bank also grew its non-interest income by 2.7% leading to a growth in revenue of just under 3%. While not white hot growth, this is the kind of solid slow growth that you want from a conservative investment.

Estella:
Interest income grew just under 1%, but interest expense shrank by 11.4%. This equated to a favorable increase in net interest income, or NII, of 2.8% to $90.2M from $87.7M.

Elvie:
On the income sheet, I see nothing but strength; growth in net interest income and non-interest income coupled with a very small growth in non-interest expense.

Ayesha:
For the bank's book value, or shareholders' equity, there was a modest growth of 3%. The number of shares the bank has outstanding is roughly where it was last year, so no significant dilution of value.

United Bankshares (NASDAQ:UBSI)
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