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WASHINGTON & CHARLESTON, W.Va.–(BUSINESS WIRE)–United Bankshares, Inc. (“United”)(NASDAQ: UBSI),
today announced that its Board of Directors declared a second quarter
dividend of $0.34 per share for shareholders of record as of June 14,
2019. The dividend is payable July 1, 2019.

The year of 2018 represented the 45th consecutive year of dividend
increases for United shareholders. Only one other major banking company
in the USA has achieved such a dividend record.

United, with consolidated assets of approximately $19.6 billion, is the
parent company of United Bank, the largest community bank headquartered
in the D.C. Metro region. United Bank which comprises 139 full-service
banking offices and 17 George Mason Mortgage, LLC locations, is located
throughout Virginia, West Virginia, Maryland, North Carolina, South
Carolina, Ohio, Pennsylvania and Washington, D.C. United’s stock is
traded on the NASDAQ Global Select Market under the quotation symbol “UBSI“.

www.ubsi-inc.com

Contacts

W. Mark Tatterson
Chief Financial Officer
(800) 445-1347 ext.
8716