Net margin is the percentage of revenue a company keeps as profit after every expense and tax. It is net income divided by revenue, and the table shows both amounts beside the percentage. A higher net margin means more of each sales dollar reaches the bottom line. One-time gains, write-downs and tax items pass through net income, so a single period's net margin can move for reasons unrelated to the underlying business. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.
UNITED BANKSHARES INC/WV net margin for fiscal 2022 was 121.69%, a 9.52% increase from fiscal 2021.
UNITED BANKSHARES INC/WV net margin for fiscal 2021 was 111.11%, a 1.20% increase from fiscal 2020.
UNITED BANKSHARES INC/WV net margin for fiscal 2020 was 109.79%, a 16.77% increase from fiscal 2019.
UNITED BANKSHARES INC/WV net margin for fiscal 2019 was 94.03%, a 12.08% decline from fiscal 2018.