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United Bankshares (STU:UNK) Allowance For Loans And Lease Losses : €-241.9 Mil (As of Mar. 2024)


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What is United Bankshares Allowance For Loans And Lease Losses?

United Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-241.9 Mil.

United Bankshares's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-238.8 Mil) to Dec. 2023 (€-237.7 Mil) but then declined from Dec. 2023 (€-237.7 Mil) to Mar. 2024 (€-241.9 Mil).

United Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-191.2 Mil) to Dec. 2022 (€-221.6 Mil) and declined from Dec. 2022 (€-221.6 Mil) to Dec. 2023 (€-237.7 Mil).


United Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Bankshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Bankshares Allowance For Loans And Lease Losses Chart

United Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.35 -193.85 -191.17 -221.60 -237.72

United Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -224.62 -231.42 -238.83 -237.72 -241.87

United Bankshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


United Bankshares Allowance For Loans And Lease Losses Related Terms

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United Bankshares (STU:UNK) Business Description

Industry
Traded in Other Exchanges
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.

United Bankshares (STU:UNK) Headlines

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