United Bankshares (FRA:UNK) Scaled Net Operating Assets: 0.11 (As of Mar. 2026)


FRA:UNK United Bankshares Inc FRA:UNK
62 GF Score
Price €41.00
GF Value €36.80
! 4 Warning Signs
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What is United Bankshares Scaled Net Operating Assets?

United Bankshares FRA:UNK +3.02% 62 Scaled Net Operating Assets is 0.11 as of Mar. 2026. GuruFocus rates FRA:UNK with a GF Score™ of 62/100 and a GF Value™ of €36.80. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bankshares's operating assets for the quarter that ended in Mar. 2026 was €26,906 Mil. United Bankshares's operating liabilities for the quarter that ended in Mar. 2026 was €23,723 Mil. United Bankshares's Total Assets for the quarter that ended in Dec. 2025 was €28,746 Mil. Therefore, United Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.11.

FRA:UNK
62GF Score
United Bankshares Inc FRA:UNK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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United Bankshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(26575.958-23516.674)/28672.485
=0.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=28745.88 - 2169.922
=26575.958

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24052.31 - 535.636 - 0
=23516.674

United Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(26905.622-23722.575)/28745.88
=0.11

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=29155.154 - 2249.532
=26905.622

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24407.925 - 541.609 - 143.741
=23722.575

* 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.

What does a Scaled Net Operating Assets of 0.11 mean?
United Bankshares (FRA:UNK) has a Scaled Net Operating Assets of 0.11 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Bankshares and its competitors.
Is United Bankshares' Scaled Net Operating Assets too high?
United Bankshares' current Scaled Net Operating Assets is 0.11. Overall, United Bankshares has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does United Bankshares' Scaled Net Operating Assets compare to FLG and ABCB?
United Bankshares' Scaled Net Operating Assets of 0.11 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Bankshares and its competitors. United Bankshares's current Scaled Net Operating Assets is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bankshares stock overvalued right now?
United Bankshares (FRA:UNK) has a current Scaled Net Operating Assets of 0.11. The stock's GF Value™ is €36.80, compared to a current price of €41.00 — trading 11.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.11. United Bankshares' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For United Bankshares (FRA:UNK), the current Scaled Net Operating Assets is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United Bankshares (FRA:UNK) Overvalued in 2026?

Based on GuruFocus' analysis, United Bankshares stock appears to be overvalued. The current stock price of €41.00 is trading 11.4% above its estimated GF Value™ of €36.80.

Key valuation signals for FRA:UNK:

  • Scaled Net Operating Assets: 0.11
  • GF Value™: €36.80 vs. price of €41.00 (11.4% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the FRA:UNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

United Bankshares Business Description

Other Exchanges UBSI:USAUNK:Germany
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 one segment: Community banking, which offers a full range-of-products and services through various delivery channels. Included among the banking products and services offered are the acceptance of deposits in checking, savings, time, and money market accounts; the making and servicing of personal, credit card, commercial, and floor plan loans; and the making of construction and real estate loans, as well as the origination and sale of residential mortgages in the secondary market. Also offered are trust and brokerage services, safe deposit boxes, and wire transfers.
62GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.00
Price
€36.80
GF Value