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United Bank announces earnings
Oct. 28. United Bankshares reported earnings for the third quarter of 2024 of $95.3 million, or $0.70 per diluted share. Third quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.28%, 7.72%, and 12.59%, respectively. Quotable “We are excited to announce this quarter’s earnings,” […]
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Feb. 4. The Newsmakers Breakfast Feb.21 at The Peninsula Club will center on the state of local development, with developers pitted against residents and residents—and local governments—up against outdated rules about impact fees. Three speakers will be part of the audience-driven Q&A session over breakfast at The Peninsula Club starting at 7:30 am. Robby Carney: […]
Feb. 3. The Lake Norman Chamber’s Diversity Council will present “Leadership Development for Black and Indigenous People of Color” on Thursday, Feb. 13 from noon to 1:30 pm. The program, during Black History Month, will be held at The Ada Jenkins Center. The speaker is Dan Houston, past chair of the Diversity Council, and president […]
Jan. 30. According to a WalletHub report, North Carolina scored second-best in a nationwide study based on the number of accounts that have gone into collection. Mississippi was in the best shape, debt-wise, while Wyoming was the worst. A collection account is a debt that has gone unpaid for such a long period of time […]
Jan. 28. The state’s seasonally adjusted December 2024 unemployment rate was 3.7 percent, unchanged from November’s revised rate. The national rate decreased 0.1 of a percentage point to 4.1 percent. North Carolina’s unemployment rate increased 0.1 of a percentage point from a year ago. The number of people employed increased 1,224 over the month to […]
Jan. 28. United Bankshares, which has branches in Mooresville and Denver, reported earnings for the fourth quarter of 2024 of $94.4 million, or $0.69 per diluted share. Fourth quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.25%, 7.48%, and 12.03%, respectively. Earnings for the […]
Jan. 27. By Mike Walden [Commentary] Manufacturing has a special place in our economy and is something people can easily relate to. The output of manufacturing companies, spanning a variety of items from vehicles to clothing to chairs, are things people can directly see, touch, feel and use. Background Manufacturing also has an important place […]
