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Jerry L. Rexroad net worth and biography

Jerry Rexroad Biography and Net Worth

EVP of United Bankshares

Mr. Rexroad serves the company as EVP, United Bankshares, Inc.; Chairman of the Carolinas, United Bank; Chairman, Crescent Mortgage Company, a subsidiary of United Bank. He is the former Former Chief Executive Officer of Carolina Financial Corporation. He has been a director of the Company since 2020.

Mr. Rexroad began his career in 1982 in Greenville, SC with Peat, Marwick, Mitchell and Co., a predecessor to the international accounting firm KPMG, LLP, and is a Certified Public Accountant. He became a KPMG partner in 1994 with responsibilities for all financial institutions in South Carolina.

In 1995, Mr. Rexroad joined Coastal Financial Corporation as Executive Vice President and Chief Financial Officer. Under his oversight, the bank grew organically from $375 million in total assets to over $1.8 billion in total assets. Coastal Financial Corporation was sold to BB&T in 2007. Mr. Rexroad joined the Carolina Financial Corporation in May 2008 as Executive Vice President and Chairman of the Board of Crescent Mortgage Company.

What is Jerry L. Rexroad's net worth?: The estimated net worth of Jerry L. Rexroad is at least $4.83 million as of February 19th, 2021. Mr. Rexroad owns 128,416 shares of United Bankshares stock worth more than $4,829,726 as of November 1st. This net worth approximation does not reflect any other investments that Mr. Rexroad may own. Learn More about Jerry L. Rexroad's net worth.
How do I contact Jerry L. Rexroad?: The corporate mailing address for Mr. Rexroad and other United Bankshares executives is 300 UNITED CTR 500 VIRGINIA ST E, CHARLESTON WV, 25301. United Bankshares can also be reached via phone at (304) 424-8716. Learn More on Jerry L. Rexroad's contact information.
Has Jerry L. Rexroad been buying or selling shares of United Bankshares?: Jerry L. Rexroad has not been actively trading shares of United Bankshares during the last ninety days. Most recently, Jerry L. Rexroad sold 9,998 shares of the business's stock in a transaction on Thursday, March 11th. The shares were sold at an average price of $39.84, for a transaction totalling $398,320.32. Learn More on Jerry L. Rexroad's trading history.
Who are United Bankshares' active insiders?: United Bankshares' insider roster includes Richard Adams, Sr. (Chairman), Peter Converse (Director), J. McNamara (Director), Mark Nesselroad (Director), Jerry Rexroad (EVP), Lacy Rice, III (Director), and Gary White (Director). Learn More on United Bankshares' active insiders.

Jerry L. Rexroad Insider Trading History at United Bankshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/11/2021	Sell	9,998	$39.84	$398,320.32
2/19/2021	Sell	30,072	$36.24	$1,089,809.28	128,416
11/24/2020	Sell	15,000	$31.22	$468,300.00	174,392
11/17/2020	Sell	40,000	$30.42	$1,216,800.00	214,392

Jerry L. Rexroad Buying and Selling Activity at United Bankshares

United Bankshares Company Overview

United Bankshares, Inc., through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Its loan products include commercial loans and leases to small to mid-size industrial and commercial companies; construction and real estate loans, such as commercial and residential mortgages, and loans secured by owner-occupied real estate; personal, student, credit card receivables, personal, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services, as well as investment management and retirement planning services. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

Today's Range

Now: $37.61

$37.52

$37.99

50 Day Range

MA: $37.31

$35.53

$38.87

2 Week Range

Now: $37.61

$28.77

$39.93

Volume

582,896 shs

Average Volume

445,483 shs

Market Capitalization

$5.09 billion

P/E Ratio

14.25

Dividend Yield

3.93%

Beta

0.98

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