The estimated Net Worth of J Paul Mcnamara is at least $778 millier dollars as of 15 May 2023. Mr. Mcnamara owns over 350 units of United Bankshares stock worth over $145,504 and over the last 21 years he sold UBSI stock worth over $106,875. In addition, he makes $525,325 as Independent Director at United Bankshares.
J has made over 5 trades of the United Bankshares stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 350 units of UBSI stock worth $9,874 on 15 May 2023.
The largest trade he's ever made was selling 2,500 units of United Bankshares stock on 15 November 2022 worth over $106,875. On average, J trades about 154 units every 68 days since 2003. As of 15 May 2023 he still owns at least 4,025 units of United Bankshares stock.
You can see the complete history of Mr. Mcnamara stock trades at the bottom of the page.
J. Paul McNamara is an Independent Director of United Bankshares, Inc. Mr. McNamara is the Chairman of Potomac Capital Advisors and the former President and Chief Operating Officer of Sequoia Bancshares, Inc. Mr. McNamara is a current director and a former Vice Chairman of United Bank. Mr. McNamara has been a director of the Company since 2003. Currently, Mr. McNamara is the Chairman of Potomac Capital Advisors, a privately held real estate investment company. Mr. McNamara has spent over 30 years in the banking industry. Mr. McNamara was the President and Chief Operating Officer of Sequoia Bancshares for 15 years. Prior to Sequoia, Mr. McNamara worked for Manufacturers Hanover Trust Company for three years and the National Bank of Washington for 12 years where he held several senior management positions. Mr. McNamara has gained valuable insight through his banking experience in senior management positions into retail banking, commercial banking, bank operations and systems. Mr. McNamara brings this extensive knowledge of the banking industry to his role as a director of the Company, Chairman of the Governance and Nominating Committee, and as a member of the Executive, Compensation and Risk Committees.
As the Independent Director of United Bankshares, the total compensation of J McNamara at United Bankshares is $525,325. There are 9 executives at United Bankshares getting paid more, with Richard M. Adams Sr. having the highest compensation of $2,779,124.
J McNamara is 71, he's been the Independent Director of United Bankshares since 2003. There are 3 older and 18 younger executives at United Bankshares. The oldest executive at United Bankshares, Inc. is Richard M. Adams Sr., 74, who is the Chairman & CEO.
Over the last 24 years, insiders at United Bankshares have traded over $20,542,182 worth of United Bankshares stock and bought 125,154 units worth $3,780,610 . The most active insiders traders include Michael P Fitzgerald, Peter A Converse et Richard M Sr Adams. On average, United Bankshares executives and independent directors trade stock every 30 days with the average trade being worth of $373,285. The most recent stock trade was executed by Ross M Draber on 7 December 2023, trading 1,000 units of UBSI stock currently worth $28,890.
at united, we are committed to providing each customer with an unmatched level of service. while we offer competitive products, services, rates, and technology, the level of service we provide and our commitment to building relationships is what sets us apart from our competitors. united isn’t just growing to get bigger. we are growing to satisfy the continued demand for a bank that focuses on service. with 130 branches across maryland, ohio, pennsylvania, virginia and west virginia and over 1600 employees, our mix of competitive products, combined with a high level of service and a focus on relationships is an overwhelming value proposition for our customers.
United Bankshares executives and other stock owners filed with the SEC include: