I found four Corporations, headquartered in West Virginia, which file with the SEC, and which had Pretax Income of more than $50 mil in any of the most recent three fiscal years.
These four West Virginia Corps, had their Total Pretax Earnings in 2011 increase by a very nice 15% over 2010, and increase by an even nicer 41% over 2009.
West Virginia citizens should be proud of the operating performance in the most recent two years of their West Virginia companies.
Clearly, the Obama Administration has created an economic environment that has permitted these West Virginia Corporations to thrive.
West Virginia is very fortunate to have two very talented, accomplished, solutions-driven US Senators…..Jay Rockefeller and Joe Manchin. And likewise for Nick Rahall, a very effective West Virginia US House member. And all three of them are strong advocates for West Virginia businesses of all sizes and in all industries.
Below here is the Pretax Income (PTI) of these four West Virginia Corps for each of the most recent three years.
| Obama | |||||
| Bump | |||||
| PTI(L) | PTI(L) | ||||
| 1 Year | 2 Year | ||||
| PTI(L) | PTI(L) | PTI(L) | % | % | |
| 2011 | 2010 | 2009 | Change | Change | |
| mils $s | mils $s | mils $s | |||
| West Virginia | |||||
| United Bancshares | 110 | 104 | 78 | 6% | 41% |
| American Public Education | 63 | 50 | 40 | 26% | 58% |
| City Holding | 61 | 57 | 63 | 7% | -3% |
| Wesbanco | 54 | 40 | 23 | 35% | 135% |
| Total all 4 | 288 | 251 | 204 | 15% | 41% |
