Quarterly ResultApr 23, 2026, 08:07 AM
United Bankshares Q1 2026 Earnings: $124.2M, $0.89 EPS
AI Summary
United Bankshares, Inc. reported strong financial results for the first quarter of 2026. The company announced earnings of $124.2 million, translating to $0.89 per diluted share. These results led to annualized returns on average assets of 1.49%, average shareholders’ equity of 9.08%, and average tangible common equity of 14.40%. CEO Richard M. Adams, Jr. highlighted resilient results, strong earnings, sound asset quality, and efficient capital allocation despite macroeconomic uncertainties.
Key Highlights
- Q1 2026 earnings reached $124.2 million.
- Diluted EPS was $0.89 for the quarter.
- Annualized return on average assets: 1.49%.
- Annualized return on average shareholders’ equity: 9.08%.
- Annualized return on average tangible common equity: 14.40%.
UBSIMajor Banks
UNITED BANKSHARES INC/WVPrice Impact