UNITED BANKSHARES INC/WV

United Bankshares, Inc. announced record earnings for the second quarter of 2026, with net income reaching $131.4 million and diluted earnings per share of $0.95. This represents an 8.8% increase in net income and an 11.8% increase in diluted EPS compared to the second quarter of 2025. The company also reported growth in net interest income and noninterest income, alongside a decrease in the provision for credit losses, and continued capital return through share repurchases.

United Bankshares reported a strong first quarter for 2026, with net income significantly increasing to $124.2 million, or $0.89 diluted earnings per share, compared to $84.3 million, or $0.59 diluted earnings per share, in the first quarter of 2025. This performance was driven by a rise in net interest income and a substantial reduction in the provision for credit losses. The company also saw a modest increase in total assets and deposits, while shareholders' equity slightly decreased due to treasury stock repurchases and dividends.

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.