---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-270382"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:24:49.766646+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Bankshares Q3 EPS $0.76 beats Q2 $0.71; NIM 3.78%, loan growth 16% annualized

## Summary
- Net income $102.6M, diluted EPS $0.76; up from $95.6M ($0.71) in Q2 2022 and $92.2M ($0.71) in Q3 2021.
- Net interest margin of 3.78% expands 40 bps QoQ; net interest income +12% QoQ to $239.5M.
- Annualized loan growth (ex-PPP) 16% in Q3 and 15% YTD; non-performing loans at low 0.35% of total loans.
- Mortgage banking income down $35.6M YoY; company recorded $5.0M litigation accrual for former commercial customer.
- Capital well above well-capitalized thresholds: risk-based capital 14.4%, CET1 12.4%.

## SEC filing metadata
- accession: 0001193125-22-270382
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312522270382/0001193125-22-270382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312522270382/d363136d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-270382
- JSON: https://secwatch.observer/filing/0001193125-22-270382.json
- Plain text: https://secwatch.observer/filing/0001193125-22-270382.txt

## Key facts
- Earnings Releases
  UNITED BANKSHARES INC/WV reported the third quarter and first nine months of 2022 results: net income $102.6 million, EPS $0.76 per diluted share.
  - Period: the third quarter and first nine months of 2022
  - Net income: $102.6 million
  - EPS: $0.76 per diluted share
  - Result: reported results
  source text: On October 27, 2022 United Bankshares, Inc. (“United”) announced its financial results for the third quarter and first nine months of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/729986/000119312522270382/0001193125-22-270382-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.