---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-262294"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:20:01.324055+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UBSI Q3 2023 EPS $0.71, up from $0.68 QoQ but down from $0.76 YoY

## Summary
- Net income of $96.2M ($0.71 diluted EPS) vs $92.5M ($0.68) in Q2 2023 and $102.6M ($0.76) in Q3 2022.
- Net interest margin expanded to 3.54% from 3.51% QoQ; net interest income up $992K.
- Provision for credit losses dropped to $5.9M from $11.4M QoQ on lower qualitative adjustments.
- Non-performing loans were 0.20% of total loans; capital ratios well above well-capitalized thresholds.
- No share repurchases in first nine months of 2023; asset quality remains sound.

## SEC filing metadata
- accession: 0001193125-23-262294
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312523262294/0001193125-23-262294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312523262294/d524571d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-262294
- JSON: https://secwatch.observer/filing/0001193125-23-262294.json
- Plain text: https://secwatch.observer/filing/0001193125-23-262294.txt

## Key facts
- Earnings Releases
  UNITED BANKSHARES INC/WV reported third quarter of 2023 results: net income $96.2 million, EPS $0.71 per diluted share.
  - Period: third quarter of 2023
  - Net income: $96.2 million
  - EPS: $0.71 per diluted share
  - Result: reported results
  source text: United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/729986/000119312523262294/0001193125-23-262294-index.htm

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