{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-111600","form_type":"8-K","ticker":"UBSI","cik":"0000729986","company_name":"UNITED BANKSHARES INC/WV","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.852729+00:00","generated_at":"2026-06-03T08:46:30.962065+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"United Bankshares Q1 2024 net income $86.8M ($0.64 EPS), down from $0.73 YoY","bullets":["Net income $86.8M vs $98.3M in Q1 2023 and $79.4M in Q4 2023; diluted EPS $0.64.","Net interest margin 3.44%, down 19 bps YoY and 11 bps QoQ on deposit repricing.","Non-performing loans rose to $74.4M (0.35% of loans) from $45.5M (0.21%) driven by one C&I relationship.","FDIC special assessment added $1.8M noninterest expense in Q1 2024.","No share repurchases in 2023 or 2024; well-capitalized with risk-based capital 15.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-111600","json":"https://secwatch.observer/filing/0001193125-24-111600.json","markdown":"https://secwatch.observer/filing/0001193125-24-111600.md","text":"https://secwatch.observer/filing/0001193125-24-111600.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/729986/000119312524111600/0001193125-24-111600-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/729986/000119312524111600/d817690d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:46:30.962065+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd3d4e3830aa16088f10a54b54d732490dc9df00","claim":"UNITED BANKSHARES INC/WV reported first quarter of 2024 results: net income $86.8 million, or $0.64 per diluted share, EPS $0.64 per diluted share.","evidence_excerpt":"United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the first quarter of 2024 of $86.8 million, or $0.64 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/729986/000119312524111600/0001193125-24-111600-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Net income","value":"$86.8 million, or $0.64 per diluted share"},{"label":"EPS","value":"$0.64 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}