---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-184314"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:30:08.990757+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Bankshares Q2 EPS $0.71 beats Q1 and YoY; NIM expands; Piedmont merger on track

## Summary
- Q2 net income $96.5M ($0.71 diluted EPS) vs $86.8M ($0.64) in Q1 and $92.5M ($0.68) in Q2 2023.
- Net interest margin improved to 3.50% from 3.44% in Q1; net interest income up $3.2M sequentially.
- Noninterest expense decreased 4% sequentially; provision for credit losses $5.8M vs $11.4M YoY.
- Non-performing loans $65.3M (0.30% of loans) up from Dec 2023 but down $9.1M from March 2024.
- Piedmont Bancorp acquisition expected close late Q4 2024 or early Q1 2025; combined assets >$32B.

## SEC filing metadata
- accession: 0001193125-24-184314
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2024-07-25T23:59:59+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/729986/000119312524184314/0001193125-24-184314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312524184314/d875088d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-184314
- JSON: https://secwatch.observer/filing/0001193125-24-184314.json
- Plain text: https://secwatch.observer/filing/0001193125-24-184314.txt

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