---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-242303"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:45:24.408754+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# United Bankshares Q3 EPS $0.70; net income $95.3M, down slightly YoY; Piedmont merger on track

## Summary
- Diluted EPS $0.70 vs $0.71 YoY and QoQ; net income $95.3M, down from $96.2M in Q3 2023.
- Net interest income $230.3M, +2% QoQ; NIM of 3.52% vs 3.50% in Q2 2024.
- Sold remaining MSRs ($1.1B UPB) for $7.1M gain; sold $196.7M AFS securities at $6.9M loss.
- Merger with Piedmont Bancorp expected to close late Q4 2024 or early Q1 2025; combined $32B assets.
- Credit quality sound: NPLs 0.30% of loans; ALLL 1.25%; risk-based capital ratio 16.2%.

## SEC filing metadata
- accession: 0001193125-24-242303
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312524242303/0001193125-24-242303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312524242303/d830710d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-242303
- JSON: https://secwatch.observer/filing/0001193125-24-242303.json
- Plain text: https://secwatch.observer/filing/0001193125-24-242303.txt

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