secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANKSHARES INC/WV (UBSI)
CIK:        0000729986
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001193125-25-092288
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bankshares Q1 EPS $0.59; record NII $260.1M, Piedmont deal closed
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- Net income $84.3M ($0.59 diluted EPS) vs. $86.8M ($0.64) Q1 2024; revenue up on Piedmont acquisition.
- Record net interest income $260.1M (+12% linked qtr); NIM expanded 20bp to 3.69%.
- Merger-related charges $30.0M (noninterest expense + provision) from Piedmont acquisition.
- Repurchased 567k shares at avg $34.93; capital ratios well above well-capitalized thresholds.
- Nonperforming loans 0.29% of loans; allowance for loan losses 1.30%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729986/000119312525092288/0001193125-25-092288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729986/000119312525092288/d926428d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-092288

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