secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANKSHARES INC/WV (UBSI)
CIK:        0000729986
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001193125-25-163847
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bankshares posts record Q2 net income of $120.7M, diluted EPS $0.85
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- Net income of $120.7M ($0.85 EPS) vs $96.5M ($0.71) in Q2 2024, up 25% YoY.
- Record net interest income of $274.5M, +22% YoY, driven by Piedmont acquisition and organic growth.
- Provision for credit losses was $5.9M, stable vs $5.8M YoY; net charge-offs 0.14% annualized.
- Asset quality sound: NPLs 0.28% of loans; risk-based capital ratio 15.8%, well above well-capitalized thresholds.
- Repurchased ~981k shares at avg $33.17 in Q2; total 1.5M shares in H1 2025 at avg $33.81.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729986/000119312525163847/0001193125-25-163847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729986/000119312525163847/d897897d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-163847

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer