---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-247719"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:37:02.416280+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UBSI reports record Q3 EPS of $0.92; NPLs surge to $117M on two large CRE loans

## Summary
- Q3 net income $130.7M ($0.92 diluted), up from Q2 $120.7M ($0.85) and Q3 2024 $95.3M ($0.70).
- Net interest income record $280.1M (+2% QoQ, +22% YoY); net interest margin 3.80%.
- Non-performing loans rose to $116.9M (0.48% of loans) from $68.3M (0.28%) at June 30, driven by $60.5M in two CRE NOO office loans in Northern Virginia.
- Net charge-offs $20.0M (0.33% annualized) in Q3 vs $8.4M (0.14%) Q2; provision for credit losses $12.1M vs $5.9M Q2.
- Repurchased ~735k shares at avg $36.04 in Q3; risk-based capital ratio 15.7%.

## SEC filing metadata
- accession: 0001193125-25-247719
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312525247719/0001193125-25-247719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312525247719/d21381d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-247719
- JSON: https://secwatch.observer/filing/0001193125-25-247719.json
- Plain text: https://secwatch.observer/filing/0001193125-25-247719.txt

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