secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANKSHARES INC/WV (UBSI)
CIK:        0000729986
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001193125-26-018696
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Bankshares posts record FY2025 earnings of $464.6M ($3.27 EPS); Q4 EPS $0.91
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- Record annual net income $464.6M ($3.27 EPS) in FY2025, up 24.5% from FY2024's $373.0M ($2.75 EPS).
- Q4 net income $128.8M ($0.91 EPS) vs $94.4M ($0.69) a year ago; net interest margin expanded 34bps to 3.83%.
- Net interest income record $287.5M in Q4, up 3% linked quarter; provision for credit losses fell to $6.8M from $12.1M.
- Piedmont Bancorp acquisition (Jan 2025) drove loan growth and added $18.7M non-PCD provision; merger expenses $12.7M in FY2025.
- Credit quality: NPLs declined to $101.5M (0.41% of loans); Q4 annualized net charge-offs 0.15%. Repurchased 1.3M shares in Q4 at $36.49 avg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729986/000119312526018696/0001193125-26-018696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729986/000119312526018696/d74461d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-018696

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