earnings
confidence high
sentiment positive
materiality 0.55
UBSI Q1 net income $124.2M ($0.89), up 47% YoY; repurchased 1.7M shares at $39.92
UNITED BANKSHARES INC/WV
2026-Q1 EPS reported
$0.89
- Q1 2026 diluted EPS $0.89 vs $0.59 YoY and $0.91 in Q4 2025; net income $124.2M.
- Net interest income $282.5M, down 2% QoQ; NIM 3.80% vs 3.83% Q4 2025.
- Repurchased ~1.7M shares at avg $39.92 under existing plan; risk-based capital ratio 15.5%.
- Nonperforming loans 0.41% of loans; ALLL 1.20%; net charge-offs 0.09% annualized.
- No merger-related expenses in Q1 2026 vs $30M in Q1 2025 from Piedmont acquisition.