---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-171886"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:43:06.405718+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# UBSI Q1 net income $124.2M ($0.89), up 47% YoY; repurchased 1.7M shares at $39.92

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-171886
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312526171886/0001193125-26-171886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312526171886/d33010d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-171886
- JSON: https://secwatch.observer/filing/0001193125-26-171886.json
- Plain text: https://secwatch.observer/filing/0001193125-26-171886.txt

## Key facts
- Earnings Releases
  UNITED BANKSHARES INC/WV reported the first quarter of 2026 results: net income $124.2 million, or $0.89 per diluted share, EPS $0.89 per diluted share.
  - Period: the first quarter of 2026
  - Net income: $124.2 million, or $0.89 per diluted share
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the first quarter of 2026 of $124.2 million, or $0.89 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/729986/000119312526171886/0001193125-26-171886-index.htm

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