secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANKSHARES INC/WV (UBSI)
CIK:        0000729986
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001193125-26-171886
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729986/000119312526171886/0001193125-26-171886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729986/000119312526171886/d33010d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-171886

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