secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNITED BANKSHARES INC/WV (UBSI)
CIK:        0000729986
Form:       8-K
Filed at:   2026-10-22T12:00:15+00:00
Accession:  0001193125-26-428347
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

United Bankshares Q3 EPS $0.94 vs $0.92 a year ago; record net interest income of $294.3M
--------------------------------------------------------------------------------

- Q3 2026 net income $128.7M, or $0.94 per diluted share, vs $130.7M ($0.92) in Q3 2025 and $131.4M ($0.95) in Q2 2026.
- Record net interest income $294.3M, up 3% QoQ and 5% YoY; net interest margin 3.86% vs 3.81% in Q2 2026 and 3.80% in Q3 2025.
- Noninterest income fell 20% QoQ and 29% YoY to $30.8M, driven by $348K securities losses vs $2.8M Q2 gains and $10.4M year-ago gains.
- Provision for credit losses $6.2M vs $5.0M in Q2 and $12.1M a year ago; net charge-offs $11.6M (0.18% annualized); NPLs 0.43% of loans.
- Repurchased 2.1M shares at average $46.84 in Q3 (5.4M at $43.77 YTD); CET1 12.9%, leverage 11.1%, ROTCE 14.68%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729986/000119312526428347/0001193125-26-428347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729986/000119312526428347/d41860d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-428347

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