United Bankshares (UBSI) has just posted its Q1 2026 scorecard, with the latest available quarter showing Q4 2025 revenue of US$330.3 million and basic EPS of US$0.92. Trailing twelve month revenue sat at US$1.2 billion and EPS at US$3.28, supported by net income of US$463.6 million. Over the past few quarters, revenue has moved from US$255.2 million in Q3 2024 to US$330.3 million in Q4 2025, with quarterly EPS ranging between US$0.59 and US$0.92 across that period. This sets the scene for investors to focus on how profitability and margins are holding up as they review the latest release.

See our full analysis for United Bankshares.

With the headline numbers on the table, the next step is to see how this earnings profile lines up with the widely followed narratives around growth, quality, and income for United Bankshares.

24.6% earnings growth changes the story

• Over the last 12 months, earnings grew 24.6% while trailing net profit margin sat at 38.6%, up from 36.9% a year earlier, pointing to more profit being kept from each dollar of the US$1.2b in revenue recorded over the same period.
• Supporters of a more bullish angle often point to this combination of earnings growth and margin strength. Yet the data also gives you a way to test how robust that view really is:
  • On one side, the 24.6% earnings growth and 38.6% margin both line up with the idea of a solid operating profile, especially when net income over the trailing period reached US$463.6 million.
  • On the other, the 5 year annualized earnings growth of 2.4% shows that this stronger year sits against a slower longer term trend, so readers can ask whether the recent jump reflects a one year effect or something more durable.

Curious how that mix of near term strength and slower multi year growth shows up in real investor stories and trade offs, and what other angles people are watching around UBSI right now, 📊 Read the what the Community is saying about United Bankshares.

Loan book growth with shifting credit quality

• Total loans moved from US$21,680.5 million in Q4 2024 to US$24,720.6 million in Q4 2025, while non performing loans rose over the same points from US$73.4 million to US$101.5 million, so a larger book is paired with a higher level of problem loans in absolute terms.
• Investors who lean bearish on regional banks often focus on credit risk in periods when balance sheets expand, and this dataset gives a few concrete numbers to weigh that concern:
  • The increase in non performing loans alongside loan growth gives critics a clear data point to argue that asset quality needs close attention, even though nothing here quantifies charge offs or losses.
  • At the same time, trailing net income of US$463.6 million and a 38.6% net margin show that, at least over the past year, profitability has been strong enough that credit costs have not erased overall earnings power.

Mixed valuation signals around a 13.2x P/E

• UBSI trades on a trailing P/E of 13.2x, compared with 11.7x for the US Banks industry and 16.6x for its peer group, while the current share price of US$43.91 sits about 31.6% below a DCF fair value estimate of US$64.22 and the shares carry a 3.46% trailing dividend yield.
• What stands out for investors weighing a bullish case is how these valuation and income figures can both support and complicate that thesis:
  • Supporters can point to the roughly 31.6% gap to the DCF fair value and the 3.46% yield as reasons some investors might see room for upside alongside ongoing income, especially given the 24.6% earnings growth in the same period.
  • At the same time, the fact that the 13.2x P/E is above the wider US Banks industry average of 11.7x means the stock is not the cheapest name in its space on this measure, so anyone leaning bullish still has to weigh that premium against the earnings and margin profile.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on United Bankshares's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

All this points to a mixed but interesting picture, so it makes sense to look through the numbers yourself and stress test the story from every angle. If you want a quick way to see what the positives look like in more detail, start by checking out the 3 key rewards.

See What Else Is Out There

UBSI combines a 24.6% one-year earnings increase and strong margins with slower five-year earnings growth and rising non-performing loans on a growing loan book.

If that combination of slower multi-year earnings progress and credit quality questions feels uncomfortable, it may be worth exploring companies in the 73 resilient stocks with low risk scores that focus on resilience and stability.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.