United Bankshares Q1 FY26 net income rises 47.32% to $124.2 million

United Bankshares, Inc.

United Bankshares, Inc.

UBSI

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  • United Bankshares posted first-quarter net income of USD 124.2 million, up 47.32%, with diluted EPS of USD 0.89.
  • Net interest income rose 8.64% to USD 282.52 million, while provision for credit losses fell to USD 7.78 million from merger-related levels a year earlier.
  • Noninterest income climbed 15.26% to USD 34.06 million, helped by USD 2.27 million of net gains on investment securities.
  • Shares repurchased totaled 1,739,501 for USD 69.43 million at an average price of USD 39.92, while total deposits edged up to USD 27.12 billion.


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