Every material Form 8-K United Bankshares has filed with the SEC since January 26, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
United Bankshares reported third-quarter 2026 net income of $128.7 million, or $0.94 per diluted share, down from $131.4 million, or $0.95, in the second quarter and from $130.7 million, or $0.92, a year earlier. Net interest income hit a record $294.3 million, but noninterest income fell 20% from the prior quarter, and dollar earnings declined while per-share earnings rose from a year ago.
Q3 2026 net income $128.7 million, $0.94 diluted EPS, versus $131.4 million and $0.95 in Q2 2026 and $130.7 million and $0.92 in Q3 2025
Record net interest income of $294.3 million, up 3% from Q2 2026; net interest margin 3.86% versus 3.81%
Noninterest income fell 20% to $30.8 million from Q2 2026, driven by lower investment gains and mortgage banking income
Nine-month 2026 net income $384.3 million, or $2.77 per diluted share, versus $335.8 million and $2.36 a year earlier
United Bankshares reported record second-quarter 2026 net income of $131.4 million, or $0.95 per diluted share, up from $124.2 million, or $0.89, in the first quarter and $120.7 million, or $0.85, in the second quarter of 2025. Net interest income, the provision for credit losses and noninterest income all moved in ways that supported the higher earnings, though non-performing loans rose.
Q2 2026 net income was $131.4 million, or $0.95 per diluted share, versus $124.2 million, or $0.89, in Q1 2026 and $120.7 million, or $0.85, in Q2 2025.
Net interest income was $285.3 million, up 1% from Q1 2026 and up 4% from Q2 2025; net interest margin was 3.81%.
Non-performing loans were $110.6 million, or 0.44% of loans, at June 30, 2026, up from $102.8 million, or 0.41%, at March 31, 2026.
In Q2 2026, United repurchased about 1.5 million shares at an average price of $43.93.
United Bankshares reported first-quarter 2026 net income of $124.2 million, or $0.89 per diluted share, down from $128.8 million, or $0.91, in the fourth quarter of 2025 but up from $84.3 million, or $0.59, in the first quarter of 2025. Net interest income fell 2% from the prior quarter while noninterest income rose 10%, and the company repurchased about 1.7 million shares during the quarter at an average price of $39.92. The results were released in a press release furnished as Exhibit 99.1.
Net income $124.2 million and diluted EPS $0.89, versus $128.8 million and $0.91 in Q4 2025 and $84.3 million and $0.59 in Q1 2025
Net interest income $282.5 million, down $4.9 million (2%) from Q4 2025 and up $22.5 million (9%) from Q1 2025
Noninterest income $34.1 million, up $3.1 million (10%) from Q4 2025; noninterest expense $152.8 million
About 1.7 million shares repurchased in Q1 2026 at an average price of $39.92; cash dividend $0.38 per share
United Bankshares reported record 2025 net income of $464.6 million, or $3.27 per diluted share, up from $373.0 million, or $2.75 per diluted share, in 2024. Fourth-quarter net income was $128.8 million, or $0.91 per diluted share, slightly below the third quarter but up from the fourth quarter of 2024, and net interest income reached a record $287.5 million. Results reflect the Piedmont Bancorp acquisition completed on January 10, 2025.
Full-year 2025 net income was $464.6 million, or $3.27 per diluted share, versus $373.0 million, or $2.75, in 2024.
Q4 2025 net income was $128.8 million, or $0.91 per diluted share, versus $130.7 million, or $0.92, in Q3 2025 and $94.4 million, or $0.69, in Q4 2024.
Q4 2025 net interest income was a record $287.5 million, up 3% from Q3 2025 and 24% from Q4 2024; net interest margin was 3.83%.
Q4 2025 noninterest income was $30.9 million, down 28% from Q3 2025.
United Bankshares, Inc. (NASDAQ: UBSI) reported record earnings of $130.7 million, or $0.92 per diluted share, for the third quarter of 2025, up from $120.7 million, or $0.85 per diluted share, in the second quarter and $95.3 million, or $0.70 per diluted share, in the third quarter of 2024. Non-performing loans rose to $116.9 million from $68.3 million at June 30, 2025, mainly due to two commercial real estate loans tied to one sponsor, which shareholders should weigh alongside the earnings gain.
Q3 2025 earnings were $130.7 million, or $0.92 per diluted share, versus $120.7 million, or $0.85, in Q2 2025 and $95.3 million, or $0.70, in Q3 2024.
Net interest income was a record $280.1 million, up $5.6 million, or 2%, from Q2 2025; net interest margin was 3.80% versus 3.81% in Q2.
Non-performing loans were $116.9 million at September 30, 2025, up from $68.3 million at June 30, 2025; Q3 net charge-offs were $20.0 million, including $16.5 million on two CRE loans tied to the same sponsor.
During Q3 2025, United repurchased about 735 thousand shares of common stock at an average price of $36.04.
On July 31, 2025, United Bankshares entered into change-in-control agreements with its CEO, President, CFO and Chief Risk and Information Officer, setting severance terms if they are terminated without cause or resign for good reason within two years after a change in control. The company also approved forms of equity award agreements and a correction to existing supplemental executive retirement agreements, which shareholders may review in the filed exhibits.
Agreements cover Richard M. Adams, Jr. (CEO), James J. Consagra, Jr. (President), W. Mark Tatterson (EVP, CFO and Treasurer) and Darren K. Williams (EVP, Chief Risk and Information Officer), signed July 31, 2025.
Lump-sum severance is two times the sum of base salary and target bonus, or three times for Adams and Consagra, plus a prorated bonus.
Health premium support runs 24 months, or 36 months for Adams and Consagra.
On July 29, 2025, the Compensation and Human Capital Committee approved forms of equity award agreements under the 2025 Equity Incentive Plan and an amendment to existing SERP agreements.
United Bankshares reported record second-quarter 2025 net income of $120.7 million, or $0.85 per diluted share, up from $84.3 million in the first quarter and $96.5 million a year earlier. CEO Richard M. Adams, Jr. attributed the results to the company's entry into the Atlanta market, excellent asset quality, and strong expense control, and the results include the Piedmont Bancorp acquisition completed January 10, 2025. The company also furnished a press release and slide presentation with the filing.
Q2 2025 net income was $120.7 million, or $0.85 per diluted share, versus $84.3 million ($0.59) in Q1 2025 and $96.5 million ($0.71) in Q2 2024.
Net interest income was a record $274.5 million, up 22% from Q2 2024 and 6% from Q1 2025.
Noninterest expense was $148.0 million, up 10% from Q2 2024, and included $1.3 million in merger-related expenses.
Non-performing loans were $68.3 million, or 0.28% of loans, at June 30, 2025; the company repurchased about 981 thousand shares in Q2 at an average price of $33.17.
At its May 14, 2025 annual meeting, United Bankshares shareholders approved the company's 2025 Equity Incentive Plan, which became effective upon approval. Shareholders also elected 15 directors to one-year terms, ratified Ernst & Young LLP as auditor for 2025, and approved on an advisory basis the compensation of named executive officers.
Equity Incentive Plan approved with 102,669,632 votes for and 3,677,935 against, plus 854,213 abstentions.
Advisory vote on executive compensation approved with 103,780,294 votes for and 2,571,168 against.
Ernst & Young LLP ratified as independent auditor for the fiscal year ending December 31, 2025, with 120,649,240 votes for and 3,474,593 against.
The 2025 Plan was approved by the Board on February 24, 2025, and its terms are described in the April 1, 2025 proxy statement.
United Bankshares reported first-quarter 2025 net income of $84.3 million, or $0.59 per diluted share, compared with $86.8 million, or $0.64 per share, a year earlier. Net interest income reached a record $260.1 million, but the quarter included $11.3 million in merger-related noninterest expenses tied to the completed Piedmont Bancorp acquisition, which also lifted average balances and credit provisions.
Diluted EPS was $0.59, versus $0.64 in Q1 2024 and $0.69 in Q4 2024.
Net interest income was a record $260.1 million, up 17% from Q1 2024.
Merger-related noninterest expenses totaled $11.3 million, and the provision for credit losses was $29.1 million, including $18.7 million on Piedmont loans.
The company repurchased about 567 thousand shares at an average price of $34.93 and declared a $0.37 per share dividend.
United Bankshares reported fourth-quarter 2024 net income of $94.4 million, or $0.69 per diluted share, compared with $79.4 million, or $0.59 per share, a year earlier, and slightly below $95.3 million in the third quarter. Full-year 2024 net income was $373.0 million, or $2.75 per diluted share, up from $366.3 million, or $2.71, in 2023, and the company completed its acquisition of Piedmont Bancorp on January 10, 2025.
Q4 2024 net income $94.4 million, $0.69 per diluted share, versus $79.4 million, $0.59 in Q4 2023 and $95.3 million, $0.70 in Q3 2024
Full-year 2024 net income $373.0 million, $2.75 per diluted share, versus $366.3 million, $2.71 in 2023
Piedmont Bancorp acquisition closed January 10, 2025, with approximately $2.4 billion in total assets
Non-performing loans were $73.4 million, or 0.34% of loans and leases, at December 31, 2024; no shares were repurchased in 2024 or 2023
United Bankshares reported third-quarter 2024 net income of $95.3 million, or $0.70 per diluted share, down from $96.2 million, or $0.71 per share, a year earlier. Net income for the first nine months of 2024 was $278.6 million, or $2.06 per diluted share, compared with $286.9 million, or $2.12, in the same period of 2023. Shareholders are seeing slightly lower profit year over year even as net interest income held steady, and the pending Piedmont Bancorp merger is expected to close in late 2024 or early 2025.
Q3 2024 net income $95.3 million ($0.70 diluted) vs. $96.2 million ($0.71) in Q3 2023; Q2 2024 was $96.5 million ($0.71)
Nine-month 2024 net income $278.6 million ($2.06 diluted) vs. $286.9 million ($2.12) in 2023
Q3 2024 net interest income $230.3 million, up 2% from Q2 2024 and flat from Q3 2023
Noninterest income $31.9 million in Q3 2024, down 5% from Q3 2023; merger with Piedmont expected to close late Q4 2024 or early Q1 2025
United Bankshares increased its board to 15 members and appointed Dr. Sara DuMond as an independent director to fill the new seat, effective October 21, 2024. DuMond is a practicing pediatrician and founder and CEO of Pediatric Housecalls, PLLC, and the filing reports no financial results or deal terms.
Board size increased to 15 members on August 26, 2024, creating the seat DuMond fills
Appointment effective October 21, 2024; DuMond has not yet been named to any board committee
DuMond will receive compensation under the standard arrangements for non-employee directors described in the April 2, 2024 proxy statement
DuMond is founder and CEO of Pediatric Housecalls, PLLC, and a board-certified pediatrician
United Bankshares reported second-quarter 2024 net income of $96.5 million, or $0.71 per diluted share, up from $86.8 million, or $0.64, in the first quarter of 2024 and $92.5 million, or $0.68, in the second quarter of 2023. Net interest margin rose to 3.50% from 3.44% in the first quarter, while noninterest income fell 14% year over year. The pending merger with Piedmont Bancorp, Inc. is expected to close late in the fourth quarter of 2024 or early in the first quarter of 2025, subject to customary closing conditions.
Q2 2024 net income was $96.5 million, or $0.71 per diluted share, versus $86.8 million, or $0.64, in Q1 2024 and $92.5 million, or $0.68, in Q2 2023.
Net interest margin was 3.50% for Q2 2024, up 6 basis points from 3.44% in Q1 2024.
Noninterest income was $30.2 million in Q2 2024, down $5.0 million, or 14%, from Q2 2023; noninterest expense was $134.8 million.
Piedmont Bancorp merger expected to close late in Q4 2024 or early in Q1 2025.
United Bankshares agreed on May 9, 2024 to acquire Piedmont Bancorp, a Georgia bank holding company with about $2.1 billion in assets and 16 locations, through a merger in which Piedmont shareholders receive 0.300 United shares for each Piedmont share. United expects to issue about 7,756,514 shares, and the company's presentation projects 7.6% EPS accretion in 2025 but 3.5% dilution to tangible book value per share, so shareholders face both earnings and capital effects.
Aggregate transaction value of approximately $267 million, all in United common stock, per the company's exhibit
Fixed exchange ratio of 0.300 United shares per Piedmont share; about 7,756,514 United shares expected to be issued
Piedmont termination fee of $10,690,000 payable in certain circumstances; merger expected to close in the fourth quarter of 2024
Closing requires Piedmont shareholder approval and Federal Reserve approval among other conditions
United Bankshares reported first-quarter 2024 net income of $86.8 million, or $0.64 per diluted share, down from $98.3 million, or $0.73 per diluted share, a year earlier, though up from $79.4 million in the fourth quarter of 2023. Net interest income fell 5% from a year earlier, while the company's capital ratios and credit metrics were reported as sound, and the company did not repurchase shares in 2023 or the first quarter of 2024.
Q1 2024 net income $86.8 million, or $0.64 per diluted share, versus $98.3 million, or $0.73, in Q1 2023 and $79.4 million, or $0.59, in Q4 2023
Net interest income of $222.5 million for Q1 2024 was down $11.8 million, or 5%, from Q1 2023, mainly due to higher deposit interest expense
Non-performing loans rose to $74.4 million, or 0.35% of loans, at March 31, 2024, from $45.5 million at December 31, 2023, driven by one commercial and industrial loan relationship
Q1 2024 included $1.8 million of FDIC special assessment expense; the quarterly cash dividend was $0.37 per share
United Bankshares (UBSI) reported fourth-quarter 2023 net income of $79.4 million, or $0.59 per diluted share, down from $99.8 million, or $0.74, in the fourth quarter of 2022. Full-year 2023 net income was $366.3 million, or $2.71 per diluted share, compared with $379.6 million, or $2.80, in 2022, and results included a $12.0 million FDIC special assessment in the fourth quarter.
Q4 2023 net income was $79.4 million, or $0.59 per diluted share, versus $96.2 million, or $0.71, in Q3 2023 and $99.8 million, or $0.74, in Q4 2022.
Full-year 2023 net income was $366.3 million, or $2.71 per diluted share, versus $379.6 million, or $2.80, in 2022.
Q4 2023 noninterest expense included a $12.0 million FDIC special assessment, and net interest margin was 3.55%, down from 3.87% a year earlier.
The filing contains no earnings guidance; United did not repurchase any shares in 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every United Bankshares filing is on SEC EDGAR ↗. 8-K briefs of other companies →