United Bankshares Q1 2025 earnings $84.3 million, down from $86.8 million a year earlier
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.