Every material Form 8-K United Bankshares filed with the SEC in 2025, 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, 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
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.
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 →