UNITED BANKSHARES INC/WV (UBSI) Form 10-Q — Aug 7, 2026
United Bankshares reported Q2 2026 net income of $131.4 million, or $0.95 per diluted share, up from $120.7 million, or $0.85, a year earlier. First-half 2026 net income of $255.6 million was roughly 25% above the $205.0 million earned in the first half of 2025, which had absorbed Piedmont merger costs. Net interest income rose 3.92% year over year to $285.3 million with the net interest margin steady at 3.81%, while noninterest income jumped 22.40% to $38.5 million on brokerage fees and securities gains. The provision for credit losses fell to $5.0 million from $5.9 million, and return on average tangible common equity improved to 15.15%.
Key figures
- Eps
- 0.95
- Net Income
- 131377000
- Total Assets
- 33751832000
- Cash Position
- 2081303000
- Shares Outstanding
- 136212571
- Q2 buyback shares
- 1502220
- Net interest margin
- 3.81%
- Q2 buyback avg price
- 43.93
- Noninterest income yoy
- +22.40%
- Net interest income yoy
- +3.92%
- Total loans june 30 2026
- 25006238000
- Six month 2025 net income
- 205027000
- Six month 2026 net income
- 255577000
- Effective tax rate q2 2026
- 19.96%
- Q2 2026 noninterest income
- 38506000
- Six month diluted eps 2025
- 1.44
- Six month diluted eps 2026
- 1.83
- Q2 2026 net interest income
- 285312000
- Quarterly dividend per share
- 0.38
- Q2 2026 total interest income
- 418197000
- Unused fhlb borrowing capacity
- 9253375000
- Q2 2026 provision for credit losses
- 4961000
- Total shareholders equity june 30 2026
- 5510537000
- Shares remaining under 2025 repurchase plan
- 1558279
- Return on avg tangible common equity q2 2026
- 15.15%
Price after filing
Close on the filing date to close N calendar days later (from $48.32). Historical, not a forecast.
AI analysis
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