United Bankshares Q2 FY26 net income rises 9% to $131.4 million

Reuters2026/07/23 11:50

By:Reuters

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United Bankshares posted Q2 2026 net income of USD 131.4 million, up 5% from Q1 2026, with diluted EPS of USD 0.95.
Net interest income rose 1% from Q1 to USD 285.3 million; net interest margin edged up 0.01 percentage point to 3.81%.
Provision for credit losses fell to USD 5 million from USD 7.8 million in Q1, while net charge-offs were USD 5.1 million.
Noninterest income climbed 13% from Q1 to USD 38.5 million, while noninterest expense increased 1% to USD 154.7 million.
CEO Richard M. Adams, Jr. said the company delivered record quarterly results and expects continued growth in the second half.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Bankshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723168516) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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United Bankshares Q2 FY26 net income rises 9% to $131.4 million

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