UNITED BANKSHARES INC/WV — Form 8-K
Filed July 23, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 42/100
What the filing says
United Bankshares (UBSI, $5.0B market cap) reported Q2 2026 net income of $131.4 million, or $0.95 diluted EPS, versus $124.2M/$0.89 in Q1 2026 and $120.7M/$0.85 in Q2 2025. Net interest income increased $2.8M sequentially to $285.3M; NII margin stable at 3.81%. The company repurchased 1.5 million shares at $43.93/share during Q2 (H1 2026: 3.2M shares at $41.78) and paid $52.6M in dividends. Credit quality remains sound (NPAs 0.36% of assets). Capital ratios strong: CET1 13.3%, Tier 1 13.3%, leverage 11.3%—all above regulatory minimums.
Why this rating
Record earnings are internally positive but Q2 growth was modest: sequential net income +5.8%, YoY +8.8%. NIM stable, provision mild. No transformational event—routine strong execution. Share buyback ($66M) and dividend ($53M) returned ~$119M to shareholders in Q2; H1 buyback of $136.4M is ~2.7% of market cap, meaningful but not exceptional. At $5B market cap, quarterly earnings ~2.6% annualized are solid but not trajectory-changing.
See more from July 23, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.