The financials
United Bankshares, Inc. by the numbers
United Bankshares, Inc. (UBSI) reported revenue of $416M in Q1 2026 (quarter ended March 31, 2026), up 3.0% from the same quarter a year earlier. That came with net income of $124M (30% of revenue). For the full year FY2025, revenue was $1.69B (+12% year on year) and net income $465M. Its largest product in 2026-Q2 was Deposit Account at $10M, 35% of the disclosed total, just ahead of Fiduciary And Trust at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $416M | $404M | +3.0% |
| Net income | $124M | $84M | +47% |
| Diluted EPS | $0.89 | $0.59 | +51% |
| Product | Revenue | Share |
|---|---|---|
| Deposit Account | $10M | 35% |
| Fiduciary And Trust | $6.8M | 24% |
| Service Other | $5.2M | 18% |
| Mortgage Banking | $2.9M | 10% |
| Credit Card | $2.4M | 8.3% |
| Financial Service Other | $1.2M | 4.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $28.5M (+3.9%)
Fiduciary And Trust grew +39% year on yearDeposit Account +4.2% year on year
Segment Latestquarter on quarteryear on year
- Deposit Account$10.1M$10.1MQoQ +5.1%year on year +4.2%+5.1%+4.2%
- Fiduciary And Trust$6.8M$6.8MQoQ -8.6%year on year +39%-8.6%+39%
- Service Other$5.2M$5.2MQoQ +6.9%year on year +5.3%+6.9%+5.3%
- Mortgage Banking$2.9M$2.9MQoQ +14%year on year +12%+14%+12%
- Credit Card$2.4M$2.4MQoQ +20%year on year +13%+20%+13%
- Financial Service Other$1.2M$1.2MQoQ +12%year on year +6.2%+12%+6.2%