United Bankshares Q1 Profit Jumps 47% YoY

United Bankshares reported Q1 2026 net profit of $124.2 million, $0.89 per diluted share, up from $84.3 million, $0.59 YoY.
Net interest income rose 9% YoY, increasing $22.5 million, driven by higher average net loans and lower deposit rates.
Credit loss provision fell sharply to $7.8 million from $29.1 million, improving asset quality and supporting earnings.
Average net loans grew $1.4 billion (6% YoY) and shares edged up 0.2% in pre‑market trade.