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UBSI — United Bankshares News Story

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United Bankshares Inc reports results for the quarter ended June 30 - Earnings Summary

United Bankshares Inc UBSI.OQ reported quarterly adjusted earnings of 85 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 71 cents.  The mean expectation of six analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 69 cents to 79 cents per share.

Revenue rose 19.6% to $306.00 million from a year ago; analysts expected $296.53 million.

United Bankshares Inc's reported EPS for the quarter was 85 cents​.

The company reported quarterly net income of $120.72 million.

United Bankshares Inc shares had risen by 1.2% this quarter and lost 1.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 7.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for United Bankshares Inc is $39.50, about 6.7% above its last closing price of $36.86

This summary was machine generated from LSEG data July 24 at 12:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.760.85Beat
Mar. 31 20250.630.59Missed
Dec. 31 20240.680.69Beat
Sep. 30 20240.670.70Beat

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