United Bankshares Q3 profit jumps 37% to record high as interest income rises

United Bankshares

23/10/2025 12:58

Overview

United Bankshares Q3 2025 net income rises to $130.7 mln, marking record earnings

Net interest income for Q3 2025 increased by 22% year-over-year

Adjusted pretax profit for Q3 2025 beats analyst expectations

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

NET INTEREST INCOME - Driven by increased average earning assets and organic loan growth, contributing to record earnings

NONINTEREST INCOME - Boosted by net gains on investment securities and increased fees from brokerage services

EXPENSE MANAGEMENT - Noninterest expenses decreased slightly, under 1%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$130.74 mln
Q3 Net Interest Income
$280.11 mln
Q3 Adjusted Pretax Profit
Beat
$165.26 mln
$146.81 mln (5 Analysts)
Q3 Credit Loss Provision
$12.09 mln
Q3 Pretax Profit
$164.48 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "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 $40.00, about 11.4% above its October 21 closing price of $35.45

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw62fmM3a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)