United Bankshares Q4 earnings rise driven by Piedmont acquisition

United Bankshares

22/01/2026 12:58

Overview

U.S. financial services firm's Q4 earnings rose yr/yr, driven by Piedmont acquisition

Net interest income for Q4 hit a record high, increasing 24% yr/yr

Provision for credit losses decreased significantly from Q3 to Q4 2025

Result Drivers

PIEDMONT ACQUISITION - Acquisition of Piedmont Bancorp led to increased average balances, income, and expenses in Q4 2025 compared to Q4 2024

NET INTEREST INCOME - Record net interest income in Q4 2025 driven by loan growth and lower average rate paid on deposits

NONINTEREST INCOME DECLINE - Noninterest income in Q4 2025 decreased 28% from Q3 2025 due to net losses on investment securities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
$128.83 mln
Q4 Net Interest Income
$287.46 mln
Q4 Credit Loss Provision
$6.78 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "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 6.5% below its January 21 closing price of $42.78

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBwbHz1mFa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)