United Bankshares Q4 earnings rise driven by Piedmont acquisition

Reuters01-22

United Bankshares Q4 earnings rise driven by Piedmont acquisition

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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2605499359?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-22 20:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605499359","market":"us","top_or_hot":-1,"title":"United Bankshares Q4 earnings rise driven by Piedmont acquisition","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>United Bankshares Q4 earnings rise driven by Piedmont acquisition</title></head><body><p><span>Overview</span></p><ul><li><p>U.S. financial services firm's Q4 earnings rose yr/yr, driven by Piedmont acquisition</p></li><li><p>Net interest income for Q4 hit a record high, increasing 24% yr/yr</p></li><li><p>Provision for credit losses decreased significantly from Q3 to Q4 2025</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>PIEDMONT ACQUISITION - Acquisition of Piedmont Bancorp led to increased average balances, income, and expenses in Q4 2025 compared to Q4 2024</p></li><li><p>NET INTEREST INCOME - Record net interest income in Q4 2025 driven by loan growth and lower average rate paid on deposits</p></li><li><p>NONINTEREST INCOME DECLINE - Noninterest income in Q4 2025 decreased 28% from Q3 2025 due to net losses on investment securities</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$128.83 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$287.46 mln</p></td><td></td></tr><tr><td><p>Q4 Credit Loss Provision</p></td><td></td><td><p>$6.78 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>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\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"buy.\"</p></li><li><p>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</p></li><li><p>The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago</p></li></ul><p>Press Release: <span>ID:nBwbHz1mFa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>United Bankshares Q4 earnings rise driven by Piedmont acquisition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnited Bankshares Q4 earnings rise driven by Piedmont acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-22 20:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>United Bankshares Q4 earnings rise driven by Piedmont acquisition</title></head><body><p><span>Overview</span></p><ul><li><p>U.S. financial services firm's Q4 earnings rose yr/yr, driven by Piedmont acquisition</p></li><li><p>Net interest income for Q4 hit a record high, increasing 24% yr/yr</p></li><li><p>Provision for credit losses decreased significantly from Q3 to Q4 2025</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>PIEDMONT ACQUISITION - Acquisition of Piedmont Bancorp led to increased average balances, income, and expenses in Q4 2025 compared to Q4 2024</p></li><li><p>NET INTEREST INCOME - Record net interest income in Q4 2025 driven by loan growth and lower average rate paid on deposits</p></li><li><p>NONINTEREST INCOME DECLINE - Noninterest income in Q4 2025 decreased 28% from Q3 2025 due to net losses on investment securities</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$128.83 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$287.46 mln</p></td><td></td></tr><tr><td><p>Q4 Credit Loss Provision</p></td><td></td><td><p>$6.78 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>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\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"buy.\"</p></li><li><p>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</p></li><li><p>The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago</p></li></ul><p>Press Release: <span>ID:nBwbHz1mFa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UBSI","symbol_name":"联合银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260122:nL1N3YN0JH:1","article_id":"2605499359","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605499359","pubTimestamp":1769086704,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"United Bankshares Q4 earnings rise driven by Piedmont acquisitionOverviewU.S. financial services firm's Q4 earnings rose yr/yr, driven by Piedmont acquisitionNet interest income for Q4 hit a record hi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UBSI":"联合银行","BK4211":"区域性银行"},"translate_title":"皮埃蒙特收购推动联合银行股第四季度盈利增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBSI":0.9},"content_text":"United Bankshares Q4 earnings rise driven by Piedmont acquisitionOverviewU.S. financial services firm's Q4 earnings rose yr/yr, driven by Piedmont acquisitionNet interest income for Q4 hit a record high, increasing 24% yr/yrProvision for credit losses decreased significantly from Q3 to Q4 2025Result DriversPIEDMONT ACQUISITION - Acquisition of Piedmont Bancorp led to increased average balances, income, and expenses in Q4 2025 compared to Q4 2024NET INTEREST INCOME - Record net interest income in Q4 2025 driven by loan growth and lower average rate paid on depositsNONINTEREST INCOME DECLINE - Noninterest income in Q4 2025 decreased 28% from Q3 2025 due to net losses on investment securitiesKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Net Income$128.83 mlnQ4 Net Interest Income$287.46 mlnQ4 Credit Loss Provision$6.78 mlnAnalyst CoverageThe 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 $42.78The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months agoPress Release: ID:nBwbHz1mFaFor 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605499359","isCrawlerRequest":true}