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United Bankshares, Inc. announces record earnings for the second quarter of 2026

By Staff Report, posted Jul 23, 2026 on BizFayetteville.com

United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported record earnings for the second quarter of 2026 of $131.4 million, or $0.95 per diluted share. Second quarter of 2026 results produced annualized returns on average assets, average shareholders’ equity and average tangible common equity, a non-GAAP measure, of 1.56%, 9.53%, and 15.15%, respectively.

“We delivered record results in the second quarter, and our consistent and disciplined approach to managing our Company’s affairs continues to pay dividends,” stated Richard M. Adams, Jr., United’s Chief Executive Officer in a press release. “We look forward to continued growth in the second half of the year.”

Earnings for the first quarter of 2026 were $124.2 million, or $0.89 per diluted share, and annualized returns on average assets, average shareholders’ equity, and average tangible common equity were 1.49%, 9.08% and 14.40%, respectively. Earnings for the second quarter of 2025 were $120.7 million, or $0.85 per diluted share, and annualized returns on average assets, average shareholders’ equity, and average tangible common equity were 1.49%, 9.05%, and 14.67%, respectively.

Within the Greater Fayetteville Business Journal’s coverage area, United Bank has provides banking services to communities with five banking and ATM locations in Fayetteville, Hope Mills, Elizabethtown and Lumberton.

“Our success in the Fayetteville Market has been built one relationship at a time,” said Jim Strickland, United Bank Fayetteville Market President. “By understanding the unique needs of local businesses, families, and the broader community, we have continued strengthening the customer relationships that contributed to United’s strong performance this quarter.”

The full earnings report can be found on the United Bank website here.

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