Recent Updates — UBSI
United Bankshares declared a third quarter dividend of $0.38 per share for shareholders of record as of September 11, 2026, payable on October 1, 2026. The total payout amounts to approximately $51.8 million based on 136.2 million shares outstanding. Concurrently, the Board approved a new stock repurchase plan authorizing up to 6.8 million shares, representing roughly 5% of issued and outstanding common stock. This 2026 Plan replaces the prior program from November 2025, which is terminated effective August 24, 2026. United Bankshares operates as a financial services company and bank holding company.
United Bankshares, Inc. reported record second quarter 2026 earnings of $131.4 million, or $0.95 per diluted share, compared to $120.7 million ($0.85 per share) in the second quarter of 2025. Net interest income for the quarter was $285.3 million, and the net interest margin was 3.81%. The company repurchased 1.5 million shares for $66 million during the quarter. For the full year 2026, the company provided guidance for net interest income between $1.15 billion and $1.16 billion, non-interest income between $135 million and $140 million, and non-interest expense between $620 million and $625 million. The company operates in the financial services industry as a bank holding company.