United Bankshares Achieves Record Q3 2025 Earnings Amid Asset Growth

2025-10-24 companies

Charleston, Friday, 24 October 2025.
United Bankshares posted a record net income of $130.7 million for Q3 2025, driven by a substantial $3.3 billion increase in average earning assets, surpassing analysts’ expectations.

Strong Financial Performance

United Bankshares, Inc. (NASDAQ: UBSI) reported a remarkable increase in net income for the third quarter of 2025, reaching $130.7 million, or $0.92 per diluted share. This performance exceeded Wall Street expectations, which anticipated earnings of $0.82 per share [1][2]. The company’s revenue for Q3 2025 stood at $474.2 million, surpassing analyst estimates and reflecting a 23.1% year-on-year growth [3][4].

Growth in Earning Assets

A key driver of United Bankshares’ financial success was a substantial $3.3 billion, or 13%, increase in average earning assets compared to the same period in 2024 [5]. This growth was largely attributed to a $2.7 billion increase in average net loans and loans held for sale, demonstrating the company’s effective asset management strategy amid a challenging economic environment [1].

Net Interest Income and Margin

The net interest income for the third quarter reached a record $280.1 million, marking an increase of $5.6 million, or 2%, from the previous quarter. This growth was facilitated by an enhanced net interest margin of 3.80%, up from 3.52% in the third quarter of 2024 [3][6]. United’s ability to maintain a strong net interest margin reflects its strategic management of interest-bearing deposits and acquired loan accretion income [5].

Strategic Insights and Outlook

United Bankshares’ Chief Executive Officer, Richard M. Adams, Jr., emphasized the continuation of the bank’s earnings momentum from earlier in the year, underscoring the company’s robust performance and strategic growth trajectory. With consolidated assets totaling approximately $33 billion as of September 30, 2025, United Bankshares is well-positioned to continue its trajectory of growth and profitability in the coming quarters [1][7].

Sources

record earnings United Bankshares