United Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	2,404	1,102	911.07	919.92	896.43	742.73
Net Interest Income Growth	81.25%	20.97%	-0.96%	2.62%	20.69%	7.68%
Non-Interest Income	139.45	135.15	123.7	135.26	153.26	278.13
Non-Interest Income Growth	15.87%	9.26%	-8.55%	-11.75%	-44.90%	-21.60%
Revenues Before Loan Losses	2,543	1,237	1,035	1,055	1,050	1,021
Provision for Credit Losses	32.54	53.87	25.15	31.15	18.82	-23.97
Revenue	2,511	1,183	1,010	1,024	1,031	1,045
Revenue Growth (YoY)	79.58%	17.22%	-1.41%	-0.66%	-1.34%	11.39%
Compensation Expenses	311.7	306.39	288.24	279.18	288.35	333.84
Selling, General & Admin	117.66	118.08	105.92	106.85	107.28	104.88
Other Non-Interest Expenses	167.45	176.48	151.45	175.56	161.59	148.63
Total Non-Interest Expense	599.29	600.05	545.03	560.22	555.09	581.98
Pretax Income	949.92	583.4	464.58	463.81	475.78	462.85
Provision for Income Taxes	127.96	118.8	91.58	97.49	96.16	95.12
Net Income	504.5	464.6	373	366.31	379.63	367.74
Net Income to Common	504.5	464.6	373	366.31	379.63	367.74
Net Income Growth	36.17%	24.56%	1.82%	-3.51%	3.23%	27.23%
Shares Outstanding (Basic)	141	141	135	135	135	129
Shares Outstanding (Diluted)	141	142	135	135	135	130
Shares Change (YoY)	2.91%	4.88%	0.35%	-0.27%	4.33%	7.85%
EPS (Basic)	3.58	3.28	2.76	2.72	2.81	2.84
EPS (Diluted)	3.57	3.27	2.75	2.71	2.80	2.83
EPS Growth	32.71%	18.91%	1.48%	-3.21%	-1.06%	17.92%
Shares Outstanding	139.42	138	135.35	134.95	134.75	136.39
Free Cash Flow	-	481.19	433.33	423.55	743.96	594.16
Free Cash Flow Growth	-	11.05%	2.31%	-43.07%	25.21%	389.33%
Free Cash Flow Per Share	-	3.39	3.20	3.14	5.51	4.59
Dividends Per Share	1.500	1.490	1.480	1.450	1.440	1.410
Dividend Growth	0.67%	0.68%	2.07%	0.69%	2.13%	0.71%
Profit Margin	20.09%	39.26%	36.94%	35.77%	36.83%	35.20%
FCF Margin	-	40.66%	42.92%	41.36%	72.17%	56.87%
EBITDA	-	-13.05	10.4	23.11	23.67	7.91
EBITDA Margin	-	-1.10%	1.03%	2.26%	2.30%	0.76%
Effective Tax Rate	13.47%	20.36%	19.71%	21.02%	20.21%	20.55%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q