For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue from contract-Service Other | 19,762 | - | ||
| Revenue from contract-Fiduciary And Trust | 22,729 | - | ||
| Revenue from contract-Deposit Account | 38,995 | - | ||
| Revenue from contract-Credit Card | 7,913 | - | ||
| Revenue from contract-Financial Service Other | 4,629 | - | ||
| Revenue from contract-Mortgage Banking | 9,567 | - | ||
| Revenue from contract | - | 103,511 | ||
| Income from bank-owned life insurance | 13,199 | 11,225 | ||
| Mortgage loan servicing income | 0 | 8,958 | ||
| Net investment securities gains (losses) | 11,170 | -7,720 | ||
| Other income | 7,190 | 7,721 | ||
| Total other income | 135,154 | 123,695 | ||
| Interest and fees on loans and leases | 1,480,112 | 1,302,604 | ||
| Interest on federal funds sold and other short-term investments | 93,700 | 66,207 | ||
| Taxable | 107,265 | 128,731 | ||
| Tax-exempt | 4,776 | 4,579 | ||
| Total interest income | 1,685,853 | 1,502,121 | ||
| Interest on deposits | 554,491 | 539,805 | ||
| Interest on short-term borrowings | 5,801 | 7,966 | ||
| Interest on long-term borrowings | 23,397 | 43,282 | ||
| Total interest expense | 583,689 | 591,053 | ||
| Net interest income | 1,102,164 | 911,068 | ||
| Provision for credit losses | 53,866 | 25,153 | ||
| Net interest income after provision for credit losses | 1,048,298 | 885,915 | ||
| Employee compensation | 252,054 | 234,618 | ||
| Employee benefits | 54,333 | 53,621 | ||
| Net occupancy expense | 49,794 | 46,084 | ||
| Other real estate owned ('oreo') expense | 892 | 576 | ||
| Net gains on the sales of oreo properties | 148 | 75 | ||
| Equipment expense | 34,917 | 29,686 | ||
| Data processing expense | 32,622 | 29,646 | ||
| Mortgage loan servicing expense and impairment | 0 | 2,694 | ||
| Bankcard processing expense | 2,342 | 2,490 | ||
| Fdic insurance expense | 17,022 | 19,735 | ||
| Other expense | 156,224 | 125,956 | ||
| Total other expense | 600,052 | 545,031 | ||
| Income before income taxes | 583,400 | 464,579 | ||
| Income taxes | 118,797 | 91,583 | ||
| Net income | 464,603 | 372,996 | ||
| Basic EPS | 3.28 | 2.76 | ||
| Diluted EPS | 3.27 | 2.75 | ||
| Basic Average Shares | 141,497,205 | 134,947,592 | ||
| Diluted Average Shares | 141,827,360 | 135,225,417 | ||
UNITED BANKSHARES INC WV (UBSI)
UNITED BANKSHARES INC WV (UBSI)