United Bankshares Reports Q2 Net Income of $131.38 Million and Completes Buyback

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United Bankshares reported second quarter 2026 net income of US$131.38 million, lower net charge offs, and the completion of a multi-quarter share repurchase program. The stock trades at US$47.36 with a year-to-date return of 23.37% and a one-year total shareholder return of 34.40%. Its price-to-earnings ratio of 12.9x sits above the US banks industry average of 12.1x but below a peer average of 15.6x, while a Simply Wall St discounted cash flow model estimates fair value at US$67.07, implying the shares trade about 29.4% below that estimate. Profit grew 36.2% over the past year and net profit margins reached 40.9%, though return on equity of 9.2% remains low relative to a 20% benchmark.

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United Bankshares Inc
UBSI
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Reports Q2 net income of $131.38M, lower net charge-offs, and completion of share repurchase program.