United Bankshares financials
$46.15−1.22%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $456.7M | $450.0M | $461.0M | $474.2M | $452.7M | $433.2M | $405.4M | $414.7M | $404.4M | $401.4M | $402.9M | $390.6M |
| Gross profit | $323.8M | $316.6M | $318.4M | $323.3M | $306.0M | $289.6M | $261.9M | $262.2M | $255.9M | $254.7M | $263.4M | $262.1M |
| Gross margin | 70.9% | 70.4% | 69.1% | 68.2% | 67.6% | 66.9% | 64.6% | 63.2% | 63.3% | 63.5% | 65.4% | 67.1% |
| Operating income | $164.1M | $156.0M | $159.9M | $164.5M | $152.1M | $106.9M | $121.1M | $119.9M | $115.4M | $108.2M | $104.2M | $120.9M |
| Net income | $131.4M | $124.2M | $128.8M | $130.7M | $120.7M | $84.3M | $94.4M | $95.3M | $96.5M | $86.8M | $79.4M | $96.2M |
| Net margin | 28.8% | 27.6% | 27.9% | 27.6% | 26.7% | 19.5% | 23.3% | 23.0% | 23.9% | 21.6% | 19.7% | 24.6% |
| Diluted EPS | $0.95 | $0.89 | $0.92 | $0.92 | $0.85 | $0.59 | $0.70 | $0.70 | $0.71 | $0.64 | $0.59 | $0.71 |
| EBITDA | $164.1M | $156.0M | $159.9M | $164.5M | $152.1M | $106.9M | $121.1M | $119.9M | $115.4M | $108.2M | $104.2M | $120.9M |
| Operating cash flow | $105.2M | $160.9M | $138.9M | $150.6M | $89.4M | $120.0M | $136.3M | $123.6M | $61.2M | $124.4M | $186.0M | $89.6M |
| Free cash flow | $98.1M | $156.0M | $133.5M | $147.5M | $85.6M | $116.1M | $133.5M | $122.0M | $58.2M | $119.7M | $182.9M | $87.9M |
| Diluted shares | 138.4M | 140.1M | 140.2M | 142.0M | 142.4M | 142.7M | 135.0M | 135.5M | 135.3M | 135.1M | 134.4M | 134.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $277.7M | $269.0M | $247.6M | $267.5M | $326.9M | $287.1M |
| Short-term investments | $5.46B | $5.57B | $5.70B | $5.61B | $5.38B | $2.63B |
| Total debt | $532.6M | $532.2M | $531.8M | $531.4M | $551.0M | $550.6M |
| Total assets | $33.75B | $33.71B | $33.66B | $33.41B | $32.78B | $32.79B |
| Total liabilities | $28.24B | $28.22B | $28.16B | $27.96B | $27.42B | $27.47B |
| Shareholders' equity | $5.51B | $5.49B | $5.50B | $5.45B | $5.36B | $5.31B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology