Filing Flows › United Bankshares (UBSI) › Q3 2026
United Bankshares (UBSI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
United Bankshares (UBSI) reported revenue of $325M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +0.4% from the quarter before. Operating margin was 49.9%, net earnings $129M (39.6% of revenue).
United Bankshares, Q3 2026: revenue $325M (+0.5% year over year), operating margin 49.9%, net earnings $129M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $325M | +0.4% | +0.5% |
| Operating profit | $162M | -1% | -1% |
| Net earnings | $129M | -2% | -2% |
| Operating cash flow | $168M | +60% | +11% |
| Free cash flow | $163M | +66% | +11% |
What changed
Revenue was $325.1M in Q3 2026, up 1% year over year and roughly flat from the previous quarter. Net interest income was the largest line at 91% of revenue. Net interest income added $14.1M year over year (up 5%), 795% of the total change. Noninterest income declined 29%.
Operating profit was $162.1M, a 49.9% margin (down 1.0 points year over year). Operating profit fell $2.3M even though revenue rose $1.8M versus a year earlier, so costs grew faster than sales. Total costs grew 3% against revenue growth of 1%. Net earnings were $128.7M, down 2% year over year. The effective tax rate was 20.6%.
Operating cash flow was $167.7M (up 11% year over year), 130% of net earnings. Non-cash charges added back $3.9M of share-based compensation. Working capital and other items added $35.2M. Capital expenditures of $5.1M left free cash flow of $162.7M.
Questions
What was United Bankshares' revenue in the third quarter 2026?
United Bankshares (UBSI) reported revenue of $325M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +0.4% from the quarter before.
Was United Bankshares profitable in the third quarter 2026?
Operating profit was $162M (49.9% of revenue) and net earnings $129M.
Source: United Bankshares 10-Q on SEC EDGAR.