Income Statement - UNITED BANKSHARES INC/WV (UBSI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,820.60 | 1,620.71 | 1,528.85 | 1,145.51 | 1,059.24 | 1,137.79 | 910.75 | 841.42 | 753.64 | 538.63 | 495.75 | 489.14 | 371.33 | 387.42 | 366.31 | 382.30 | 434.84 | 497.21 | 496.48 | 449.72 |
| Cost of revenue | 630.78 | 616.21 | 512.55 | 124.38 | 28.41 | 215.17 | 205.95 | 151.08 | 103.22 | 69.52 | 62.08 | 64.77 | 55.58 | 64.05 | 72.94 | 98.97 | 166.44 | 202.27 | 218.64 | 182.53 |
| Gross profit | 1,189.82 | 1,004.50 | 1,016.30 | 1,021.13 | 1,030.83 | 922.62 | 704.79 | 690.34 | 650.43 | 469.11 | 433.67 | 424.37 | 315.75 | 323.37 | 293.37 | 283.33 | 268.40 | 294.94 | 277.84 | 267.19 |
| Total operating expenses | 599.64 | 539.92 | 552.50 | 545.35 | 567.97 | 562.88 | 380.35 | 363.17 | 365.60 | 246.45 | 230.18 | 229.48 | 190.70 | 201.89 | 183.00 | 178.93 | 190.15 | 171.07 | 147.93 | 137.17 |
| Operating income | 590.18 | 464.58 | 463.81 | 475.78 | 462.85 | 359.74 | 324.44 | 327.17 | 284.83 | 222.66 | 203.49 | 194.89 | 125.04 | 121.48 | 110.38 | 104.40 | 78.25 | 123.87 | 129.91 | 130.02 |
| Non-operating income (net) | -6.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 583.40 | 464.58 | 463.81 | 475.78 | 462.85 | 359.74 | 324.44 | 327.17 | 284.83 | 222.66 | 203.49 | 194.89 | 125.04 | 121.48 | 110.38 | 104.40 | 78.25 | 123.87 | 129.91 | 130.02 |
| Income tax expense | 118.80 | 91.58 | 97.49 | 96.16 | 95.12 | 70.72 | 64.34 | 70.82 | 134.25 | 75.58 | 65.53 | 65.00 | 39.42 | 38.87 | 34.77 | 32.46 | 10.95 | 36.91 | 39.24 | 40.77 |
| Net income | 464.60 | 373.00 | 366.31 | 379.63 | 367.74 | 289.02 | 260.10 | 256.34 | 150.58 | 147.08 | 137.96 | 129.89 | 85.63 | 82.61 | 75.61 | 71.95 | 67.30 | 86.95 | 90.67 | 89.25 |
Show Quarterly Income Statement
Income Statement - UNITED BANKSHARES INC/WV (UBSI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 447.54 | 460.99 | 474.94 | 452.05 | 432.61 | 404.47 | 413.64 | 402.76 | 399.84 | 401.44 | 388.87 | 378.86 | 359.68 | 335.22 | 293.95 | 269.56 | 246.79 | 246.62 | 259.07 | 259.08 | 294.65 | 299.10 | 339.76 | 284.21 | 216.67 | 220.64 | 231.99 | 238.49 | 219.84 | 214.02 | 216.23 | 213.53 | 197.91 | 208.83 | 209.36 | 195.01 | 140.44 | 141.81 | 141.68 | 130.62 | 124.52 | 124.95 | 123.73 | 124.68 | 122.39 | 130.34 | 122.67 | 123.45 | 112.25 | 89.34 | 94.71 | 94.25 | 94.35 | 95.10 | 97.63 | 97.37 | 97.82 | 103.69 | 95.68 | 85.77 | 88.51 | 100.38 | 97.44 | 100.87 | 99.67 | 85.25 | 96.95 | 110.38 | 110.19 | 122.37 | 117.09 | 125.60 | 132.16 | 128.08 | 134.64 | 118.23 | 115.54 | 116.94 | 108.65 | 114.89 | 109.24 |
| Cost of revenue | 141.19 | 142.60 | 162.94 | 152.55 | 172.70 | 150.12 | 159.41 | 154.25 | 152.43 | 146.36 | 134.41 | 129.91 | 101.87 | 74.71 | 30.73 | 11.06 | 7.88 | 4.11 | 4.67 | 4.79 | 14.84 | 33.68 | 41.39 | 74.03 | 66.08 | 48.45 | 53.47 | 54.11 | 49.93 | 46.62 | 41.06 | 35.08 | 28.32 | 28.64 | 28.59 | 26.95 | 19.04 | 18.19 | 19.06 | 18.03 | 14.25 | 16.41 | 15.17 | 15.35 | 15.15 | 17.48 | 15.69 | 17.07 | 14.54 | 12.80 | 13.85 | 14.24 | 14.69 | 15.94 | 15.67 | 15.49 | 16.96 | 17.81 | 17.59 | 18.61 | 18.93 | 13.03 | 27.03 | 28.43 | 30.49 | 33.88 | 37.17 | 53.57 | 41.82 | 52.17 | 49.12 | 47.62 | 53.37 | 60.85 | 59.75 | 49.73 | 48.31 | 48.41 | 48.08 | 45.23 | 40.81 |
| Gross profit | 306.36 | 318.39 | 312.01 | 299.50 | 259.92 | 254.35 | 254.23 | 248.51 | 247.41 | 255.08 | 254.46 | 248.95 | 257.81 | 260.51 | 263.22 | 258.50 | 238.90 | 242.51 | 254.40 | 254.29 | 279.81 | 265.42 | 298.37 | 210.18 | 150.59 | 172.18 | 178.53 | 184.38 | 169.92 | 167.41 | 175.17 | 178.45 | 169.59 | 180.19 | 180.78 | 168.06 | 121.40 | 123.63 | 122.62 | 112.59 | 110.27 | 108.55 | 108.56 | 109.33 | 107.24 | 112.87 | 106.99 | 106.38 | 97.71 | 76.55 | 80.86 | 80.01 | 79.66 | 79.16 | 81.96 | 81.89 | 80.86 | 85.88 | 78.09 | 67.16 | 69.58 | 87.35 | 70.41 | 72.44 | 69.18 | 51.38 | 59.78 | 56.81 | 68.37 | 70.20 | 67.97 | 77.98 | 78.79 | 67.23 | 74.89 | 68.50 | 67.23 | 68.53 | 60.57 | 69.66 | 68.43 |
| Total operating expenses | 150.37 | 151.72 | 147.52 | 147.42 | 152.98 | 133.29 | 134.31 | 133.13 | 139.19 | 150.88 | 133.53 | 133.04 | 135.06 | 134.14 | 134.72 | 139.36 | 137.14 | 149.17 | 138.64 | 135.00 | 145.35 | 152.22 | 165.61 | 146.47 | 100.52 | 96.43 | 95.55 | 99.64 | 88.95 | 87.70 | 92.83 | 92.93 | 89.99 | 95.33 | 96.20 | 111.70 | 62.38 | 62.05 | 62.30 | 64.42 | 57.69 | 58.21 | 57.29 | 57.38 | 57.31 | 63.23 | 57.34 | 56.76 | 51.73 | 47.63 | 48.25 | 48.22 | 47.92 | 47.96 | 53.53 | 50.93 | 49.96 | 56.32 | 48.87 | 41.68 | 43.47 | 59.19 | 45.76 | 46.28 | 43.75 | 26.81 | 43.67 | 45.70 | 41.91 | 46.60 | 41.64 | 41.48 | 41.36 | 44.92 | 39.02 | 32.50 | 31.50 | 32.61 | 40.21 | 32.16 | 32.19 |
| Operating income | 155.99 | 166.68 | 164.48 | 152.09 | 106.93 | 121.06 | 119.92 | 115.39 | 108.22 | 104.20 | 120.94 | 115.91 | 122.76 | 126.37 | 128.50 | 119.14 | 101.76 | 93.34 | 115.76 | 119.29 | 134.46 | 113.20 | 132.76 | 63.71 | 50.07 | 75.76 | 82.98 | 84.74 | 80.97 | 79.71 | 82.34 | 85.52 | 79.61 | 84.87 | 84.57 | 56.36 | 59.03 | 61.58 | 60.33 | 48.17 | 52.59 | 50.34 | 51.26 | 51.95 | 49.93 | 49.64 | 49.64 | 49.62 | 45.98 | 28.91 | 32.60 | 31.80 | 31.73 | 31.20 | 28.43 | 30.95 | 30.90 | 29.57 | 29.22 | 25.48 | 26.11 | 28.16 | 24.65 | 26.16 | 25.43 | 24.57 | 16.11 | 11.11 | 26.47 | 23.60 | 26.33 | 36.51 | 37.43 | 22.31 | 35.87 | 36.00 | 35.73 | 35.92 | 20.36 | 37.49 | 36.25 |
| Non-operating income (net) | 0.00 | -6.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 155.99 | 159.90 | 164.48 | 152.09 | 106.93 | 121.06 | 119.92 | 115.39 | 108.22 | 104.20 | 120.94 | 115.91 | 122.76 | 126.37 | 128.50 | 119.14 | 101.76 | 93.34 | 115.76 | 119.29 | 134.46 | 113.20 | 132.76 | 63.71 | 50.07 | 75.76 | 82.98 | 84.74 | 80.97 | 79.71 | 82.34 | 85.52 | 79.61 | 84.87 | 84.57 | 56.36 | 59.03 | 61.58 | 60.33 | 48.17 | 52.59 | 50.34 | 51.26 | 51.95 | 49.93 | 49.64 | 49.64 | 49.62 | 45.98 | 28.91 | 32.60 | 31.80 | 31.73 | 31.20 | 28.43 | 30.95 | 30.90 | 29.57 | 29.22 | 25.48 | 26.11 | 28.16 | 24.65 | 26.16 | 25.43 | 24.57 | 16.11 | 11.11 | 26.47 | 23.60 | 26.33 | 36.51 | 37.43 | 22.31 | 35.87 | 36.00 | 35.73 | 35.92 | 20.36 | 37.49 | 36.25 |
| Income tax expense | 31.79 | 31.07 | 33.74 | 31.37 | 22.63 | 26.65 | 24.65 | 18.88 | 21.41 | 24.81 | 24.78 | 23.45 | 24.45 | 26.61 | 25.92 | 23.53 | 20.10 | 19.49 | 23.60 | 24.46 | 27.57 | 20.83 | 28.97 | 11.02 | 9.89 | 12.47 | 17.01 | 17.53 | 17.33 | 15.76 | 17.93 | 19.24 | 17.90 | 66.89 | 27.84 | 19.30 | 20.22 | 22.47 | 18.85 | 16.38 | 17.88 | 16.86 | 16.22 | 17.15 | 15.30 | 16.38 | 16.38 | 16.38 | 15.86 | 9.25 | 10.43 | 9.58 | 10.16 | 9.98 | 9.10 | 9.91 | 9.89 | 9.31 | 9.20 | 8.03 | 8.22 | 8.87 | 7.34 | 8.24 | 8.01 | 7.13 | 4.04 | 2.95 | -3.17 | 7.08 | 6.74 | 11.36 | 11.73 | 6.36 | 10.06 | 11.49 | 11.33 | 10.90 | 6.19 | 12.04 | 11.64 |
| Net income | 124.20 | 128.83 | 130.75 | 120.72 | 84.31 | 94.41 | 95.27 | 96.51 | 86.81 | 79.39 | 96.16 | 92.46 | 98.31 | 99.77 | 102.59 | 95.61 | 81.66 | 73.85 | 92.15 | 94.84 | 106.90 | 92.37 | 103.78 | 52.69 | 40.18 | 63.29 | 65.97 | 67.21 | 63.64 | 63.95 | 64.41 | 66.27 | 61.71 | 17.98 | 56.74 | 37.06 | 38.81 | 39.11 | 41.48 | 31.79 | 34.71 | 33.48 | 35.05 | 34.81 | 34.63 | 33.26 | 33.26 | 33.25 | 30.12 | 19.66 | 22.17 | 22.22 | 21.58 | 21.21 | 19.33 | 21.05 | 21.01 | 20.26 | 20.02 | 17.45 | 17.89 | 19.29 | 17.32 | 17.92 | 17.42 | 17.44 | 12.07 | 8.16 | 29.63 | 16.52 | 19.59 | 25.15 | 25.70 | 15.95 | 25.80 | 24.51 | 24.41 | 25.02 | 14.17 | 25.46 | 24.61 |