United Bankshares (UBSI)

NASDAQFinancialsBanks - RegionalSnapshot 2026-10-23

$48.67+0.43%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge United Bankshares’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	331.28M
EPS	—	0.955
Quarter ending 2027-03-31
Revenue	—	330M
EPS	—	0.938
Annual ending 2026-12-31
Revenue	—	1.3B
EPS	—	3.725
Annual ending 2027-12-31
Revenue	—	1.35B
EPS	—	3.912

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Net interest income reaches at least $1.15 billion in 2026	Net interest income rises to $1.15 billion in 2026.	Intact	net interest income falls below $1.09 billion in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Provision expense stays at or below $36 million in 2026	Provision expenses fall to $36 million, showing good cost control.	Under Pressure	provision expense rises above $48 million in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Total revenue grows at least 5% in 2026	A primary condition in United Bankshares's published investment case. The stated target is >= 5% YoY.	Under Pressure	revenue growth falls below 0% in FY26	Revenue: $418.197M FY2026-Q2; GAAP. Published target: >= 5% YoY. Target and observation units differ. Source published Aug 7, 2026418,197,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 8745afdd-2c82-4868-837f-c70863dae0b4. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$3.91

$3.81 → $3.91 · observed estimates

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$3.81	Unavailable	6 / 3
2026-07-25	$3.82	Unavailable	6 / 3
2026-07-26	$3.82	Unavailable	6 / 3
2026-07-27	$3.83	Unavailable	6 / 3
2026-07-28	$3.83	Unavailable	6 / 3
2026-07-29	$3.83	Unavailable	5 / 2
2026-07-30	$3.86	Unavailable	6 / 3
2026-07-31	$3.86	Unavailable	6 / 3
2026-08-01	$3.86	Unavailable	5 / 2
2026-08-02	$3.86	Unavailable	6 / 3
2026-08-03	$3.86	Unavailable	6 / 3
2026-08-04	$3.86	Unavailable	5 / 2
2026-08-05	$3.86	Unavailable	6 / 3
2026-08-06	$3.86	Unavailable	5 / 2
2026-08-08	$3.86	Unavailable	5 / 2
2026-08-09	$3.86	Unavailable	6 / 3
2026-08-10	$3.86	Unavailable	5 / 2
2026-08-12	$3.86	Unavailable	6 / 3
2026-08-13	$3.86	Unavailable	5 / 2
2026-08-14	$3.86	Unavailable	5 / 2
2026-08-15	$3.86	Unavailable	5 / 2
2026-08-16	$3.86	Unavailable	5 / 2
2026-08-17	$3.86	Unavailable	5 / 2
2026-08-18	$3.86	Unavailable	5 / 2
2026-08-19	$3.86	Unavailable	5 / 2
2026-08-20	Unavailable	Unavailable	4 / 2
2026-08-21	Unavailable	Unavailable	4 / 2
2026-08-22	Unavailable	Unavailable	4 / 2
2026-08-23	Unavailable	Unavailable	4 / 2
2026-08-24	Unavailable	Unavailable	4 / 2
2026-08-25	Unavailable	Unavailable	4 / 2
2026-08-26	Unavailable	Unavailable	4 / 2
2026-08-27	Unavailable	Unavailable	4 / 2
2026-08-28	Unavailable	Unavailable	4 / 2
2026-08-29	Unavailable	Unavailable	4 / 2
2026-08-30	Unavailable	Unavailable	4 / 2
2026-08-31	Unavailable	Unavailable	4 / 2
2026-09-01	Unavailable	Unavailable	4 / 2
2026-09-02	Unavailable	Unavailable	4 / 2
2026-09-03	Unavailable	Unavailable	4 / 2
2026-09-04	Unavailable	Unavailable	4 / 2
2026-09-05	Unavailable	Unavailable	4 / 2
2026-09-06	Unavailable	Unavailable	4 / 2
2026-09-07	Unavailable	Unavailable	4 / 2
2026-09-08	Unavailable	Unavailable	4 / 2
2026-09-09	Unavailable	Unavailable	4 / 2
2026-09-10	Unavailable	Unavailable	4 / 2
2026-09-11	Unavailable	Unavailable	4 / 2
2026-09-12	Unavailable	Unavailable	4 / 2
2026-09-13	Unavailable	Unavailable	4 / 2
2026-09-14	Unavailable	Unavailable	4 / 2
2026-09-15	Unavailable	Unavailable	4 / 2
2026-09-16	Unavailable	Unavailable	4 / 2
2026-09-17	Unavailable	Unavailable	4 / 2
2026-09-18	Unavailable	Unavailable	4 / 2
2026-09-19	Unavailable	Unavailable	4 / 2
2026-09-20	Unavailable	Unavailable	4 / 2
2026-09-21	Unavailable	Unavailable	4 / 2
2026-09-22	Unavailable	Unavailable	4 / 2
2026-09-23	Unavailable	Unavailable	4 / 2
2026-09-24	Unavailable	Unavailable	4 / 2
2026-09-25	$3.87	Unavailable	5 / 2
2026-09-26	$3.87	Unavailable	5 / 2
2026-09-27	$3.87	Unavailable	5 / 3
2026-09-28	$3.87	Unavailable	5 / 3
2026-09-29	$3.87	Unavailable	5 / 3
2026-09-30	$3.87	Unavailable	5 / 3
2026-10-01	$3.87	Unavailable	5 / 3
2026-10-02	$3.87	Unavailable	5 / 3
2026-10-03	$3.87	Unavailable	5 / 3
2026-10-04	$3.87	Unavailable	5 / 3
2026-10-05	$3.87	Unavailable	5 / 3
2026-10-06	$3.87	Unavailable	5 / 3
2026-10-07	$3.87	Unavailable	5 / 3
2026-10-08	$3.87	Unavailable	5 / 3
2026-10-09	$3.87	Unavailable	5 / 3
2026-10-10	$3.87	Unavailable	5 / 3
2026-10-11	$3.87	Unavailable	5 / 3
2026-10-12	$3.87	Unavailable	5 / 3
2026-10-13	$3.87	Unavailable	5 / 3
2026-10-14	$3.87	Unavailable	5 / 3
2026-10-15	$3.87	Unavailable	5 / 3
2026-10-16	$3.87	Unavailable	5 / 3
2026-10-17	$3.87	Unavailable	5 / 3
2026-10-18	$3.87	Unavailable	5 / 3
2026-10-19	$3.87	Unavailable	5 / 3
2026-10-20	$3.87	Unavailable	5 / 3
2026-10-21	$3.87	Unavailable	5 / 3
2026-10-22	$3.87	Unavailable	5 / 3
2026-10-23	$3.90	Unavailable	5 / 3
2026-10-24	$3.91	Unavailable	5 / 2

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	2	3
2026-06-01	2	4
2026-07-01	2	4
2026-08-01	2	4
2026-09-01	2	4
2026-10-01	2	4

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 2 Buy / Strong Buy · 4 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Net interest income reaches at least $1.15 billion in 2026Direct metric needs a verified mapping
Provision expense stays at or below $36 million in 2026Published status: Under Pressure
Total revenue grows at least 5% in 2026Published status: Under Pressure

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.8%Typical daily move · historical

Downside history

-13.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

United Bankshares outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

UBSI is a steady regional banking business, with a multi-year view that depends on loan growth and interest income rather than a major turnaround. The thesis remains intact, but its signal has shifted from mildly favorable to mixed after recent earnings.

What's priced into United Bankshares

Valuation is tagged as stretched, while its premium versus peers is neutral and the expectations gap is modestly positive. This suggests the market has some favorable expectations, but the evidence does not point to extreme fragility.

What the fundamentals likely do

Near-term results may be uneven: UBSI reported an earnings miss, and the watch assessment notes a run of consecutive misses across the company and peers. Over the multi-year view, net interest income rose 5% from the third quarter of 2025 and net interest margin improved to 3.86% from 3.80%, while noninterest expense rose 7%, including higher employee compensation.

What United Bankshares hinges on

The thesis hinges on continued loan growth and net interest income, alongside better expense control. A guidance cut or Fed rate cuts would be unfavorable under the supplied scenarios, while stronger earnings and guidance from financial-sector bellwethers could support sector momentum.