United Bankshares (UBSI)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
$46.90-0.78%
Close 2026-09-09 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Primary pillar under pressure — Total revenue grows at least 5% in 2026: FY26 rev +4.5% vs 5% target.
United Bankshares grows revenue about 7% a year. Net interest income rises to $1.15 billion in 2026. Provision expenses fall to $36 million, showing good cost control. The bank trades cheap versus peers with a low risk profile.
Revenue could decline sharply as analysts expect about -14% growth. Profit margins may shrink if provision expenses rise. The bank faces pressure from a tough banking environment and low growth.
The price is about 1% below our fair value near $46. Analysts expect revenue to fall about 14%, which is more pessimistic than our view of stable growth. Our fair value is 5% below the Street median, reflecting a cautious stance.
Breaks if: net interest income falls below $1.09 billion in FY26
Breaks if: provision expense rises above $48 million in FY26
Breaks if: revenue growth falls below 0% in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable financial institution with a focus on increasing net interest income and disciplined capital management. The current thesis state is intact, supported by recent earnings beats and a share buyback announcement.
The market appears to price UBSI as cheap compared to its peers, with a low expectations gap. There is a justified valuation, indicating that the current price reflects a reasonable assessment of the company's fundamentals.
Management is on track with increasing net interest income and maintaining disciplined capital allocation. However, they are behind on managing provision expenses, which could impact future performance.
The long-term thesis hinges on sector performance, particularly the earnings guidance of major financial peers like HDB, IBN, and PNC. Any negative guidance from these companies could adversely affect UBSI, while positive results could enhance its momentum.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improvement. The company announced a share buyback, reinforcing its capital management strategy. There are no new threats to the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Overall, UBSI shows stable fundamentals with a focus on growth, but remains sensitive to sector dynamics. Not investment advice.