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United Bankshares reports first-quarter earnings down 3%, but records net interest income rise by 12%.
United Bankshares Inc., parent of United Bank, reported first-quarter 2025 earnings of $84.3 million, a 3% decrease from 2024 and a 12% drop from the fourth quarter of 2024, due to the completion of the Piedmont Bancorp, Inc. acquisition.
Despite this, the company achieved record net interest income of $260.1 million, up 12% from the prior quarter.
United Bankshares is the 41st largest U.S. banking company, with 240 offices across 10 states.
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United Bankshares informa que las ganancias del primer trimestre bajaron un 3%, pero registra un aumento de los ingresos netos por intereses del 12%.