United Bankshares (UBSI) Tops Q1 EPS by 1c

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United Bankshares, Inc. Announces Increase in Earnings

April 28, 2015 7:50 AM EDT

WASHINGTON & CHARLESTON, W. Va.--(BUSINESS WIRE)-- United Bankshares, Inc. (NASDAQ: UBSI), today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter of 2014.

Uniteds first quarter of 2015 results produced an annualized return on average assets of 1.16% and an annualized... More