United Bankshares (UBSI) Q1 Earnings Miss Estimates

Group 1: Earnings Performance - United Bankshares (UBSI) reported quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.66 per share, and down from $0.64 per share a year ago, representing an earnings surprise of -10.61% [1] - The company posted revenues of $290.39 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.15%, compared to year-ago revenues of $255.57 million [2] - Over the last four quarters, United Bankshares has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - United Bankshares shares have lost about 8.2% since the beginning of the year, compared to the S&P 500's decline of -8.6% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimate for the coming quarter at $0.71 on $290.8 million in revenues, and $2.83 on $1.18 billion in revenues for the current fiscal year [7] - The estimate revisions trend for United Bankshares is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Zacks Industry Rank for Banks - Southeast is currently in the top 25% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Another stock in the same industry, National Bankshares (NKSH), is expected to report quarterly earnings of $0.52 per share, reflecting a year-over-year change of +40.5% [9]