Fairfax, VA · Cert 22858 · United Bankshares Inc.
State charter, Fed member · FED · 235 branches
Q2 2026
Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2026 SOD (annual) · 3.7% share · #6 of 71 inst. · $11.0B of $301.4B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.33% | 1.34% | 1.18% | 1.39% | 1.45% | 1.50% | 1.50% | 1.56% | +16 bps | |
| Return on Equity | 8.14% | 8.15% | 7.11% | 8.38% | 8.76% | 9.02% | 9.02% | 9.36% | +98 bps | |
| Net Interest Margin | 3.33% | 3.30% | 3.50% | 3.55% | 3.56% | 3.55% | 3.62% | 3.63% | +7 bps | |
| Efficiency Ratio | 50.85% | 50.23% | 49.45% | 47.28% | 46.56% | 45.99% | 46.73% | 45.77% | -151 bps | |
| Non-Interest Burden | 1.39% | 1.36% | 1.47% | 1.41% | 1.39% | 1.37% | 1.41% | 1.36% | -5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.10% | 0.25% | 9.19% | 9.41% | 11.84% | 12.10% | 2.81% | 2.93% | -648 bps | |
| Loan Growth (YoY) | 2.42% | 1.41% | 10.79% | 11.18% | 13.27% | 13.92% | 4.19% | 3.91% | -727 bps | |
| Deposit Growth (YoY) | 4.99% | 4.99% | 14.84% | 13.92% | 12.51% | 12.54% | 2.68% | 2.97% | -1,095 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.30% | 0.34% | 0.29% | 0.28% | 0.48% | 0.41% | 0.41% | 0.44% | +16 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.06% | 0.13% | 0.14% | 0.20% | 0.18% | 0.09% | 0.09% | -5 bps | |
| Allowance / Loans | 1.25% | 1.25% | 1.30% | 1.28% | 1.22% | 1.20% | 1.20% | 1.20% | -8 bps | |
| Allowance Coverage of NPLs | 4.2x | 3.7x | 4.4x | 4.5x | 2.6x | 2.9x | 2.9x | 2.7x | -1.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.85% | 11.83% | 11.53% | 11.57% | 11.55% | 11.53% | 11.54% | 11.60% | +3 bps | |
| Total Risk-Based Capital | 15.11% | 15.43% | 14.77% | 14.95% | 14.85% | 14.95% | 14.84% | 14.91% | -4 bps | |
| Equity / Assets | 16.81% | 16.79% | 16.47% | 16.66% | 16.56% | 16.63% | 16.63% | 16.69% | +3 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.02% | 89.69% | 89.84% | 90.73% | 90.63% | 90.79% | 91.17% | 91.56% | +83 bps | |
| Liquid Assets / Assets | 5.48% | 6.85% | 7.10% | 6.08% | 6.76% | 6.84% | 6.05% | 5.36% | -72 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 393% | 385% | 387% | n/a | n/a | |