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United Bankshares, Inc. Announces Increased Earnings for the Fourth Quarter and Year of 2016
WASHINGTON, D.C. and CHARLESTON, WV-- United Bankshares, Inc. (NASDAQ: UBSI), today reported earnings for the fourth quarter and year of 2016. Earnings for the fourth quarter of 2016 were $39.1 million or $0.51 per diluted share, an increase from earnings of $33.5 million or $0.48 per diluted share for the fourth quarter of 2015. Earnings for the year of 2016 were $147.1 million or $1.99 per diluted share, up from earnings of $138.0 million or $1.98 per diluted share for the year of 2015.
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