United Bankshares (NASDAQ: UBSI) reported a modest insider purchase by director Rice Lacy I III and concurrently disclosed results that included record net interest income and stronger-than-expected earnings for the period ending 2025.
Per a Form 4 filed with the Securities and Exchange Commission, Rice bought 101 shares of United Bankshares common stock on January 28, 2026, at a per-share price of $41.5942, producing a total transaction value of $4,201. After the purchase, Rice directly holds 36,966.1057 shares of the company, a figure that the filing notes includes additional shares acquired through the Dividend Reinvestment Plan. The filing also states that Rice indirectly owns 101 shares through immediate family.
United Bankshares released fourth-quarter results showing net income of $128.8 million, or $0.91 per diluted share, topping analyst estimates of $0.86 per share. The quarter produced record net interest income of $287.5 million, representing a 3% increase from the prior quarter.
For the full year 2025, United Bankshares reported record annual earnings of $464.6 million, or $3.27 per diluted share. The company disclosed annualized returns on average assets of 1.52%, average equity of 9.31%, and average tangible equity of 14.86%.
Following the results, Stephens adjusted its price target on United Bankshares to $44.00 from $40.00 while retaining an Equal Weight rating. Stephens noted the company’s earnings per share of $0.92 as a factor that exceeded the consensus estimate. The firm also pointed to improved asset-quality metrics, including a $0.01 reserve release, as contributing to the company’s financial performance.
These disclosures - the Form 4 purchase by a board director and the company’s financial metrics and analyst response - were made public in regulatory filings and company reporting. The transaction and results present contemporaneous data points about insider ownership and recent company performance.