United Bankshares and Huntington Bancshares report third-quarter results

United Bankshares Inc. reported a third-quarter profit of $128.7 million, with earnings of $0.94 per diluted share. The company achieved a record net interest income of $294.251 million, representing a 5% increase from the previous year. CEO Richard M. Adams Jr. attributed the earnings to strong organic growth and an expanding net interest margin, which rose to 3.86%.

Huntington Bancshares reported third-quarter revenue that fell below consensus estimates, though earnings per share remained within expected ranges. CEO Stephen Steinour maintained confidence in the company’s long-term growth targets, emphasizing strategic integration of Cadence and Veritex partnerships alongside disciplined pricing and credit risk management.