United Bankshares (UBSI) reported Q1 net income Thursday of $0.59 per diluted share, down from $0.64 a year earlier.

Analysts polled by FactSet expected $0.53.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $289.6 million, up from $254.7 million a year earlier.

Four analysts surveyed by FactSet expected $278.8 million.

Shares were 1.5% higher in recent premarket activity.