United Bankshares Inc. reported record earnings for the third quarter of 2025, with net income of $130.7 million. Annualized returns on average assets, average equity, and average tangible equity for the quarter were 1.57%, 9.58%, and 15.45%, respectively. Noninterest income for the third quarter was $43.2 million, up $11.3 million, or 35%, from the same period in 2024. The increase was primarily due to net gains on investment securities of $10.4 million, compared to net losses of $6.7 million in the third quarter of 2024. Fees from brokerage services increased by $1.2 million. These increases were partially offset by a $7.4 million decrease in mortgage loan servicing income and a $2.0 million decrease in income from mortgage banking activities. For the first nine months of 2025, noninterest income totaled $104.2 million, an increase of $9.8 million, or 10%, compared to the first nine months of 2024. The rise was mainly driven by net gains on investment securities of $11.4 million, compared to net losses of $7.0 million in the same period last year. Income from bank-owned life insurance increased by $2.4 million, fees from brokerage services rose by $1.5 million, and fees from deposit services increased by $1.4 million. These gains were partially offset by a $9.0 million decrease in mortgage loan servicing income and a $6.2 million decrease in income from mortgage banking activities. As of September 30, 2025, United Bankshares Inc. reported an estimated risk-based capital ratio of 15.7%, Common Equity Tier 1 capital and Tier 1 capital ratios of 13.4%, and a leverage ratio of 11.3%.