United Bankshares Q4 Profit Declines - Quick Facts

(RTTNews) - United Bankshares, Inc. (UBSI) reported that its fourth-quarter net income decreased to $19.66 million or $0.39 per share, from $21.21 million or $0.42 per share, last year.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.44 for the quarter. Analysts' estimates typically exclude special items.

Taxable equivalent net interest income decreased to $70.66 million, from $71.30 million, last year. Net interest income was $69.19 million, compared to $69.67 million, prior year. Noninterest income was $12.05 million, compared to $16.75 million, last year. Analysts expected revenue of $90.00 million for the quarter.