United Bankshares, Inc. Announces Earnings for the Third Quarter and First Nine Months of 2023
Net interest income for the third quarter of 2023 increased $992 thousand, or less than 1%, from the second quarter of 2023.
- Net interest income for the third quarter of 2023 increased $992 thousand, or less than 1%, from the second quarter of 2023.
- Noninterest income for the third quarter of 2023 decreased $1.5 million, or 4%, from the second quarter of 2023.
- Noninterest expense for the third quarter of 2023 decreased $58 thousand, or less than 1%, from the second quarter of 2023.
- United’s effective tax rate was 20.5% and 20.2% for the third quarter of 2023 and second quarter of 2023, respectively.