United Bankshares Inc. (UBSI) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $94.41 million, or $0.69 per share. This compares with $79.39 million, or $0.59 per share, last year.
Analysts on average had expected the company to earn $0.68 per share. Analysts' estimates typically exclude special items.
United Bankshares Inc. earnings at a glance (GAAP) :
-Earnings: $94.41 Mln. vs. $79.39 Mln. last year.
-EPS: $0.69 vs. $0.59 last year.
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