United Bankshares (UBSI) Tax Provisions (2009 - 2026)
United Bankshares (UBSI) posted quarterly Tax Provisions of $31.8 million for Q1 2026, up 40.49% year-over-year from $22.6 million in Q1 2025, and up 2.32% quarter-over-quarter from $31.1 million in Q4 2025.
United Bankshares (UBSI) Tax Provisions (2009 - 2026) Analysis & Trends
United Bankshares (UBSI) has reported Tax Provisions for 18 consecutive years, with $31.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 40.49% year-over-year to $31.8 million; the TTM figure through Mar 2026 stood at $128.0 million (up 37.88% YoY), while the FY2025 annual figure was $118.8 million, up 29.72% from the prior year.
- Tax Provisions rose to $31.8 million in Q1 2026 per UBSI's latest filing, from $31.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $33.7 million in Q3 2025 and bottomed at $18.9 million in Q2 2024.
- Historically, Tax Provisions has averaged $25.6 million across 5 years, with a median of $24.8 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions decreased 27.09% — and 2025, when it jumped 66.16%.
- United Bankshares' Tax Provisions stood at $26.6 million in 2022, then retreated by 6.75% to $24.8 million in 2023, then rose by 7.41% to $26.7 million in 2024, then gained by 16.57% to $31.1 million in 2025, then advanced by 2.32% to $31.8 million in 2026.
- Business Quant data shows UBSI's Tax Provisions at $31.8 million in Q1 2026, $31.1 million in Q4 2025, and $33.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | United Bankshares | 6.60 Bn | 4.48 Bn | - | 32.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.77 Mn |
| Mar 31, 2026 | 31.79 Mn |
| Dec 31, 2025 | 31.07 Mn |
| Sep 30, 2025 | 33.74 Mn |
| Jun 30, 2025 | 31.37 Mn |
| Mar 31, 2025 | 22.63 Mn |
| Dec 31, 2024 | 26.65 Mn |
| Sep 30, 2024 | 24.65 Mn |
| Jun 30, 2024 | 18.88 Mn |
| Mar 31, 2024 | 21.41 Mn |
| Dec 31, 2023 | 24.81 Mn |
| Sep 30, 2023 | 24.78 Mn |
| Jun 30, 2023 | 23.45 Mn |
| Mar 31, 2023 | 24.45 Mn |
| Dec 31, 2022 | 26.61 Mn |
| Sep 30, 2022 | 25.92 Mn |
| Jun 30, 2022 | 23.53 Mn |
| Mar 31, 2022 | 20.10 Mn |
| Dec 31, 2021 | 19.49 Mn |
| Sep 30, 2021 | 23.60 Mn |