10:08 AM EDT, 04/25/2024 (MT Newswires) -- United Bankshares ( UBSI ) shares dropped 4% in recent trading after the company reported Q1 earnings Thursday of $0.64 per diluted share, down from $0.73 a year earlier.

Analysts polled by Capital IQ expected $0.65.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $254.7 million, down from $267.1 million a year earlier.

Analysts surveyed by Capital IQ expected $257.6 million.

Price: 33.33, Change: -1.43, Percent Change: -4.11