City Holding Company, shown in this undated file photo, is the parent company of City National Bank of West Virginia and has its corporate offices in Cross Lanes. City National Bank operates 97 branches across West Virginia, Kentucky, Ohio and Virginia.
A branch of United Bank located in Huntington is pictured in this undated file photo.
FILE PHOTO | HD Media
United Bankshares Inc., the parent company of United Bank, on Thursday reported record net income in 2025.
The company earned $464.6 million last compared to $373.0 million in 2024. Fourth-quarter 2025 net income was $128.8 million, up from $94.4 million in the final quarter of 2024.
“Our financial performance in 2025 was among the very best in our Company’s long history,†stated Richard M. Adams Jr., United’s CEO. “We delivered record earnings, strong profitability, resilient credit, and robust capital and liquidity. Underpinning these results was our continued success driving high quality organic growth. As we look to the new year, we remain committed to our mission of excellence in service to our shareholders, customers, communities, and employees.â€
United Bankshares is a financial services company with consolidated assets of approximately $34 billion as of Dec. 31, 2025. United is the 41st largest banking company in the U.S. based on market capitalization. United Bank has more than 240 offices in West Virginia, Ohio; Washington, D.C.; Virginia, Maryland, North Carolina, South Carolina, Pennsylvania and Georgia.
City Holding Company, shown in this undated file photo, is the parent company of City National Bank of West Virginia and has its corporate offices in Cross Lanes. City National Bank operates 97 branches across West Virginia, Kentucky, Ohio and Virginia.
City Holding Co., the parent company of City National Bank of West Virginia, on Wednesday reported record net income in 2025. The company earned $130.5 million last year compared with $117.1 million in 2024.
City Holding reported earning $31.57 million in the fourth quarter of 2025, up from $30.34 million in the same quarter of 2024.
“City’s financial performance in 2025 speaks for itself, but undergirding that financial performance, and less well known outside of City’s branch footprint, is a long track record of documented levels of exceptional customer service; community engagement; and strong employee morale,†Charles Hageboeck, City’s president and CEO, said in the earnings release.
“Fifty years ago, there were over 14,000 banks. Today there are less than 4,000. Historically, community banks focused on customers, communities, and employees. Today, there are more large banks, and their primary focus seems to be getting bigger rather than getting better. Our view at City is that focusing on growth for the sake of growth is a recipe for bureaucracy and mediocrity.
"City’s profitability is among the best in the nation, and our stock price relative to book value is one of the highest in the nation. I believe that this is specifically because our focus is on growing our customer base, engaging within our communities, and striving to be a good employer. That is what I think any good community bank should be doing and is our current focus and strategy.â€
City National operates 96 branches across West Virginia, Kentucky, Virginia and Ohio.Â
