CHARLESTON, W.Va. (AP) — CHARLESTON, W.Va. (AP) — United Bankshares Inc. (UBSI) on Thursday reported first-quarter net income of $124.2 million.

The Charleston, West Virginia-based bank said it had earnings of 89 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The holding company for United Bank posted revenue of $450 million in the period. Its revenue net of interest expense was $317.4 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $315.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBSI at https://www.zacks.com/ap/UBSI