First United Corporation (FUNC)

First United Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	68.11	59.98	56.87	57.63	52.54
Net Interest Income Growth	13.56%	5.46%	-1.32%	9.69%	8.23%
Non-Interest Income	0.1	19.83	14.47	18.05	20.75
Non-Interest Income Growth	-99.51%	37.02%	-19.84%	-13.01%	11.69%
Revenues Before Loan Losses	68.21	79.8	71.34	75.68	73.29
Provision for Credit Losses	2.74	2.93	1.62	-0.63	-
Revenue	65.47	76.87	69.72	76.31	73.29
Revenue Growth (YoY)	-14.83%	10.26%	-8.64%	4.12%	18.74%
Compensation Expenses	29.35	28.03	27.52	24.13	22.06
Selling, General & Admin	16.74	16.01	17.02	14.33	16.09
Other Non-Interest Expenses	7.32	5.6	5.7	4.67	9.65
Total Non-Interest Expense	53.41	49.64	50.24	43.13	47.8
Pretax Income	32.53	27.23	19.48	33.18	26.31
Provision for Income Taxes	8.02	6.66	4.42	8.13	6.54
Net Income	24.52	20.57	15.06	25.05	19.77
Net Income to Common	24.52	20.57	15.06	25.05	19.77
Net Income Growth	19.18%	36.58%	-39.88%	26.70%	42.84%
Shares Outstanding (Basic)	6	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	-0.55%	-2.40%	1.06%	-1.27%	-4.23%
EPS (Basic)	3.78	3.15	2.25	2.71	3.54
EPS (Diluted)	3.77	3.15	2.25	2.70	3.54
EPS Growth	19.68%	40.00%	-16.67%	-23.73%	79.70%
Free Cash Flow	15.41	20.36	22.12	22.97	20.02
Free Cash Flow Growth	-24.33%	-7.95%	-3.70%	14.71%	37.46%
Free Cash Flow Per Share	2.37	3.11	3.30	3.46	2.98
Dividends Per Share	0.960	0.840	0.780	0.600	0.580
Dividend Growth	14.29%	7.69%	30.00%	3.45%	11.54%
Profit Margin	37.45%	26.76%	21.60%	32.82%	26.68%
FCF Margin	23.53%	26.48%	31.72%	30.10%	27.02%
EBITDA	2.87	3.63	4.13	3.3	3.27
EBITDA Margin	4.39%	4.72%	5.92%	4.32%	4.41%
Effective Tax Rate	24.65%	24.46%	22.67%	24.51%	24.85%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q