First United Corporation (FUNC)

First United Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	69.09	69.72	76.31	74.11	61.72	61.85
Revenue Growth (YoY)	-9.66%	-8.64%	2.97%	20.07%	-0.21%	8.06%
Gross Profit	69.09	69.72	76.31	74.11	61.72	61.85
Selling, General & Admin	49.93	49.64	41.77	41.12	42.93	42.99
Other Operating Expenses	0.55	0.61	1.36	6.68	1	2.4
Operating Expenses	50.49	50.24	43.13	47.8	43.93	45.39
Operating Income	18.61	19.48	33.18	26.31	17.79	16.47
Pretax Income	18.61	19.48	33.18	26.31	17.79	16.47
Income Tax	4.22	4.42	8.13	6.54	3.95	3.34
Net Income	14.38	15.06	25.05	19.77	13.84	13.13
Net Income Growth	-39.33%	-39.88%	26.70%	42.84%	5.42%	23.08%
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change	-0.63%	0.60%	-0.83%	-4.22%	-1.24%	0.31%
EPS (Basic)	2.15	2.25	3.77	2.95	1.98	1.85
EPS (Diluted)	2.16	2.25	3.76	2.95	1.97	1.85
EPS Growth	-39.15%	-40.16%	27.46%	49.75%	6.49%	22.52%
Free Cash Flow	22.26	22.13	23.25	18.93	14.57	12.42
Free Cash Flow Per Share	3.35	3.31	3.50	2.82	2.08	1.75
Dividend Per Share	0.800	0.780	0.600	0.580	0.520	0.400
Dividend Growth	26.98%	30.00%	3.45%	11.54%	30.00%	48.15%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	26.93%	27.93%	43.48%	35.50%	28.82%	26.62%
Profit Margin	20.82%	21.60%	32.82%	26.68%	22.42%	21.23%
Free Cash Flow Margin	32.21%	31.74%	30.47%	25.55%	23.60%	20.07%
Effective Tax Rate	22.70%	22.67%	24.51%	24.85%	22.19%	20.26%
EBITDA	23.91	24.39	36.83	29.74	21.34	19.86
EBITDA Margin	34.61%	34.99%	48.26%	40.13%	34.58%	32.10%
Depreciation & Amortization	5.3	4.92	3.65	3.43	3.55	3.39
EBIT	18.61	19.48	33.18	26.31	17.79	16.47
EBIT Margin	26.93%	27.93%	43.48%	35.50%	28.82%	26.62%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).