Earnings summaries and quarterly performance for FIRST UNITED CORP/MD/.
Executive leadership at FIRST UNITED CORP/MD/.
Board of directors at FIRST UNITED CORP/MD/.
BE
Beth E. Moran
Detailed
Director
BR
Brian R. Boal
Detailed
Independent Lead Director
CM
Christy M. DiPietro
Detailed
Director
HA
H. Andrew Walls, III
Detailed
Director
IR
I. Robert Rudy
Detailed
Director
JF
John F. Barr
Detailed
Director
KR
Kevin R. Hessler
Detailed
Director
PA
Patricia A. Milon
Detailed
Director
SB
Sanu B. Chadha
Detailed
Director
Research analysts covering FIRST UNITED CORP/MD/.
Recent press releases and 8-K filings for FUNC.
First United Corporation Announces Q4 and Full Year 2025 Financial Results
FUNC
Earnings
CEO Change
Dividends
- First United Corporation reported GAAP net income of $24.5 million or $3.77 per diluted share for the full year 2025, and $5.8 million or $0.89 per diluted share for the fourth quarter of 2025.
- Non-GAAP net income for the full year 2025 was $25.8 million or $3.97 per diluted share, and $7.2 million or $1.10 per diluted share for the fourth quarter of 2025.
- The net interest margin (non-GAAP, FTE) for Q4 2025 was 3.75%, reflecting increased loan yields and stable funding costs. The non-GAAP efficiency ratio for the twelve months of 2025 improved to 58.19%.
- Operating expenses in Q4 2025 increased by $1.9 million compared to the prior quarter, primarily due to a $1.6 million write-down on an other real estate owned (OREO) property. Jason B. Rush was also appointed President and Chief Executive Officer.
2 days ago
First United Corporation Announces Fourth Quarter and Full Year 2025 Financial Results
FUNC
Earnings
Dividends
Management Change
- First United Corporation reported GAAP net income of $24.5 million, or $3.77 per diluted share, for the full year 2025, an increase from $20.6 million, or $3.15 per diluted share, in 2024.
- For the fourth quarter of 2025, GAAP net income was $5.8 million, or $0.89 per diluted share, while non-GAAP net income was $7.2 million, or $1.10 per diluted share.
- The company achieved a record year of core earnings in 2025, driven by a strong net interest margin and robust loan and deposit production.
- Total assets grew to $2.1 billion, gross loans increased to $1.5 billion, and total deposits rose to $1.7 billion at December 31, 2025, reflecting significant growth since December 31, 2024.
- Jason B. Rush was appointed President and Chief Executive Officer, and a cash dividend of $0.26 per share was declared in the fourth quarter.
2 days ago
First United Corporation Announces Strong Third Quarter 2025 Financial Results
FUNC
Earnings
Dividends
Revenue Acceleration/Inflection
- First United Corporation reported net income of $6.9 million for the third quarter of 2025, or $1.07 per diluted common share, an increase from $5.8 million, or $0.89 per diluted common share, in the third quarter of 2024.
- For the first nine months of 2025, net income was $18.7 million, or $2.88 per diluted common share, compared to $14.4 million, or $2.19 per diluted common share, for the same period in 2024.
- The company's net interest margin (non-GAAP, FTE) was 3.69% for the third quarter of 2025, reflecting increased loan yields and stable funding costs.
- As of September 30, 2025, total assets were $2.0 billion, representing a $51.0 million increase since December 31, 2024, with total deposits increasing by $104.1 million in the same period.
- A cash dividend of $0.26 per common share was declared in the third quarter, marking an increase.
Oct 21, 2025, 10:04 AM
First United Corporation Announces Third Quarter 2025 Financial Results
FUNC
Earnings
Dividends
- First United Corporation reported net income of $6.9 million for the third quarter of 2025, or $1.07 per diluted common share, an increase from $5.8 million and $0.89 per diluted common share in the third quarter of 2024.
- The company's net interest margin, on a non-GAAP, fully tax equivalent basis, was 3.69% for the third quarter of 2025.
- Total assets reached $2.0 billion at September 30, 2025, representing a $51.0 million increase since December 31, 2024.
- For the nine-month period ended September 30, 2025, annualized Return on Average Assets was 1.24% and Return on Average Equity was 13.23%.
- A cash dividend of $0.26 per common share was declared in the third quarter.
Oct 20, 2025, 8:04 PM
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