FIRST UNITED CORP/MD/ (FUNC) Company Report

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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FIRST UNITED CORP/MD/ (FUNC)