First United Corporation (FUNC) — Financial statements
Income statement, balance sheet, and cash flow for First United Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 119↑6.6% | 112↑16.9% | 96↑18.9% | 80↑2.3% | 79 | |
| Cost of Revenue | 35↑1.6% | 35↑35.1% | 26↑521.4% | 4↓15.0% | 5 | |
| Gross Profit | 84↑8.9% | 77↑10.2% | 70↓8.6% | 76↑3.5% | 74 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 35↑16.5% | 30↑1.7% | 30↑14.5% | 26↓0.3% | 26 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.67↓19.1% | 0.83↑53.4% | 0.54↑1.5% | 0.54 | |
| SG&A Expenses | 35↑13.9% | 31↑1.4% | 30↑15.0% | 26↓0.2% | 26 | |
| Other Expenses | 16↓14.6% | 19↓5.0% | 20↑18.9% | 17↓20.3% | 21 | |
| Operating Expenses | 51↑3.1% | 50↓1.3% | 50↑16.7% | 43↓9.1% | 47 | |
| Total Costs & Expenses | 87↑2.5% | 85↑11.1% | 76↑61.1% | 47↓9.6% | 52 | |
| Operating Results | ||||||
| Operating Income | 33↑19.5% | 27↑39.8% | 19↓41.3% | 33↑26.1% | 26 | |
| Depreciation & Amortization | 0.00↓100.0% | 4↓22.8% | 5↑34.9% | 4↑6.3% | 3 | |
| EBITDA | 33↑4.9% | 31↑27.2% | 24↓33.8% | 37↑23.8% | 30 | |
| EBIT | 33↑19.5% | 27↑39.6% | 20↓41.2% | 33↑26.1% | 26 | |
| Interest & Other Income | ||||||
| Net Interest Income | 68↑13.6% | 60↑5.5% | 57↓1.3% | 58↑9.7% | 53 | |
| Interest Income | 101↑9.6% | 92↑13.4% | 81↑30.0% | 62↑7.2% | 58 | |
| Interest Expense | 33↑2.2% | 32↑31.8% | 24↑407.1% | 5↓16.2% | 6 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 33↑19.5% | 27↑39.8% | 19↓41.3% | 33↑26.1% | 26 | |
| Income Tax Expense | 8↑20.4% | 7↑50.8% | 4↓45.7% | 8↑24.4% | 7 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 25↑19.2% | 21↑36.6% | 15↓39.9% | 25↑26.7% | 20 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 25↑19.2% | 21↑36.6% | 15↓39.9% | 25↑26.7% | 20 | |
| Bottom-Line Net Income | 25↑19.2% | 21↑36.6% | 15↓39.9% | 25↑26.7% | 20 | |
| EPS (Basic) | 3.78↑20.0% | 3.15↑40.0% | 2.25↓40.3% | 3.77↑27.8% | 2.95 | |
| EPS (Diluted) | 3.77↑19.7% | 3.15↑40.0% | 2.25↓40.2% | 3.76↑27.9% | 2.94 | |
| Weighted Average Shares | 6↓0.6% | 7↓2.4% | 7↑0.5% | 7↓0.9% | 7 | |
| Weighted Average Diluted Shares | 7↓0.6% | 7↓2.4% | 7↑0.6% | 7↓0.8% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.