Revenue
$18.43M
Fiscal year ended 2025-12-31Net income
$24.52M
Fiscal year ended 2025-12-31Total assets
$2.09B
Fiscal year ended 2025-12-31FIRST UNITED CORP/MD/ (FUNC) reported revenue of $18.43M and net income of $24.52M for the fiscal year ended 2025-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from FIRST UNITED CORP/MD/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.43M | $17.72M | $16.67M | $16.16M | $16.06M | $13.98M | $12.96M | $12.58M | $11.82M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $24.52M | $20.57M | $15.06M | $25.05M | $19.77M | $13.84M | $13.13M | $10.67M | $5.27M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 6.50M | shares 6.54M | shares 6.70M | shares 6.66M | shares 6.72M | shares 7.01M | shares 7.10M | Unavailable | Unavailable |
| Pretax income | $32.53M | $27.23M | $19.48M | $33.18M | $26.31M | $17.79M | $16.46M | $13.43M | $12.21M |
| Income tax expense | $8.02M | $6.66M | $4.42M | $8.13M | $6.54M | $3.95M | $3.34M | $2.76M | $6.94M |
| Diluted EPS | $3.77 | $3.15 | $2.25 | $3.76 | $2.95 | $1.97 | $1.85 | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $131.61M | $78.33M | $49.75M | $74.32M | $115.72M | $149.43M | $49.98M | $23.54M | $83.75M |
| Total assets | $2.09B | $1.97B | $1.91B | $1.85B | $1.73B | $1.73B | $1.44B | $1.38B | $1.34B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $1.88B | $1.79B | $1.74B | $1.70B | $1.59B | $1.60B | $1.32B | $1.27B | $1.23B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $203.63M | $179.30M | $161.87M | $151.79M | $141.90M | $131.05M | $125.94M | $117.07M | $108.39M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $11.00M | $11.00M | $11.00M | $11.00M | $11.00M | $11.00M | $11.00M | $11.00M | $11.00M |
| Long-term debt | $95.93M | $120.93M | $110.93M | $30.93M | $30.93M | $100.93M | $100.93M | $100.93M | $120.93M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $19.37M | $22.28M | $22.47M | $26.54M | $20.02M | $16.17M | $16.39M | $18.29M | $12.92M |
| Capital expenditures | $3.97M | $1.92M | $353.00K | $3.58M | $1.13M | $1.60M | $3.97M | $9.48M | $6.56M |
| Investing cash flow | -$48.01M | -$38.44M | -$81.71M | -$172.40M | -$28.42M | -$191.28M | -$32.52M | -$113.71M | -$7.66M |
| Financing cash flow | $81.92M | $44.73M | $34.68M | $104.46M | -$25.31M | $274.56M | $42.57M | $35.21M | $15.17M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$60.21M | $20.44M |
| Stock-based compensation | $760.00K | $483.00K | $527.00K | $532.00K | $472.00K | $345.00K | $268.00K | $249.00K | $192.00K |
| Common dividends paid | $5.97M | $5.37M | $5.22M | $3.99M | $3.89M | $3.65M | $3.12M | $1.91M | $0 |
| Common share repurchases | Unavailable | $4.03M | $1.50M | Unavailable | $7.18M | $2.75M | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $15.40M | $20.36M | $22.12M | $22.97M | $18.89M | $14.56M | $12.42M | $8.81M | $6.36M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 83.6% | 114.9% | 132.7% | 142.1% | 117.7% | 104.2% | 95.8% | 70.0% | 53.9% |
| SBC / revenue | 4.1% | 2.7% | 3.2% | 3.3% | 2.9% | 2.5% | 2.1% | 2.0% | 1.6% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 4.0% | 6.3% | 3.2% | 0.6% | 14.8% | 7.8% | 3.1% | 6.5% | Unavailable |
| Net margin | 133.0% | 116.1% | 90.3% | 155.0% | 123.1% | 99.0% | 101.3% | 84.8% | 44.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 21.5% | 10.9% | 2.1% | 22.1% | 7.0% | 11.5% | 30.6% | 75.4% | 55.5% |
| Long-term debt / equity | 0.47x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.6% | 24.5% | 22.7% | 24.5% | 24.9% | 22.2% | 20.3% | 20.6% | 56.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FUNC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-10View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-07View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.