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First United FUNC Wealth Management — Depreciation Nonproduction

Other segment segments

Community Banking
$596K-8.6%

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Other financials

Income statement

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Revenue$23.4M+11.9%
Net income$6.7M+14.8%
EPS (diluted)$1.03+15.7%

Balance sheet

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Cash & equivalents$89.8M+6.4%
Total debt$51.6M-63.8%
Total equity$205.3M+11.7%
Total assets$2.0B+3.0%

Cash flow

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Operating cash flow$13.9M+99.8%
CapEx$908.0K+55.2%
Free cash flow$13.0M+104%

Valuation

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Market cap$284.36M+49.5%
Enterprise value$246.13M-13.0%
P/E11.2×+3.2×
P/S3.1×+0.8×

Profitability

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Net margin27.8%+0.2pp
FCF margin24.2%-4.1pp

Returns & leverage

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Return on equity13%+0.1pp
Debt / equity0.3×-0.5×

Where this comes from

Reported directly by First United in its filing.

Tagged under the XBRL concept us-gaap:DepreciationNonproduction.

The official record: First United’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First United's wealth management — depreciation nonproduction?
First United (FUNC) reported wealth management — depreciation nonproduction of $3K in Q1 2026.
How has First United's wealth management — depreciation nonproduction changed year-over-year?
First United's wealth management — depreciation nonproduction decreased by 25.0% year-over-year, from $4K to $3K.
What does wealth management — depreciation nonproduction mean?
This represents the systematic allocation of the cost of tangible non-production assets, such as office furniture or administrative equipment, used by the wealth management segment over their useful lives. It provides insight into the capital intensity and overhead costs required to support the segment's daily operations.