First United FUNC Wealth Management — Equipment Expense
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Where this comes from
Reported directly by First United in its filing.
Tagged under the XBRL concept us-gaap:EquipmentExpense.
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 — equipment expense?
- First United (FUNC) reported wealth management — equipment expense of $26K in Q1 2026.
- How has First United's wealth management — equipment expense changed year-over-year?
- First United's wealth management — equipment expense increased by 4.0% year-over-year, from $25K to $26K.
- What is the long-term trend for First United's wealth management — equipment expense?
- Over 2 years (2023 to 2025), First United's wealth management — equipment expense has grown at a -10.7% compound annual growth rate (CAGR), from $119K to $95K.
- What does wealth management — equipment expense mean?
- Reflects the costs associated with the maintenance, leasing, and depreciation of physical equipment used specifically by the wealth management division. This metric helps evaluate the operational overhead required to support the physical infrastructure of the segment.