First United FUNC Wealth Management — Income Tax Expense Benefit

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Questions, answered.

What is First United's wealth management — income tax expense benefit?

First United (FUNC) reported wealth management — income tax expense benefit of $308K in Q1 2026.

How has First United's wealth management — income tax expense benefit changed year-over-year?

First United's wealth management — income tax expense benefit increased by 3.7% year-over-year, from $297K to $308K.

What is the long-term trend for First United's wealth management — income tax expense benefit?

Over 2 years (2023 to 2025), First United's wealth management — income tax expense benefit has grown at a 15.8% compound annual growth rate (CAGR), from $902K to $1.21M.

What does wealth management — income tax expense benefit mean?

This represents the total provision for income taxes allocated to the wealth management business segment. It reflects the tax impact of the segment's operational profitability and is essential for calculating the segment's net contribution to the overall corporate bottom line.