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First United FUNC Wealth Management — Noninterest Expense

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$12.22M+8.7%

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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:NoninterestExpense.

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 — noninterest expense?
First United (FUNC) reported wealth management — noninterest expense of $1.47M in Q1 2026.
How has First United's wealth management — noninterest expense changed year-over-year?
First United's wealth management — noninterest expense increased by 10.4% year-over-year, from $1.33M to $1.47M.
What is the long-term trend for First United's wealth management — noninterest expense?
Over 2 years (2023 to 2025), First United's wealth management — noninterest expense has grown at a 3.5% compound annual growth rate (CAGR), from $5.14M to $5.5M.
What does wealth management — noninterest expense mean?
The total aggregate of all operating expenses, excluding interest expense, incurred by the wealth management segment. This is a primary indicator of the cost structure and operational scale of the division.