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First United FUNC Wealth Management — Other Noninterest Expense

Other segment segments

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$2.21M+4.9%

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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:OtherNoninterestExpense.

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 — other noninterest expense?
First United (FUNC) reported wealth management — other noninterest expense of $96K in Q1 2026.
How has First United's wealth management — other noninterest expense changed year-over-year?
First United's wealth management — other noninterest expense decreased by 24.4% year-over-year, from $127K to $96K.
What is the long-term trend for First United's wealth management — other noninterest expense?
Over 2 years (2023 to 2025), First United's wealth management — other noninterest expense has grown at a 3.0% compound annual growth rate (CAGR), from $440K to $467K.
What does wealth management — other noninterest expense mean?
Encompasses miscellaneous operating costs incurred by the wealth management segment that do not fall under specific categories like labor or technology. Tracking this helps identify hidden operational inefficiencies or fluctuating administrative burdens.