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First United FUNC Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$10.77B+25.5%
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$87.84M+1.2%
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$2.38M-1.0%
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$10.6M+6.4%
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JPMorgan ChaseJPM
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M&T BankMTB

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+48.1%
Enterprise value$246.13M-13.9%
P/E11.2×+3.1×
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:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?
First United (FUNC) reported operating lease ROU assets of $939K in Q1 2026.
How has First United's operating lease ROU assets changed year-over-year?
First United's operating lease ROU assets decreased by 17.0% year-over-year, from $1.13M to $939K.
What is the long-term trend for First United's operating lease ROU assets?
Over 5 years (2020 to 2025), First United's operating lease ROU assets has grown at a -15.9% compound annual growth rate (CAGR), from $2.41M to $1.02M.
What does operating lease ROU assets mean?
This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.