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First United FUNC Operating Lease Right Of Use Asset Amortization Expense Income

Operating Lease Right Of Use Asset Amortization Expense Income at other companies

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-$807K-112%
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$1.51M-20.7%
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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 func:OperatingLeaseRightOfUseAssetAmortizationExpenseIncome.

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 right of use asset amortization expense income?
First United (FUNC) reported operating lease right of use asset amortization expense income of $76K in Q1 2026.
How has First United's operating lease right of use asset amortization expense income changed year-over-year?
First United's operating lease right of use asset amortization expense income increased by 4.1% year-over-year, from $73K to $76K.
What does operating lease right of use asset amortization expense income mean?
Reflects the non-cash expense associated with the systematic reduction of the right-of-use asset value over the term of an operating lease. This metric is necessary to reconcile net income with cash flows by adjusting for lease-related expenses that do not involve immediate cash outflows. It provides insight into the bank's long-term commitment to leased facilities and office space.