What is First United's trust receivable?

First United (FUNC) reported trust receivable of $2.55M in Q1 2026.

What does trust receivable mean?

This represents amounts owed to the bank specifically arising from its trust and fiduciary services division. It captures the fees or reimbursements due from clients for managing assets, estates, or retirement accounts. This metric is essential for evaluating the performance and liquidity of the bank's fee-based wealth management business.

First United FUNC Trust Receivable

Trust Receivable at other companies

Citizens & NorthernCZNC

$2.09M-0.8%

Commerce BancsharesCBSH

$2.3M+28.5%

Equity BancsharesEQBK

$542K+18.6%

PopularBPOP

$7.75M+16.8%

M&T BankMTB

$183M+3.4%

Orange County BancorpOBT

$1.73M+3.2%

Other financials

Income statement

See full

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

See full

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

See full

Net margin27.8%+0.2pp

FCF margin24.2%-4.1pp

Returns & leverage

See full

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:TrustReceivable.

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 trust receivable?: First United (FUNC) reported trust receivable of $2.55M in Q1 2026.
What does trust receivable mean?: This represents amounts owed to the bank specifically arising from its trust and fiduciary services division. It captures the fees or reimbursements due from clients for managing assets, estates, or retirement accounts. This metric is essential for evaluating the performance and liquidity of the bank's fee-based wealth management business.