First United (FUNC) Operating Expenses (2010 - 2026)
First United (FUNC) reported Operating Expenses of $13.7 million for Q1 2026, up 8.88% year-over-year from $12.6 million in Q1 2025, and down 7.91% quarter-over-quarter from $14.9 million in Q4 2025.
First United (FUNC) Operating Expenses (2010 - 2026) Analysis & Trends
First United (FUNC) has 17 years of Operating Expenses data on file, last reported at $13.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $13.7 million, up 8.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $54.5 million (up 10.51% YoY), and the FY2025 annual result was $53.4 million, up 7.58% from the prior year.
- Operating Expenses declined to $13.7 million in Q1 2026 per FUNC's latest filing, from $14.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $14.9 million in Q4 2025 and troughed at $10.3 million in Q3 2022.
- A 5-year average of $12.4 million and a median of $12.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses dropped 20.71% in 2022, then climbed 23.78% in 2023.
- A 5-year view of Operating Expenses shows it stood at $11.6 million in 2022, then climbed by 6.2% to $12.3 million in 2023, then retreated by 1.85% to $12.1 million in 2024, then increased by 23.08% to $14.9 million in 2025, then dropped by 7.91% to $13.7 million in 2026.
- Business Quant data shows FUNC's Operating Expenses at $13.7 million in Q1 2026, $14.9 million in Q4 2025, and $13.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First United | 270.41 Mn | 180.56 Mn | - | 13.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.69 Mn |
| Dec 31, 2025 | 14.87 Mn |
| Sep 30, 2025 | 12.99 Mn |
| Jun 30, 2025 | 12.97 Mn |
| Mar 31, 2025 | 12.58 Mn |
| Dec 31, 2024 | 12.08 Mn |
| Sep 30, 2024 | 12.31 Mn |
| Jun 30, 2024 | 12.36 Mn |
| Mar 31, 2024 | 12.88 Mn |
| Dec 31, 2023 | 12.31 Mn |
| Sep 30, 2023 | 12.79 Mn |
| Jun 30, 2023 | 12.51 Mn |
| Mar 31, 2023 | 12.64 Mn |
| Dec 31, 2022 | 11.59 Mn |
| Sep 30, 2022 | 10.33 Mn |
| Jun 30, 2022 | 10.63 Mn |
| Mar 31, 2022 | 10.58 Mn |
| Dec 31, 2021 | 11.22 Mn |
| Sep 30, 2021 | 13.03 Mn |
| Jun 30, 2021 | 11.03 Mn |