First United (FUNC) Operating Expenses (2010 - 2026)
First United's (FUNC) quarterly Operating Expenses came in at $15.8 million in Q2 2026, up 21.51% year-over-year from $13.0 million in Q2 2025, and up 15.13% quarter-over-quarter from $13.7 million in Q1 2026.
Analysis
First United (FUNC) Operating Expenses (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Operating Expenses for 17 consecutive years, with $15.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 21.51% year-over-year to $15.8 million in Q2 2026; TTM through Jun 2026 was $57.3 million, a 14.75% increase from a year earlier, with the FY2025 full-year figure at $53.4 million, up 7.58% from the prior year.
- Operating Expenses was $15.8 million for Q2 2026 at First United, up from $13.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $15.8 million in Q2 2026 and troughed at $10.3 million in Q3 2022.
- A 5-year average of $12.5 million and a median of $12.5 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slipped 20.71% in 2022 and advanced 23.78% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $11.6 million in 2022, then advanced by 6.2% to $12.3 million in 2023, then fell by 1.85% to $12.1 million in 2024, then grew by 23.08% to $14.9 million in 2025, then climbed by 6.03% to $15.8 million in 2026.
- The last three Operating Expenses figures came in at $15.8 million (Q2 2026), $13.7 million (Q1 2026), and $14.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 1.22 Bn |
| 10 | First United | 280.04 Mn | 194.85 Mn | - | 15.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.77 Mn |
| 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 |