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
DateValue
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