First United (FUNC) Operating Expenses (2010 - 2026)
First United's (FUNC) quarterly Operating Expenses came in at $13.7 million in Q1 2026, up 8.88% year-on-year from $12.6 million in Q1 2025, and down 7.91% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 8.88% year-over-year to $13.7 million in Q1 2026; TTM through Mar 2026 was $54.5 million, a 10.51% increase from a year earlier, with the FY2025 full-year figure at $53.4 million, up 7.58% from the prior year.
- Operating Expenses for Q1 2026 stood at $13.7 million, down from $14.9 million in the prior quarter.
- Over the last five years, Operating Expenses for FUNC reached as high as $14.9 million in Q4 2025 and fell as low as $10.3 million in Q3 2022.
- Historically, Operating Expenses has averaged $12.4 million across 5 years, with a median of $12.5 million in 2023.
- Across the five-year window, Operating Expenses decreased 20.71% in 2022 and gained 23.78% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $11.6 million in 2022, then rose by 6.2% to $12.3 million in 2023, then dropped by 1.85% to $12.1 million in 2024, then advanced by 23.08% to $14.9 million in 2025, then retreated by 7.91% to $13.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | First United | 289.66 Mn | 199.81 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 |