First United (FUNC) Rent Expense (2010 - 2026)
First United's (FUNC) quarterly Rent Expense came in at $725000.0 in Q1 2026, up 5.22% year-on-year from $689000.0 in Q1 2025, and down 11.26% on a QoQ basis from $817000.0 in Q4 2025.
First United (FUNC) Rent Expense (2010 - 2026) Analysis & Trends
First United (FUNC) has 17 years of Rent Expense data on file, last reported at $725000.0 in Q1 2026.
- On a quarterly basis, Rent Expense rose 5.22% year-over-year to $725000.0 in Q1 2026; TTM through Mar 2026 was $2.9 million, a 10.83% increase from a year earlier, with the FY2025 full-year figure at $2.9 million, down 0.63% from the prior year.
- Rent Expense for Q1 2026 stood at $725000.0, down from $817000.0 in the prior quarter.
- Over the last five years, Rent Expense for FUNC reached as high as $1.2 million in Q4 2023 and fell as low as $563000.0 in Q4 2024.
- Historically, Rent Expense has averaged $753529.4 across 5 years, with a median of $727000.0 in 2022.
- Across the five-year window, Rent Expense surged 59.26% in 2023 and slumped 51.84% in 2024, its largest moves.
- Year by year, Rent Expense stood at $734000.0 in 2022, then jumped by 59.26% to $1.2 million in 2023, then slumped by 51.84% to $563000.0 in 2024, then jumped by 45.12% to $817000.0 in 2025, then slipped by 11.26% to $725000.0 in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $725000.0 in Q1 2026, $817000.0 in Q4 2025, and $679000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | First United | 284.86 Mn | 195.02 Mn | - | 725,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 725,000.00 |
| Mar 31, 2026 | 725,000.00 |
| Dec 31, 2025 | 817,000.00 |
| Dec 31, 2025 | 817,000.00 |
| Sep 30, 2025 | 679,000.00 |
| Sep 30, 2025 | 679,000.00 |
| Jun 30, 2025 | 675,000.00 |
| Jun 30, 2025 | 675,000.00 |
| Mar 31, 2025 | 689,000.00 |
| Mar 31, 2025 | 689,000.00 |
| Dec 31, 2024 | 563,000.00 |
| Dec 31, 2024 | 563,000.00 |
| Sep 30, 2024 | 709,000.00 |
| Sep 30, 2024 | 709,000.00 |
| Jun 30, 2024 | 652,000.00 |
| Jun 30, 2024 | 652,000.00 |
| Mar 31, 2024 | 954,000.00 |
| Mar 31, 2024 | 954,000.00 |
| Dec 31, 2023 | 1.17 Mn |
| Dec 31, 2023 | 1.17 Mn |