First United (FUNC) Rent Expense (2010 - 2026)
First United's (FUNC) quarterly Rent Expense came in at $690000.0 in Q2 2026, up 2.22% year-over-year from $675000.0 in Q2 2025, and down 4.83% quarter-over-quarter from $725000.0 in Q1 2026.
Analysis
First United (FUNC) Rent Expense (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Rent Expense for 17 consecutive years, with $690000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 2.22% year-over-year to $690000.0 in Q2 2026; TTM through Jun 2026 was $2.9 million, a 10.43% increase from a year earlier, with the FY2025 full-year figure at $2.9 million, down 0.63% from the prior year.
- Rent Expense was $690000.0 for Q2 2026 at First United, down from $725000.0 in the prior quarter.
- Over five years, Rent Expense peaked at $1.2 million in Q4 2023 and troughed at $563000.0 in Q4 2024.
- A 5-year average of $750000.0 and a median of $726000.0 in 2022 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense soared 59.26% in 2023 and sank 51.84% in 2024, its largest moves.
- Over 5 years, Rent Expense stood at $734000.0 in 2022, then soared by 59.26% to $1.2 million in 2023, then slumped by 51.84% to $563000.0 in 2024, then soared by 45.12% to $817000.0 in 2025, then slipped by 15.54% to $690000.0 in 2026.
- The last three Rent Expense figures came in at $690000.0 (Q2 2026), $725000.0 (Q1 2026), and $817000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | First United | 280.04 Mn | 194.85 Mn | - | 690,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 690,000.00 |
| Mar 31, 2026 | 725,000.00 |
| Dec 31, 2025 | 817,000.00 |
| Sep 30, 2025 | 679,000.00 |
| Jun 30, 2025 | 675,000.00 |
| Mar 31, 2025 | 689,000.00 |
| Dec 31, 2024 | 563,000.00 |
| Sep 30, 2024 | 709,000.00 |
| Jun 30, 2024 | 652,000.00 |
| Mar 31, 2024 | 954,000.00 |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 745,000.00 |
| Jun 30, 2023 | 742,000.00 |
| Mar 31, 2023 | 785,000.00 |
| Dec 31, 2022 | 734,000.00 |
| Sep 30, 2022 | 734,000.00 |
| Jun 30, 2022 | 711,000.00 |
| Mar 31, 2022 | 727,000.00 |
| Dec 31, 2021 | 673,000.00 |
| Sep 30, 2021 | 684,000.00 |