First United (FUNC) Rent Expense (2010 - 2026)
First United (FUNC) posted quarterly Rent Expense of $725000.0 for Q1 2026, up 5.22% year-over-year from $689000.0 in Q1 2025, and down 11.26% quarter-over-quarter from $817000.0 in Q4 2025.
First United (FUNC) Rent Expense (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Rent Expense for 17 consecutive years, with $725000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 5.22% year-over-year to $725000.0; the TTM figure through Mar 2026 stood at $2.9 million (up 10.83% YoY), while the FY2025 annual figure was $2.9 million, down 0.63% from the prior year.
- Rent Expense retreated to $725000.0 in Q1 2026 per FUNC's latest filing, from $817000.0 in the prior quarter.
- Across five years, Rent Expense topped out at $1.2 million in Q4 2023 and bottomed at $563000.0 in Q4 2024.
- Historically, Rent Expense has averaged $753529.4 across 5 years, with a median of $727000.0 in 2022.
- Annual changes were most pronounced in 2023 — Rent Expense jumped 59.26% — and 2024, when it plunged 51.84%.
- First United's Rent Expense stood at $734000.0 in 2022, then surged by 59.26% to $1.2 million in 2023, then slumped by 51.84% to $563000.0 in 2024, then surged by 45.12% to $817000.0 in 2025, then retreated by 11.26% to $725000.0 in 2026.
- Business Quant data shows FUNC's Rent Expense at $725000.0 in Q1 2026, $817000.0 in Q4 2025, and $679000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | First United | 279.65 Mn | 194.46 Mn | - | 690,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 690,000.00 |
| Jun 30, 2026 | 690,000.00 |
| 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 |