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
DateValue
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