First United (FUNC) Rent Expense (2010 - 2026)
First United (FUNC) reported 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 17 years of Rent Expense data on file, last reported at $725000.0 in Q1 2026.
- Rent Expense for Q1 2026 came in at $725000.0, up 5.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 million (up 10.83% YoY), and the FY2025 annual result was $2.9 million, down 0.63% from the prior year.
- Rent Expense eased to $725000.0 in Q1 2026 per FUNC's latest filing, from $817000.0 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 $753529.4 and a median of $727000.0 in 2022 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2023 and 2024: Rent Expense jumped 59.26% in 2023, then plunged 51.84% in 2024.
- A 5-year view of Rent Expense shows it stood at $734000.0 in 2022, then jumped by 59.26% to $1.2 million in 2023, then sank by 51.84% to $563000.0 in 2024, then jumped by 45.12% to $817000.0 in 2025, then fell 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 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First United | 270.41 Mn | 180.56 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 |