First United (FUNC) Research & Development (2010 - 2026)
First United (FUNC) posted quarterly Research & Development of $1.7 million for Q1 2026, up 10.71% year-over-year from $1.5 million in Q1 2025, and up 2.53% quarter-over-quarter from $1.6 million in Q4 2025.
First United (FUNC) Research & Development (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Research & Development for 17 consecutive years, with $1.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 10.71% year-over-year to $1.7 million; the TTM figure through Mar 2026 stood at $6.4 million (up 7.7% YoY), while the FY2025 annual figure was $6.2 million, up 8.37% from the prior year.
- Research & Development advanced to $1.7 million in Q1 2026 per FUNC's latest filing, from $1.6 million in the prior quarter.
- Across five years, Research & Development topped out at $1.7 million in Q4 2024 and bottomed at $805000.0 in Q2 2022.
- Historically, Research & Development has averaged $1.3 million across 5 years, with a median of $1.4 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development dropped 8.0% — and 2023, when it jumped 62.24%.
- First United's Research & Development stood at $928000.0 in 2022, then jumped by 49.14% to $1.4 million in 2023, then rose by 21.97% to $1.7 million in 2024, then decreased by 3.85% to $1.6 million in 2025, then increased by 2.53% to $1.7 million in 2026.
- Business Quant data shows FUNC's Research & Development at $1.7 million in Q1 2026, $1.6 million in Q4 2025, and $1.5 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 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 | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | First United | 279.65 Mn | 194.46 Mn | - | 1.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.74 Mn |
| Mar 31, 2026 | 1.66 Mn |
| Dec 31, 2025 | 1.62 Mn |
| Sep 30, 2025 | 1.52 Mn |
| Jun 30, 2025 | 1.60 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 1.69 Mn |
| Sep 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 1.42 Mn |
| Mar 31, 2024 | 1.32 Mn |
| Dec 31, 2023 | 1.38 Mn |
| Sep 30, 2023 | 1.39 Mn |
| Jun 30, 2023 | 1.31 Mn |
| Mar 31, 2023 | 1.31 Mn |
| Dec 31, 2022 | 928,000.00 |
| Sep 30, 2022 | 890,000.00 |
| Jun 30, 2022 | 805,000.00 |
| Mar 31, 2022 | 821,000.00 |
| Dec 31, 2021 | 784,000.00 |
| Sep 30, 2021 | 819,000.00 |