First United (FUNC) Tax Provisions (2010 - 2026)
First United's (FUNC) quarterly Tax Provisions came in at $1.7 million in Q2 2026, down 12.35% year-over-year from $2.0 million in Q2 2025, and down 20.56% quarter-over-quarter from $2.2 million in Q1 2026.
Analysis
First United (FUNC) Tax Provisions (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Tax Provisions for 17 consecutive years, with $1.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 12.35% year-over-year to $1.7 million in Q2 2026; TTM through Jun 2026 was $8.6 million, a 0.62% increase from a year earlier, with the FY2025 full-year figure at $8.6 million, up 14.8% from the prior year.
- Tax Provisions was $1.7 million for Q2 2026 at First United, down from $2.2 million in the prior quarter.
- Over five years, Tax Provisions peaked at $2.8 million in Q4 2024 and troughed at $1.2 million in Q1 2024.
- A 5-year average of $1.9 million and a median of $1.9 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 50.65% in 2023 and surged 130.93% in 2024, its largest moves.
- Over 5 years, Tax Provisions stood at $1.8 million in 2022, then tumbled by 34.7% to $1.2 million in 2023, then surged by 130.93% to $2.8 million in 2024, then decreased by 12.64% to $2.4 million in 2025, then fell by 28.85% to $1.7 million in 2026.
- The last three Tax Provisions figures came in at $1.7 million (Q2 2026), $2.2 million (Q1 2026), and $2.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 148.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 219.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 139.00 Mn |
| 10 | First United | 280.04 Mn | 194.85 Mn | - | 1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Mn |
| Mar 31, 2026 | 2.18 Mn |
| Dec 31, 2025 | 2.43 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | 1.98 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Dec 31, 2024 | 2.79 Mn |
| Sep 30, 2024 | 1.93 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.16 Mn |
| Dec 31, 2023 | 1.21 Mn |
| Sep 30, 2023 | 1.32 Mn |
| Jun 30, 2023 | 1.42 Mn |
| Mar 31, 2023 | 1.36 Mn |
| Dec 31, 2022 | 1.85 Mn |
| Sep 30, 2022 | 2.68 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.90 Mn |
| Dec 31, 2021 | 2.49 Mn |
| Sep 30, 2021 | 1.41 Mn |