First United (FUNC) Tax Provisions (2010 - 2026)
First United (FUNC) posted quarterly Tax Provisions of $2.2 million for Q1 2026, up 15.17% year-over-year from $1.9 million in Q1 2025, and up 17.34% quarter-over-quarter from $1.9 million in Q4 2025.
First United (FUNC) Tax Provisions (2010 - 2026) Analysis & Trends
First United (FUNC) has reported Tax Provisions for 17 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 15.17% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $8.3 million (up 1.08% YoY), while the FY2025 annual figure was $8.0 million, up 7.11% from the prior year.
- Tax Provisions climbed to $2.2 million in Q1 2026 per FUNC's latest filing, from $1.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $2.8 million in Q4 2024 and bottomed at $317000.0 in Q4 2023.
- Historically, Tax Provisions has averaged $1.8 million across 5 years, with a median of $1.9 million in 2025.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 82.84% — and 2024, when it soared 778.55%.
- First United's Tax Provisions stood at $1.8 million in 2022, then plunged by 82.84% to $317000.0 in 2023, then jumped by 778.55% to $2.8 million in 2024, then tumbled by 33.32% to $1.9 million in 2025, then rose by 17.34% to $2.2 million in 2026.
- Business Quant data shows FUNC's Tax Provisions at $2.2 million in Q1 2026, $1.9 million in Q4 2025, and $2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | First United | 279.65 Mn | 194.46 Mn | - | 1.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Mn |
| Mar 31, 2026 | 2.18 Mn |
| Dec 31, 2025 | 1.86 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 | 317,000.00 |
| 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 |