First United (FUNC) Tax Rate (2012 - 2026)
First United's Tax Rate came in at 23.40% for Q2 2026, down 1.42 percentage points from 24.81% a year earlier and down 1.25 percentage points from the prior quarter.
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Analysis
First United (FUNC) Tax Rate (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First United reported Tax Rate of 24.34%, down 0.29 percentage points year-over-year; for FY2025, it came in at 24.65%, up 0.18 percentage points from FY2024.
- Tax Rate carries a five-year change of +2.46 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 24.46% in FY2024 (+1.79 pp), 22.67% in FY2023 (-1.84 pp), 24.51% in FY2022 (-0.34 pp) and 24.85% in FY2021 (+2.67 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2023.
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +1.34 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 8.78 percentage points), and the weakest in Q4 2023 (a drop of 5.67 percentage points).
- Business Quant data shows FUNC's Tax Rate at 24.64% (Q1 2026), 24.33% (Q4 2025) and 24.82% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 23.98% |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 22.68% |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 23.29% |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | 22.26% |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 24.40% |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 16.36% |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | First United | 299.30 Mn | -82.22 Mn | - | 24.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.22% |
| Jun 30, 2026 | 23.40% |
| Mar 31, 2026 | 24.64% |
| Dec 31, 2025 | 24.33% |
| Sep 30, 2025 | 24.82% |
| Jun 30, 2025 | 24.81% |
| Mar 31, 2025 | 24.58% |
| Dec 31, 2024 | 24.06% |
| Sep 30, 2024 | 25.08% |
| Jun 30, 2024 | 24.64% |
| Mar 31, 2024 | 23.91% |
| Dec 31, 2023 | 15.28% |
| Sep 30, 2023 | 22.64% |
| Jun 30, 2023 | 24.38% |
| Mar 31, 2023 | 23.65% |
| Dec 31, 2022 | 20.95% |
| Sep 30, 2022 | 27.85% |
| Jun 30, 2022 | 23.93% |
| Mar 31, 2022 | 24.96% |
| Dec 31, 2021 | 24.82% |
API Access
First United Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FUNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FUNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FUNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();