FUNC
Income statement / Annual
Last year (2023), First United Corporation's total revenue was $69.72 M,
a decrease of 7.88% from the previous year.
In 2023, First United Corporation's net income was $15.06 M.
See First United Corporation,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$69.72 M |
$75.68 M |
$73.66 M |
$67.12 M |
$63.17 M |
$59.42 M |
$53.86 M |
$52.30 M |
$46.54 M |
$49.69 M |
Cost of Revenue |
$38.57 M
|
$33.84 M
|
$32.69 M
|
$32.70 M
|
$35.01 M
|
$33.32 M
|
$30.02 M
|
$28.79 M
|
$30.75 M
|
$29.42 M
|
Gross Profit |
$31.15 M
|
$41.85 M
|
$40.97 M
|
$34.42 M
|
$28.17 M
|
$26.11 M
|
$23.85 M
|
$23.51 M
|
$15.80 M
|
$20.27 M
|
Gross Profit Ratio |
0.45
|
0.55
|
0.56
|
0.51
|
0.45
|
0.44
|
0.44
|
0.45
|
0.34
|
0.41
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$29.60 M
|
$25.25 M
|
$25.94 M
|
$22.55 M
|
$25.90 M
|
$25.65 M
|
$23.69 M
|
$22.15 M
|
$23.42 M
|
$22.02 M
|
Selling & Marketing Expenses |
$762,000.00
|
$543,000.00
|
$535,000.00
|
$573,000.00
|
$418,000.00
|
$530,000.00
|
$536,000.00
|
$0.00
|
$0.00
|
$0.00
|
Selling, General & Administrative Expenses |
$30.37 M
|
$25.79 M
|
$26.47 M
|
$23.13 M
|
$26.32 M
|
$26.18 M
|
$23.69 M
|
$22.15 M
|
$23.42 M
|
$22.02 M
|
Other Expenses |
$0.00
|
-$10.85 M
|
-$73.82 M
|
-$71.90 M
|
-$73.01 M
|
-$13.46 M
|
-$11.58 M
|
-$13.05 M
|
-$12.56 M
|
$0.00
|
Operating Expenses |
$43.32 M
|
$543,000.00
|
-$47.35 M
|
-$48.77 M
|
-$46.69 M
|
$26.18 M
|
$23.69 M
|
$22.15 M
|
$23.42 M
|
$22.02 M
|
Cost And Expenses |
$43.32 M
|
$34.38 M
|
-$47.35 M
|
-$48.77 M
|
-$46.69 M
|
$26.18 M
|
-$7.81 M
|
-$8.17 M
|
-$14.98 M
|
-$5.60 M
|
Interest Income |
$81.16 M
|
$62.42 M
|
$58.26 M
|
$58.20 M
|
$57.92 M
|
$52.29 M
|
$46.95 M
|
$45.86 M
|
$45.03 M
|
$46.39 M
|
Interest Expense |
$24.29 M
|
$4.79 M
|
$5.71 M
|
$9.66 M
|
$11.53 M
|
$8.11 M
|
$7.37 M
|
$8.22 M
|
$9.41 M
|
$10.87 M
|
Depreciation & Amortization |
$4.92 M
|
$3.65 M
|
$3.43 M
|
$3.55 M
|
$3.39 M
|
$2.44 M
|
$1.90 M
|
$1.69 M
|
$1.77 M
|
$1.94 M
|
EBITDA |
$0.00 |
$36.83 M |
$29.74 M |
$21.34 M |
$19.86 M |
$15.87 M |
$14.11 M |
$11.77 M |
$21.23 M |
$8.86 M |
EBITDA Ratio |
0
|
0.5
|
0.4
|
0.33
|
0.31
|
0.4
|
0.4
|
0.38
|
0.58
|
0.4
|
Operating Income Ratio |
0.21
|
0.45
|
0.36
|
0.27
|
0.26
|
0.36
|
0.27
|
0.28
|
0.48
|
0.28
|
Total Other Income/Expenses Net |
$5.01 M
|
-$5.31 M
|
$5.60 M
|
-$789,000.00
|
-$5.55 M
|
-$6.72 M
|
-$5.29 M
|
-$8.05 M
|
-$3.02 M
|
-$9.39 M
|
Income Before Tax |
$19.48 M
|
$33.18 M
|
$26.31 M
|
$18.36 M
|
$16.47 M
|
$13.43 M
|
$12.21 M
|
$10.06 M
|
$15.94 M
|
$6.87 M
|
Income Before Tax Ratio |
0.28
|
0.44
|
0.36
|
0.27
|
0.26
|
0.23
|
0.23
|
0.19
|
0.34
|
0.14
|
Income Tax Expense |
$4.42 M
|
$8.13 M
|
$6.54 M
|
$4.10 M
|
$3.36 M
|
$2.76 M
|
$6.95 M
|
$2.78 M
|
$5.07 M
|
$1.27 M
|
Net Income |
$15.06 M
|
$25.05 M
|
$19.77 M
|
$13.84 M
|
$13.13 M
|
$10.67 M
|
$5.27 M
|
$7.28 M
|
$10.88 M
|
$5.60 M
|
Net Income Ratio |
0.22
|
0.33
|
0.27
|
0.21
|
0.21
|
0.18
|
0.1
|
0.14
|
0.23
|
0.11
|
EPS |
2.25 |
3.77 |
2.95 |
1.98 |
1.85 |
1.51 |
0.58 |
0.84 |
1.65 |
0.48 |
EPS Diluted |
2.25 |
3.76 |
2.94 |
1.97 |
1.85 |
1.51 |
0.58 |
0.84 |
1.65 |
0.48 |
Weighted Average Shares Out |
$6.69 M
|
$6.65 M
|
$6.71 M
|
$7.00 M
|
$7.10 M
|
$7.08 M
|
$6.93 M
|
$6.26 M
|
$6.25 M
|
$6.22 M
|
Weighted Average Shares Out Diluted |
$6.70 M
|
$6.66 M
|
$6.72 M
|
$7.01 M
|
$7.10 M
|
$7.08 M
|
$6.93 M
|
$6.26 M
|
$6.25 M
|
$6.27 M
|
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