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 |
$43.32 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
|
0.38
|
0.45
|
0.36
|
0.27
|
0.26
|
0.36
|
0.27
|
0.28
|
0.48
|
0.28
|
| Total Other
Income/Expenses Net |
-$6.93 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
|
| Link |
|
|
|
|
|
|
|
|
|
|
