Highest-materiality recent filing
First United Q1 2026 net income $6.7M ($1.03 EPS), up 16% YoY; NIM expands to 3.83%
GAAP net income $6.7M, EPS $1.03, vs $5.8M ($0.89) YoY; non-GAAP net income $6.6M ($1.02).
Full year 2025 GAAP net income rose to $24.5 million ($3.77/diluted share) from $20.6 million ($3.15/diluted share) in 2024.
First United Corp adopts stock repurchase program for up to 15.4% of outstanding shares
Authorizes purchase of up to 1,000,000 common shares (~15.4% of outstanding) over 18 months starting Jan 26, 2026.
First United CEO Carissa Rodeheaver to retire May 2026; Jason Rush named successor
CEO Carissa Rodeheaver to retire at 2026 annual meeting (May 7); will serve as Executive Chairman from Jan 1.
First United Q3 net income $6.9M, EPS $1.07, up from $0.89 YoY; dividend raised to $0.26/share
Net income $6.9M ($1.07 diluted EPS) vs $5.8M ($0.89) in Q3 2024 and $6.0M ($0.92) in Q2 2025.
First United Q2 net income $6.0M ($0.92 EPS) vs $4.9M ($0.75) year ago; NIM expands to 3.65%
Net income $6.0M ($0.92 diluted EPS) up 22% from $4.9M ($0.75) in Q2 2024; revenue growth from higher loan yields and stable funding costs.
First United Q1 net income $5.8M ($0.89 EPS) up from $3.7M YoY; NIM expands to 3.56%
Net income $5.8M vs $3.7M YoY; diluted EPS $0.89 vs $0.56 Q1 2024; revenue increased $2.2M in net interest income.
First United Q4 net income $6.2M ($0.95/dil) vs $1.8M year ago; full year EPS $3.15
Q4 2024 GAAP net income $6.2M ($0.95 diluted EPS) vs $1.8M ($0.26) in Q4 2023.
First United Q3 EPS $0.89 vs $0.67 YoY; dividend raised 10% to $0.22
Net income $5.8M, diluted EPS $0.89 vs $0.67 Q3 2023; YTD net income $14.4M.
First United Corp adopts share repurchase program for up to 600,000 shares (9.3% of outstanding)
Board adopted stock repurchase program effective Aug 30, 2024; authorizes up to 600,000 shares.
First United Q2 net income $4.9M ($0.75/sh), net interest margin 3.49%
Net income $4.9M vs $4.4M Q2 2023; diluted EPS $0.75 vs $0.66.
First United Q1 net income $3.7M ($0.56 EPS) vs $4.4M a year ago; NIM compresses, non-accruals surge
Q1 2024 net income $3.7M ($0.56 diluted EPS) vs $4.4M ($0.65) in Q1 2023.
First United Q4 2023 GAAP EPS $0.26 (vs $1.04); net income $15.1M for year vs $25.0M
Net income Q4 2023: $1.8M GAAP ($0.26 diluted) vs $7.0M ($1.04) in Q4 2022; non-GAAP $5.5M ($0.82).
First United sells $20.4M AFS securities at $3.2M loss to fund 7.85% loans; sees ~$0.15 EPS gain
Sold $20.4M AFS securities (book $24.6M) for $3.2M after-tax loss; proceeds to fund loans at ~7.85%.
First United Q3 net income $4.5M, EPS $0.67 down from $1.04 YoY; NIM compresses to 3.12%
Net income $4.5M ($0.67/sh) vs $6.9M ($1.04) in Q3 2022; YTD $13.3M ($1.99) vs $18.1M ($2.72).
First United Q2 net income falls to $4.4M from $5.4M YoY; NIM narrows to 3.39%
Net income of $4.4M ($0.66/sh) vs $5.4M ($0.82/sh) in Q2 2022; YTD net income $8.8M vs $11.1M.
Mr. Rush was elected to the Board by the Corporation’s shareholders at the 2026 annual meeting of shareholders held on May 7, 2026.
On May 27, 2026, the Board of Directors (the “Board”) of First United Corporation (the “Corporation”) appointed Jason B. Rush, age 55, to serve as the Chairman of the Board.
On November 20, 2024, Marisa Shockley notified the Board of Directors (the “Board”) of First United Corporation (the “Corporation”) that, effective December 1, 2024, she will retire from the Board and from the Board of Directors of First United Bank & Trust (the “Bank Board”).
On September 27, 2023, following a recommendation by its Nominating and Governance Committee, the Board of Directors (the “Company Board”) of First United Corporation (the “Company”) elected Kevin R. Hessler to serve as a director until the 2024 annual meeting of shareholders and until his successor is duly elected and qualifies.
On December 5, 2022, Beth E. Moran accepted an offer from the Board of Directors (the “Company Board”) of First United Corporation (the “Company”) to serve as a director of the Company commencing on January 1, 2023.
Max materiality 0.90 · Median 0.32 · Most common event dividend