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FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2025 FINANCIAL RESULTS
First United Corporation (the "Corporation", "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and nine-month periods ended September 30, 2025. Net income was $6.9 million for the third quarter of 2025, or $1.07 per diluted common share, compared to $5.8 million, or $0.89 per diluted common share, for the third quarter of 2024 and $6.0 million, or $0.92 per diluted commo
About this update from First
[{"type":"text","content":"OAKLAND, Md., Oct. 20, 2025 /PRNewswire/ -- First United Corporation (the "Corporation", "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and nine-month periods ended September 30, 2025. Net income was $6.9 million for the third quarter of 2025, or $1.07 per diluted common share, compared to $5.8 million, or $0.89 per diluted common share, for the third quarter of 2024 and $6.0 million, or $0.92 per diluted common share, for the second quarter of 2025. Net income for the first nine months of 2025 was $18.7 million, or $2.88 per diluted common share, compared to $14.4 million, or $2.19 per diluted common share, for the same period of 2024. Annualized Return on Average Assets and Return on Average Equity for the nine-month period ended September 30, 2025 were 1.24% and 13.23%, respectively.","length":986,"tagName":"p"},{"type":"image","alt":"First United Corporation logo (PRNewsfoto/First United Corporation)","displaySize":"","headline":null,"caption":"First United Corporation logo (PRNewsfoto/First United Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":181,"url":"https://media.zenfs.com/en/prnewswire.com/693cd97e11791b079922cccf91478164"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mTBobt.6DFCVleBlV20Xyg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMxOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/693cd97e11791b079922cccf91478164","width":400,"height":181}},"href":"https://mma.prnewswire.com/media/2613881/First_United_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"According to Carissa Rodeheaver, Chairman, President and CEO, "We are pleased to report another strong quarter, once again driven by increased net interest margin and expense control. Our commercial, mortgage and wealth relationship managers continue to deliver strong production, and our entire team remains focused on controlling expenses. The strong income allowed us to increase our dividend this quarter. "","length":421,"tagName":"p"},{"type":"text","content":" Third Quarter Financial Highlights: ","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content"...