First United Corp（FUNC）资讯与事件FUNCFirst United Corp

Q3 Net Interest Margin at 4.05%, CEO Says Credit Quality Strong

Q3 net interest margin, on a non-GAAP, fully tax equivalent basis, was 4.05%. Diluted tangible book value per share was $31.37 at quarter end from $28.82a year ago. Common equity Tier 1 ratio to risk weighted assets was 13.59% from 13.52% on December 31, 2025. CEO Jason Rush said, "We delivered another solid quarter, benefiting from an improved net interest margin, continued growth in wealth management income, and steady loan growth. Our loan pipelines remain robust heading into the fourth quarter, providing positive momentum as we close out the year. Credit quality remains strong. However, given continued inflationary pressures and uncertainty surrounding interest rates, we believe it is prudent to maintain a disciplined approach to reserves. We also remain focused on expense management and are continuing to identify opportunities to improve efficiency across the organization."

Q2 Net Interest Margin at 3.98%, CEO Says Results Solid

Reports Q2 net interest margin 3.98% vs. 3.65% last year. Tangible book value per share was $31.12 from $27.59 at previous quarter end. CEO Jason Rush said, "We delivered solid results this quarter. Earnings benefited from a stronger net interest margin and steady growth in income from our wealth franchise. While we recorded a one-time consulting expense of approximately $2.2M, we believe the investment in technology and pricing initiatives will position us for improved efficiency in future years to come. Loan growth was steady in the second quarter and our loan pipelines remain robust going into the third quarter. Expense control will continue to be a focus across the organization."

Company Reports Q1 Revenue of $23.3M

Reports Q1 revenue $23.3M, one estimate $22.8M. According to Jason Rush, President and CEO, "We delivered strong earnings this quarter, driven by continued margin expansion. While overall growth was again tempered by elevated loan payoffs and paydowns, we maintained solid credit performance and believe our balance sheet is well-positioned. Our focus on operational efficiency and prudent risk management continues to yield results, positioning us well as we enter 2026 with positive momentum."