FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS
First United Corporation reported Q3 2026 GAAP net income of $7.2 million, or $1.11 per diluted share, up from $6.9 million ($1.07) a year ago and $5.7 million ($0.88) in the linked quarter. The quarter benefited from a non-GAAP net interest margin of 4.05% (up 7 bps sequentially), $115.0 million in commercial loan originations, and growing trust/brokerage income, partially offset by a $1.9 million provision for credit losses. A $0.28 per-share dividend was declared, up from $0.26.
Key figures
- Eps
- 1.11
- Revenue
- $26,979 thousand (Q3 2026 interest income)
- Nim fte
- 4.05%
- Nim ytd
- 3.94%
- Roa ytd
- 1.26%
- Roe ytd
- 12.37%
- Gross loans
- $1.6 billion
- Acl to loans
- 1.36%
- Provision q3
- $1.9 million
- Total assets
- $2.1 billion
- Total deposits
- $1.8 billion
- Net income gaap
- $7.2 million
- Dividend declared
- $0.28 per share
- Net income ytd gaap
- $19.5 million
- Book value per share
- 33.15
- Eps diluted non gaap
- 1.11
- Commercial originations q3
- $115.0 million
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