First United Corporation (FUNC) Q3 FY2026 earnings

Reported results

• Q3 2026 GAAP net income: $7.2 million ($1.11 per diluted share); Q3 2025 GAAP net income: $6.9 million ($1.07 per diluted share)
• Nine-month 2026 GAAP net income: $19.5 million ($3.01 per diluted share); nine-month 2025 GAAP net income: $18.7 million ($2.88 per diluted share)
• Q3 2026 non-GAAP net income: $7.2 million; nine-month 2026 non-GAAP net income: $21.1 million
• Net interest margin (non-GAAP, FTE basis) was 4.05% for Q3 2026, compared to 3.98% for Q2 2026
• Provision for credit losses: $1.9 million for Q3 2026, $0.5 million for Q3 2025; $3.6 million for nine months 2026, $2.0 million for nine months 2025
• Cash dividend declared in Q3 2026: $0.28 per share

Notes

The Q2 2026 GAAP net income of $5.7 million included a one-time, $1.7 million net-of-tax consulting expense for core processor contract negotiations. Non-GAAP measures exclude gains on disposal of fixed assets and consulting fees related to core processing contract. Effective income tax rates: 24.1% for nine months 2026 and 24.7% for nine months 2025.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-19 (8-K, Item 2.02). Read the original filing on sec.gov.