First United Q4 non-GAAP income rises

Reuters

02/05

First United Q4 non-GAAP income rises

Overview

Bank holding company's Q4 GAAP net income decreased compared to Q4 2024
Non-GAAP net income for Q4 2025 increased, reflecting record core earnings
Company faced high commercial loan payoffs despite strong loan production

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

NET INTEREST MARGIN - Strong net interest margin of 3.75% in Q4 2025, driven by increased loan yields and stable funding costs
LOAN PRODUCTION - Strong loan production with $108.0 mln in commercial loan originations and $25.3 mln in residential mortgage originations, offset by high commercial loan payoffs
OREO WRITE-DOWN - Operating expenses increased due to a $1.6 mln write-down on a legacy loan participation now in OREO

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 EPS		$0.89
Q4 Net Income		$5.80 mln
Q4 Net Interest Income		$17.99 mln
Q4 Pretax Profit		$7.63 mln	$8.24 mln (1 Analyst)
Q4 Basic EPS		$0.89
Q4 Net Interest Margin		3.66%
Q4 Provision for Credit Loan Losses		$717,000

Analyst Coverage

The one available analyst rating on the shares is "buy"
The average consensus recommendation for the banks peer group is "hold."
Wall Street's median 12-month price target for First United Corp is $42.00, about 5.7% above its February 3 closing price of $39.72
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn77c70Sa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2609315898"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609315898\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609315898?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-05 05:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609315898","market":"us","top_or_hot":-1,"title":"First United Q4 non-GAAP income rises","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>First United Q4 non-GAAP income rises</title></head><body><p><span>Overview</span></p><ul><li><p>Bank holding company's Q4 GAAP net income decreased compared to Q4 2024</p></li><li><p>Non-GAAP net income for Q4 2025 increased, reflecting record core earnings</p></li><li><p>Company faced high commercial loan payoffs despite strong loan production</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific guidance for future quarters or full year</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>NET INTEREST MARGIN - Strong net interest margin of 3.75% in Q4 2025, driven by increased loan yields and stable funding costs</p></li><li><p>LOAN PRODUCTION - Strong loan production with $108.0 mln in commercial loan originations and $25.3 mln in residential mortgage originations, offset by high commercial loan payoffs</p></li><li><p>OREO WRITE-DOWN - Operating expenses increased due to a $1.6 mln write-down on a legacy loan participation now in OREO</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>$0.89</p></td><td></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$5.80 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$17.99 mln</p></td><td></td></tr><tr><td><p>Q4 Pretax Profit</p></td><td></td><td><p>$7.63 mln</p></td><td><p>$8.24 mln (1 Analyst)</p></td></tr><tr><td><p>Q4 Basic EPS</p></td><td></td><td><p>$0.89</p></td><td></td></tr><tr><td><p>Q4 Net Interest Margin</p></td><td></td><td><p>3.66%</p></td><td></td></tr><tr><td><p>Q4 Provision for Credit Loan Losses</p></td><td></td><td><p>$717,000</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The one available analyst rating on the shares is \"buy\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"hold.\"</p></li><li><p>Wall Street's median 12-month price target for First United Corp is $42.00, about 5.7% above its February 3 closing price of $39.72</p></li><li><p>The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago</p></li></ul><p>Press Release: <span>ID:nPn77c70Sa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First United Q4 non-GAAP income rises</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst United Q4 non-GAAP income rises\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2026-02-05 05:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>First United Q4 non-GAAP income rises</title></head><body><p><span>Overview</span></p><ul><li><p>Bank holding company's Q4 GAAP net income decreased compared to Q4 2024</p></li><li><p>Non-GAAP net income for Q4 2025 increased, reflecting record core earnings</p></li><li><p>Company faced high commercial loan payoffs despite strong loan production</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific guidance for future quarters or full year</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>NET INTEREST MARGIN - Strong net interest margin of 3.75% in Q4 2025, driven by increased loan yields and stable funding costs</p></li><li><p>LOAN PRODUCTION - Strong loan production with $108.0 mln in commercial loan originations and $25.3 mln in residential mortgage originations, offset by high commercial loan payoffs</p></li><li><p>OREO WRITE-DOWN - Operating expenses increased due to a $1.6 mln write-down on a legacy loan participation now in OREO</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>$0.89</p></td><td></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>$5.80 mln</p></td><td></td></tr><tr><td><p>Q4 Net Interest Income</p></td><td></td><td><p>$17.99 mln</p></td><td></td></tr><tr><td><p>Q4 Pretax Profit</p></td><td></td><td><p>$7.63 mln</p></td><td><p>$8.24 mln (1 Analyst)</p></td></tr><tr><td><p>Q4 Basic EPS</p></td><td></td><td><p>$0.89</p></td><td></td></tr><tr><td><p>Q4 Net Interest Margin</p></td><td></td><td><p>3.66%</p></td><td></td></tr><tr><td><p>Q4 Provision for Credit Loan Losses</p></td><td></td><td><p>$717,000</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The one available analyst rating on the shares is \"buy\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"hold.\"</p></li><li><p>Wall Street's median 12-month price target for First United Corp is $42.00, about 5.7% above its February 3 closing price of $39.72</p></li><li><p>The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago</p></li></ul><p>Press Release: <span>ID:nPn77c70Sa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FUNC","symbol_name":"馬里蘭第一聯合","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260204:nL1N3Z01EE:1","article_id":"2609315898","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609315898","pubTimestamp":1770240118,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"First United Q4 non-GAAP income risesOverviewBank holding company's Q4 GAAP net income decreased compared to Q4 2024Non-GAAP net income for Q4 2025 increased, reflecting record core earningsCompany fa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FUNC":"马里兰第一联合","BK4211":"区域性银行"},"translate_title":"First United第四季度非GAAP收入增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FUNC":0.9},"content_text":"First United Q4 non-GAAP income risesOverviewBank holding company's Q4 GAAP net income decreased compared to Q4 2024Non-GAAP net income for Q4 2025 increased, reflecting record core earningsCompany faced high commercial loan payoffs despite strong loan productionOutlookCompany did not provide specific guidance for future quarters or full yearResult DriversNET INTEREST MARGIN - Strong net interest margin of 3.75% in Q4 2025, driven by increased loan yields and stable funding costsLOAN PRODUCTION - Strong loan production with $108.0 mln in commercial loan originations and $25.3 mln in residential mortgage originations, offset by high commercial loan payoffsOREO WRITE-DOWN - Operating expenses increased due to a $1.6 mln write-down on a legacy loan participation now in OREOKey DetailsMetricBeat/MissActualConsensus EstimateQ4 EPS$0.89Q4 Net Income$5.80 mlnQ4 Net Interest Income$17.99 mlnQ4 Pretax Profit$7.63 mln$8.24 mln (1 Analyst)Q4 Basic EPS$0.89Q4 Net Interest Margin3.66%Q4 Provision for Credit Loan Losses$717,000Analyst CoverageThe one available analyst rating on the shares is \"buy\"The average consensus recommendation for the banks peer group is \"hold.\"Wall Street's median 12-month price target for First United Corp is $42.00, about 5.7% above its February 3 closing price of $39.72The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months agoPress Release: ID:nPn77c70SaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}