FUNC (First United) Gross-Profit-to-Asset % : 4.27% (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is First United Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. First United's annualized Gross Profit for the quarter that ended in Dec. 2024 was $83.02 Mil. First United's average Total Assets over the quarter that ended in Dec. 2024 was $1,944.57 Mil. Therefore, First United's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 4.27%.

First United Gross-Profit-to-Asset % Historical Data

The historical data trend for First United's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First United Gross-Profit-to-Asset % Chart

First United Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

4.24

4.21

4.23

3.80

4.11

First United Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															3.91	4.25	4.28	4.27	4.24

Competitive Comparison of First United's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, First United's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First United's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First United's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where First United's Gross-Profit-to-Asset % falls into.

Save Embed

;

Save Embed

;

First United Gross-Profit-to-Asset % Calculation

First United's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Dec. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	79.789	/	( (1905.86	+	1973.022)	/ 2 )
	=	79.789	/	1939.441
	=	4.11 %

First United's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	83.024	/	( (1916.126	+	1973.022)	/ 2 )
	=	83.024	/	1944.574
	=	4.27 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

First United Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of First United's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

First United Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First United Corp (NAS:FUNC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 South Second Street, Oakland, MD, USA, 21550-0009

Website

https://www.mybank.com

First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings. The company's reportable operating segments include community banking and wealth management. The company generates the majority of its revenue from the Community Banking segment, which is engaged in delivering financial products and services, including various loan and deposit products, to consumer, business, and not-for-profit customers.

Executives

Carissa Lynn Rodeheaver	officer: Chief Financial Officer	19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal	director	19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush	officer: VP and Director of Operations	19 SOUTH SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy	director	121 NORTH SECOND ST, OAKLAND MD 21550
Marisa A. Shockley	director	19 S. SECOND STREET, OAKLAND MD 21550
Kevin Hessler	director	19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran	director	19 S. SECOND STREET, OAKLAND MD 21550
John F. Barr	director	19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro	director	19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon	director	19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha	director	19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey	director	P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald	director	672 WHITE OAK DR, SWANTON MD 21561