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First United Q1 FY26 net income rises 15.4% to $6.7 million

PUBT·04/20/2026 20:38:19
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First United Q1 FY26 net income rises 15.4% to $6.7 million
  • First United posted Q1 2026 GAAP net income of $6.7 million, up 15.5%.
  • Diluted EPS rose to $1.03.
  • Net interest margin widened to 3.83% on higher loan yields and lower funding costs.
  • Provision for credit losses increased to $0.9 million; deposits grew by $15.5 million including repayment of a $25 million brokered certificate of deposit.
  • CEO Jason Rush cited continued margin expansion and solid credit performance, saying balance sheet is well-positioned as the company enters 2026 with positive momentum.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First United Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604201636PR_NEWS_USPR_____NE38834) on April 20, 2026, and is solely responsible for the information contained therein.