First United Corporation (FUNC) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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FUNC Revenue Growth
Revenue Breakdown (FY 2024)
FUNC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
FUNC Revenue Analysis (2013–2024)
As of May 6, 2026, First United Corporation (FUNC) generated trailing twelve-month (TTM) revenue of $118.8 million, reflecting solid growth of +9.7% year-over-year. The most recent quarter (Q3 2025) recorded $31.1 million in revenue, up 3.7% sequentially.
Looking at the longer-term picture, FUNC's 5-year compound annual growth rate (CAGR) stands at +8.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $111.8 million in 2024, representing a new all-time high.
Revenue diversification analysis shows FUNC's business is primarily driven by Trust Department (51%), Debit Card Income (23%), and Service Charges on Deposit Accounts (13%). With over half of revenue concentrated in Trust Department, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including CZWI, MNSB, and NKSH. Compare FUNC vs CZWI →
FUNC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FUNCCurrent | $119M | +9.7% | +8.4% | 24.4% | |
 CZWI | $90M | - | - | 7.0% | |
 MNSB | $136M | - | - | 14.0% | |
 NKSH | $85M | - | - | 22.5% | |
 BWFG | $208M | - | - | 23.3% | |
 FXNC | $112M | - | - | 19.6% |
FUNC Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $111.8M | - | $76.9M | 68.8% | $27.2M | 24.4% |
| 2023 | $95.6M | - | $69.7M | 73.0% | $19.5M | 20.4% |
| 2022 | $80.4M | - | $76.3M | 94.8% | $33.2M | 41.2% |
| 2021 | $78.6M | - | $73.7M | 93.8% | $26.3M | 33.5% |
| 2020 | $76.9M | - | $61.9M | 80.4% | $17.8M | 23.1% |
| 2019 | $74.7M | - | $61.9M | 82.8% | $16.5M | 22.0% |
| 2018 | $67.5M | - | $57.3M | 84.9% | $13.4M | 19.9% |
| 2017 | $61.3M | - | $51.4M | 83.8% | $12.2M | 19.9% |
| 2016 | $60.5M | - | $49.2M | 81.3% | $10.1M | 16.6% |
| 2015 | $59.5M | - | $49.0M | 82.4% | $19.5M | 32.7% |
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Start ComparisonFUNC — Frequently Asked Questions
Quick answers to the most common questions about buying FUNC stock.
Is FUNC's revenue growth accelerating or slowing?
FUNC maintains +9.7% revenue growth, in line with its 5-year CAGR of +8.4%. TTM revenue stands at $119M. Growth rate remains consistent with historical average.
What is FUNC's long-term revenue growth rate?
First United Corporation's 5-year revenue CAGR of +8.4% reflects the sustained expansion pattern. Current YoY growth of +9.7% is near this long-term average.
How is FUNC's revenue distributed by segment?
FUNC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.