First United (FUNC) revenue breakdown
By product, Trust department is the largest at 53% of fiscal 2025 revenue; Debit card income grew fastest, 7% a year over 7 years.
Revenue by product
Fiscal years, as First United reports them in its 10-K filings; fiscal 2025 total $18M.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Trust department | $7M | $7M | $7M | $9M | $8M | $8M | $9M | $10M | 53% |
| Debit card income | $3M | $3M | $3M | $4M | $4M | $4M | $4M | $4M | 22% |
| Service charges on deposit accounts | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | 12% |
| Brokerage commissions | $1M | $919,000 | $1M | $1M | $1M | $1M | $1M | $1M | 8% |
| Other service charges | — | — | $699,000 | $909,000 | $925,000 | $929,000 | $887,000 | $845,000 | 5% |
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Where does First United make its money?
In fiscal 2025, by product: Trust department $10M, Debit card income $4M, Service charges on deposit accounts $2M, Brokerage commissions $1M, Other service charges $845,000.
From First United's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.