First Historical Income Statement

FUNC Stock  USD 34.97  0.56  1.63%   
Historical analysis of First United income statement accounts such as Selling General Administrative of 19.7 M or Total Revenue of 53.4 M can show how well First United performed in making a profits. Evaluating First United income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First United's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First United latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First United is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

About First Income Statement Analysis

First United Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First United shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First United Income Statement Chart

At present, First United's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 25.4 M, whereas Depreciation And Amortization is forecasted to decline to about 2.8 M.

Total Revenue

Total revenue comprises all receipts First United generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First United minus its cost of goods sold. It is profit before First United operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First United. It is also known as First United overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from First United's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First United current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First United's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 25.4 M, whereas Depreciation And Amortization is forecasted to decline to about 2.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.7M4.8M4.9M4.7M
Depreciation And Amortization3.4M3.6M4.9M2.8M

First United income statement Correlations

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0.94-0.60.840.850.650.41-0.18-0.08-0.320.66-0.040.690.450.290.77-0.030.80.810.480.740.52
0.9-0.580.480.850.840.72-0.280.0-0.350.630.070.670.420.410.770.10.920.940.670.860.73
0.79-0.610.350.650.840.83-0.51-0.07-0.490.540.250.570.350.350.71-0.150.860.910.520.910.73
0.5-0.60.090.410.720.83-0.55-0.1-0.010.330.580.330.280.270.520.090.680.770.750.630.9
-0.230.21-0.11-0.18-0.28-0.51-0.550.8-0.030.33-0.590.320.290.060.140.39-0.13-0.35-0.47-0.21-0.68
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0.66-0.710.420.660.630.540.330.330.48-0.53-0.260.980.860.470.950.150.830.680.140.770.14
-0.1-0.320.02-0.040.070.250.58-0.59-0.410.5-0.26-0.32-0.05-0.09-0.12-0.09-0.040.120.55-0.130.61
0.71-0.640.440.690.670.570.330.320.48-0.560.98-0.320.750.480.970.10.850.710.140.810.16
0.38-0.750.280.450.420.350.280.290.41-0.340.86-0.050.750.330.730.260.630.470.110.510.08
0.43-0.14-0.030.290.410.350.270.06-0.08-0.370.47-0.090.480.330.48-0.080.490.560.250.470.32
0.79-0.710.50.770.770.710.520.140.36-0.490.95-0.120.970.730.480.10.910.820.330.860.38
-0.030.05-0.13-0.030.1-0.150.090.390.470.210.15-0.090.10.26-0.080.10.02-0.040.2-0.080.05
0.87-0.710.450.80.920.860.68-0.130.2-0.50.83-0.040.850.630.490.910.020.950.460.960.56
0.91-0.630.450.810.940.910.77-0.35-0.06-0.420.680.120.710.470.560.82-0.040.950.610.930.75
0.48-0.380.180.480.670.520.75-0.47-0.290.230.140.550.140.110.250.330.20.460.610.350.87
0.88-0.60.390.740.860.910.63-0.210.13-0.670.77-0.130.810.510.470.86-0.080.960.930.350.51
0.58-0.420.250.520.730.730.9-0.68-0.40.10.140.610.160.080.320.380.050.560.750.870.51
Click cells to compare fundamentals

First United Account Relationship Matchups

First United income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.4M3.6M3.4M3.6M4.9M2.8M
Interest Expense11.5M9.7M5.7M4.8M4.9M4.7M
Selling General Administrative25.9M22.6M25.9M25.2M29.6M19.7M
Total Revenue63.2M67.1M73.7M75.7M95.1M53.4M
Gross Profit28.2M34.4M41.0M41.8M56.5M38.8M
Other Operating Expenses46.7M48.8M47.4M34.4M75.6M79.3M
Operating Income16.5M18.4M26.3M34.3M81.4M85.4M
Ebit16.5M17.8M26.3M33.2M9.6M9.1M
Ebitda19.9M21.3M29.7M36.8M14.5M25.4M
Total Operating Expenses(46.7M)(48.8M)(47.4M)543K14.3M8.1M
Income Before Tax16.5M18.4M26.3M33.2M19.5M12.3M
Total Other Income Expense Net(22K)(789K)5.6M(5.3M)19.5M20.4M
Net Income13.1M13.8M19.8M25.0M15.1M8.9M
Income Tax Expense3.4M4.1M6.5M8.1M4.4M3.3M
Cost Of Revenue35.0M32.7M32.7M33.8M38.6M27.2M
Net Income Applicable To Common Shares13.1M13.8M19.8M25.0M28.8M30.2M
Net Income From Continuing Ops13.1M14.3M19.8M25.0M20.3M12.6M
Tax Provision3.3M4.1M6.5M8.1M5.9M5.7M
Net Interest Income46.4M48.5M52.5M57.6M57.9M51.3M
Interest Income57.9M58.2M58.3M62.4M76.3M61.5M
Selling And Marketing Expenses418K573K535K543K762K612.4K
Reconciled Depreciation3.4M3.6M3.4M3.6M3.8M3.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First United offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First United's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First United Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First United Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First United. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First United listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.328
Dividend Share
0.8
Earnings Share
2.46
Revenue Per Share
10.808
Quarterly Revenue Growth
0.075
The market value of First United is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First United's value that differs from its market value or its book value, called intrinsic value, which is First United's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First United's market value can be influenced by many factors that don't directly affect First United's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First United's value and its price as these two are different measures arrived at by different means. Investors typically determine if First United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First United's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.