First United Corp reports Q3 2026 earnings and declares dividend
+3 new sources since this summary was written
First United Corporation announced its third‑quarter 2026 results on Oct. 19. GAAP net income rose to $7.2 million, or $1.11 per diluted share, up from $6.9 million a year earlier. The bank also reported nine‑month GAAP net income of $19.5 million, or $3.01 per diluted share, compared with $18.7 million in the same period of 2025. CEO Jason Rush highlighted stronger net interest margin, loan growth and credit quality, while noting inflationary pressures, and the board declared a cash dividend of $0.28 per share.
Why it matters
The higher earnings and dividend increase may support the stock’s yield and could attract income‑focused investors, according to the company’s announcement ().
Key facts
- 1GAAP net income for Q3 2026 was $7.2 million, or $1.11 per diluted share (). prnewswire.com
- 2GAAP net income for Q3 2025 was $6.9 million, or $1.07 per diluted share (). prnewswire.com
- 3GAAP net income for the nine months ended Sep 30 2026 was $19.5 million, or $3.01 per diluted share (). sec.gov
- 4GAAP net income for the nine months ended Sep 30 2025 was $18.7 million, or $2.88 per diluted share (). sec.gov
- 5Net interest margin on a non‑GAAP, fully tax‑equivalent basis was 4.05% for Q3 2026 (). sec.gov
- 6The company declared a cash dividend of $0.28 per share for the quarter (). prnewswire.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.