FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2023 EARNINGS

February 5, 2024

https://www.prnewswire.com/news-releases/first-united-corporation-announces-fourth-quarter-2023-earnings-302053475.html

OAKLAND, Md., Feb. 5, 2024 /PRNewswire/ — First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the “Bank”), today announced earnings results for the three- and twelve-month periods ended December 31, 2023.  For the year ended December 31, 2023, consolidated net income was $15.1 million, or $2.25 per basic share and $2.24 per diluted share, compared to $25.0 million, or $3.77 per basic share and $3.76 per diluted share, for the year ended December 31, 2022.

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