- First United press release (NASDAQ:FUNC): Q1 Non-GAAP EPS of $0.62 beats by $0.06.
- Income of $18.61M (-1.3% Y/Y) misses by $0.14M.
- The ebook worth of the Company’s widespread inventory was $24.89 per share at March 31, 2024 in comparison with $24.38 per share at December 31, 2023.
- Internet curiosity earnings, on a non-GAAP, FTE foundation, decreased by $0.9 million for the primary quarter of 2024 when in comparison with the primary quarter of 2023.
- The efficient earnings tax charges as a proportion of earnings for the three-month durations ended March 31, 2024 and March 31, 2023 have been 23.9% and 23.6%, respectively.
- The allowance for credit score losses was $18.0 million at March 31, 2024 in comparison with $16.9 million recorded at March 31, 2023 and $17.5 million at December 31, 2023.
- The supply for credit score losses was $0.9 million for the quarter ended March 31, 2024 in comparison with $0.5 million for the quarter ended March 31, 2023 and $0.4 million for the fourth quarter of 2023.