First United annual debt-to-equity ratio
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2025
First United Debt-to-Equity Ratio Growth & History (FUNC)
First United's debt-to-equity ratio was 0.56 for fiscal 2025.
View full First United company overviewFirst United annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.56 | −0.48 | −46.17% |
| 2024 | 2024-12-31 | 1.05 | 0.07 | +7.33% |
| 2023 | 2023-12-31 | 0.98 | 0.33 | +51.30% |
| 2022 | 2022-12-31 | 0.64 | 0.00 | +0.11% |
| 2021 | 2021-12-31 | 0.64 | −0.52 | −44.85% |
| 2020 | 2020-12-31 | 1.17 | −0.05 | −3.80% |
| 2019 | 2019-12-31 | 1.21 | −0.31 | −20.44% |
| 2018 | 2018-12-31 | 1.53 | −0.04 | −2.58% |
| 2017 | 2017-12-31 | 1.57 | 0.09 | +6.17% |
| 2016 | 2016-12-31 | 1.48 | −0.04 | −2.83% |
| 2015 | 2015-12-31 | 1.52 | −0.52 | −25.59% |
| 2014 | 2014-12-31 | 2.04 | −0.18 | −8.16% |
| 2013 | 2013-12-31 | 2.22 | −0.01 | −0.50% |
| 2012 | 2012-12-31 | 2.23 | −0.29 | −11.52% |
| 2011 | 2011-12-31 | 2.52 | −0.02 | −0.72% |
| 2010 | 2010-12-31 | 2.54 | — | — |
First United quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.48 | −0.43 | −47.40% |
| Q1 2026 | 2026-03-31 | 0.25 | −0.52 | −67.60% |
| Q4 2025 | 2025-12-31 | 0.56 | −0.48 | −46.17% |
| Q3 2025 | 2025-09-30 | 0.59 | −0.40 | −40.58% |
| Q2 2025 | 2025-06-30 | 0.91 | 0.08 | +10.22% |
| Q1 2025 | 2025-03-31 | 0.78 | −0.14 | −15.45% |
| Q4 2024 | 2024-12-31 | 1.05 | 0.07 | +7.33% |
| Q3 2024 | 2024-09-30 | 0.99 | −0.08 | −7.77% |
| Q2 2024 | 2024-06-30 | 0.82 | −0.23 | −22.00% |
| Q1 2024 | 2024-03-31 | 0.92 | −0.16 | −15.21% |
| Q4 2023 | 2023-12-31 | 0.98 | 0.33 | +51.30% |
| Q3 2023 | 2023-09-30 | 1.07 | 0.14 | +15.28% |
| Q2 2023 | 2023-06-30 | 1.05 | 0.28 | +35.38% |
| Q1 2023 | 2023-03-31 | 1.08 | 0.41 | +60.44% |
| Q4 2022 | 2022-12-31 | 0.64 | 0.00 | +0.11% |
| Q3 2022 | 2022-09-30 | 0.93 | 0.14 | +17.49% |
| Q2 2022 | 2022-06-30 | 0.78 | −0.40 | −33.72% |
| Q1 2022 | 2022-03-31 | 0.67 | −0.53 | −43.91% |
| Q4 2021 | 2021-12-31 | 0.64 | −0.52 | −44.85% |
| Q3 2021 | 2021-09-30 | 0.79 | −0.41 | −33.97% |
| Q2 2021 | 2021-06-30 | 1.17 | 0.05 | +4.35% |
| Q1 2021 | 2021-03-31 | 1.20 | −0.01 | −0.62% |
| Q4 2020 | 2020-12-31 | 1.17 | −0.05 | −3.80% |
| Q3 2020 | 2020-09-30 | 1.20 | 0.01 | +0.56% |
| Q2 2020 | 2020-06-30 | 1.13 | 0.05 | +4.93% |
| Q1 2020 | 2020-03-31 | 1.21 | 0.04 | +2.99% |
| Q4 2019 | 2019-12-31 | 1.21 | −0.31 | −20.44% |
| Q3 2019 | 2019-09-30 | 1.20 | −0.43 | −26.42% |
| Q2 2019 | 2019-06-30 | 1.07 | −0.25 | −18.63% |
| Q1 2019 | 2019-03-31 | 1.18 | −0.36 | −23.67% |
| Q4 2018 | 2018-12-31 | 1.53 | −0.04 | −2.58% |
| Q3 2018 | 2018-09-30 | 1.62 | 0.24 | +17.71% |
| Q2 2018 | 2018-06-30 | 1.32 | 0.08 | +6.89% |
| Q1 2018 | 2018-03-31 | 1.54 | 0.18 | +13.26% |
| Q4 2017 | 2017-12-31 | 1.57 | 0.09 | +6.17% |
| Q3 2017 | 2017-09-30 | 1.38 | −0.21 | −13.24% |
| Q2 2017 | 2017-06-30 | 1.23 | −0.24 | −16.47% |
| Q1 2017 | 2017-03-31 | 1.36 | −0.23 | −14.66% |
| Q4 2016 | 2016-12-31 | 1.48 | −0.04 | −2.83% |
| Q3 2016 | 2016-09-30 | 1.59 | −0.03 | −2.02% |
| Q2 2016 | 2016-06-30 | 1.48 | −0.34 | −18.86% |
| Q1 2016 | 2016-03-31 | 1.59 | −0.30 | −15.89% |
| Q4 2015 | 2015-12-31 | 1.52 | −0.52 | −25.59% |
| Q3 2015 | 2015-09-30 | 1.62 | −0.43 | −20.97% |
| Q2 2015 | 2015-06-30 | 1.82 | −0.15 | −7.70% |
| Q1 2015 | 2015-03-31 | 1.89 | −0.17 | −8.12% |
| Q4 2014 | 2014-12-31 | 2.04 | −0.18 | −8.16% |
| Q3 2014 | 2014-09-30 | 2.05 | −0.38 | −15.47% |
| Q2 2014 | 2014-06-30 | 1.97 | −0.42 | −17.52% |
| Q1 2014 | 2014-03-31 | 2.06 | −0.11 | −5.06% |
| Q4 2013 | 2013-12-31 | 2.22 | −0.01 | −0.50% |
| Q3 2013 | 2013-09-30 | 2.43 | 0.04 | +1.79% |
| Q2 2013 | 2013-06-30 | 2.39 | −0.09 | −3.47% |
| Q1 2013 | 2013-03-31 | 2.17 | −0.04 | −1.59% |
| Q4 2012 | 2012-12-31 | 2.23 | −0.29 | −11.52% |
| Q3 2012 | 2012-09-30 | 2.39 | 0.28 | +13.24% |
| Q2 2012 | 2012-06-30 | 2.48 | 0.36 | +16.98% |
| Q1 2012 | 2012-03-31 | 2.21 | — | — |
| Q4 2011 | 2011-12-31 | 2.52 | −0.02 | −0.72% |
| Q3 2011 | 2011-09-30 | 2.11 | — | — |
| Q2 2011 | 2011-06-30 | 2.12 | — | — |
| Q4 2010 | 2010-12-31 | 2.54 | — | — |
First United debt-to-equity ratio trends
Over the last five fiscal years, First United's debt-to-equity ratio decreased from 1.17 to 0.56, a change of −0.60. The latest reported quarter, Q2 2026, shows 0.48.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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