First United Corporation Q1 Profit Rises

(RTTNews) - First United Corporation (FUNC) released earnings for its first quarter that Increases, from the same period last year

The company's bottom line totaled $6.66 million, or $1.03 per share. This compares with $5.80 million, or $0.89 per share, last year.

Excluding items, First United Corporation reported adjusted earnings of $6.62 million or $1.02 per share for the period.

The company's revenue for the period rose 6.9% to $25.71 million from $24.06 million last year.

First United Corporation earnings at a glance (GAAP) :

-Earnings: $6.66 Mln. vs. $5.80 Mln. last year. -EPS: $1.03 vs. $0.89 last year. -Revenue: $25.71 Mln vs. $24.06 Mln last year.