FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS

OAKLAND, Md., July 22, 2024 /PRNewswire/ -- First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and six-month periods ended June 30, 2024.  Consolidated net income was $4.9 million, or $0.75 per diluted share, for the second quarter of 2024, compared to $4.4 million, or $0.66 per diluted share, for the second quarter of 2023 and $3.7 million, or $0.56 per diluted share, for the first quarter of 2024.  Year to date income was $8.6 million, or $1.31 per diluted share, compared to $8.8 million, or $1.31 per diluted share, for the six months ended June 30, 2023.

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