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First United Corporation Announces Second Quarter And Year To Date 2021 Earnings prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
First United Corporation Announces First Quarter 2021 Earnings Strong earnings per share driven by wealth management, gains, and reduced provision and core expenses Increased dividend resulting in attractive yield News provided by Share this article Share this article OAKLAND, Md., May 4, 2021 /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-month periods ended March 31, 2021 and 2020. First Quarter 2021 Financial Highlights: Total assets grew by $48.4 million when compared to December 31, 2020, a 2.8% increase. Loan and deposit growth were 2.7% and 3.1%, respectively, when compared to December 31, 2020. Net interest margin, on a fully tax equivalent ( FTE ) basis, declined to 3.11% at March 31, 2021 compared to 3.69% at March 31, 2020 and 3.34% at December 31, 2020, attributable to the lower inte ....
BBVA USA Reports First Quarter 2021 Results News provided by Share this article Share this article HOUSTON, April 30, 2021 /PRNewswire/ BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today net income of $385 million for the first quarter of 2021 compared to net income of $334 million in the fourth quarter of 2020 and net loss of $2.2 billion in the first quarter of 2020. Return on average assets and return on average tangible equity 1 for the first quarter of 2021 were 1.49 percent and 16.57 percent, respectively. During the first quarter we delivered solid results while continuing to successfully navigate the challenges to our customers, communities and our employees brought about by the COVID-19 pandemic, said Javier Rodríguez Soler, president and CEO of BBVA USA. Momentum continued in the quarter highlighted by stable revenue and well-contained expenses. At the same time, we continue to maintain strong liqui ....
First United Corporation Announces Fourth Quarter And Full Year 2020 Earnings Earnings per share growth of 10% and pre-tax, pre-provision income growth of 34% year over year despite unprecedented economic environment Strong mortgage and commercial loan production, solid wealth management income, low cost of funds and controlled expenses key contributors to strong earnings Asset quality remains stable as borrowers recover from the impact of COVID-19 News provided by Share this article Share this article OAKLAND, Md., Feb. 19, 2021 /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 full year and three-month periods ended December 31, 2020 and 2019. ....