First United Corporation (FUNC)

NASDAQ: FUNC · IEX Real-Time Price · USD
17.13
+0.05 (0.26%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.26%
Market Cap 114.16M
Revenue (ttm) 76.33M
Net Income (ttm) 25.05M
Shares Out 6.67M
EPS (ttm) 3.76
PE Ratio 4.55
Forward PE n/a
Dividend $0.63 (3.68%)
Ex-Dividend Date Jan 12, 2023
Volume 4,465
Open 17.08
Previous Close 17.08
Day's Range 17.08 - 17.17
52-Week Range 16.18 - 24.00
Beta 0.75
Analysts Buy
Price Target 25.50 (+48.91%)
Earnings Date Apr 19, 2023

About FUNC

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipali... [Read more]

Sector Financials
Founded 1900
Employees 273
Stock Exchange NASDAQ
Ticker Symbol FUNC
Full Company Profile

Financial Performance

In 2022, First United's revenue was $76.33 million, an increase of 2.99% compared to the previous year's $74.11 million. Earnings were $25.05 million, an increase of 26.70%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FUNC stock is "Buy." The 12-month stock price forecast is $25.5, which is an increase of 48.91% from the latest price.

Price Target
$25.5
(48.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2023 DIVIDEND

OAKLAND, Md. , March 8, 2023 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.20 per share that will be payable on May 1, 202...

3 weeks ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2022 EARNINGS

OAKLAND, Md. , Feb. 9, 2023 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings r...

1 month ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2023 DIVIDEND

OAKLAND, Md. , Dec. 1, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.18 per share that will be payable on February 1,...

4 months ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2022 EARNINGS

OAKLAND, Md. , Oct. 20, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings ...

5 months ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2022 DIVIDEND

OAKLAND, Md. , Sept. 28, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.15 per share that will be payable on November ...

6 months ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2022 EARNINGS

OAKLAND, Md. , July 25, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings ...

8 months ago - PRNewsWire

First United Corporation (FUNC) Earnings Expected to Grow: What to Know Ahead of Q2 Release

First United Corporation (FUNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Is First United (FUNC) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

9 months ago - Zacks Investment Research

Strength Seen in First United Corporation (FUNC): Can Its 7.2% Jump Turn into More Strength?

First United Corporation (FUNC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in t...

9 months ago - Zacks Investment Research

FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2022 DIVIDEND

OAKLAND, Md. , June 29, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.15 per share that will be payable on August 1, ...

9 months ago - PRNewsWire

Is First United (FUNC) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

10 months ago - Zacks Investment Research

Should Value Investors Buy First United (FUNC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

10 months ago - Zacks Investment Research

After Plunging 19.1% in 4 Weeks, Here's Why the Trend Might Reverse for First United Corporation (FUNC)

The heavy selling pressure might have exhausted for First United Corporation (FUNC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall S...

11 months ago - Zacks Investment Research

Are Investors Undervaluing First United (FUNC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

11 months ago - Zacks Investment Research

Here's Why First United Corporation (FUNC) Could be Great Choice for a Bottom Fisher

First United Corporation (FUNC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agree...

11 months ago - Zacks Investment Research

First United Corporation (FUNC) Upgraded to Buy: What Does It Mean for the Stock?

First United Corporation (FUNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 year ago - Zacks Investment Research

First United Corporation (FUNC) Q1 Earnings Top Estimates

First United Corporation (FUNC) delivered earnings and revenue surprises of 8.86% and 0.14%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2022 EARNINGS

OAKLAND, Md. , April 21, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings...

1 year ago - PRNewsWire

FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2022 DIVIDEND

OAKLAND, Md. , March 18, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.15 per share that will be payable on May 2, 20...

1 year ago - PRNewsWire

Best Momentum Stocks to Buy for March 9th

KR, FUNC, and SOI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 9, 2022.

Other symbols: KRSOI
1 year ago - Zacks Investment Research

First United Corporation (FUNC) Upgraded to Strong Buy: Here's Why

First United Corporation (FUNC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near ter...

1 year ago - Zacks Investment Research

Can First United Corporation (FUNC) Run Higher on Rising Earnings Estimates?

First United Corporation (FUNC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 year ago - Zacks Investment Research

First United Corporation (FUNC) Surpasses Q4 Earnings and Revenue Estimates

First United Corporation (FUNC) delivered earnings and revenue surprises of 37.50% and 14.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the s...

1 year ago - Zacks Investment Research

FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER AND YEAR TO DATE 2021 EARNINGS

OAKLAND, Md., Feb. 4, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings re...

1 year ago - PRNewsWire

New Strong Buy Stocks for December 31st

DDI, FUNC, GDP, HFC, and RAMP have been added to the Zacks Rank #1 (Strong Buy) List on December 31, 2021.

Other symbols: DDIRAMP
1 year ago - Zacks Investment Research