First United (FUNC) Expected to Announce Earnings on Monday

First United (NASDAQ:FUNC - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Monday, July 21st. Analysts expect First United to post earnings of $0.84 per share and revenue of $21.26 million for the quarter.

First United (NASDAQ:FUNC - Get Free Report) last issued its earnings results on Monday, July 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.08. The business had revenue of $21.65 million for the quarter, compared to analyst estimates of $21.26 million. First United had a net margin of 20.53% and a return on equity of 13.27%. On average, analysts expect First United to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

First United Stock Down 2.9%

Shares of First United stock traded down $1.02 during trading on Thursday, reaching $34.66. The company had a trading volume of 32,557 shares, compared to its average volume of 69,587. The company has a market cap of $224.60 million, a price-to-earnings ratio of 9.50 and a beta of 0.61. The firm's fifty day moving average is $31.28 and its 200-day moving average is $31.87. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.94 and a current ratio of 0.94. First United has a fifty-two week low of $24.66 and a fifty-two week high of $42.50.

First United Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Friday, July 18th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Friday, July 18th. First United's dividend payout ratio is presently 25.29%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC grew its position in First United by 67.4% in the 1st quarter. Jane Street Group LLC now owns 26,035 shares of the bank's stock worth $782,000 after purchasing an additional 10,483 shares during the last quarter. Empowered Funds LLC grew its position in First United by 6.7% in the 1st quarter. Empowered Funds LLC now owns 26,549 shares of the bank's stock worth $797,000 after purchasing an additional 1,656 shares during the last quarter. Goldman Sachs Group Inc. grew its position in First United by 53.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 58,718 shares of the bank's stock worth $1,763,000 after purchasing an additional 20,387 shares during the last quarter. Finally, Millennium Management LLC grew its position in First United by 349.9% in the 1st quarter. Millennium Management LLC now owns 140,586 shares of the bank's stock worth $4,220,000 after purchasing an additional 109,340 shares during the last quarter. Institutional investors own 33.27% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of First United from a "hold" rating to a "buy" rating in a research report on Tuesday, May 20th.

First United Company Profile

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. It offers various deposit products, which includes checking, savings, money market deposit, and regular and individual retirement accounts (IRAs), as well as certificates of deposit.