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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:FUNC

First United (FUNC) Stock Forecast, Price & News

$16.20
-0.02 (-0.12%)
(As of 09/22/2023 ET)
Compare
Today's Range
$16.20
$16.42
50-Day Range
$15.97
$17.34
52-Week Range
$12.56
$20.94
Volume
4,733 shs
Average Volume
4,044 shs
Market Capitalization
$108.70 million
P/E Ratio
4.78
Dividend Yield
4.94%
Price Target
N/A

First United MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of First United in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$13,986 Bought Last Quarter
Proj. Earnings Growth
-8.20%
From $2.56 to $2.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

275th out of 842 stocks

National Commercial Banks Industry

46th out of 84 stocks


FUNC stock logo

About First United (NASDAQ:FUNC) Stock

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, and money market deposit accounts, as well as certificates of deposit. The company loan portfolio includes commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. It also offers access to multi-million-dollar certificates of deposit and the insured cash sweep program including multi-million-dollar savings and demand deposits to municipalities, businesses, and consumers; and treasury management, cash sweep, and various checking services. In addition, the company provides trust services, which includes personal trust, investment agency accounts, charitable trusts, retirement accounts including IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning; and insurance products, brokerage services, and safe deposit and night depository facilities. First United Corporation was incorporated in 1984 and is headquartered in Oakland, Maryland.

FUNC Price History

FUNC Stock News Headlines

WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
Bank Collapse Causes Gold Prices to Soar
Silicon Valley Bank was the second-largest bank in American history to fail, and investors have started piling into the safety and security of gold. But if you're not taking advantage of a little-known way to invest for around $5 today, you're missing out.
See More Headlines
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FUNC Company Calendar

Ex-Dividend for 8/1 Dividend
7/17/2023
Last Earnings
7/24/2023
Dividend Payable
8/01/2023
Today
9/24/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:FUNC
Employees
298
Year Founded
N/A

Profitability

Net Income
$25.05 million
Pretax Margin
33.52%

Debt

Sales & Book Value

Annual Sales
$80.30 million
Cash Flow
$4.18 per share
Book Value
$22.80 per share

Miscellaneous

Free Float
6,181,000
Market Cap
$108.70 million
Optionable
Not Optionable
Beta
0.83
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Key Executives

  • Ms. Carissa L. Rodeheaver CPA (Age 57)
    CFP, CPA, Chairman, Pres & CEO
    Comp: $610.46k
  • Mr. Jason B. Rush (Age 52)
    Sr. VP & COO
    Comp: $376.76k
  • Mr. Robert L. Fisher II (Age 54)
    Sr. VP & Chief Revenue Officer
    Comp: $393.83k
  • Ms. Tonya K. Sturm (Age 56)
    Sr. VP, CFO, Corp. Sec. & Treasurer
  • Mr. Keith R. Sanders M.B.A. (Age 53)
    Sr. VP & Sr. Trust Officer













FUNC Stock - Frequently Asked Questions

How have FUNC shares performed in 2023?

First United's stock was trading at $19.65 on January 1st, 2023. Since then, FUNC stock has decreased by 17.6% and is now trading at $16.20.
View the best growth stocks for 2023 here
.

Are investors shorting First United?

First United saw a drop in short interest in August. As of August 31st, there was short interest totaling 6,000 shares, a drop of 32.6% from the August 15th total of 8,900 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short.
View First United's Short Interest
.

When is First United's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our FUNC earnings forecast
.

How were First United's earnings last quarter?

First United Co. (NASDAQ:FUNC) announced its quarterly earnings data on Monday, July, 24th. The bank reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by $0.06. The bank had revenue of $18.74 million for the quarter, compared to analysts' expectations of $19 million. First United had a trailing twelve-month return on equity of 15.34% and a net margin of 25.36%.

How often does First United pay dividends? What is the dividend yield for First United?

First United declared a quarterly dividend on Wednesday, June 28th. Stockholders of record on Tuesday, July 18th will be paid a dividend of $0.20 per share on Tuesday, August 1st. This represents a $0.80 annualized dividend and a yield of 4.94%. The ex-dividend date is Monday, July 17th.
Read our dividend analysis for FUNC
.

Is First United a good dividend stock?

First United (NASDAQ:FUNC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.94%. FUNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUNC will have a dividend payout ratio of 34.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FUNC.

What is William B. Grant's approval rating as First United's CEO?

2 employees have rated First United Chief Executive Officer William B. Grant on Glassdoor.com. William B. Grant has an approval rating of 100% among the company's employees. This puts William B. Grant in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First United own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First United investors own include Advanced Micro Devices (AMD), American Superconductor (AMSC), Arcos Dorados (ARCO), Versartis (VSAR), Pfizer (PFE), Tapestry (TPR), Verizon Communications (VZ), AbbVie (ABBV), Carnival Co. & (CCL) and Cinemark (CNK).

What is First United's stock symbol?

First United trades on the NASDAQ under the ticker symbol "FUNC."

Who are First United's major shareholders?

First United's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.85%), BlackRock Inc. (1.66%), Renaissance Technologies LLC (0.92%), Geode Capital Management LLC (0.75%), Bank of Montreal Can (0.26%) and EA Series Trust (0.19%). Insiders that own company stock include Brian R Boal, Carissa Lynn Rodeheaver, Christy Dipietro, Gary Ruddell, Irvin Robert Rudy, Jason Barry Rush, John F Barr, John F Barr, John Mccullough, Marisa A Shockley, Patricia Milon and Tc Group Cayman Investment Hol.
View institutional ownership trends
.

How do I buy shares of First United?

Shares of FUNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First United's stock price today?

One share of FUNC stock can currently be purchased for approximately $16.20.

How much money does First United make?

First United (NASDAQ:FUNC) has a market capitalization of $108.70 million and generates $80.30 million in revenue each year. The bank earns $25.05 million in net income (profit) each year or $3.39 on an earnings per share basis.

How many employees does First United have?

The company employs 298 workers across the globe.

How can I contact First United?

First United's mailing address is 19 S SECOND ST, OAKLAND MD, 21550. The official website for the company is www.mybank.com. The bank can be reached via phone at (301) 334-9471 or via fax at 301-334-5784.

This page (NASDAQ:FUNC) was last updated on 9/24/2023 by MarketBeat.com Staff

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