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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
New CBOE “special perk” helps traders target income every weekend (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
New CBOE “special perk” helps traders target income every weekend (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
New CBOE “special perk” helps traders target income every weekend (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

First United Stock Price, News & Analysis (NASDAQ:FUNC)

$18.50
+0.19 (+1.04%)
(As of 11/30/2023 ET)
Compare
Today's Range
$18.35
$18.63
50-Day Range
$16.12
$18.50
52-Week Range
$12.56
$20.94
Volume
13,785 shs
Average Volume
9,694 shs
Market Capitalization
$123.77 million
P/E Ratio
6.13
Dividend Yield
4.32%
Price Target
N/A

First United MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.23mentions of First United in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$15,554 Bought Last Quarter
Proj. Earnings Growth
-13.13%
From $2.59 to $2.25 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Finance Sector

287th out of 859 stocks

National Commercial Banks Industry

35th out of 82 stocks


FUNC stock logo

About First United Stock (NASDAQ: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. 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 Stock Price History

FUNC Stock News Headlines

First United declares $0.20 dividend
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
First United Corp FUNC
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
D.C. United 2, Vancouver 2
See More Headlines
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Company Calendar

Ex-Dividend for 11/1 Dividend
10/17/2023
Last Earnings
10/23/2023
Dividend Payable
11/01/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024

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
27.75%

Debt

Sales & Book Value

Annual Sales
$80.30 million
Cash Flow
$4.25 per share
Book Value
$23.18 per share

Miscellaneous

Free Float
6,158,000
Market Cap
$123.77 million
Optionable
Not Optionable
Beta
0.81
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FUNC Stock Analysis - Frequently Asked Questions

How have FUNC shares performed in 2023?

First United's stock was trading at $19.65 at the beginning of 2023. Since then, FUNC shares have decreased by 5.9% and is now trading at $18.50.
View the best growth stocks for 2023 here
.

When is First United's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our FUNC earnings forecast
.

How were First United's earnings last quarter?

First United Co. (NASDAQ:FUNC) posted its quarterly earnings data on Monday, October, 23rd. The bank reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.04. The bank had revenue of $18.70 million for the quarter, compared to analyst estimates of $18.79 million. First United had a net margin of 21.45% and a trailing twelve-month return on equity of 13.19%.

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

First United declared a quarterly dividend on Wednesday, September 27th. Shareholders of record on Wednesday, October 18th will be given a dividend of $0.20 per share on Wednesday, November 1st. This represents a $0.80 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date is Tuesday, October 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 4.41%. 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 26.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUNC will have a dividend payout ratio of 35.56% 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).

Who are First United's major shareholders?

First United's stock is owned by many different retail and institutional investors. Top institutional investors include EJF Capital LLC (3.36%), Gendell Jeffrey L (2.39%) and Northern Trust Corp (0.47%). Insiders that own company stock include Brian R Boal, Carissa Lynn Rodeheaver, Christy Dipietro, 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.

This page (NASDAQ:FUNC) was last updated on 12/1/2023 by MarketBeat.com Staff

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