About First United (NASDAQ:FUNC)
First United Corporation is a bank holding company. The Company's primary business is serving as the parent company of First United Bank & Trust (the Bank), First United Statutory Trust I, First United Statutory Trust II and First United Statutory Trust III. It operates through community banking segment. The Bank is an independent community bank providing a range of retail and commercial banking services to businesses and individuals in its market areas. The Bank offers a range of services, such as checking, savings, money market deposit accounts, and certificates of deposit, business loans, personal loans, mortgage loans, lines of credit, and consumer-oriented retirement accounts including individual retirement accounts (IRAs) and employee benefit accounts. In addition, the Bank provides full brokerage services. The Bank also provides safe deposit and night depository facilities, insurance products and trust services.
Industry, Sector and Symbol
Industry BANKS & THRIFTS
Trailing P/E Ratio17.99
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$61.21 million
Price / Sales2.24
Cash Flow$1.42 per share
Price / Cash13.61
Book Value$15.34 per share
Price / Book1.26
Net Income$5.26 million
Return on Equity7.83%
Return on Assets0.63%
First United (NASDAQ:FUNC) Frequently Asked Questions
What is First United's stock symbol?
First United trades on the NASDAQ under the ticker symbol "FUNC."
How often does First United pay dividends? What is the dividend yield for First United?
First United declared a quarterly dividend on Friday, March 9th. Investors of record on Monday, April 16th will be paid a dividend of $0.09 per share on Wednesday, May 2nd. This represents a $0.36 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Friday, April 13th. View First United's Dividend History.
How were First United's earnings last quarter?
First United Corp (NASDAQ:FUNC) issued its quarterly earnings results on Friday, March, 9th. The bank reported $0.30 earnings per share (EPS) for the quarter. The bank had revenue of $13.85 million for the quarter. First United had a return on equity of 7.83% and a net margin of 8.61%. View First United's Earnings History.
When will First United make its next earnings announcement?
Who are some of First United's key competitors?
Some companies that are related to First United include Reliant Bancorp (RBNC), Bankwell Financial Group (BWFG), SmartFinancial (SMBK), Investar (ISTR), Sussex Bancorp (SBBX), Northrim BanCorp (NRIM), First Bank (FRBA), Shore Bancshares (SHBI), BCB Bancorp (BCBP), Civista Bancshares (CIVB), Pacific Mercantile Bancorp (PMBC), Capstar Financial (CSTR), First Business Financial Services (FBIZ), MidSouth Bancorp (MSL), Chemung Financial (CHMG), Citizens Financial Services (CZFS), Riverview Bancorp (RVSB) and Orrstown Financial Services (ORRF).
Who are First United's key executives?
First United's management team includes the folowing people:
- Carissa L. Rodeheaver, Chairman of the Board, President, Chief Executive Officer (Age 49)
- Tonya K Sturm, Chief Financial Officer
- Jason B. Rush, Senior Vice President, Director - Operations & Support, Chief Risk Officer (Age 43)
- Robert L. Fisher II, Senior Vice President and Chief Lending Officer (Age 46)
- Jeannette R. Fitzwater, Senior Vice President, Director - Corporate Services (Age 54)
- Robin M. Murray, Senior Vice President, Director - Retail Banking (Age 56)
- Keith R. Sanders, Senior Vice President, Senior Trust Officer (Age 45)
- I. Robert Rudy, Director (Age 62)
- H Andrew Walls III, Director (Age 54)
- John F. Barr, Independent Director (Age 61)
Has First United been receiving favorable news coverage?
News stories about FUNC stock have trended positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First United earned a news sentiment score of 0.44 on Accern's scale. They also assigned media stories about the bank an impact score of 45.33 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are First United's major shareholders?
First United's stock is owned by a variety of of institutional and retail investors. Top institutional investors include M3F Inc. (9.90%), Gendell Jeffrey L (7.89%), Second Curve Capital LLC (2.01%), Basswood Capital Management L.L.C. (1.00%) and SeaCrest Wealth Management LLC (0.23%). Company insiders that own First United stock include Brian R Boal, Carissa Lynn Rodeheaver, Elaine L Mcdonald, Irvin Robert Rudy, Jason Barry Rush, Keith Sanders, Robert L Fisher II, Robert W Kurtz and Tonya K Sturm. View Institutional Ownership Trends for First United.
Which major investors are selling First United stock?
FUNC stock was sold by a variety of institutional investors in the last quarter, including Second Curve Capital LLC. Company insiders that have sold First United company stock in the last year include Irvin Robert Rudy, Keith Sanders and Robert W Kurtz. View Insider Buying and Selling for First United.
Which major investors are buying First United stock?
FUNC stock was acquired by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., M3F Inc., SeaCrest Wealth Management LLC and Gendell Jeffrey L. Company insiders that have bought First United stock in the last two years include Brian R Boal, Carissa Lynn Rodeheaver, Elaine L Mcdonald, Jason Barry Rush, Keith Sanders, Robert L Fisher II and Tonya K Sturm. View Insider Buying and Selling for First United.
How do I buy shares of First United?
Shares of FUNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First United's stock price today?
One share of FUNC stock can currently be purchased for approximately $19.35.
How big of a company is First United?
First United has a market capitalization of $136.05 million and generates $61.21 million in revenue each year. The bank earns $5.26 million in net income (profit) each year or $0.58 on an earnings per share basis. First United employs 363 workers across the globe.
How can I contact First United?
First United's mailing address is 19 S SECOND ST, OAKLAND MD, 21550. The bank can be reached via phone at 800-470-4356.
MarketBeat Community Rating for First United (FUNC)MarketBeat's community ratings are surveys of what our community members think about First United and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
First United (NASDAQ:FUNC) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
First United (NASDAQ:FUNC) Earnings History and Estimates Chart
First United (NASDAQ FUNC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/9/2018||Q4 2017||$0.30||$13.85 million||View||N/A|
|11/13/2017||Q3 2017||$0.25||$13.76 million||View||N/A|
|8/8/2017||Q2 2017||$0.30||$13.41 million||View||N/A|
|5/9/2017||Q1 2017||$0.22||$12.82 million||View||N/A|
|3/8/2017||Q4 2016||$0.16||$12.79 million||View||N/A|
|5/9/2016||Q1 2016||$0.19||$12.80 million||View||N/A|
|5/12/2015||Q1 2015||$0.11||$12.03 million||View||N/A|
|3/6/2015||Q4 2014||$0.16||$12.46 million||View||N/A|
|11/10/2014||Q3 2014||$0.10||$11.98 million||View||N/A|
|8/11/2014||Q2 2014||$0.07||$12.18 million||View||N/A|
|5/8/2014||Q1 2014||$0.15||$11.96 million||View||N/A|
|3/5/2014||Q4 2013||$0.06||$11.81 million||View||N/A|
|11/8/2013||Q3 13||$0.22||$14.38 million||View||N/A|
|8/14/2013||Q2 2013||$0.23||$12.27 million||View||N/A|
|5/7/2013||Q1 2013||$0.24||$12.99 million||View||N/A|
First United (NASDAQ:FUNC) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
First United (NASDAQ:FUNC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
First United (NASDAQ FUNC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 32.87%
First United (NASDAQ FUNC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/7/2017||Robert W Kurtz||Director||Sell||200||$16.93||$3,386.00||10,441|| |
|12/1/2017||Irvin Robert Rudy||Director||Sell||5||$17.65||$88.25||28,118|| |
|11/29/2017||Irvin Robert Rudy||Director||Sell||3,500||$17.42||$60,970.00||31,123|| |
|11/21/2017||Irvin Robert Rudy||Director||Sell||3,000||$17.25||$51,750.00||35,124|| |
|6/14/2017||Robert W Kurtz||Director||Sell||1,000||$15.10||$15,100.00||10,641|| |
|6/13/2017||Robert W Kurtz||Director||Sell||1,000||$15.00||$15,000.00||12,141|| |
|6/7/2017||Keith Sanders||Insider||Sell||600||$14.90||$8,940.00||6,374|| |
|3/20/2017||Brian R. Boal||Director||Buy||456||$11.93||$5,440.08|| |
|3/20/2017||Carissa Lynn Rodeheaver||Insider||Buy||2,873||$11.93||$34,274.89||8,265|| |
|3/20/2017||Jason Barry Rush||COO||Buy||1,456||$11.93||$17,370.08||10,681|| |
|3/20/2017||Keith Sanders||SVP||Buy||200||$11.93||$2,386.00||6,974|| |
|3/20/2017||Tonya K Sturm||CFO||Buy||419||$11.93||$4,998.67||880|| |
|12/7/2016||Robert L Fisher II||SVP||Buy||350||$13.02||$4,557.00||5,737|| |
|5/16/2016||Elaine L Mcdonald||Director||Buy||342||$10.81||$3,697.02||18,551|| |
|12/18/2015||Carissa Lynn Rodeheaver||President||Buy||3,000||$10.22||$30,660.00||5,392|| |
|12/7/2015||Jason Barry Rush||Director||Buy||4,300||$10.23||$43,989.00||9,225|| |
|11/19/2015||Jason Barry Rush||Director||Buy||4,000||$10.47||$41,880.00||4,925|| |
|11/13/2015||Elaine L Mcdonald||Director||Buy||1,100||$10.00||$11,000.00||18,209|| |
|8/21/2015||M Kathryn Burkey||Director||Buy||2,184||$8.33||$18,192.72||31,590|| |
|9/3/2014||Donald E Moran||Director||Buy||4,116||$8.48||$34,903.68|| |
|5/20/2014||M Kathryn Burkey||Director||Buy||2,600||$8.44||$21,944.00|| |
|11/19/2013||Donald E Moran||Director||Buy||5,000||$7.43||$37,150.00|| |
|5/22/2013||Donald E Moran||Director||Buy||1,000||$7.85||$7,850.00|| |
|5/21/2013||Donald E Moran||Director||Buy||1,000||$8.10||$8,100.00|| |
|5/10/2013||M Kathryn Burkey||Director||Buy||1,318||$8.28||$10,913.04|| |
|9/13/2012||M Kathryn Burkey||Director||Buy||1,893||$6.50||$12,304.50|| |
|9/4/2012||Donald E Moran||Director||Buy||1,167||$5.30||$6,185.10|| |
First United (NASDAQ FUNC) News Headlines
|Will First United Corporation (NASDAQ:FUNC) Continue To Underperform Its Industry?|
finance.yahoo.com - March 22 at 10:18 AM
|Verisys Corporation Announces Certification to ISO 9001:2015|
www.prnewswire.com - March 15 at 10:00 AM
|First United Corp (FUNC) Plans Quarterly Dividend of $0.09|
www.americanbankingnews.com - March 9 at 6:26 PM
|First United Corporation Announces 2017 Fourth Quarter And Year End Earnings|
finance.yahoo.com - March 9 at 4:48 PM
|First United Corporation Announces Second Quarter Dividend|
finance.yahoo.com - March 8 at 4:38 PM
|FOX NEWS FIRST: Sessions defends DOJ lawsuit against California; Trump tariffs plan rollout may be delayed|
www.msn.com - March 8 at 10:35 AM
|Is It Time To Sell First United Corporation (NASDAQ:FUNC) Based Off Its PE Ratio?|
finance.yahoo.com - March 7 at 4:39 PM
|Kentucky manufacturer to close, lay off 450|
www.bizjournals.com - March 7 at 10:17 AM
|United Way launches new homelessness initiative in O.C.|
www.latimes.com - March 1 at 9:45 AM
|The Dohmen Company creates Wisconsin's first benefit corporation|
www.prnewswire.com - February 28 at 4:27 PM
|First United (FUNC) Set to Announce Earnings on Tuesday|
www.americanbankingnews.com - February 27 at 2:34 AM
|Searchlight Minerals Corporation Announces Operations Update For The Process System To Extract Gold And Iron From Its Clarkdale Slag Project|
www.bizjournals.com - February 14 at 8:47 AM
|First Solar to Jointly Develop a Green Project With APS|
www.zacks.com - February 13 at 8:43 AM
|First Tennessee VP: How banks will combine more than 150 systems after acquisition|
www.bizjournals.com - December 20 at 5:21 PM
|SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of First BancTrust Corporation - FIRT|
www.bizjournals.com - December 18 at 5:23 PM
|First United (FUNC) Rating Lowered to C+ at TheStreet|
www.americanbankingnews.com - December 8 at 4:40 PM
|Here's How Small Cap Scissor Company Acme United Is Benefitting From Amazon|
www.thestreet.com - December 5 at 5:18 PM
|First United (FUNC) Stock Rating Lowered by ValuEngine|
www.americanbankingnews.com - December 3 at 1:36 PM
|First United Corp. :FUNC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 1, 2017|
finance.yahoo.com - December 1 at 4:47 PM
|Irvin Robert Rudy Sells 3,500 Shares of First United Corporation (FUNC) Stock|
www.americanbankingnews.com - November 30 at 1:54 PM
|UNITED HUNTER OIL & GAS CORP|
www.finanznachrichten.de - November 29 at 9:30 AM
|First United Corporation (FUNC) Director Irvin Robert Rudy Sells 3,000 Shares|
www.americanbankingnews.com - November 21 at 1:32 PM
|First United Corporation (FUNC) Posts Quarterly Earnings Results|
www.americanbankingnews.com - November 14 at 8:58 AM
|First United Corporation Announces 3rd Quarter 2017 Earnings|
finance.yahoo.com - November 13 at 7:09 PM
|Where First United Corporation (FUNC) Stands In Terms Of Earnings Growth Against Its Industry|
finance.yahoo.com - November 7 at 12:30 AM
|First United Corporation (FUNC) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - October 30 at 9:37 AM
|Fast-growing Cincinnati firm acquires pair of Columbus companies|
www.bizjournals.com - October 21 at 12:59 AM
|3 Republicans are holding up what could be a signature legislative achievement of Trump's first year in office|
www.businessinsider.com - October 20 at 5:40 AM
|China's first space station is going to crash into Earth — but objects inside of it may reach the ground unharmed|
www.businessinsider.com - October 19 at 7:37 PM
|First United Corp. :FUNC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 19, 2017|
finance.yahoo.com - September 19 at 6:51 PM
|First United Corporation (FUNC) Announces Quarterly Earnings Results|
www.americanbankingnews.com - August 10 at 6:26 PM
|First United Corporation Announces 2nd Quarter 2017 Earnings|
finance.yahoo.com - August 8 at 6:34 PM
|First United Corporation: After Repositioning Its Capital Structure, This Regional Is Worth A Look|
seekingalpha.com - May 23 at 4:58 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - March 21 at 5:28 PM
|First United Corporation Announces 2016 Fourth Quarter and Year End Earnings|
us.rd.yahoo.com - March 8 at 6:09 PM
|FIRST UNITED CORP/MD/ Files SEC form 10-K/A, Annual Report|
biz.yahoo.com - January 26 at 3:29 PM
|First United (FUNC) Says Financial Statements for Year-Ended December 2015 Shouldn't be Relied Upon|
www.streetinsider.com - December 21 at 6:11 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Non-Reliance on Previous Financials, Audits or Interim Review|
biz.yahoo.com - December 20 at 10:31 AM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme|
biz.yahoo.com - November 8 at 6:25 AM
|New Stocks On Most Attractive And Most Dangerous Lists: October 2016|
seekingalpha.com - October 13 at 5:10 PM
|Three top stock picks from Contra The Heard’s Benj Gallander|
www.theglobeandmail.com - September 25 at 4:40 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - May 16 at 11:42 AM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - May 12 at 10:02 AM
|FIRST UNITED CORP/MD/ Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 9 at 5:11 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - December 16 at 4:30 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh|
biz.yahoo.com - November 12 at 5:24 PM
|FIRST UNITED CORP/MD/ Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 10 at 4:33 PM
|FIRST UNITED CORP/MD/ Files SEC form 8-K, Other Events|
biz.yahoo.com - November 2 at 4:16 PM
First United (NASDAQ:FUNC) SEC Filings
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First United (NASDAQ:FUNC) Income Statement, Balance Sheet and Cash Flow Statement
First United (NASDAQ FUNC) Stock Chart for Friday, March, 23, 2018