First United Corporation operates as the 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 municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as 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; indirect and direct auto loans; and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit, and night depository facilities. It operates 24 banking offices, 1 call center, and 26 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, and Monongalia counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:FUNC
CUSIPN/A
Phone800-470-4356
Debt
Debt-to-Equity Ratio1.04
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio19.83
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.21 million
Price / Sales2.69
Cash Flow$1.3853 per share
Price / Cash16.82
Book Value$15.34 per share
Price / Book1.52
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$5.26 million
Net Margins9.28%
Return on Equity8.20%
Return on Assets0.67%
Miscellaneous
Employees363
Outstanding Shares7,070,000
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 announced a quarterly dividend on Thursday, June 21st. Investors of record on Monday, July 16th will be paid a dividend of $0.09 per share on Wednesday, August 1st. This represents a $0.36 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Friday, July 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 Wednesday, May, 9th. The bank reported $0.35 earnings per share for the quarter. The bank earned $14.26 million during the quarter. First United had a net margin of 9.28% and a return on equity of 8.20%. View First United's Earnings History.
When is First United's next earnings date?
Who are some of First United's key competitors?
Some companies that are related to First United include First of Long Island (FLIC), Bancorp (TBBK), Nicolet Bankshares (NCBS), Financial Institutions (FISI), Arrow Financial (AROW), First Bancshares (FBMS), Farmers Capital Bank (FFKT), Peoples Financial Services (PFIS), American National BankShares (AMNB), Guaranty Bancshares (GNTY), Southern First Bancshares (SFST), National Bankshares (NKSH), First Bancorp (FNLC), SmartFinancial (SMBK) and Ames National (ATLO).
Who are First United's key executives?
First United's management team includes the folowing people:
- Ms. Carissa L. Rodeheaver, Chairman, Pres & CEO (Age 52)
- Ms. Tonya K. Sturm, Sr. VP, Sec., Treasurer & CFO (Age 51)
- Ms. Jeanette Wampler, Exec. Officer
- Mr. Eugene D. Helbig Jr., Sr. VP & Sr. Trust Officer (Age 65)
- Ms. Karen L. Malecki, VP & Director of Strategic Initiatives
Has First United been receiving favorable news coverage?
Headlines about FUNC stock have trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First United earned a daily sentiment score of 0.06 on Accern's scale. They also assigned news stories about the bank an impact score of 45.13 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are First United's major shareholders?
First United's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gendell Jeffrey L (6.31%), Dimensional Fund Advisors LP (3.91%), EJF Capital LLC (2.51%), BlackRock Inc. (0.48%) and PNC Financial Services Group Inc. (0.08%). Company insiders that own First United stock include Brian R Boal, Carissa Lynn Rodeheaver, Irvin Robert Rudy, Jason Barry Rush, John Mccullough, Keith Sanders, Robert L Fisher II, Robert W Kurtz and Tonya K Sturm. View Institutional Ownership Trends for First United.
Which institutional investors are selling First United stock?
FUNC stock was sold by a variety of institutional investors in the last quarter, including Gendell Jeffrey L, BlackRock Inc. and PNC Financial Services Group Inc.. Company insiders that have sold First United company stock in the last year include Irvin Robert Rudy, Robert W Kurtz and Tonya K Sturm. View Insider Buying and Selling for First United.
Which institutional investors are buying First United stock?
FUNC stock was bought by a variety of institutional investors in the last quarter, including EJF Capital LLC and Dimensional Fund Advisors LP. Company insiders that have bought First United stock in the last two years include Brian R Boal, Carissa Lynn Rodeheaver, Jason Barry Rush, John Mccullough, 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 $23.30.
How big of a company is First United?
First United has a market capitalization of $168.21 million and generates $61.21 million in revenue each year. 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 FUNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FUNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
