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 25 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
Phone800-470-4356
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$67.33 million
Profitability
Miscellaneous
Employees314
Next Earnings Date3/9/2020 (Estimated)
OptionableNot Optionable
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 Thursday, September 26th. Investors of record on Wednesday, October 16th will be paid a dividend of $0.13 per share on Friday, November 1st. This represents a $0.52 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Tuesday, October 15th. This is an increase from First United's previous quarterly dividend of $0.09. 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, August, 8th. The bank reported $0.43 earnings per share (EPS) for the quarter. The bank earned $14.60 million during the quarter. First United had a return on equity of 9.06% and a net margin of 15.36%. View First United's Earnings History.
When is First United's next earnings date?
Has First United been receiving favorable news coverage?
Media stories about FUNC stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First United earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for First United.
Are investors shorting First United?
First United saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 14,500 shares, an increase of 101.4% from the August 30th total of 7,200 shares. Based on an average daily volume of 29,700 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short. View First United's Current Options Chain.
Who are some of First United's key competitors?
Some companies that are related to First United include Nicolet Bankshares (NCBS), Bridge Bancorp (BDGE), Hanmi Financial (HAFC), Bancorp (TBBK), First of Long Island (FLIC), First Bancshares (FBMS), Arrow Financial (AROW), Financial Institutions (FISI), American National BankShares (AMNB), Guaranty Bancshares (GNTY), Peoples Financial Services (PFIS), First Bancorp (FNLC), Southern First Bancshares (SFST), SmartFinancial (SMBK) and National Bankshares (NKSH).
What other stocks do shareholders of First United own?
Who are First United's key executives?
First United's management team includes the folowing people:
- Ms. Carissa L. Rodeheaver CPA, CPA, CFP, Chairman, Pres & CEO (Age 53)
- Mr. Jason B. Rush, Sr. VP & COO (Age 48)
- Mr. Robert L. Fisher II, Sr. VP & Chief Revenue Officer (Age 50)
- Ms. Tonya K. Sturm, Sr. VP, Sec., Treasurer & CFO (Age 52)
- Ms. Robin M. Murray, Sr. VP & Director of Retail Banking (Age 60)
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, Robinhood, Fidelity and Charles Schwab.
What is First United's stock price today?
One share of FUNC stock can currently be purchased for approximately $23.23.
How big of a company is First United?
What is First United's official website?
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 (NASDAQ 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.
