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First United ( (FUNC) ) has issued an announcement.
On November 12, 2025, First United Corporation’s Board amended its bylaws to allow someone other than the Chairman to be the CEO, paving the way for a management transition. Carissa L. Rodeheaver, the current Chairman, President, and CEO, announced her retirement effective at the conclusion of the 2026 annual meeting. Jason B. Rush, who has been with the company since 1993, will succeed her as President and CEO starting January 1, 2026. Rodeheaver will serve as Executive Chairman until her retirement and will remain in an advisory role to ensure a smooth transition. Under Rodeheaver’s leadership, the company has seen significant growth and innovation, enhancing shareholder value and maintaining a strong industry position.
The most recent analyst rating on (FUNC) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on First United stock, see the FUNC Stock Forecast page.
Spark’s Take on FUNC Stock
According to Spark, TipRanks’ AI Analyst, FUNC is a Neutral.
First United’s stock score is primarily driven by its solid financial performance and attractive valuation. Despite challenges in revenue growth and cash flow stability, the company’s strong profitability metrics and undervaluation provide a positive outlook. Technical indicators suggest a neutral market sentiment, with no strong momentum in either direction.
To see Spark’s full report on FUNC stock, click here.
More about First United
First United Corporation operates a full-service commercial bank, First United Bank & Trust, which has been in operation for 125 years. The bank serves communities in Maryland and West Virginia, with a network of offices in Garrett, Allegany, Washington, and Frederick counties in Maryland, as well as Mineral, Berkeley, and Monongalia counties in West Virginia. As of September 30, 2025, the corporation reported assets of $2 billion.
Average Trading Volume: 21,868
Technical Sentiment Signal: Strong Buy
Current Market Cap: $235.5M
Learn more about FUNC stock on TipRanks’ Stock Analysis page.