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First United ( (FUNC) ) has provided an announcement.
First United Corporation announced its financial results for the second quarter of 2025, reporting a consolidated net income of $6.0 million, an increase from both the previous quarter and the same period in 2024. The company’s performance was bolstered by an increase in net interest margin and loan production, alongside controlled funding costs and favorable interest income. The expansion of the Morgantown team and a focus on technological improvements are expected to enhance customer experience and operational efficiency. The company declared a cash dividend of $0.22 per common share, reflecting its strong financial position.
The most recent analyst rating on (FUNC) stock is a Buy with a $42.00 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 Outperform.
First United’s strong financial performance and positive corporate events are the primary drivers of its overall score. While the technical analysis and valuation present mixed signals, the company’s consistent growth and shareholder-friendly policies support a favorable outlook.
To see Spark’s full report on FUNC stock, click here.
More about First United
First United Corporation is a bank holding company and the parent company of First United Bank & Trust. It operates in the financial services industry, focusing on banking services and products.
Average Trading Volume: 33,120
Technical Sentiment Signal: Strong Buy
Current Market Cap: $225.7M
For a thorough assessment of FUNC stock, go to TipRanks’ Stock Analysis page.