The latest update is out from First United ( (FUNC) ).
On February 25, 2025, First United Corporation’s Compensation Committee revised the incentive goals for its Short-Term Incentive Plan (STIP) for 2025. The revised plan includes performance metrics such as return on average assets and efficiency ratio, with specific criteria for each executive officer. The updated incentive goals are intended to reward executives based on the corporation’s annual performance, with potential cash awards to be paid in 2026. The changes reflect the company’s commitment to aligning executive compensation with performance outcomes, potentially impacting its operational focus and stakeholder interests.
More about First United
First United Corporation operates in the financial industry, primarily offering banking services. The company is focused on providing financial solutions and services to its customers, with its common stock traded on the Nasdaq Stock Market under the symbol FUNC.
YTD Price Performance: 6.88%
Average Trading Volume: 29,948
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $231.5M
For an in-depth examination of FUNC stock, go to TipRanks’ Stock Analysis page.