First United (FUNC) AI Stock Analysis

• Market Cap: $219.04M
• Dividend Yield: 2.6%
• Average Volume (3M): 49.78K
• Price to Earnings (P/E): 9.7
• Beta (1Y): 0.93
• Revenue Growth: 13.41%
• EPS Growth: 62.54%
• Country: US
• Employees: 291
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.89
• Shares Outstanding: 6,478,634
• 10 Day Avg. Volume: 117,736
• 30 Day Avg. Volume: 49,785
• PEG Ratio: -0.26
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.11
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 0.62
• Enterprise Value/Gross Profit: 2.93
• Enterprise Value/Ebitda: 2.14
• 1Y Price Target: $42.00
• Price Target Upside: 24.22% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: $35.00 ▲(3.52%Upside)

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.

First United Business Overview & Revenue Model

Company Description

First United (FUNC) is a diversified financial services company that operates primarily in the banking sector. It provides an array of financial products and services including personal and commercial banking, investment services, and mortgage lending. FUNC is committed to delivering personalized banking solutions to its clients, leveraging a customer-centric approach to enhance financial well-being and support economic growth in its communities.

How the Company Makes Money

First United (FUNC) generates revenue through multiple streams within the financial services industry. Its primary income is derived from interest earned on loans and mortgages offered to individuals and businesses. Additionally, FUNC earns revenue through fees associated with various banking services, including account maintenance, transaction fees, and asset management services. The company also benefits from investment returns and advisory service fees. Significant partnerships with other financial institutions and service providers enhance FUNC's ability to offer comprehensive financial solutions and contribute to the company's earnings. Economic factors, such as interest rate fluctuations and regulatory changes, also impact FUNC's revenue generation.

First United Financial Statement Overview

Summary

The company's financial performance is mixed. While there is strong financial stability and efficiency in operations, a significant decline in revenue and gross profit raises concerns about future growth. Cash flow is stable, but with limited free cash flow growth.

Income Statement

For the latest period, the company reported a significant loss in gross profit, indicating challenges in managing production costs or pricing. The net profit margin and EBIT margin showed improvements, suggesting better operational efficiency. However, the sharp decline in revenue growth and gross profit raises concerns about long-term revenue sustainability.

Balance Sheet

The debt-to-equity ratio improved significantly due to a decrease in total debt and an increase in equity, indicating reduced financial leverage and improved financial stability. Return on Equity (ROE) is strong, reflecting effective use of equity to generate profits. The equity ratio is also healthy, supporting a solid financial position.

Cash Flow

Operating cash flow remains stable, suggesting consistent cash generation from operations. However, free cash flow growth is stagnant, indicating limited cash available for expansion or debt reduction. The operating cash flow to net income ratio is favorable, highlighting effective cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	79.79M	69.72M	75.68M	73.66M	67.12M
Gross Profit	44.26M	31.15M	41.85M	40.97M	34.42M
EBITDA	31.02M	24.39M	36.83M	29.74M	21.34M
Net Income	20.57M	15.06M	25.05M	19.77M	13.84M
Balance Sheet
Total Assets	1.97B	1.91B	1.85B	1.73B	1.73B
Cash, Cash Equivalents and Short-Term Investments	78.33M	49.75M	200.20M	402.49M	376.32M
Total Debt	172.31M	112.48M	97.87M	33.69M	103.89M
Total Liabilities	1.79B	1.74B	1.70B	1.59B	1.60B
Stockholders Equity	179.29M	161.87M	151.79M	141.90M	131.69M
Cash Flow
Free Cash Flow	20.36M	22.12M	22.97M	18.89M	14.56M
Operating Cash Flow	22.28M	22.47M	26.54M	20.02M	16.17M
Investing Cash Flow	-38.44M	-81.71M	-172.40M	-28.43M	-191.28M
Financing Cash Flow	44.73M	34.68M	104.46M	-25.31M	274.56M

First United Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FUNC, the sentiment is Positive. The current price of 33.81 is above the 20-day moving average (MA) of 29.88, above the 50-day MA of 30.27, and above the 200-day MA of 31.76, indicating a bullish trend. The MACD of 0.65 indicates Negative momentum. The RSI at 73.58 is Negative, neither overbought nor oversold. The STOCH value of 97.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FUNC.

First United Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FUNC	78 Outperform	$219.04M	9.69	12.99%	2.60%	13.41%	62.54%
ESSA	70 Outperform	$210.61M	13.38	6.43%	2.89%	5.57%	-16.40%
MYFW	70 Outperform	$227.34M	22.58	4.04%	―	3.14%	35.67%
FINW	69 Neutral	$207.08M	16.98	7.16%	―	10.74%	-27.38%
CFFI	69 Neutral	$217.90M	10.07	9.67%	2.73%	10.36%	10.16%
Sector *	67 Neutral	$17.01B	11.90	9.70%	3.76%	11.63%	-9.47%
FXNC	60 Neutral	$187.73M	25.53	3.74%	2.97%	35.45%	-42.78%

First United Corporate Events

First United Announces Cash Dividend for Shareholders

On June 18, 2025, First United Corporation announced a cash dividend of $0.22 per share, payable on August 1, 2025, to shareholders of record as of July 18, 2025. This decision reflects the company’s ongoing commitment to providing value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.

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.

First United Holds Annual Shareholders Meeting on May 7

On May 7, 2025, First United Corporation held its annual shareholders meeting where three key proposals were voted on. The shareholders elected ten directors to the board, approved the compensation for the corporation’s named executive officers for 2024, and ratified the appointment of Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

First United Reports Strong Q1 2025 Financial Performance

First United Corporation held its Annual Meeting of Shareholders on May 7, 2025, where it presented strong financial performance for 2024 and the first quarter of 2025. Despite economic uncertainties, the company reported a significant increase in net income driven by disciplined pricing strategies and growth in wealth management. The company maintained a strong capital position and asset quality, supporting its strategic initiatives and ability to navigate economic challenges.

First United Reports Strong Q1 2025 Financial Results

First United Corporation announced its financial results for the first quarter of 2025, reporting a consolidated net income of $5.8 million, an increase from $3.7 million in the same quarter of 2024. Despite challenges in funding due to inflation and high competition, the company experienced margin expansion and stable funding costs. The company plans to invest in strategic hires and technology to enhance customer experience, which is expected to increase salaries, benefits, and data processing expenses. The results reflect a solid performance attributed to the dedication of its associates, with a focus on future growth and improved customer experience.