Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 111.80M | 95.61M | 80.44M | 78.61M | 76.92M |
Gross Profit | 76.87M | 69.75M | 76.28M | 73.72M | 61.86M |
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 | 149.94M | 146.92M | 200.20M | 402.49M | 376.32M |
Total Debt | 187.72M | 157.90M | 97.87M | 91.39M | 153.05M |
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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $224.55M | 9.47 | 13.37% | 2.58% | 11.42% | 63.24% | |
79 Outperform | $222.01M | 9.07 | 10.69% | 2.69% | 11.71% | 32.12% | |
76 Outperform | $209.29M | 13.30 | 6.43% | 2.91% | 5.57% | -16.40% | |
69 Neutral | $206.94M | 17.72 | 7.56% | ― | 13.75% | -14.44% | |
69 Neutral | $238.61M | 19.81 | 4.58% | ― | 0.35% | 64.49% | |
68 Neutral | $17.10B | 11.19 | 9.70% | 3.58% | 11.11% | -4.55% | |
60 Neutral | $195.37M | 26.56 | 3.74% | 2.83% | 35.45% | -42.78% |
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.
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.
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 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.