First United (FUNC) AI Stock Analysis

• Market Cap: $224.55M
• Dividend Yield: 2.58%
• Average Volume (3M): 55.65K
• Price to Earnings (P/E): 9.5
• Beta (1Y): 0.86
• Revenue Growth: 11.42%
• EPS Growth: 63.24%
• Country: US
• Employees: 291
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 0.92
• Shares Outstanding: 6,478,634
• 10 Day Avg. Volume: 32,356
• 30 Day Avg. Volume: 55,648
• PEG Ratio: -0.45
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.98
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.47
• Enterprise Value/Gross Profit: 2.59
• Enterprise Value/Ebitda: 1.79
• 1Y Price Target: $42.00
• Price Target Upside: 23.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 80 Outperform
• Price Target: $41.00 ▲(20.20%Upside)

First United Corporation's stock score is driven by its strong financial performance, attractive valuation, and positive corporate events. The technical analysis suggests caution due to overbought signals, but the company's robust financials and strategic initiatives provide a solid foundation for future growth.

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

First United shows a strong financial position with consistent revenue and profit growth, efficient operations, and effective cash management. The balance sheet reflects stability with manageable leverage, and the company demonstrates robust cash flow practices.

Income Statement

First United has shown a consistent upward trend in revenue with a significant increase from $80.4M in 2022 to $113.9M in TTM. The Gross Profit Margin remains strong, and the Net Profit Margin has improved over the years, reaching approximately 19.9% in TTM. The company's EBIT and EBITDA margins demonstrate its efficient operations, contributing to overall profitability. The revenue growth rate has been positive, indicating robust growth momentum.

Balance Sheet

The company's balance sheet reflects stability with a manageable Debt-to-Equity Ratio. Stockholders’ Equity has increased, bolstering the Equity Ratio and showcasing financial resilience. Return on Equity (ROE) is healthy, indicating efficient use of equity. While the company has experienced an increase in total debt, its equity has grown, maintaining a balanced leverage position.

Cash Flow

First United's cash flow is strong, with consistent growth in Free Cash Flow and positive Operating Cash Flow to Net Income Ratio. The Free Cash Flow to Net Income Ratio indicates effective cash generation relative to net earnings. The Free Cash Flow Growth Rate has been robust, emphasizing solid cash management practices. Despite fluctuations in investing cash flows, the overall cash flow position remains positive.

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

First United Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 34.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 34.11 is above the 20-day moving average (MA) of 33.57, above the 50-day MA of 31.22, and above the 200-day MA of 31.94, indicating a bullish trend. The MACD of 1.22 indicates Negative momentum. The RSI at 58.16 is Neutral, neither overbought nor oversold. The STOCH value of 53.80 is Neutral, 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	80 Outperform	$224.55M	9.47	13.37%	2.58%	11.42%	63.24%
CFFI	79 Outperform	$222.01M	9.07	10.69%	2.69%	11.71%	32.12%
ESSA	76 Outperform	$209.29M	13.30	6.43%	2.91%	5.57%	-16.40%
FINW	69 Neutral	$206.94M	17.72	7.56%	―	13.75%	-14.44%
MYFW	69 Neutral	$238.61M	19.81	4.58%	―	0.35%	64.49%
Sector *	68 Neutral	$17.10B	11.19	9.70%	3.58%	11.11%	-4.55%
FXNC	60 Neutral	$195.37M	26.56	3.74%	2.83%	35.45%	-42.78%

First United Corporate Events

First United Reports Strong Q2 2025 Financial Results

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.

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.