Zacks Investment Research·4 days ago
Are You Looking for a High-Growth Dividend Stock?Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
First United Corporation(FUNC)Earnings, Financials & Key Ratios
FUNC•NASDAQ•Banking & Credit
$43.96
11.7× P/E·Price updated Jul 7, 2026
AboutFirst United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.Show more
- Net Interest Income$68M+13.6%
- Total Revenue$119M+6.6%
- Net Income$25M+19.2%
- Return on Equity12.8%+6.2%
- Net Interest Margin3.26%+7.3%
- Efficiency Ratio42.93%-3.3%
- ROA1.21%+13.9%
- Equity / Assets9.76%+7.3%
- Book Value per Share31.31+14.2%
FUNC Price & Volume
First United Corporation (FUNC) stock price & volume — 10-year historical chart
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Operational Efficiency Gains Support Steady Earnings Growth
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:Deposit beta and liquidity
Key Thesis Takeaways
- First United Corporation demonstrates a disciplined approach to scaling operations, evidenced by an efficiency ratio improvement from 54.0% in 2023Q4 to 43.9% in 2026Q1.
- While the bank has successfully grown net interest income to $18.1 million, investors should monitor the persistent 0.9% net interest margin, which suggests ongoing challenges in managing funding costs.
- The firm's commitment to shareholder returns, highlighted by $2.2 million in recent buybacks, provides a stable outlook, though credit normalization in the indirect auto portfolio warrants continued vigilance.
Verdict Logic
while the company maintains a healthy PEG ratio of 0.92 and improving efficiency, the stagnant 0.9% net interest margin suggests limited near-term upside for core profitability.
FUNC Growth Metrics
First United Corporation (FUNC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.2%
5 Years9.15%
3 Years14%
TTM-
Profit CAGR
10 Years6.56%
5 Years12.11%
3 Years-0.71%
TTM11.88%
EPS CAGR
10 Years8.61%
5 Years13.07%
3 Years0.09%
TTM12.36%
Return on Capital
10 Years8.32%
5 Years10.93%
3 Years8.61%
Last Year9.81%
FUNC Recent Earnings
First United Corporation (FUNC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (90%)●Beat Revenue 7/12 qtrs (70%)
Q2 2026Latest
Apr 20, 2026Metric
Actual
Est
EPS
$1.02+10.9%
$0.92
Rev
$23M+2.0%
$23M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$1.10+14.6%
$0.96
Rev
$23M+2.4%
$23M
Q4 2025
Oct 21, 2025Metric
Actual
Est
EPS
$1.07+20.5%
$0.89
Rev
$22M+1.6%
$22M
Q3 2025
Jul 21, 2025Metric
Actual
Est
EPS
$0.92+9.5%
$0.84
Rev
$22M+2.5%
$21M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 20, 2026 | $1.02vs $0.92+10.9% | $23Mvs $23M+2.0% |
| Q1 2026 | Feb 4, 2026 | $1.10vs $0.96+14.6% | $23Mvs $23M+2.4% |
| Q4 2025 | Oct 21, 2025 | $1.07vs $0.89+20.5% | $22Mvs $22M+1.6% |
| Q3 2025 | Jul 21, 2025 | $0.92vs $0.84+9.5% | $22Mvs $21M+2.5% |
Based on last 12 quarters of dataView full earnings history →
Latest FUNC News
Recent stock market news and headlines for First United Corporation (FUNC)
PRNewsWire·Jun 17, 2026
FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2026 DIVIDENDOAKLAND, Md., June 17, 2026 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.26 per share that will be paid on August 3, 2026, to holders of record of the Corporation's common stock as of the close of business on July 20, 2026.
Zacks Investment Research·Jun 17, 2026
Why First United Corporation (FUNC) is a Great Dividend Stock Right NowDividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
Peers Comparison
Key metrics vs top competitors for First United Corporation (FUNC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $43.96 | $283.4M | 11.66 | 6.6% | 20.57% | 12.8% | 2.09% | |
| $23.29 | $224.61M | 15.95 | -9.41% | 16.49% | 8% | — | |
| $24.06 | $171.21M | 13.67 | -1.44% | 12.96% | 7.98% | — | |
| $36.20 | $230.54M | 14.54 | 7.88% | 20.41% | 9.76% | — | |
| $57.40 | $457.66M | 12.90 | 6.13% | 18.69% | 13.31% | — | |
| $29.30 | $264.9M | 14.95 | 27.11% | 18.05% | 11.51% | — |
Compare FUNC vs Peers
First United Corporation (FUNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FUNC SEC Filings & Documents
First United Corporation (FUNC) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 22, 2026·SEC
Material company update
May 28, 2026·SEC
Material company update
May 11, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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FUNC Frequently Asked Questions
First United Corporation (FUNC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is First United Corporation growing?
First United Corporation (FUNC) grew revenue by 6.6% over the past year. This is steady growth.
Is FUNC profitable?
Yes, First United Corporation (FUNC) is profitable, generating $25.4M in net income for fiscal year 2025 (20.6% net margin).
Dividend & Returns
Does FUNC pay dividends?
Yes, First United Corporation (FUNC) pays a dividend with a yield of 2.09%. This makes it attractive for income-focused investors.
What is FUNC's return on equity?
First United Corporation (FUNC) has a return on equity (ROE) of 12.8%. This is reasonable for most industries.
Industry Metrics
What is First United Corporation's net interest margin?
First United Corporation (FUNC) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.
What is First United Corporation's efficiency ratio?
First United Corporation (FUNC) has an efficiency ratio of 42.9%. This is excellent, indicating strong cost control.