FUNC Stock Financial Analysis - First United Corporation (NasdaqGS) Stock

Overview

First United Corporation is a financial services holding company based in the United States, specifically headquartered in Oakland, Maryland. Operating primarily through its subsidiary, First United Bank & Trust, the corporation engages in a comprehensive range of banking and financial services. These services encompass commercial and retail banking, mortgage banking, and trust services, catering to businesses and individual clients predominantly in the Mid-Atlantic region. Key projects and strategies generally focus on expanding its market share, enhancing technological integration for improved customer service, and maintaining robust compliance and risk management frameworks. First United Corporation's approach is calibrated to strengthen its financial health and ensure sustainable growth within the competitive banking industry.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for First United Corporation as of June 30, 2025 is 81.45 MM.
The operating income for First United Corporation as of June 30, 2025 is 33.01 MM.
The net income for First United Corporation as of June 30, 2025 is 23.75 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	81.45	33.01	23.75
2025-03-31	79.40	31.39	22.68
2024-12-31	76.87	28.57	20.57
2024-09-30	71.03	22.09	16.14
2024-06-30	69.63	20.23	14.88
2024-03-31	69.09	19.55	14.38
2023-12-31	69.72	20.38	15.06
2023-09-30	75.74	27.59	20.27
2023-06-30	77.06	31.26	22.69
2023-03-31	76.48	32.57	23.71
2022-12-31	76.31	34.41	25.05
2022-09-30	75.79	33.60	25.63
2022-06-30	74.27	32.23	23.08
2022-03-31	73.88	30.71	22.05
2021-12-31	72.73	30.43	19.77
2021-09-30	69.69	28.14	16.78
2021-06-30	68.16	26.18	17.35
2021-03-31	65.49	23.69	15.52
2020-12-31	61.72	18.41	13.84
2020-09-30	60.21	16.28	12.17

Income Statement: EPS

The earnings per share basic for First United Corporation as of June 30, 2025 is 3.67.
The earnings per share diluted for First United Corporation as of June 30, 2025 is 3.65.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	3.67	3.65
2025-03-31	3.50	3.49
2024-12-31	3.15	3.15
2024-09-30	2.46	2.45
2024-06-30	2.24	2.25
2024-03-31	2.15	2.16
2023-12-31	2.25	2.25
2023-09-30	3.03	3.02
2023-06-30	3.40	3.39
2023-03-31	3.56	3.55
2022-12-31	3.77	3.76
2022-09-30	3.86	3.87
2022-06-30	3.48	3.49
2022-03-31	3.33	3.33
2021-12-31	2.95	2.95
2021-09-30	2.47	2.46
2021-06-30	2.52	2.50
2021-03-31	2.22	2.21
2020-12-31	1.98	1.97
2020-09-30	1.73	1.73

Cash Flow: Operations, Investing, Financing

The cash from operating activities for First United Corporation as of June 30, 2025 is 19.49 MM.
The cash from investing activities for First United Corporation as of June 30, 2025 is -95.73 MM.
The cash from financing activities for First United Corporation as of June 30, 2025 is 110.26 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	19.49	-95.73	110.26
2025-03-31	25.66	-69.92	41.76
2024-12-31	22.28	-38.44	44.73
2024-09-30	18.74	1.30	-38.30
2024-06-30	25.18	12.34	-80.97
2024-03-31	22.55	-44.60	-46.91
2023-12-31	22.47	-81.71	34.68
2023-09-30	24.58	-77.62	102.93
2023-06-30	24.13	-108.71	151.48
2023-03-31	26.98	-100.09	152.89
2022-12-31	26.54	-172.40	104.46
2022-09-30	28.31	-212.74	80.25
2022-06-30	23.86	-171.69	-24.94
2022-03-31	15.20	-97.92	-34.19
2021-12-31	20.02	-28.43	-25.31
2021-09-30	18.80	-45.66	6.19
2021-06-30	19.96	-49.82	107.19
2021-03-31	20.39	-203.85	304.47
2020-12-31	16.17	-191.28	274.56
2020-09-30	18.10	-183.19	236.52

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for First United Corporation as of June 30, 2025 is 1.09.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		1.09
2025-03-31		1.07
2024-12-31		1.25	1.44
2024-09-30	12.92	1.17	1.36
2024-06-30	9.33	0.81	0.94
2024-03-31	9.98	0.93
2023-12-31	7.77	1.02	1.10
2023-09-30	4.79	0.70	0.76
2023-06-30	4.14	0.64	0.76
2023-03-31	4.49	0.74
2022-12-31		1.01	1.11
2022-09-30		0.85	0.93
2022-06-30		0.91	1.10
2022-03-31	7.44	1.04	1.13
2021-12-31	7.40	0.93	1.01
2021-09-30	7.02	0.93	1.02
2021-06-30
2021-03-31	10.17	1.22	1.47
2020-12-31	11.39	1.20	1.45
2020-09-30	12.95	1.21	1.32

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for First United Corporation as of June 30, 2025 is 0.09.
The ebit (3y)/ev for First United Corporation as of June 30, 2025 is 0.08.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.09	0.08
2025-03-31	0.08	0.08
2024-12-31	0.06	0.07
2024-09-30	0.06	0.08
2024-06-30	0.09	0.13
2024-03-31	0.08	0.10
2023-12-31	0.11	0.11
2023-09-30	0.17	0.15
2023-06-30	0.30	0.27
2023-03-31	0.25	0.21
2022-12-31	0.15	0.11
2022-09-30	0.16	0.12
2022-06-30	0.21	0.16
2022-03-31	0.22	0.17
2021-12-31	0.24	0.20
2021-09-30	0.29	0.23
2021-06-30
2021-03-31	0.16	0.13
2020-12-31	0.11	0.10
2020-09-30	0.10	0.10

Management Effectiveness

The roa for First United Corporation as of June 30, 2025 is 0.01.
The roe for First United Corporation as of June 30, 2025 is 0.14.
The roic for First United Corporation as of June 30, 2025 is 0.05.
The croic for First United Corporation as of June 30, 2025 is -0.01.
The ocroic for First United Corporation as of June 30, 2025 is 0.06.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.01	0.14	0.05	-0.01	0.06
2025-03-31	0.01	0.12	0.05	0.07	0.06
2024-12-31	0.01	0.10	0.04	-0.05	0.05
2024-09-30	0.01	0.10	0.04	-0.13	0.07
2024-06-30	0.01	0.09	0.05	-0.22	0.07
2024-03-31	0.01	0.10	0.05	-0.08	0.07
2023-12-31	0.01	0.15	0.06	0.16	0.08
2023-09-30	0.01	0.17	0.07	0.21	0.08
2023-06-30	0.01	0.18	0.07	0.21	0.08
2023-03-31	0.01	0.18	0.09	0.32	0.11
2022-12-31	0.01	0.19	0.10	-0.41	0.11
2022-09-30	0.01	0.17	0.11	-0.44	0.12
2022-06-30	0.01	0.17	0.10	-0.77	0.11
2022-03-31	0.01	0.15	0.10	-0.51	0.07
2021-12-31	0.01	0.13	0.08	-0.14	0.08
2021-09-30	0.01	0.13	0.06	-0.07	0.07
2021-06-30	0.01	0.14	0.07	0.33	0.08
2021-03-31	0.01	0.12	0.05	0.42	0.07
2020-12-31	0.01	0.11	0.05	0.35	0.06
2020-09-30	0.01	0.10	0.04	0.25	0.06

Gross Margins

The gross margin for First United Corporation as of June 30, 2025 is 1.00.
The net margin for First United Corporation as of June 30, 2025 is 0.29.
The operating margin for First United Corporation as of June 30, 2025 is 0.40.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	1.00	0.29	0.40
2025-03-31	1.00	0.27	0.37
2024-12-31	1.00	0.23	0.31
2024-09-30	1.00	0.21	0.29
2024-06-30	1.00	0.21	0.28
2024-03-31	1.00	0.22	0.29
2023-12-31	1.00	0.27	0.36
2023-09-30	1.00	0.29	0.41
2023-06-30	1.00	0.29	0.41
2023-03-31	1.00	0.31	0.43
2022-12-31	1.00	0.34	0.51
2022-09-30	1.00	0.34	0.51
2022-06-30	1.00	0.31	0.43
2022-03-31	1.00	0.30	0.42
2021-12-31	1.00	0.27	0.42
2021-09-30	1.00	0.24	0.37
2021-06-30	1.00	0.26	0.39
2021-03-31	1.00	0.24	0.36
2020-12-31	1.00	0.22	0.30
2020-09-30	1.00	0.20	0.27