First United Corporation (FUNC)

In the past six months, First United Corp. experienced several events impacting its stock price. The company's Q1 2025 earnings beat estimates, with a consolidated net income of $5.8 million. The company's Q2 2025 earnings and revenues surpassed estimates, with a net income of $11.8 million for the first six months of 2025. First United (FUNC) was upgraded to a "Buy" rating on September 12, 2025. The company's Q3 2025 financial results were strong, leading to a dividend increase, declaring a cash dividend of $0.26 per share payable on November 3, 2025. Dividends were declared on March 5, 2025, June 18, 2025, and September 24, 2025.

First United Corp. experiences demand seasonality in residential mortgage loan production, particularly construction lending, which decreases in the fourth quarter. Seasonal fluctuations in municipal deposit accounts can impact interest-bearing demand deposits, leading to decreases in interest-bearing checking deposits. The company has historically utilized short-term borrowings and brokered deposits to manage the seasonality of public deposits.

First United Corporation (FUNC) is a bank holding company operating through its subsidiary, First United Bank & Trust, providing community banking and wealth management services. It offers a range of financial products and services, including deposit accounts, business and personal loans, mortgage loans, and commercial loans. Additionally, it provides brokerage services, treasury management, insurance products, and trust services.

First United Corporation is headquartered in Oakland, Maryland, and operates 22 banking offices, one customer service center, and 30 ATMs across Maryland, West Virginia, Pennsylvania, and Virginia. The company focuses on serving local communities in these regions.

First United Corporation aims to enrich the lives of its stakeholders through service and customized financial solutions. The company emphasizes its long-standing presence and dedication to local communities, with a vision to be a trusted financial partner upholding integrity, customer focus, and community involvement. There is no information detailing negative events that have affected First United Corp.'s brand reputation in the past year.

First United Corp. has a diverse ownership structure, with approximately 46.6% held by institutions, 8.03% by individual insiders, and 45.2% by the general public. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., and State Street Global Advisors, Inc. Insider trading activity in the past three months has shown that insiders have sold more shares than they have bought.