First United Corporation (FUNC)

First United Corp.'s stock price has increased by 27.09% over the past six months. Key events include dividend announcements for the second, third, and fourth quarters of 2025, quarterly financial results showing increased net income in the first quarter of 2025 compared to 2024, and the announcement of CEO Carissa L. Rodeheaver's retirement at the conclusion of the 2026 annual meeting, with Jason B. Rush slated to succeed her.

The banking industry, including First United Corp., experiences seasonal trends. Municipal deposit accounts are subject to seasonal fluctuations. Loan demand is typically low in January and February, increases in March, peaks in August or September, and decreases until December. Investment services see increased demand in December and early January, and tax planning contributes to a seasonal rise in banking activity around March.

First United Corp. operates as a bank holding company, providing financial services through First United Bank & Trust. The company offers retail and commercial banking services, segmented into Community Banking and Wealth Management. Major products and services include deposit products like checking, savings, and retirement accounts; loan products such as business, personal, and mortgage loans; and other financial services like brokerage, treasury management, and trust services.

First United Corp. serves communities and business owners across Maryland, West Virginia, Pennsylvania, and Virginia, with a significant market presence in southwestern Pennsylvania and northern West Virginia. The company's headquarters are located in Oakland, Maryland.

First United Corp. has maintained a positive brand reputation, enhanced by its former CEO's balanced approach to growth and risk management. Initiatives like the First United Community Dreams Foundation and Finture contribute to its community engagement and brand image. The company's commitment to personalized service, sound financial stewardship, and active community engagement has solidified its reputation as a trusted financial partner.

First United Corp. has a diverse ownership structure, with institutions holding approximately 46.7% of the shares, the general public owning about 45%, individual insiders holding around 8.04%, and private companies accounting for 0.229%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and State Street Global Advisors, Inc.