(FUNC) First United - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US33741H1077

Deposits, Loans, Mortgages, Trust Services, Insurance

Regional Banks
Market Cap in USD: 243m
IPO / Inception: 1992-09-08
12m vs SPY: 4.58%

EPS (Earnings per Share)

EPS (Earnings per Share) of FUNC over the last years for every Quarter: "2020-12": 0.71, "2021-03": 0.8, "2021-06": 0.66, "2021-09": 0.93, "2021-12": 1.1, "2022-03": 0.86, "2022-06": 0.82, "2022-09": 1.04, "2022-12": 1.04, "2023-03": 0.65, "2023-06": 0.66, "2023-09": 0.67, "2023-12": 0.82, "2024-03": 0.56, "2024-06": 0.75, "2024-09": 0.89, "2024-12": 0.95, "2025-03": 0.89, "2025-06": 0.92, "2025-09": 1.07, "2025-12": 0,
EPS CAGR: -47.54%
EPS Trend: -27.4%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of FUNC over the last years for every Quarter: 2020-12: 19.382, 2021-03: 18.988, 2021-06: 19.381, 2021-09: 19.365, 2021-12: 20.47, 2022-03: 18.553, 2022-06: 19.151, 2022-09: 20.885, 2022-12: 21.635, 2023-03: 22.222, 2023-06: 24.541, 2023-09: 26.017, 2023-12: 22.829, 2024-03: 26.773, 2024-06: 27.94, 2024-09: 28.296, 2024-12: 28.781, 2025-03: 28.976, 2025-06: 29.957, 2025-09: 31.053, 2025-12: null,
Rev. CAGR: 11.75%
Rev. Trend: 95.6%
Last SUE: 0.93
Qual. Beats: 2

Dividends

Dividend Yield 2.85%
Yield on Cost 5y 8.37%
Yield CAGR 5y 12.23%
Payout Consistency 73.9%
Payout Ratio 25.1%
Risk via 5d forecast
Volatility 25.3%
Value at Risk 5%th 29.6%
Relative Tail Risk -28.73%
Reward TTM
Sharpe Ratio 0.61
Alpha 5.54
CAGR/Max DD 0.77
Character TTM
Hurst Exponent 0.589
Beta 0.922
Beta Downside 1.176
Drawdowns 3y
Max DD 37.76%
Mean DD 12.13%
Median DD 10.28%

Description: FUNC First United January 01, 2026

First United Corporation (NASDAQ:FUNC) is the holding company for First United Bank & Trust, delivering a full suite of retail and commercial banking services across the United States through its Community Banking and Wealth Management segments. Its product lineup includes checking and savings accounts, a range of deposit certificates, consumer and commercial loans, mortgages, construction financing, and a variety of trust and wealth-management solutions.

As of Q4 2024, the bank reported total assets of roughly **$2.4 billion**, with a **net interest margin of 3.2 %** and **loan growth of 7 % year-over-year**, driven primarily by residential mortgage and commercial real-estate lending. Deposits rose **5 %** in the same period, reflecting continued consumer confidence despite a tightening credit environment.

The regional-bank sector remains highly sensitive to the **Federal Reserve’s policy rate trajectory**; higher rates typically expand net interest income but can also pressure loan demand and increase credit-risk exposure. Additionally, ongoing consolidation among midsize banks creates both competitive pressure and potential acquisition opportunities for well-capitalized players like FUNC.

For a deeper quantitative analysis and comparable peer metrics, you might explore FUNC’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (24.9m TTM) > 0 and > 6% of Revenue (6% = 7.13m TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA -0.07pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1330 % (prev -1352 %; Δ 21.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.01 (>3.0%) and CFO 18.7m <= Net Income 24.9m (YES >=105%, WARN >=100%)
Net Debt (22.1m) to EBITDA (36.2m) ratio: 0.61 <= 3.0 (WARN <= 3.5)
Current Ratio 0.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (6.51m) change vs 12m ago 0.37% (target <= -2.0% for YES)
Gross Margin 70.44% (prev 67.10%; Δ 3.34pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 6.03% (prev 5.52%; Δ 0.51pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 1.01 (EBITDA TTM 36.2m / Interest Expense TTM 32.6m) >= 6 (WARN >= 3)

Altman Z'' -4.58

(A) -0.78 = (Total Current Assets 119.7m - Total Current Liabilities 1.70b) / Total Assets 2.02b
(B) 0.10 = Retained Earnings (Balance) 203.2m / Total Assets 2.02b
(C) 0.02 = EBIT TTM 33.0m / Avg Total Assets 1.97b
(D) 0.10 = Book Value of Equity 177.8m / Total Liabilities 1.82b
Total Rating: -4.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 65.82

1. Piotroski 3.0pt
2. FCF Yield 6.63%
3. FCF Margin 13.85%
4. Debt/Equity 0.59
5. Debt/Ebitda 0.61
6. ROIC - WACC (= -0.33)%
7. RoE 13.24%
8. Rev. Trend 95.62%
9. EPS Trend -27.37%

What is the price of FUNC shares?

As of January 16, 2026, the stock is trading at USD 38.03 with a total of 31,176 shares traded.
Over the past week, the price has changed by +4.28%, over one month by -3.40%, over three months by +10.36% and over the past year by +23.57%.

Is FUNC a buy, sell or hold?

First United has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy FUNC.
  • Strong Buy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the FUNC price?

Issuer Target Up/Down from current
Wallstreet Target Price 42 10.4%
Analysts Target Price 42 10.4%
ValueRay Target Price 47.4 24.6%

FUNC Fundamental Data Overview January 15, 2026

P/E Trailing = 9.7526
P/S = 2.9082
P/B = 1.2269
Revenue TTM = 118.8m USD
EBIT TTM = 33.0m USD
EBITDA TTM = 36.2m USD
Long Term Debt = 95.9m USD (from longTermDebt, last quarter)
Short Term Debt = 20.2m USD (from shortTermDebt, last quarter)
Debt = 117.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.1m USD (from netDebt column, last quarter)
Enterprise Value = 248.4m USD (243.3m + Debt 117.3m - CCE 112.2m)
Interest Coverage Ratio = 1.01 (Ebit TTM 33.0m / Interest Expense TTM 32.6m)
EV/FCF = 15.09x (Enterprise Value 248.4m / FCF TTM 16.5m)
FCF Yield = 6.63% (FCF TTM 16.5m / Enterprise Value 248.4m)
FCF Margin = 13.85% (FCF TTM 16.5m / Revenue TTM 118.8m)
Net Margin = 20.99% (Net Income TTM 24.9m / Revenue TTM 118.8m)
Gross Margin = 70.44% ((Revenue TTM 118.8m - Cost of Revenue TTM 35.1m) / Revenue TTM)
Gross Margin QoQ = 71.58% (prev 69.88%)
Tobins Q-Ratio = 0.12 (Enterprise Value 248.4m / Total Assets 2.02b)
Interest Expense / Debt = 7.13% (Interest Expense 8.36m / Debt 117.3m)
Taxrate = 24.82% (2.29m / 9.24m)
NOPAT = 24.8m (EBIT 33.0m * (1 - 24.82%))
Current Ratio = 0.07 (Total Current Assets 119.7m / Total Current Liabilities 1.70b)
Debt / Equity = 0.59 (Debt 117.3m / totalStockholderEquity, last quarter 199.1m)
Debt / EBITDA = 0.61 (Net Debt 22.1m / EBITDA 36.2m)
Debt / FCF = 1.34 (Net Debt 22.1m / FCF TTM 16.5m)
Total Stockholder Equity = 188.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.27% (Net Income 24.9m / Total Assets 2.02b)
RoE = 13.24% (Net Income TTM 24.9m / Total Stockholder Equity 188.3m)
RoCE = 11.63% (EBIT 33.0m / Capital Employed (Equity 188.3m + L.T.Debt 95.9m))
RoIC = 7.70% (NOPAT 24.8m / Invested Capital 322.8m)
WACC = 8.02% (E(243.3m)/V(360.6m) * Re(9.31%) + D(117.3m)/V(360.6m) * Rd(7.13%) * (1-Tc(0.25)))
Discount Rate = 9.31% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.11%
[DCF Debug] Terminal Value 77.70% ; FCFF base≈16.6m ; Y1≈16.3m ; Y5≈16.5m
Fair Price DCF = 41.27 (EV 290.2m - Net Debt 22.1m = Equity 268.1m / Shares 6.50m; r=8.02% [WACC]; 5y FCF grow -3.04% → 2.90% )
EPS Correlation: -27.37 | EPS CAGR: -47.54% | SUE: -4.0 | # QB: 0
Revenue Correlation: 95.62 | Revenue CAGR: 11.75% | SUE: 0.93 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.97 | Chg30d=-0.010 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=4.20 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+9.7% | Growth Revenue=+6.8%

Additional Sources for FUNC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle