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First United

FUNC

First United Corp is a financial holding company that operates as the parent of First United Bank & Trust, providing a full suite of retail and commercial banking services.

Market cap
$284.87M+36.6%
Revenue$93.3M+11.4%
Net income$25.1M+5.5%
EPS (diluted)$3.86+5.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$24.4M
EPS estimate$1.16

Financials

Q2 2026

Income statement

See full
Revenue$23.9M+9.7%
Net income$5.7M-5.3%
EPS (diluted)$0.87-5.4%

Balance sheet

See full
Cash & equivalents$85.2M+7.7%
Total debt$101.2M-41.6%
Total equity$212.4M+11.1%
Total assets$2.1B+3.7%

Valuation & ratios

Valuation

See full
Market cap$284.87M+36.6%
Enterprise value$300.86M-1.5%
P/E11.4×+2.5×
P/S3.1×+0.5×

Profitability

See full
Net margin26.9%-1.5pp

Returns & leverage

See full
Return on equity12.4%-0.9pp
Debt / equity0.5×-0.4×

Competitors

Profile

First United Corp is a financial holding company that operates as the parent of First United Bank & Trust, providing a full suite of retail and commercial banking services. The company focuses on community-based financial solutions, including lending, deposit activities, and wealth management services. Its core value proposition centers on personalized service and local expertise within its specific market areas in Maryland and West Virginia.

Competitive position

A dominant community bank in Garrett County, MD and Mineral County, WV, maintaining significant local deposit market share against larger regional and national institutions.

GeographiesMaryland, West Virginia, United States
Customer segmentsRetail, Commercial, Municipal, High-Net-Worth
Business modelInterest Spread, Fee-based Services, Asset Management
SuppliersFederal Reserve System, FDIC, Technology Service Providers, Capital Markets
CustomersSmall and Medium Enterprises, Individual Consumers, Local Government Entities, Real Estate Investors
Listed1992
Employees338.0
CEOJason Rush
Websitemybank.com
FilingsSEC EDGAR

FAQ

What is First United's market cap?
First United (FUNC) has a market capitalization of $284.9M and trades on NASDAQ.
What is First United's revenue and profitability?
First United generated $93.3M in trailing twelve-month revenue with net income of $25.1M, representing a net margin of 26.9%. These figures are based on the Q2 2026 filing.
Who are First United's competitors?
First United's key competitors include United Bank, Manufacturers and Traders Trust Company, Truist Bank, and others. These companies compete in similar markets and product categories.
Who does First United partner with?
First United's notable partners include Cetera Investment Services, LLC, IntraFi Network.
What subsidiaries does First United have?
First United's subsidiaries include First United Bank & Trust, OakFirst Loan Center, Inc., OakFirst Loan Center, LLC, and others.
Where is First United headquartered?
First United is headquartered in United States of America and employs approximately 338 people. It has been publicly traded since 1992.