FUNC
FIRST UNITED CORP/MD/Company Information
- Company Name
- FIRST UNITED CORP/MD/
- CIK
- CIK0000763907
- Category
- Accelerated filer<br>Smaller reporting company
- Ticker: Exchange
- FUNC: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 02 Finance
- SIC
- 6021
- SIC Description
- National Commercial Banks
- Ticker
- FUNC
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-08-03
- Last sale
- 2026-07-28
- Shares purchased (TTM)
- 1,592.22
- Shares sold (TTM)
- 13,250.85
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 3,072,186
- Shares outstanding
- 6,451,000
- Ownership
- 47.62%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -4.72%
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||||||||||
| Cash And Due From Banks | 84 | 89 | 130 | 92 | 77 | 83 | 77 | 61 | 44 | 86 | 48 | 79 | ||||||
| Interest Bearing Deposits In Banks | 1 | 1 | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | ||||||
| Cash And Cash Equivalents At Carrying Value | 85 | 90 | 132 | 95 | 79 | 84 | 78 | 62 | 45 | 87 | 50 | 81 | ||||||
| Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss Current | - | - | - | - | - | - | - | - | - | - | - | 114 | ||||||
| Debt Securities Available For Sale Excluding Accrued Interest | 108 | 109 | 107 | 105 | 104 | 100 | 94 | 93 | 93 | 96 | 97 | - | ||||||
| Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss Current | - | - | - | - | - | - | - | - | 174 | 183 | 214 | 216 | ||||||
| Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss | 170 | 173 | 171 | 173 | 175 | 174 | 175 | 174 | - | - | 214 | - | ||||||
| Equity Securities Fv Ni Current And Noncurrent | 1 | 1 | - | 1 | 1 | 1 | - | - | - | - | - | - | ||||||
| Restricted Investments | 2 | 2 | 5 | 5 | 6 | 6 | 6 | 6 | 3 | 3 | 5 | 5 | ||||||
| Loans Held For Sale Fair Value Disclosure | - | 0 | 0 | 1 | 0 | - | 1 | 0 | 0 | 0 | 0 | 0 | ||||||
| Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process | 1,572 | 1,525 | - | 1,497 | 1,502 | 1,480 | 1,481 | 1,448 | 1,423 | 1,412 | 1,407 | 1,380 | ||||||
| Financing Receivable Loan In Process | -1 | -1 | - | -0 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | ||||||
| Financing Receivable Allowance For Credit Loss Excluding Accrued Interest | -21 | -20 | - | -19 | -19 | -18 | -18 | -18 | -18 | -18 | -17 | -17 | ||||||
| Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss | 1,551 | 1,505 | - | 1,477 | 1,483 | 1,461 | 1,462 | 1,430 | 1,405 | 1,394 | 1,389 | 1,363 | ||||||
| Property Plant And Equipment Net | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 31 | 30 | 30 | 31 | 33 | ||||||
| Intangible Assets Net Including Goodwill | 11 | 11 | - | - | - | - | - | - | - | - | - | - | ||||||
| Bank Owned Life Insurance | 51 | 50 | 50 | 50 | 50 | 49 | 49 | 49 | 48 | 48 | 48 | 47 | ||||||
| Deferred Income Tax Assets Net | 8 | 9 | 9 | 8 | 9 | 10 | 10 | 9 | 11 | 11 | 11 | 13 | ||||||
| Real Estate Acquired Through Foreclosure | - | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | ||||||
| Other Foreclosed Assets | 3 | 3 | 3 | 3 | 3 | 3 | 3 | - | - | - | 0 | - | ||||||
| Operating Lease Right Of Use Asset | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | ||||||
| Defined Benefit Plan Assets For Plan Benefits Noncurrent | 24 | 20 | 21 | 21 | 19 | 16 | 18 | 16 | 13 | 13 | 11 | 7 | ||||||
| Accrued Investment Income Receivable | 8 | 7 | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 7 | 7 | ||||||
| Other Assets | 25 | 24 | 26 | 31 | 27 | 22 | 23 | 23 | 22 | 22 | 23 | 23 | ||||||
| Assets | 2,082 | 2,039 | 2,087 | 2,024 | 2,007 | 1,980 | 1,973 | 1,916 | 1,869 | 1,913 | 1,906 | 1,928 | ||||||
Liabilities | ||||||||||||||||||
| Noninterest Bearing Deposit Liabilities Domestic | 441 | 451 | 453 | 430 | 426 | 422 | 427 | 419 | 424 | 423 | 428 | 430 | ||||||
| Interest Bearing Deposit Liabilities Domestic | 1,294 | 1,299 | 1,282 | 1,249 | 1,188 | 1,201 | 1,148 | 1,121 | 1,113 | 1,141 | 1,123 | 1,145 | ||||||
| Deposits Domestic | 1,736 | 1,751 | 1,735 | 1,679 | 1,614 | 1,624 | 1,575 | 1,540 | 1,537 | 1,563 | 1,551 | 1,575 | ||||||
| Short Term Borrowings | 69 | 20 | 18 | 20 | 51 | 20 | 65 | 50 | 63 | 79 | 45 | 53 | ||||||
| Long Term Debt | 31 | 31 | 96 | 96 | 121 | 121 | 121 | 121 | 71 | 71 | 111 | 111 | ||||||
| Operating Lease Liability | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | ||||||
| Defined Benefit Plan Benefit Obligation | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 10 | 10 | 10 | 7 | ||||||
| Off Balance Sheet Credit Loss Liability | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Interest Payable Current And Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 1 | 1 | 1 | 1 | ||||||
| Other Liabilities | 20 | 19 | 21 | 17 | 17 | 19 | 20 | 15 | 19 | 19 | 23 | 21 | ||||||
| Dividends Payable Current And Noncurrent | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Liabilities | 1,870 | 1,834 | 1,884 | 1,825 | 1,816 | 1,796 | 1,794 | 1,742 | 1,704 | 1,747 | 1,744 | 1,773 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Additional Paid In Capital | 20 | 19 | 22 | 21 | 21 | 21 | 20 | 20 | 20 | 24 | 24 | 25 | ||||||
| Retained Earnings Accumulated Deficit | 216 | 212 | 207 | 203 | 198 | 193 | 189 | 184 | 180 | 176 | 174 | 173 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -23 | -26 | -25 | -25 | -28 | -30 | -30 | -31 | -36 | -35 | -36 | -44 | ||||||
| Stockholders Equity | 212 | 205 | 204 | 199 | 191 | 184 | 179 | 174 | 164 | 165 | 162 | 155 | ||||||
| Liabilities And Stockholders Equity | 2,082 | 2,039 | 2,087 | 2,024 | 2,007 | 1,980 | 1,973 | 1,916 | 1,869 | 1,913 | 1,906 | 1,928 | ||||||
| Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Held To Maturity Securities Fair Value | 146 | 149 | 149 | 149 | 148 | 147 | 145 | 149 | 143 | 152 | 184 | 177 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | 0.01 | - | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Common Stock Shares Authorized | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | ||||||
| Common Stock Shares Issued | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | ||||||
| Shares Outstanding | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialFIRST UNITED CORP/MD/ (FUNC) — SEC Financial Statements & Analysis
FIRST UNITED CORP/MD/ (FUNC) is a national commercial banks company, incorporated in MD. FIRST UNITED CORP/MD/ trades on Nasdaq as: FUNC. FIRST UNITED CORP/MD/ (FUNC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, FIRST UNITED CORP/MD/ carries a market cap of $282.92M, a P/E ratio of 11.29x, a P/B ratio of 1.33x, a P/S ratio of 2.73x, an enterprise value of $297.90M, and an EV/EBITDA multiple of 7.96x. On profitability, it posts a gross margin of 69.42%, an operating margin of 31.91%, a net margin of 24.14%, a Return on Equity (ROE) of 12.42%, and a Return on Invested Capital (ROIC) of 10.89%. Per share, it reports EPS of $3.88, diluted EPS of $3.88, free cash flow per share of $4.03, and a dividend per share of $1.00. Over the trailing year, it posted revenue growth of 8.22% year-over-year, net income growth of 5.51% year-over-year, and EPS growth of 6.13% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 9.37x, free cash flow of $25.99M (TTM), and net debt of $14.97M. Figures sourced from SEC EDGAR.
- Market Cap
- $282.92M
- P/E TTM
- 11.29x
- EPS TTM
- $3.88
- P/B TTM
- 1.33x
- ROE TTM
- 12.42%
- Free Cash Flow TTM
- $25.99M
- Net Revenue TTM Growth 1Y
- 8.22%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is FIRST UNITED CORP/MD/ in?
FIRST UNITED CORP/MD/ (FUNC) operates in the National Commercial Banks industry.
What exchange does FUNC trade on?
FIRST UNITED CORP/MD/ (FUNC) trades on the Nasdaq.
Where is FIRST UNITED CORP/MD/ incorporated?
FIRST UNITED CORP/MD/ is incorporated in MD.
When was FIRST UNITED CORP/MD/ (FUNC)'s most recent SEC filing?
FIRST UNITED CORP/MD/ (FUNC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is FUNC's market cap?
FIRST UNITED CORP/MD/ (FUNC) has a market capitalization of $282.92M as of 2026-06-30.
What is FUNC's P/E ratio?
FIRST UNITED CORP/MD/ (FUNC)'s trailing twelve month P/E ratio is 11.29x as of 2026-06-30.
What is FUNC's EPS (earnings per share)?
FIRST UNITED CORP/MD/ (FUNC)'s trailing twelve month EPS is $3.88 as of 2026-06-30.
What is FUNC's ROE (return on equity)?
FIRST UNITED CORP/MD/ (FUNC)'s trailing twelve month Return on Equity (ROE) is 12.42% as of 2026-06-30.
What is FUNC's ROIC (return on invested capital)?
FIRST UNITED CORP/MD/ (FUNC)'s trailing twelve month Return on Invested Capital (ROIC) is 10.89% as of 2026-06-30.
What is FUNC's EV/EBITDA?
FIRST UNITED CORP/MD/ (FUNC)'s trailing twelve month EV/EBITDA is 7.96x as of 2026-06-30.