(FUNC) First United - Overview
Stock: Deposits, Loans, Mortgages, Trust Services, Insurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.87% |
| Yield on Cost 5y | 6.62% |
| Yield CAGR 5y | 12.23% |
| Payout Consistency | 73.9% |
| Payout Ratio | 33.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.3% |
| Relative Tail Risk | -28.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.37 |
| Alpha | 6.83 |
| Character TTM | |
|---|---|
| Beta | 0.924 |
| Beta Downside | 1.138 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.76% |
| CAGR/Max DD | 0.85 |
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 |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.07 > 1.0 |
| NWC/Revenue: -1330 % < 20% (prev -1352 %; Δ 21.37% < -1%) |
| CFO/TA 0.01 > 3% & CFO 18.7m > Net Income 24.9m |
| Net Debt (22.1m) to EBITDA (36.2m): 0.61 < 3 |
| Current Ratio: 0.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.51m) vs 12m ago 0.37% < -2% |
| Gross Margin: 70.44% > 18% (prev 0.67%; Δ 6977 % > 0.5%) |
| Asset Turnover: 6.03% > 50% (prev 5.52%; Δ 0.51% > 0%) |
| Interest Coverage Ratio: 1.01 > 6 (EBITDA TTM 36.2m / Interest Expense TTM 32.6m) |
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 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) |
| Altman-Z'' Score: -4.58 = D |
Beneish M -3.01
| DSRI: 0.94 (Receivables 7.48m/7.05m, Revenue 118.8m/105.8m) |
| GMI: 0.95 (GM 70.44% / 67.10%) |
| AQI: 1.03 (AQ_t 0.93 / AQ_t-1 0.90) |
| SGI: 1.12 (Revenue 118.8m / 105.8m) |
| TATA: 0.00 (NI 24.9m - CFO 18.7m) / TA 2.02b) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of FUNC shares?
Over the past week, the price has changed by +3.31%, over one month by +6.53%, over three months by +12.57% and over the past year by +11.45%.
Is FUNC a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FUNC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 42 | 6.1% |
| Analysts Target Price | 42 | 6.1% |
| ValueRay Target Price | 49.2 | 24.3% |
FUNC Fundamental Data Overview February 05, 2026
P/S = 3.0845
P/B = 1.2508
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 = 263.1m USD (258.1m + Debt 117.3m - CCE 112.2m)
Interest Coverage Ratio = 1.01 (Ebit TTM 33.0m / Interest Expense TTM 32.6m)
EV/FCF = 15.99x (Enterprise Value 263.1m / FCF TTM 16.5m)
FCF Yield = 6.25% (FCF TTM 16.5m / Enterprise Value 263.1m)
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 = 0.13 (Enterprise Value 263.1m / 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 = 8.08% (E(258.1m)/V(375.3m) * Re(9.32%) + D(117.3m)/V(375.3m) * Rd(7.13%) * (1-Tc(0.25)))
Discount Rate = 9.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.11%
[DCF Debug] Terminal Value 77.48% ; FCFF base≈16.6m ; Y1≈16.3m ; Y5≈16.5m
Fair Price DCF = 40.78 (EV 287.1m - Net Debt 22.1m = Equity 264.9m / Shares 6.50m; r=8.08% [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%