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MARKETS / NASDAQ / Financials / Banks / FUNC
NASDAQ · NATIONAL COMMERCIAL BANKS · MID CAP

First United Corp. FUNC

16 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$24.5M
▲ 19.2% YoY
$15.4M
▼ 24.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Corporation’s primary business is serving as the parent company of First United Bank & Trust, a Maryland trust company (the “Bank”), First United Statutory Trust I (“Trust I”) and First United Statutory Trust II (“Trust II” and together with Trust I, the “Trusts”), both Connecticut statutory business trusts. At December 31, 2025, we had total assets of $2.1 billion, net loans of $1.5 billion and deposits of $1.7 billion. The Bank operates 23 banking offices, one customer service center and 30 Automated Teller Machines (“ATMs”) in Allegany County, Frederick County, Garrett County, and Washington County in Maryland, and in Mineral County, Berkeley County and Monongalia County in West Virginia. The Bank is an independent community bank providing a complete range of retail and commercial banking services to businesses and individuals in its market areas. Our lending activities are conducted through the Bank.

Written from the business description in First United Corporation's annual report to the U.S. Securities and Exchange Commission, filed 10 March 2026. Every sentence was checked against that document before publication.

Growth

·
Revenue, FY2025 · full 16-year series below
Compound annual growth
−0.7%
+12.1%
+6.6%
+0.1%
+13.9%
+15.1%
+13.0%
+14.4%
−0.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
ROE
FY2025 · ROE 12.8%
5%10%15%-5%-10%
201020172025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.
Gross margin·
Operating margin·
Net margin·
EBITDA·

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders

USD 6.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 15.4
50M100M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends 6.0 · Net buybacks ·
5M10MDividendsNet buybacks
20102014201620182020202220242025
Dividends paidUSD 6.0M
Net buybacks·
Share of profit24.3%
Consecutive raises7 years

USD 6.0M in dividends — 24% of the year's profit went back to shareholders.

Total assetsUSD 2.1B
EquityUSD 203.6M
CashUSD 131.6M
Gross debtUSD 113.6M
Net debtUSD -18.0M

The company holds more cash than debt.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
FUNC, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Operating income $B0.00.00.00.0◌◌◌◌◌◌◌◌◌◌◌◌
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.0−0.0−0.0
Net income $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0−0.0
Free cash flow $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.10.1
EPS, diluted $3.773.152.253.762.951.971.851.510.580.841.650.480.760.480.33−1.91
Dividend / sh $0.960.840.800.630.600.520.440.27◌◌◌◌0.200.200.000.03
Payout %2426351620262418028211630——−8
ROE %12.812.19.617.114.510.810.89.54.76.211.35.36.44.83.8−10.7
Shares out B0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.000.00

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

UNH · BRK-A · BRK-B · CI · ELV · CNC
Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 48 reconciliationsAUDITED

Reconciled in 15 of the 16 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. Three checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityNational Commercial Banks
Listed onNASDAQ
Incorporated inMaryland
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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