First United Corporation

First United Corporation

FUNCยทNASDAQ

$38.12

-2.4%
Financial ServicesBanks - Regional

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.

At a Glance

Live Snapshot
Market Cap$245.75M
EPS3.7800
P/E Ratio10.08
Earnings Date07/20/2026
3Y-27.0%
5Y+20.0%
10Y+69.0%
3Y-72.0%
5Y-75.0%
10Y-504.0%
3Y-22.0%
5Y-70.0%
10Y-770.0%
FUNC

First United Corporation Cash Conversion Engine

FUNC ยท NASDAQ
Net Income24.52M
Depreciation & Amortization2.87M
Stock-Based Compensation760.00K
Change in Working Capital-10.98M
Others2.79M
Capital Expenditures-3.97M
Free Cash Flow15.40M

Cash Flow Quality Analysis

FCF Conversion Rate

62.8%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

20.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-24.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$10.98M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

First United Corporation Cash Flow Statement

FUNC โ€ข NASDAQ

First United Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
24.5M
20.6M
15.1M
25M
19.8M
13.8M
13.1M
10.7M
5.3M
7.3M
13M
5.6M
6.4M
4.7M
3.6M
-10.2M
-11.3M
8.9M
12.8M
12.6M
2.9M
3.8M
4.9M
3.6M
3.4M
3.6M
3.4M
2.4M
1.9M
1.7M
1.8M
1.9M
2M
2M
2.6M
3.2M
3.8M
3.5M
3.2M
3M
-576K
-825K
-889K
595K
550K
527K
953K
1.3M
9.3M
2.1M
3.9M
636K
1.3M
400K
-1.5M
-1.8M
-9M
-3.1M
0.0
0.0
760K
483K
527K
532K
472K
345K
268K
249K
192K
192K
191K
134K
88K
73K
78K
70K
-16K
149K
0.0
0.0
2.8M
24K
1.6M
-3.2M
-2.9M
-278K
-2.2M
1.4M
632K
1.3M
314K
1.7M
3M
7.3M
42.6M
147.2M
41.5M
13.7M
2.9M
488K
(8.5M)
(5.4M)
(6.1M)
(7.5M)
(5.7M)
(1.2M)
(1M)
(530K)
(175K)
(540K)
(125K)
(0.0)
(1M)
(620K)
(0.0)
(300K)
(1.9M)
(7.3M)
(0.0)
(0.0)
-11M
-1.8M
1.3M
-89K
-1.3M
-1.8M
897K
2.2M
-4.3M
-1.1M
3.1M
-6.1M
5.8M
743K
15.6M
4.1M
-20.9M
-5.7M
-4.5M
-3M
19.4M
22.3M
22.5M
26.5M
20M
16.2M
16.4M
18.3M
12.9M
11.5M
22.2M
3.9M
18.7M
15.2M
63M
142.6M
3.9M
17.4M
14.5M
13.1M
INVESTING ACTIVITIES
(0.0)
-1.9M
-353K
-3.6M
-1.1M
-1.6M
-4M
-9.5M
-6.6M
-3.9M
-1.4M
-720K
-941K
-1.3M
-236K
-3.9M
-3.4M
-2.6M
-4.1M
-5.3M
(0.0)
(0.0)
(0.0)
-600K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.4M
-680K
(0.0)
-24.6M
-11.2M
-4M
-73.3M
-134.1M
-205.7M
-47.5M
-10.6M
-44.8M
-65.7M
-51.3M
-160.5M
-205.1M
-98.8M
-178.3M
-201.4M
-81.9M
-232.8M
-163.5M
-89.6M
14.7M
52.5M
53.9M
31.5M
80.1M
135.8M
56.5M
19.6M
44M
101.5M
110.1M
188.6M
80.5M
116.8M
164.7M
128.2M
156.3M
130.2M
116.8M
59.3M
-38.1M
-77.8M
-131.2M
-126.4M
26.7M
-119.7M
-37.6M
-113.3M
-333K
-20M
-38.7M
-29.7M
61.9M
58.9M
28.8M
85.1M
-507K
-101.2M
-80.2M
-5.6M
-48M
-38.4M
-81.7M
-172.4M
-28.4M
-191.3M
-32.5M
-113.7M
-7.7M
(11.9M)
(18.8M)
-2.4M
-63.6M
(75.6M)
(14.9M)
(8M)
(70.5M)
-208.8M
-131.7M
-41.1M
FINANCING ACTIVITIES
315K
-3.7M
-1.2M
217K
-7M
-2.6M
170K
119K
9.2M
0.0
1K
0.0
0.0
0.0
0.0
48K
488K
-1M
-48K
502K
-72.7M
30M
60.9M
6.9M
-61.5M
432K
-29M
8.9M
2M
-15.6M
-39M
-3.9M
4.4M
-21.9M
-38.3M
-27.4M
-9.8M
94.3M
1.7M
15.4M
-6M
-5.4M
-5.2M
-4M
-3.9M
-3.6M
-3.1M
-1.9M
-1.2M
-2M
-2.7M
-9.1M
(0.0)
(0.0)
(0.0)
-1.9M
-6.1M
-4.8M
-4.8M
-4.7M
(0.0)
-4M
-1.5M
(0.0)
-7.2M
-2.8M
(0.0)
(0.0)
(0.0)
-10M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.4M
-524K
(0.0)
160.3M
23.9M
-19.8M
101.4M
47M
280.3M
74.5M
28.3M
25.2M
15.4M
17.5M
3.9M
519K
-50.9M
-273.9M
-10.9M
81.3M
96.3M
121.4M
15.5M
81.9M
44.7M
34.7M
104.5M
-25.3M
274.6M
42.6M
35.2M
15.2M
-12.2M
-24.3M
-9.1M
4.9M
-72.8M
-312.2M
-40.3M
95.9M
184.9M
118.2M
26.8M
CASH FLOW SUMMARY
53.3M
28.6M
-24.6M
-41.4M
-33.7M
99.5M
26.4M
-60.2M
20.4M
11.2M
16.7M
-7.6M
-40M
18M
-234.2M
109.6M
170.4M
-6.5M
991K
-1.3M
78.3M
49.8M
74.3M
115.7M
149.4M
50M
23.5M
83.8M
63.3M
52.1M
35.5M
43.1M
83.1M
65.1M
299.3M
189.7M
19.3M
25.8M
23.3M
24.6M
131.6M
78.3M
49.8M
74.3M
115.7M
149.4M
50M
23.5M
83.8M
63.3M
52.1M
35.5M
43.1M
83.1M
65.1M
299.3M
189.7M
19.3M
24.3M
23.3M
15.4M
20.4M
22.1M
23M
18.9M
14.6M
12.4M
8.8M
6.4M
7.6M
20.8M
3.2M
17.7M
13.9M
62.8M
138.8M
500K
14.9M
10.3M
7.8M

SEC Filings

FUNC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 27, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

May 28, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 20, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

March 12, 2026
March 06, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

March 10, 2026
December 31, 2025
2025
Showing 1 to 10 of 489 filings