$38.12
-2.4%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.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
FUNC โข NASDAQ
| First United Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
119.2M | 111.8M | 95.6M | 80.4M | 78.6M | 76.9M | 74.7M | 67.5M | 61.3M | 60.5M | 59.5M | 60.4M | 63.3M | 68M | 75.9M | 80.1M | 101.1M | 111.7M | 108.7M | 94.3M | |
GROSS PROFIT | ||||||||||||||||||||
(35.5M) | (34.9M) | (25.9M) | (4.2M) | (4.9M) | (15.1M) | (12.8M) | (10.2M) | (9.9M) | (11.3M) | (10.5M) | (13.4M) | (12.1M) | (23.4M) | (30.4M) | (44.9M) | (47.7M) | (56M) | (51.6M) | (40.5M) | |
83.7M | 76.9M | 69.7M | 76.3M | 73.7M | 61.9M | 61.9M | 57.3M | 51.4M | 49.2M | 49M | 47M | 51.2M | 44.6M | 45.6M | 35.2M | 53.5M | 55.7M | 57M | 53.8M | |
OPERATING INCOME | ||||||||||||||||||||
(51.2M) | (49.6M) | (50.3M) | (43.1M) | (47.4M) | (44.1M) | (45.4M) | (43.9M) | (39.2M) | (39.1M) | (29.5M) | (40.2M) | (42.5M) | (39M) | (42.6M) | (53.4M) | (73.3M) | (43.3M) | (38.5M) | (35.5M) | |
(35.1M) | (30.8M) | (30.4M) | (26.4M) | (26.5M) | (23.1M) | (25.5M) | (25.3M) | (23.4M) | (22.2M) | (23.4M) | (22M) | (22.5M) | (21.5M) | (22.6M) | (28M) | (25.4M) | (23.3M) | (20.6M) | (19.1M) | |
32.5M | 27.2M | 19.5M | 33.2M | 26.3M | 17.8M | 16.5M | 13.4M | 12.2M | 10.1M | 19.5M | 6.9M | 8.7M | 5.6M | 3M | -18.2M | -19.8M | 12.4M | 18.5M | 18.3M | |
PRE-TAX INCOME | ||||||||||||||||||||
(32.7M) | (32M) | (24.3M) | (4.8M) | (5.7M) | (9.7M) | (11.5M) | (8.1M) | (7.4M) | (8.2M) | (9.4M) | (10.9M) | (11.7M) | (14M) | (21.2M) | (29.2M) | (32.1M) | (43M) | (49.3M) | (39.3M) | |
68.1M | 60M | 56.9M | 57.6M | 52.5M | 48.5M | 46.4M | 44.2M | 39.6M | 37.6M | 35.6M | 35.5M | 38.2M | 39.1M | 38.3M | 41.6M | 53.2M | 52.2M | 44.2M | 40.9M | |
(16.1M) | (18.9M) | (19.8M) | (16.7M) | (20.9M) | (20.9M) | (19.9M) | (18.5M) | (15.8M) | (17M) | (6.1M) | (18.1M) | (20M) | (17.6M) | (20M) | (25.5M) | (47.8M) | (20M) | (17.8M) | (16.4M) | |
32.5M | 27.2M | 19.5M | 33.2M | 26.3M | 17.8M | 16.5M | 13.4M | 12.2M | 10.1M | 19.5M | 6.9M | 8.7M | 5.6M | 3M | -18.2M | -19.8M | 12.4M | 18.5M | 18.3M | |
NET INCOME | ||||||||||||||||||||
(8M) | (6.7M) | (4.4M) | (8.1M) | (6.5M) | (3.9M) | (3.4M) | (2.8M) | (6.9M) | (2.8M) | (6.5M) | (1.3M) | (2.2M) | (913K) | -635K | -8M | -8.5M | (3.6M) | (5.7M) | (5.7M) | |
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 |
FUNC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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