First United Corp (FUNC)
Operating cash flow minus capital spending left $15.4M of free cash flow in fiscal 2025. At September 30, 2026 it held $74.9M in cash against $30.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about First United Corp
- Net worth
- First United Corp has a market value (market cap) of $297.6M at the latest share price, and shareholders' equity of $214M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $19.4M of cash; after $4M of capital spending, free cash flow was $15.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- First United Corp's next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- First United Corp declared dividends of $0.96 per share in fiscal 2025, a yield of 2.08% at the current price.
What First United Corp does
First United Corp is registered with the SEC under industry code SIC 6021 (National Commercial Banks). Its shares trade on NASDAQ under the ticker FUNC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $18.4M | $24.5M | $3.77 | $15.4M |
| 2024 | $17.7M | $20.6M | $3.15 | $20.4M |
| 2023 | $16.7M | $15.1M | $2.25 | $22.1M |
| 2022 | $16.2M | $25M | $3.76 | $23M |
| 2021 | $16.1M | $19.8M | $2.95 | $18.9M |
| 2020 | $14M | $13.8M | $1.97 | $14.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FUNC ranks in Finance
Dividends
First United Corp declared $0.96 per share in fiscal 2025. At the current price that is a yield of 2.08%. It paid out $6M in cash dividends, 24% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.96 | $6M | 24% |
| 2024 | $0.84 | $5.4M | 26% |
| 2023 | $0.80 | $5.2M | 35% |
| 2022 | $0.63 | $4M | 16% |
| 2021 | $0.60 | $3.9M | 20% |
| 2020 | $0.52 | $3.6M | 26% |
Latest SEC filings
What First United Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026
- October 19, 2026
- September 29, 2026Executive or director change8-KFirst United Corporation elected Steven R. Stuck, Shawn Bender, and Nina Beitzel to its Board of Directors.
- September 24, 2026Other event 8-K
- August 6, 2026
- July 28, 2026Passive stake (5% or more) SCHEDULE 13G
- July 20, 2026
- June 22, 2026Other event 8-K
- May 28, 2026
- May 28, 2026Shareholder vote results 8-K/A
What is FUNC worth? A DCF from its reported cash flow
Insider trades
What the people running First United Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $6.9K and sold $46.3K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Rudy Irvin RobertDirector | Sold | 1,000 | $46.3K |
| November 2, 2026 | Boal Brian R.Director | Bought | 79 | $3.7K |
| November 2, 2026 | Sturm Tonya K.EVP & CFO | Bought | 3 | $122.6 |
| November 2, 2026 | Rush Jason BarryChairman, President & CEO, Director | Bought | 68 | $3.2K |
| October 7, 2026 | Bender Shawn RobertDirector | Received as pay | 784 | - |
| October 7, 2026 | Stuck Steven RichardDirector | Received as pay | 784 | - |
| October 7, 2026 | Beitzel Nina AndreyaDirector | Received as pay | 784 | - |
| August 3, 2026 | Boal Brian R.Director | Bought | 74 | $3.4K |
Who owns FUNC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
19 insiders reported holding 327,270 shares in total, about $15.1M at the last price.
| Holder | Shares |
|---|---|
| Walls H Andrew IIIDirector | 52,079 |
| Rodeheaver Carissa LynnRetired director | 49,010 |
| Rudy Irvin RobertDirector | 36,500 |
| Barr John F.Director | 30,904 |
| Moran BethDirector | 28,952 |
| Rush Jason BarryChairman, President & CEO, Director | 27,469 |
| Boal Brian R.Director | 22,465 |
| DiPietro ChristyDirector | 16,684 |
| Sturm Tonya K.EVP & CFO | 11,901 |
| Milon PatriciaDirector | 11,481 |
Questions about FUNC
What does First United Corp do?
First United Corp is a company in the Finance sector, listed on NASDAQ as FUNC. Its shares trade on NASDAQ under the ticker FUNC.
What is First United Corp's net worth?
First United Corp has a market value (market cap) of $297.6M at the latest share price, and shareholders' equity of $214M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is First United Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $25.3M.
When did First United Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026.
When is First United Corp's next earnings report?
First United Corp's next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does First United Corp pay a dividend?
Yes. First United Corp declared dividends of $0.96 per share in fiscal 2025, a yield of 2.08% at the current price.
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Where the numbers come from
Financial figures are the values First United Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.