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Companies / Financials / First United Corporation
FUNC

First United Corporation

FinancialsCommercial Banks
Ticker FUNCOAKLAND, MDFiscal year ends DecemberBook value per share $33.06Diluted shares 6.5M

First United Corporation (Nasdaq: FUNC) is a bank holding company whose primary business is operating First United Bank & Trust, a community bank serving individuals and businesses in Maryland and West Virginia. The Bank provides checking, savings and money market accounts, certificates of deposit, commercial and… From the company’s description.

Over the twelve months to Sep 30, 2026, First United Corporation reported revenue of $95.80M, up 11.1% from a year earlier, and net income of $25.29M. Its pre-tax margin was 34.8%. In fiscal 2025, it reported revenue of $88.68M, up 11.1% from fiscal 2024, and net income of $24.52M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$88.68MFY2025
+11.1% year over year
Last 12 mo $95.80M
36.69%FY2025
+2.6 percentage points
Last 12 mo 34.81%
$24.52MFY2025
+19.2% year over year
Last 12 mo $25.29M
12.04%FY2025
+0.6 percentage points
Last 12 mo 11.82%
Cash & financing
$19.37MFY2025
−13.0% year over year
Last 12 mo $33.43M
$15.40MFY2025
−24.3% year over year
Last 12 mo $30.39M
9.08FY2025
Was 9.82× a year earlier
Last 12 mo 8.65
6.5MFY2025
−0.6% year over year
Last 12 mo 6.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What First United Corporation does

In the company’s own words

First United Corporation (Nasdaq: FUNC) is a bank holding company whose primary business is operating First United Bank & Trust, a community bank serving individuals and businesses in Maryland and West Virginia. The Bank provides checking, savings and money market accounts, certificates of deposit, commercial and consumer loans, mortgage lending, brokerage, insurance, trust and wealth management services. Its wealth department offers personal trust, investment agency, charitable trust, retirement, estate administration and planning services. The company operates one reportable business, banking, through the Bank and its subsidiaries, including consumer finance companies that service existing loans but have not originated new loans since 2010. At December 31, 2025, it had $2.1 billion in total assets, $1.5 billion in net loans and $1.7 billion in deposits; wealth assets under supervision were approximately $1.8 billion. The Bank operates 23 banking offices, a customer service center and 30 ATMs across its Maryland and West Virginia markets. Its website is www.mybank.com.

Company details
Sector
Financials
Industry (SIC)
Commercial Banks
Headquarters
OAKLAND, MD
Fiscal year end
December
CIK
763907
SIC
6021

Financial performance, year by year

Fiscal 2011–2025 · USD
$-9.58M$19.16M$47.90M$76.64M$105.38M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns First United Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

112
funds hold it
0 of 35
superinvestors hold it
$57.87M
held by funds, at market
21.9%
of shares held by funds

Largest fund holders · First United Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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