First United Financials

FUNC Stock  USD 34.97  0.56  1.63%   
Based on the measurements of operating efficiency obtained from First United's historical financial statements, First United is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, First United's Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 1.9 B, whereas Total Assets are forecasted to decline to about 1.3 B. Key indicators impacting First United's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.20.216
Significantly Down
Slightly volatile
Return On Assets0.0090.0079
Fairly Up
Slightly volatile
Return On Equity0.10.093
Notably Up
Slightly volatile
Debt Equity Ratio0.650.6853
Notably Down
Slightly volatile
Current Ratio0.110.1137
Sufficiently Down
Slightly volatile
The financial analysis of First United is a critical element in measuring its lifeblood. Investors should not minimize First United's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

8.94 Million

  
Understanding current and past First United Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First United's financial statements are interrelated, with each one affecting the others. For example, an increase in First United's assets may result in an increase in income on the income statement.
Please note, the presentation of First United's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First United's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First United's management manipulating its earnings.

First United Stock Summary

First United competes with First Community, Greene County, Community West, Affinity Bancshares, and Home Federal. 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. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland. First United operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 273 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS33741H1077
CUSIP33741H107 337358105
LocationMaryland; U.S.A
Business Address19 South Second
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.mybank.com
Phone301 334 9471
CurrencyUSD - US Dollar

First United Key Financial Ratios

First United Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.7B1.7B1.8B1.9B1.3B
Net Debt54.2M(45.5M)(82.0M)23.6M108.2M76.7M
Retained Earnings119.5M129.7M145.5M166.3M173.9M182.6M
Cash50.0M149.4M115.7M74.3M49.8M59.7M
Other Assets968.0M992.7M921.9M1.2B1.00.95
Net Receivables16.1M19.6M13.5M35.6M7.5M7.1M
Total Liab1.3B1.6B1.6B1.7B1.8B1.2B
Total Current Assets197.3M395.9M416.0M235.8M61.7M64.7M
Other Current Liab(20.2M)(16.7M)(15.8M)(151K)1.3B1.4B
Other Liab19.4M19.7M24.3M25.6M29.4M19.5M
Accounts Payable20.2M16.7M15.8M151K612K581.4K
Inventory(58.2M)(165.1M)(125.0M)(85.1M)40.9M42.9M
Other Current Assets58.2M165.1M125.0M85.1M61.7M58.6M
Short Term Debt48.7M49.2M57.7M64.6M45.8M46.3M
Net Tangible Assets114.9M120.0M129.8M139.4M160.3M101.6M
Capital Surpluse31.9M32.4M23.7M24.4M28.1M27.5M

First United Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense11.5M9.7M5.7M4.8M4.9M4.7M
Total Revenue63.2M67.1M73.7M75.7M95.1M53.4M
Gross Profit28.2M34.4M41.0M41.8M56.5M38.8M
Operating Income16.5M18.4M26.3M34.3M81.4M85.4M
Ebit16.5M17.8M26.3M33.2M9.6M9.1M
Ebitda19.9M21.3M29.7M36.8M14.5M25.4M
Income Before Tax16.5M18.4M26.3M33.2M19.5M12.3M
Net Income13.1M13.8M19.8M25.0M15.1M8.9M
Income Tax Expense3.4M4.1M6.5M8.1M4.4M3.3M
Cost Of Revenue35.0M32.7M32.7M33.8M38.6M27.2M
Tax Provision3.3M4.1M6.5M8.1M5.9M5.7M
Net Interest Income46.4M48.5M52.5M57.6M57.9M51.3M
Interest Income57.9M58.2M58.3M62.4M76.3M61.5M

First United Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash26.4M99.5M(33.7M)(41.4M)(24.6M)(23.3M)
Free Cash Flow12.4M14.6M18.9M23.0M22.2M17.4M
Depreciation3.4M3.6M3.4M3.6M4.9M2.8M
Other Non Cash Items(2.1M)(278K)(2.8M)(3.2M)2.7M2.6M
Dividends Paid3.1M3.6M3.9M4.0M5.2M3.7M
Capital Expenditures4.0M1.6M1.1M3.6M353K335.4K
Net Income13.1M13.8M19.8M25.0M15.1M8.9M
End Period Cash Flow50.0M149.4M115.7M74.3M49.8M58.4M
Investments(33.5M)(191.3M)(33.3M)(168.5M)(77.6M)(73.7M)
Net Borrowings(29.0M)432K(61.5M)6.9M7.9M8.3M
Change To Netincome270K594K1.3M(769K)(692.1K)(657.5K)

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First United's current stock value. Our valuation model uses many indicators to compare First United value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First United competition to find correlations between indicators driving First United's intrinsic value. More Info.
First United is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First United is roughly  11.68 . At present, First United's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First United's earnings, one of the primary drivers of an investment's value.

First United Systematic Risk

First United's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First United volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on First United correlated with the market. If Beta is less than 0 First United generally moves in the opposite direction as compared to the market. If First United Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First United is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First United is generally in the same direction as the market. If Beta > 1 First United moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First United Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First United's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First United growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.25)

At present, First United's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

First United November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First United help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First United. We use our internally-developed statistical techniques to arrive at the intrinsic value of First United based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First United's daily price indicators and compare them against related drivers.

Complementary Tools for First Stock analysis

When running First United's price analysis, check to measure First United's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First United is operating at the current time. Most of First United's value examination focuses on studying past and present price action to predict the probability of First United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First United's price. Additionally, you may evaluate how the addition of First United to your portfolios can decrease your overall portfolio volatility.
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