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First United Corporation (FUNC) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-06 00:10
First United Corporation (FUNC) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.47%. A quarter ago, it was expected that this company would post earnings of $0.79 per share when it actually produced earnings of $0.89, delivering a surprise of 12.66%.Over the last four quarters, the ...
First United (FUNC) - 2024 Q4 - Annual Results
2025-02-05 21:48
Exhibit 99.1 FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS OAKLAND, MARYLAND— February 5, 2025: First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and 12-month periods ended December 31, 2024. Consolidated net income was $6.2 million for the fourth quarter of 2024, or $0.95 per diluted share, compared to $1.8 mill ...
FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2025-02-05 21:10
OAKLAND, Md., Feb. 5, 2025 /PRNewswire/ -- First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and 12-month periods ended December 31, 2024.  Consolidated net income was $6.2 million for the fourth quarter of 2024, or $0.95 per diluted share, compared to $1.8 million, or $0.26 per diluted share, for the fourth quarter of 2023 and $5.8 millio ...
First United Corp.: Still Attractive Despite Increasing Non-Accruals
Seeking Alpha· 2024-12-27 15:40
First United Corp. (NASDAQ: FUNC ) is the holding company tied to the First United Bank & Trust in Maryland. The bank operates 22 banking offices and one customer service center, with the majority of the branches locatedHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and div ...
FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2025 DIVIDEND
Prnewswire· 2024-11-20 21:31
OAKLAND, Md., Nov. 20, 2024 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.22 per share that will be payable on February 3, 2025, to holders of record of the Corporation's common stock as of the close of business on January 17, 2025. About First United CorporationFirst United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers.  The Bank's wholly-owned subsidiaries ...
First United (FUNC) - 2024 Q3 - Quarterly Report
2024-11-07 21:02
Table of Contents Common Stock FUNC Nasdaq Stock Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For quarterly period ended September 30, 2024 ◻ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from _______________ to ________________ Commission file number 0-14237 First United Corporation (Exact name of registrant as specified in its cha ...
Alignment Health Plan Named a “Best” Medicare Advantage Insurer in Arizona by U.S. News & World Report
GlobeNewswire News Room· 2024-10-30 15:00
TUCSON, Ariz., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in Arizona. With 149 MA plans offered in Arizona, Alignment is one of only five insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & W ...
First United (FUNC) - 2024 Q3 - Quarterly Results
2024-10-21 20:10
Exhibit 99.1 FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS OAKLAND, MARYLAND— October 21, 2024: First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and nine-month periods ended September 30, 2024. Consolidated net income was $5.8 million for the third quarter of 2024, or $0.89 per diluted share, compared to $4.5 mil ...
First United Corporation (FUNC) Q3 Earnings Surpass Estimates
ZACKS· 2024-10-21 15:05
First United Corporation (FUNC) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.66%. A quarter ago, it was expected that this company would post earnings of $0.66 per share when it actually produced earnings of $0.75, delivering a surprise of 13.64%.Over the last four quarters, the ...
FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-10-21 12:56
OAKLAND, Md., Oct. 21, 2024 /PRNewswire/ -- First United Corporation (the "Corporation, "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and nine-month periods ended September 30, 2024.  Consolidated net income was $5.8 million for the third quarter of 2024, or $0.89 per diluted share, compared to $4.5 million, or $0.67 per diluted share, for the third quarter of 2023 and $4.9 mill ...