Strength Seen in First United (FUNC): Can Its 6.1% Jump Turn into More Strength?

Group 1: First United Corporation (FUNC) - FUNC shares ended the last trading session 6.1% higher at $31.01, with a higher-than-average trading volume, contrasting with a 2.8% loss over the past four weeks [1] - The bank became part of the Russell 2500 Index, indicating market cap growth and compliance with index criteria, which boosted short-term liquidity and trading volume [2] - The upcoming quarterly earnings are expected to be $0.84 per share, reflecting a year-over-year increase of 12%, with revenues projected at $21.26 million, up 5.9% from the previous year [3] Group 2: Earnings Estimates and Market Position - The consensus EPS estimate for FUNC has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without earnings estimate revisions [4] - FUNC currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [4] - In comparison, Flagstar Financial (FLG) has a consensus EPS estimate of -$0.12, which is a change of +88.6% from the previous year, also holding a Zacks Rank of 3 (Hold) [5]