SEC Form 10-Q filed by First United Corporation

4 - FIRST UNITED CORP/MD/ (0000763907) (Issuer)

4 - FIRST UNITED CORP/MD/ (0000763907) (Issuer)

4 - FIRST UNITED CORP/MD/ (0000763907) (Issuer)

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 Corporation First 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 include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purpo

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 million, or $0.75 per diluted share, for the second quarter of 2024.  Year-to-date income was $14.4 million, or $2.19 per diluted share, compared to $13.3 million, or $1.98 per diluted share, f

OAKLAND, Md., Sept. 25, 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 November 1, 2024, to holders of record of the Corporation's common stock as of October 18, 2024.  About First United Corporation First 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 include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing

First United (NASDAQ:FUNC) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.66 by 13.64 percent.

Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the financial services sector: Universal Insurance Hldgs (NYSE:UVE) - P/E: 7.01 Premier Financial (NASDAQ:PFC) - P/E: 6.85 Community Trust Bancorp (NASDAQ:CTBI) - P/E: 8.68 First United (NASDAQ:FUNC) - P/E: 7.25 Sandy Spring Bancorp (NASDAQ:SASR) - P/E: 8.66 Universal Insurance Hldgs saw a decrease in earnings per share from 0.87 in Q2 to $-0.16 now. Premier Finan