profit from every $100 of sales.
$0$100
First United
$46.76+0.78% today
+28.6% in 1 year
1-year low $35.121-year high $47.30
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $12.32 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What First United sold, what it kept, and what it did with the cash.
Sales went from $75.7 million in 2022 to $88.9 million in 2025, with $24.5 million of profit last year.
SalesProfit
First United handed back 39% of the cash it generated last year.
$6M
Free cash flow 2025$15M
Bought back its own shares$0
Paid as dividends$6M
Cash vs. debt$132M vs. $97M
First United vs. similar companies
First United grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| First United | 12.3× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.2× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads First United's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 76 | 71 | 80 | 89 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 25 | 15 | 21 | 25 | |
| 3.76 | 2.24 | 3.15 | 3.77 | |
| – | – | – | – | |
| – | – | – | – | |
| 33.1% | 21.1% | 25.8% | 27.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,848 | 1,906 | 1,973 | 2,087 |
| Cash | 74 | 50 | 78 | 132 |
| Total debt | 33 | 112 | 172 | 97 |
| Total liabilities | 1,696 | 1,744 | 1,794 | 1,884 |
| 152 | 162 | 179 | 204 | |
| 7 | 7 | 7 | 7 | |
| – | – | – | – | |
| 16.5% | 9.3% | 11.5% | 12.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 27 | 22 | 22 | 19 | |
| 4 | 0 | 2 | 4 | |
| 23 | 22 | 20 | 15 | |
| Dividends paid | 4 | 5 | 5 | 6 |
| 0 | 1 | 4 | 0 | |
| 1 | 1 | 0 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 12.3×
- 10.6×
- 139.08
- 1.2×
- 3.4×
- 8.1%
- 2.7%
Profitability
- 27.6%
- 8.8%
- 7.3%
- 12.7%
- 1.2%
Growth
- +5.5%
- +0.1%
- +12.1%
- −0.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 28%of 852
Top 35%of 733
Top 41%of 863
Bottom 39%of 860
Bottom 44%of 920
What analysts expect
- Average price target
- $25.00
- Range
- $25.00 – $25.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 20, 2026 | 1.02 | 0.92 | +10.9% |
| Feb 4, 2026 | 1.10 | 0.96 | +14.6% |
| Oct 21, 2025 | 1.07 | 0.89 | +20.5% |
| Jul 21, 2025 | 0.92 | 0.84 | +9.5% |
| Apr 21, 2025 | 0.89 | 0.80 | +11.2% |
| Mar 20, 2025 | 0.95 | – | – |
| Oct 21, 2024 | 0.89 | 0.79 | +12.7% |
| Jul 22, 2024 | 0.75 | 0.66 | +13.6% |
2.7%of the share price, paid each year
On $1,000 invested$27a year at today's yield, before tax
+12.1%2020 to 2025
Raised7 yearsin a row, in our data
Paid per share, each year
$0.27 in 2018 → $0.92 in 2025
How safe it looks
24.3% of its profit
Room to growStretchedMore than it earns: 38.7%
News
Budget airlines are going upscale with first-class seats and faster wifiMarketWatch · Nov 13, 2026I am turning 18 next month and want to start investing. What do I do first?MarketWatch · Nov 13, 2026Trump administration is hiring debt collectors to go after defaulted student-loan borrowers for first time in 6 yearsMarketWatch · Nov 13, 2026Better U.S. Bank ETF: State Street's KBE vs. First Trust's FTXOYahoo Finance · Nov 13, 2026I’m 17 and will be a first-generation college student. Is law school worth being $200,000 in debt?MarketWatch · Nov 12, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
55No pass
Benjamin Graham
72Pass
Philip Fisher
59No pass
Peter Lynch
23No pass
Joel Greenblatt
24No pass
Charlie Munger
56No pass
Terry Smith
43No pass
Questions about First United
Is First United a good stock to buy?
A strong, very profitable business, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the First United AI analysis
What does First United do?
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. It is in Banks - Regional.
Does First United pay a dividend?
Yes. At today's price the dividend is 2.7% a year, about 24% of its yearly profit. In 2025 it paid out $5.97 million in dividends.
Is First United stock halal?
No. First United does not pass our halal screen: its main business, banking, is not permitted. How we check
How has First United stock done over the past year?
Up 28.6% over the past twelve months, to $46.76. It traded between $35.12 and $47.30, close to its high.
Who are First United's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with First United's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.