FIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
First United Corporation (FUNC)
US:NASDAQ Investor Relations:
investors.mybank.com
Company Research
Source: PR Newswire
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, for both of the nine-month periods ended September 30, 2024 and 2023.According to Carissa Rodeheaver, Chairman, President and CEO, "Earnings for the third quarter were marked by stable net interest income, non-interest income and expenses. Provision expense decreased as compared to prior quarters
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News
- First United Corporation's (NASDAQ:FUNC) largest shareholders are individual investors with 49% ownership, institutions own 36% [Yahoo! Finance]Yahoo! Finance
- FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2025 DIVIDENDPR Newswire
- First United Corporation (FUNC) Q3 Earnings Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- First United Co. (NASDAQ: FUNC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- First United Corporation (FUNC) is a Top Dividend Stock Right Now: Should You Buy? [Yahoo! Finance]Yahoo! Finance
FUNC
Earnings
- 7/22/24 - Beat
FUNC
Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 8-K
- 11/14/24 - Form SC
- FUNC's page on the SEC website