# First United Corporation (FUNC) · Edgar & Edgarette company card

> First United (FUNC) grew revenue 4.0% in FY2025 to $18 million, equity 9.8% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 763907 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FUNC) · [JSON](https://www.pops4.com/boards/company/FUNC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $18M |
| Revenue growth, 1 year | 4.0% |
| Revenue growth per year | 3.5% |
| Operating margin | — |
| Net margin | 133.0% |
| Operating cash flow | $19M |
| Capital spending | $4M |
| Free cash flow | $15M |
| Cash | $132M |
| Long-term debt | $96M |
| Total assets | $2.1B |
| Total equity | $204M |
| Equity ÷ assets | 9.8% |
| Return on equity | 12.0% |
| Dividend per share | $0.96 |
| Dividend years rising | 8 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±35%
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $18.4M (FY2025), total debt $95.9M. Experience: revenue up 4.0% on the year, up 3.5% a year over 4 years. Soundness: equity 9.8% of assets, return on equity 12.0%, payout 24.3% of profit, dividend per share up 8 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $13.0M and $27.1M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $12.4M to $28.5M. A statistical range, not company guidance. Against peers (20 filers, $50M+ revenue, national commercial banks): growth 4.0% against 7.2%.

Range logged 2026-09-30, receipt 7003b7cc4ebfb7af, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 7, latest 2026-09-29 ([filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926111606/0001104659-26-111606-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926122002/0001104659-26-122002-index.htm)
- 8-K · filed 2026-10-19 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926116913/0001104659-26-116913-index.htm)
- 8-K · filed 2026-09-29 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926111606/0001104659-26-111606-index.htm)
- 8-K · filed 2026-09-24 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926110309/0001104659-26-110309-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926092127/0001104659-26-092127-index.htm)
- 8-K · filed 2026-07-20 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/763907/000110465926085078/0001104659-26-085078-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000763907.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=763907

## Cite

POPS4, Edgar & Edgarette: First United Corporation (FUNC) company card, from the company's own SEC filings, accessed 2026-11-14, https://www.pops4.com/boards/company/FUNC. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.