First United Corporation (FUNC) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.82 per share a year ago.
First United Corp.'s strong earnings, with a net profit of $5.8M in Q3 and an EPS of $0.89, support a safe dividend hike. The bank's loan book is real estate heavy but shows low delinquency rates, with less than 0.4% past due and accruing. FUNC's book value is $26.89 per share, with a tangible book value of $25.06, making it relatively attractively valued at a $34 share price.
First United Corporation (FUNC) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.67 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United Corporation (FUNC) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United Corporation (FUNC) have what it takes?
First United (FUNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United Corporation (FUNC) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United Corporation (FUNC) have what it takes?
First United Corporation (FUNC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, FUNC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
First United (FUNC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
First United (FUNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United Corporation (FUNC) have what it takes?