A Director at First United Corp (NASDAQ: FUNC) is Buying Shares


Today, a Director at First United Corp (NASDAQ: FUNC), John Mccullough, bought shares of FUNC for $2,805.

Following John Mccullough’s last FUNC Buy transaction on March 21, 2017, the stock climbed by 5.6%.

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Based on First United Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $15.77 million and GAAP net loss of $1.03 million. In comparison, last year the company earned revenue of $14.82 million and had a net profit of $1.98 million. The company has a one-year high of $20.25 and a one-year low of $14.05. FUNC’s market cap is $132.9M and the company has a P/E ratio of 31.75.

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First United Corp. operates as a holding company, which engages in community banking services. Through its bank subsidiary, it offers checking and savings accounts, certificates of deposit, business and personal loans, and lines of credit as well as consumer-oriented retirement accounts including individual retirement and employee benefit accounts.

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