First United Corporation (FUNC) Fair Value 2026

FUNC · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.4 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-08-27, First United Corporation (FUNC) trades at $43.20, versus a $35.55 median fair value across its 6 active models — 17.7% below the current price. QOC: 8.4/10. Value Trap Risk: 6/100 (SAFE). 6/13 models active.

Key Facts

Ticker
FUNC
Price
$43.20
Quality Score
8.4/10
Value Trap Risk
6/100
Models Active
6/13
Last Updated
Strength: Quality Score of 8.4/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is First United Corporation (FUNC) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, First United Corporation (FUNC) appears overvalued as of : the median of 6 independent fair value estimates is $35.55, 17.7% below the current price of $43.20. Estimates range from $30.67 to $73.80. FUNC scores 8.4/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. FUNC’s -17.7% gap is narrower than that market norm, and the Banks - Regional sector median is -22.0%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy First United Corporation Stock in 2026? →

What Fair Value Does Each Model Give FUNC?

6 Intrinsic Value Models vs. Current Price ($43.20)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $32.64 -24.4%
Ensemble · Medium Conviction
 $36.32 -15.9%
Intrinsic · High Conviction
 $30.67 -29.0%
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What Is FUNC's Fair Value Range?

Spread across 6 independent models · $30.67 to $73.80

CirclFi's 6 active models place First United Corporation (FUNC) between $30.67 and $73.80 per share, a spread of 121% of the median. The median of that range — $35.55 — is the fair value CirclFi publishes for FUNC, against a current price of $43.20.

Low · Markov DDMHigh · Regime Cross
$30.67median $35.55$73.80
Where the range comes from
Most bearish modelMarkov DDM$30.67
Most bullish modelRegime Cross-Sectional$73.80
Model agreement2 bullish · 4 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for FUNC. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on FUNC, not a CirclFi price target. How each model works →

What Is First United Corporation (FUNC) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, First United Corporation's intrinsic value is estimated at a median fair value of $35.55. Trading at $43.20, the stock is approaching fair value or slight overvaluation (implied return of -17.7%), as 4 of 6 models suggest limited further upside. The most optimistic model, Regime Cross, places fair value at $73.80 (+70.8%), while Markov DDM — the most conservative — estimates $30.67 (-29.0%). This +99.9% gap reflects genuine analytical uncertainty about First United Corporation's intrinsic worth. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About FUNC?

6 of 13 models are currently active for FUNC. Of these, 2 models suggest upside while 4 models suggest overvaluation. Taken together, their median fair value for FUNC is $35.55 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does FUNC Rank in Banks - Regional?

Among 349 Banks - Regional stocks, FUNC ranks #82 by Quality of Company score. CirclFi's QOC score of 8.4/10 evaluates 32 fundamental signals. A score of 8.4 places FUNC in the top tier.

See all Most Undervalued Banks - Regional Stocks →

First United Corporation's positioning within the Banks - Regional segment means that net interest margin (NIM) plays an outsized role in fundamental analysis. The sector's unique characteristics — including loan portfolio growth — shape both the opportunity set and risk profile.

Is FUNC a Value Trap?

CirclFi's Value Trap algorithm assigns FUNC a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for First United Corporation. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, First United Corporation earns a quality score of 8.4/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +99.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every FUNC valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across FUNC's 6 active models, average confidence is 46%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy First United Corporation Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

FRSTPrimis Financial Corp.QOC 8.4HWBKHawthorn Bancshares, Inc.QOC 8.4EQBKEquity Bancshares, Inc.QOC 8.4FSUNFirstSun Capital BancorpQOC 8.4HAFCHanmi Financial CorporationQOC 8.4ITUBItaú Unibanco Holding S.A.QOC 8.4GABCGerman American Bancorp, Inc.QOC 8.0FHNFirst Horizon CorporationQOC 7.5EWSBEWSB Bancorp, Inc.QOC 4.8ESQEsquire Financial Holdings, Inc.QOC 9.1PEBOPeoples Bancorp Inc.QOC 9.1

Read investment analysis: FRST · HWBK · EQBK · FSUN · HAFC · ITUB · GABC · FHN · EWSB · ESQ · PEBO

Which Other Stocks Have a Similar Quality Score to FUNC?

7 companies across all industries closest to FUNC’s Quality of Company score of 8.4/10.

HSTHost Hotels & Resorts, Inc.QOC 8.4MPTIM-tron Industries, Inc.QOC 8.4HNRGHallador Energy CompanyQOC 8.4RRCRange Resources CorporationQOC 8.4HNNAHennessy Advisors, Inc.QOC 8.4ROSTRoss Stores, Inc.QOC 8.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: HST · MPTI · HNRG · RRC · HNNA · ROST · NVDA

Where Does FUNC Sit in CirclFi's Banks - Regional Rankings?

FUNC is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About First United Corporation’s Valuation?

What is First United Corporation's intrinsic value in 2026?

CirclFi puts First United Corporation (FUNC)'s intrinsic value at $35.55 — the median of 6 independent model estimates as of 2026-08-27, ranging from $30.67 to $73.80. The Quality of Company score is 8.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is FUNC overvalued or undervalued right now?

At $43.20, 2 of 6 active models suggest FUNC may be undervalued, while 4 indicate potential overvaluation. The median of all 6 fair value estimates is $35.55, 17.7% below the current price of $43.20 — a consensus view that FUNC is overvalued. The assessment depends on which methodology best fits First United Corporation's business model in Banks - Regional.

What does a Quality of Company score of 8.4 mean for FUNC?

First United Corporation's QOC of 8.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on FUNC?

CirclFi analyzes FUNC with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on FUNC?

Of the 6 models currently active on FUNC, Regime Cross-Sectional is the most bullish at $73.80 per share, and Markov DDM is the most bearish at $30.67. CirclFi's published fair value for FUNC is the median of that range, $35.55, not either extreme. The gap between the two ends equals 121% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is FUNC a value trap in 2026?

First United Corporation's Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, First United Corporation (FUNC) has a median fair value of $35.55 — 17.7% below the current price of $43.20 — as of 2026-08-27.” Source: circlfi.com/stock/FUNC/ · Methodology
Primary sources for this FUNC valuation
  • Financial statements: First United Corporation 10-K and 10-Q filings on SEC EDGAR (CIK 0000763907) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for FUNC as of ; valuations recomputed .

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