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First United Valuation Multiples
Discover revenue and EBITDA valuation multiples for First United and similar public comparables like Franklin Financial Services, Central Cooperative Bank, Banco Popular, Sterling Finl Hldgs and more.
First United Overview
About First United
First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings. The companyβs reportable operating segments include community banking and wealth management. The company generates the majority of its revenue from the Community Banking segment, which is engaged in delivering financial products and services, including various loan and deposit products, to consumer, business, and not-for-profit customers.
Founded
1985
HQ

Employees
326
Website
Sectors
Financials (LTM)
EV
$352M
First United Financials
First United reported last 12-month revenue of $90M.
In the same LTM period, First United generated $25M in net income.
Revenue (LTM)
First United P&L
In the most recent fiscal year, First United reported revenue of $89M and net income of $25M.
First United expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $90M | XXX | $89M | XXX | XXX | XXX |
| EBIT Margin | 41% | XXX | 40% | XXX | XXX | XXX |
| Net Profit | $25M | XXX | $25M | XXX | XXX | XXX |
| Net Margin | 28% | XXX | 28% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
First United Stock Performance
First United has current market cap of $255M, and enterprise value of $352M.
Market Cap Evolution
First United's stock price is $39.26.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $352M | $255M | 1.9% | XXX | XXX | XXX | $3.77 |
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Start Free TrialFirst United Valuation Multiples
First United trades at 3.9x EV/Revenue multiple.
EV / Revenue (LTM)
First United Financial Valuation Multiples
As of April 11, 2026, First United has market cap of $255M and EV of $352M.
Equity research analysts estimate First United's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
First United has a P/E ratio of 10.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $255M | XXX | $255M | XXX | XXX | XXX |
| EV (current) | $352M | XXX | $352M | XXX | XXX | XXX |
| EV/Revenue | 3.9x | XXX | 4.0x | XXX | XXX | XXX |
| EV/EBIT | 9.6x | XXX | 9.9x | XXX | XXX | XXX |
| P/E | 10.1x | XXX | 10.4x | XXX | XXX | XXX |
| EV/FCF | β | XXX | 22.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified First United Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


First United Margins & Growth Rates
First United's revenue in the last 12 month grew by 8%.
First United's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
First United Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 7% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 1% | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 35% | XXX | XXX | XXX |
| Opex to Revenue | 60% | XXX | 60% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
First United Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Franklin Financial Services | XXX | XXX | XXX | XXX | XXX | XXX |
| Central Cooperative Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Banco Popular | XXX | XXX | XXX | XXX | XXX | XXX |
| Sterling Finl Hldgs | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Ochrony Srodowiska | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
First United M&A Activity
First United acquired XXX companies to date.
Last acquisition by First United was on XXXXXXXX, XXXXX. First United acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by First United
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialFirst United Investment Activity
First United invested in XXX companies to date.
First United made its latest investment on XXXXXXXX, XXXXX. First United invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by First United
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout First United
| When was First United founded? | First United was founded in 1985. |
| Where is First United headquartered? | First United is headquartered in United States. |
| How many employees does First United have? | As of today, First United has over 326 employees. |
| Who is the CEO of First United? | First United's CEO is Jason B. Rush. |
| Is First United publicly listed? | Yes, First United is a public company listed on Nasdaq. |
| What is the stock symbol of First United? | First United trades under FUNC ticker. |
| When did First United go public? | First United went public in 1992. |
| Who are competitors of First United? | First United main competitors are Franklin Financial Services, Central Cooperative Bank, Banco Popular, Sterling Finl Hldgs. |
| What is the current market cap of First United? | First United's current market cap is $255M. |
| What is the current revenue of First United? | First United's last 12 months revenue is $90M. |
| What is the current revenue growth of First United? | First United revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of First United? | Current revenue multiple of First United is 3.9x. |
| Is First United profitable? | Yes, First United is net-income-positive (as of the last 12 months). |
| What is the current net income of First United? | First United's last 12 months net income is $25M. |
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