First United (FRA:FU3) Beginning Cash Position: €113.84 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:FU3 First United Corp FRA:FU3
72 GF Score
Price €38.80
GF Value €31.31
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is First United Beginning Cash Position?

First United FRA:FU3 +1.57% 72 Beginning Cash Position is €113.84 Mil as of Mar. 2026. GuruFocus rates FRA:FU3 with a GF Score™ of 72/100 and a GF Value™ of €31.31 (Modestly Overvalued). The stock has 8 warning signs investors should review.

First United's Beginning Cash Position for the quarter that ended in Mar. 2026 was €113.84 Mil.

First United's quarterly Beginning Cash Position increased from Sep. 2025 (€67.41 Mil) to Dec. 2025 (€81.28 Mil) and increased from Dec. 2025 (€81.28 Mil) to Mar. 2026 (€113.84 Mil).

First United's annual Beginning Cash Position declined from Dec. 2023 (€68.15 Mil) to Dec. 2024 (€47.51 Mil) but then increased from Dec. 2024 (€47.51 Mil) to Dec. 2025 (€66.89 Mil).

First United Beginning Cash Position Related Terms

First United Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for First United's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First United Beginning Cash Position Chart

First United Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.25 109.24 68.15 47.51 66.89

First United Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.20 67.41 81.28 113.84 0.00
FRA:FU3
72GF Score
First United Corp FRA:FU3
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First United Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €113.84 Mil mean?
First United (FRA:FU3) has a Beginning Cash Position of €113.84 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on First United and its competitors.
Is First United's Beginning Cash Position too high?
First United's current Beginning Cash Position is €113.84 Mil. Overall, First United has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First United's Beginning Cash Position compare to WNEB and LRBI?
First United's Beginning Cash Position of €113.84 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on First United and its competitors. First United's current Beginning Cash Position is €113.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First United stock overvalued right now?
Based on GuruFocus' analysis, First United (FRA:FU3) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.31, compared to a current price of €38.80 — trading 23.9% above its estimated fair value. The current Beginning Cash Position is €113.84 Mil. First United's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For First United (FRA:FU3), the current Beginning Cash Position is €113.84 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First United (FRA:FU3) Overvalued in 2026?

Based on GuruFocus' analysis, First United stock appears to be overvalued. The current stock price of €38.80 is trading 23.9% above its estimated GF Value™ of €31.31. GuruFocus considers First United to be Modestly Overvalued.

Key valuation signals for FRA:FU3:

  • Beginning Cash Position: €113.84 Mil
  • GF Value™: €31.31 vs. price of €38.80 (23.9% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the FRA:FU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First United Business Description

Other Exchanges FUNC:USA
Address 19 South Second Street, Oakland, MD, USA, 21550-0009
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 company's 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.
72GF Score

Get the complete analysis for FRA:FU3

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€38.80
Price
€31.31
GF Value