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First United (First United) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is First United Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First United's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.87 Mil. First United's Total Assets for the quarter that ended in Dec. 2023 was $1,905.86 Mil. Therefore, First United's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for First United's Equity-to-Asset or its related term are showing as below:

FUNC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.08   Max: 0.09
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of First United was 0.09. The lowest was 0.08. And the median was 0.08.

FUNC's Equity-to-Asset is ranked better than
50.48% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs FUNC: 0.09

First United Equity-to-Asset Historical Data

The historical data trend for First United's Equity-to-Asset 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.

* Premium members only.

First United Equity-to-Asset Chart

First United Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.08 0.08 0.08 0.09

First United Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.08 0.08 0.08 0.09 0.09

Competitive Comparison of First United's Equity-to-Asset

For the Banks - Regional subindustry, First United's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First United's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First United's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First United's Equity-to-Asset falls into.



First United Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First United's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.873/1905.86
=0.08

First United's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.873/1905.86
=0.08

* 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  (NAS:FUNC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First United Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First United's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First United (First United) Business Description

Traded in Other Exchanges
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. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.
Executives
Marisa A. Shockley director 19 S. SECOND STREET, OAKLAND MD 21550
Carissa Lynn Rodeheaver officer: Chief Financial Officer 19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal director 19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush officer: VP and Director of Operations 19 SOUTH SECOND STREET, OAKLAND MD 21550
Kevin Hessler director 19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran director 19 S. SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy director 121 NORTH SECOND ST, OAKLAND MD 21550
John F. Barr director 19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro director 19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon director 19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell director 19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha director 19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey director P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald director 672 WHITE OAK DR, SWANTON MD 21561