First United (FUNC) Securities (2020 - 2023)
First United's (FUNC) quarterly Securities came in at $120.1 million in Q2 2023, down 9.62% year-over-year from $132.9 million in Q2 2022, and down 3.14% quarter-over-quarter from $124.0 million in Q1 2023.
Analysis
First United (FUNC) Securities (2020 - 2023) Analysis & Trends
First United (FUNC) has reported Securities for 4 consecutive years, with $120.1 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Securities fell 9.62% year-over-year to $120.1 million in Q2 2023; TTM through Jun 2023 was $120.1 million, a 9.62% decrease from a year earlier, with the FY2022 full-year figure at $125.9 million, down 56.1% from the prior year.
- Securities was $120.1 million for Q2 2023 at First United, down from $124.0 million in the prior quarter.
- Over five years, Securities peaked at $286.8 million in Q4 2021 and troughed at $120.1 million in Q2 2023.
- A 4-year average of $176.6 million and a median of $138.2 million in 2022 frame the typical range for Securities.
- Across the five-year window, Securities climbed 26.39% in 2021 and plunged 56.1% in 2022, its largest moves.
- Over 4 years, Securities stood at $226.9 million in 2020, then advanced by 26.39% to $286.8 million in 2021, then sank by 56.1% to $125.9 million in 2022, then retreated by 4.61% to $120.1 million in 2023.
- The last three Securities figures came in at $120.1 million (Q2 2023), $124.0 million (Q1 2023), and $125.9 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Securities (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 946.00 Bn | 946.00 Bn | - | - |
| 2 | Truist Financial | 61.06 Bn | 61.06 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.12 Bn | 25.40 Bn | - | - |
| 4 | M&T Bank | 34.45 Bn | 34.45 Bn | - | - |
| 5 | Huntington Bancshares | 33.24 Bn | 28.71 Bn | - | 37.60 Bn |
| 6 | Citizens Financial | 29.07 Bn | 29.07 Bn | - | - |
| 7 | Regions Financial | 25.28 Bn | 25.28 Bn | - | - |
| 8 | First Citizens Bancshares | 24.49 Bn | 23.97 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.08 Bn | -24.62 Bn | - | - |
| 10 | First United | 280.94 Mn | 195.75 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 120.09 Mn |
| Mar 31, 2023 | 123.98 Mn |
| Dec 31, 2022 | 125.89 Mn |
| Sep 30, 2022 | 128.04 Mn |
| Jun 30, 2022 | 132.87 Mn |
| Mar 31, 2022 | 143.61 Mn |
| Dec 31, 2021 | 286.77 Mn |
| Sep 30, 2021 | 235.56 Mn |
| Jun 30, 2021 | 242.01 Mn |
| Dec 31, 2020 | 226.89 Mn |