First United (FUNC) Securities (2020 - 2023)
First United (FUNC) posted quarterly Securities of $120.1 million for 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.
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.
- In Q2 2023, Securities fell 9.62% year-over-year to $120.1 million; the TTM figure through Jun 2023 stood at $120.1 million (down 9.62% YoY), while the FY2022 annual figure was $125.9 million, down 56.1% from the prior year.
- Securities retreated to $120.1 million in Q2 2023 per FUNC's latest filing, from $124.0 million in the prior quarter.
- Across five years, Securities topped out at $286.8 million in Q4 2021 and bottomed at $120.1 million in Q2 2023.
- Historically, Securities has averaged $176.6 million across 4 years, with a median of $138.2 million in 2022.
- Annual changes were most pronounced in 2021 — Securities grew 26.39% — and 2022, when it tumbled 56.1%.
- First United's Securities stood at $226.9 million in 2020, then grew by 26.39% to $286.8 million in 2021, then sank by 56.1% to $125.9 million in 2022, then slipped by 4.61% to $120.1 million in 2023.
- Business Quant data shows FUNC's Securities at $120.1 million in Q2 2023, $124.0 million in Q1 2023, and $125.9 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Securities (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | First United | 279.65 Mn | 194.46 Mn | - | - |
Historic Data
Download 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 |