First United (FUNC) Short-term Investments (2011 - 2023)
First United (FUNC) posted quarterly Short-term Investments of $37.2 million for Q4 2023, down 70.44% year-over-year from $125.9 million in Q4 2022, and down 67.46% quarter-over-quarter from $114.4 million in Q3 2023.
First United (FUNC) Short-term Investments (2011 - 2023) Analysis & Trends
First United (FUNC) has reported Short-term Investments for 13 consecutive years, with $37.2 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Short-term Investments fell 70.44% year-over-year to $37.2 million; the TTM figure through Dec 2023 stood at $37.2 million (down 70.44% YoY), while the FY2023 annual figure was $37.2 million, down 70.44% from the prior year.
- Short-term Investments retreated to $37.2 million in Q4 2023 per FUNC's latest filing, from $114.4 million in the prior quarter.
- Across five years, Short-term Investments topped out at $156.5 million in Q3 2020 and bottomed at $2.7 million in Q1 2020.
- Historically, Short-term Investments has averaged $94.2 million across 5 years, with a median of $122.0 million in 2020.
- Annual changes were most pronounced in 2019 — Short-term Investments plunged 95.93% — and 2021, when it soared 5116.4%.
- First United's Short-term Investments stood at $135.0 million in 2019, then declined by 12.47% to $118.2 million in 2020, then advanced by 18.43% to $140.0 million in 2021, then dropped by 10.05% to $125.9 million in 2022, then sank by 70.44% to $37.2 million in 2023.
- Business Quant data shows FUNC's Short-term Investments at $37.2 million in Q4 2023, $114.4 million in Q3 2023, and $125.9 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | First United | 278.88 Mn | 193.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 37.22 Mn |
| Sep 30, 2023 | 114.37 Mn |
| Dec 31, 2022 | 125.89 Mn |
| Mar 31, 2021 | 139.96 Mn |
| Dec 31, 2020 | 118.17 Mn |
| Sep 30, 2020 | 156.46 Mn |
| Jun 30, 2020 | 149.25 Mn |
| Mar 31, 2020 | 2.68 Mn |
| Dec 31, 2019 | 135.01 Mn |
| Sep 30, 2019 | 139.15 Mn |
| Jun 30, 2019 | 5.85 Mn |
| Mar 31, 2019 | 6.24 Mn |
| Dec 31, 2018 | 144.12 Mn |
| Sep 30, 2018 | 145.90 Mn |
| Jun 30, 2018 | 44.69 Mn |
| Mar 31, 2018 | 153.28 Mn |
| Dec 31, 2017 | 47.59 Mn |
| Sep 30, 2017 | 66.78 Mn |
| Jun 30, 2017 | 135.75 Mn |
| Mar 31, 2017 | 146.20 Mn |