WallStSmart

First United Corporation (FUNC)vsU.S. Bancorp (USB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

U.S. Bancorp generates 30566% more annual revenue ($26.35B vs $85.94M). USB leads profitability with a 28.7% profit margin vs 28.5%. FUNC appears more attractively valued with a PEG of 0.33. USB earns a higher WallStSmart Score of 75/100 (B).

FUNC

Strong Buy

65

out of 100

Grade: B-

Growth: 5.3Profit: 7.5Value: 7.3Quality: 5.0

USB

Strong Buy

75

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 10.0Quality: 5.3
Piotroski: 5/9Altman Z: 0.39
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FUNCSignificantly Overvalued (-47.2%)

Margin of Safety

-47.2%

Fair Value

$25.64

Current Price

$36.70

$11.06 premium

UndervaluedFair: $25.64Overvalued
USBUndervalued (+75.8%)

Margin of Safety

+75.8%

Fair Value

$214.00

Current Price

$51.89

$162.11 discount

UndervaluedFair: $214.00Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FUNC5 strengths · Avg: 9.8/10
PEG RatioValuation
0.3310/10

Growing faster than its price suggests

P/E RatioValuation
9.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Operating MarginProfitability
43.4%10/10

Strong operational efficiency at 43.4%

Profit MarginProfitability
28.5%9/10

Keeps 28 of every $100 in revenue as profit

USB6 strengths · Avg: 9.3/10
P/E RatioValuation
11.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
39.3%10/10

Strong operational efficiency at 39.3%

Market CapQuality
$81.01B9/10

Large-cap with strong market position

Profit MarginProfitability
28.7%9/10

Keeps 29 of every $100 in revenue as profit

EPS GrowthGrowth
24.7%8/10

Earnings expanding 24.7% YoY

Areas to Watch

FUNC2 concerns · Avg: 2.5/10
Market CapQuality
$234.50M3/10

Smaller company, higher risk/reward

EPS GrowthGrowth
-7.0%2/10

Earnings declined 7.0%

USB2 concerns · Avg: 3.0/10
PEG RatioValuation
1.804/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.392/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FUNC

The strongest argument for FUNC centers on PEG Ratio, P/E Ratio, Price/Book. Profitability is solid with margins at 28.5% and operating margin at 43.4%. Revenue growth of 11.3% demonstrates continued momentum.

Bull Case : USB

The strongest argument for USB centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.7% and operating margin at 39.3%.

Bear Case : FUNC

The primary concerns for FUNC are Market Cap, EPS Growth.

Bear Case : USB

The primary concerns for USB are PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

USB carries more volatility with a beta of 1.04 — expect wider price swings.

FUNC is growing revenue faster at 11.3% — sustainability is the question.

USB generates stronger free cash flow (2.8B), providing more financial flexibility.

Monitor BANKS - REGIONAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

USB scores higher overall (75/100 vs 65/100), backed by strong 28.7% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

First United Corporation

FINANCIAL SERVICES · BANKS - REGIONAL · USA

First United Corporation is the banking holding company for First United Bank & Trust providing various retail and commercial banking services to businesses and individuals. The company is headquartered in Oakland, Maryland.

U.S. Bancorp

FINANCIAL SERVICES · BANKS - REGIONAL · USA

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions.

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