FUNC
First United Corporation
FUNC offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
GS
The Goldman Sachs Group, Inc.
GS has the edge over FUNC overall, supported by stronger valuation and stronger fundamentals.
FUNC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
FUNC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FUNC.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
FUNC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.3x | $20.60 | -56% |
| Fair | 8.6x | $33.56 | -28% |
| Forward | 9.6x | $46.40 | — |
| Expensive | 11x | $44.55 | -4% |
| Current | 12x | $46.40 | — |
Historical ranges are pointers, not guarantees.
FUNC's PE is in its expensive range at 12x. If earnings grow as analysts expect, today's price would be 9.6x next year's earnings, in its fair range.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS has the edge over FUNC in the historical PE scenario, which offers more potential upside but is not a forecast.
FUNC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
FUNC has the edge over GS on the outlook, with more favorable valuation expectations.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
FUNC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.83 | +23% |
| Q3 2026 | $3.91 | +2.1% |
| Q2 2026 | $3.87 | +6% |
| Q1 2026 | $3.91 | +12% |
| Q4 2025 | $3.77 | +20% |
| Q3 2025 | $3.83 | +55% |
| Q2 2025 | $3.65 | +62% |
| Q1 2025 | $3.48 | +61% |
| Q4 2024 | $3.15 | +40% |
FUNC's earnings per share have climbed steadily: $3.91 over the past year, up 2.1% from the year before, and higher year over year for eight quarters in a row.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over FUNC on earnings, with stronger typical year-over-year growth.
FUNC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $25.2M | +11% |
| Q2 2026 | $23.9M | +9.9% |
| Q1 2026 | $23.4M | +12% |
| Q4 2025 | $23.2M | +12% |
| Q3 2025 | $22.7M | +12% |
| Q2 2025 | $21.8M | +8.5% |
| Q1 2025 | $20.9M | +12% |
| Q4 2024 | $20.8M | +40% |
FUNC's revenue has grown year over year for 10 quarters in a row: $25M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | -3.1 points |
| Q2 2026 | 31% | -5.6 points |
| Q1 2026 | 38% | +1 points |
| Q4 2025 | 33% | -6.4 points |
| Q3 2025 | 41% | +2.7 points |
| Q2 2025 | 37% | +4 points |
| Q1 2025 | 37% | +11 points |
| Q4 2024 | 39% | +25 points |
FUNC has the edge over GS on profitability, with a higher operating margin.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
FUNC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.6M | +2621% |
| Q2 2026 | $4.7M | +560% |
| Q1 2026 | $13M | +104% |
| Q4 2025 | $8.2M | -11% |
| Q3 2025 | $168K | -71% |
| Q2 2025 | $706K | -90% |
| Q1 2025 | $6.4M | +81% |
| Q4 2024 | $9.2M | +61% |
FUNC has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
FUNC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +3K shares |
| 1 year | -0.7% | -44K shares |
| 3 years | -3.9% | -264K shares |
| 5 years | -2.4% | -160K shares |
| Available history | -9% | -637K shares |
FUNC has 6M diluted shares, down 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $371,000 |
| Q1 2026 | $2.2M |
| Q4 2024 | $1,000 |
| Q3 2024 | $1,000 |
| Q4 2023 | $1.5M |
| Q4 2021 | — |
| Q3 2021 | — |
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over FUNC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
FUNC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 1.7x | Healthy |
| Q4 2024 | 3.5x | Elevated |
FUNC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FUNC.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over FUNC on leverage, with a lower net debt burden relative to earnings.
FUNC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.5 | Neutral |
| Stochastic | 75.8 | Neutral |
FUNC's weekly RSI is 65 (neutral) and its Stochastic is 76 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
FUNC PE vs Financial Services Sector
| Metric | FUNC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.8% below |
| PE % | 87 | 63 | 24 pts above |
FUNC has the edge over GS on valuation relative to its sector.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
FUNC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.8 | 3.6% above |
| 20 week MA | $44.5 | 4.2% above |
| 50 week MA | $40.8 | 14% above |
| 100 week MA | $37.1 | 25% above |
| 200 week MA | $29.3 | 59% above |
FUNC has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
FUNC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.0 | $16.0 | -33% |
| 2021 | $16.0 | $18.7 | +17% |
| 2022 | $18.7 | $19.2 | +2.9% |
| 2023 | $19.2 | $23.5 | +22% |
| 2024 | $23.5 | $33.9 | +44% |
| 2025 | $33.9 | $38.7 | +14% |
| 2026 YTD | $38.7 | $46.4 | +20% |
FUNC has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.