First Us Bancsh (NASDAQ:FUSB) Releases Earnings Results

First Us Bancsh (NASDAQ:FUSB) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $19.84 million during the quarter. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.49%.

First Us Bancsh Stock Performance

Shares of NASDAQ:FUSB traded up $0.08 during trading on Wednesday, hitting $14.49. 508 shares of the company were exchanged, compared to its average volume of 7,717. First Us Bancsh has a 52-week low of $10.30 and a 52-week high of $14.96. The stock has a 50 day moving average of $13.85 and a 200 day moving average of $13.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $83.61 million, a PE ratio of 15.58 and a beta of 0.28.

First Us Bancsh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Friday, December 12th were given a dividend of $0.07 per share. The ex-dividend date was Friday, December 12th. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. First Us Bancsh’s dividend payout ratio is currently 30.11%.

Insider Activity

In related news, Director Robert C. Field acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The shares were acquired at an average price of $13.59 per share, with a total value of $40,770.00. Following the acquisition, the director owned 7,000 shares of the company’s stock, valued at approximately $95,130. This trade represents a 75.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders acquired 11,310 shares of company stock worth $153,954. Insiders own 11.24% of the company’s stock.

Institutional Investors Weigh In On First Us Bancsh

A hedge fund recently raised its stake in First Us Bancsh stock. Bank of America Corp DE boosted its holdings in First Us Bancsh (NASDAQ:FUSB) by 37.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,056 shares of the financial services provider’s stock after acquiring an additional 4,365 shares during the quarter. Bank of America Corp DE owned 0.28% of First Us Bancsh worth $193,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 18.74% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Us Bancsh in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

First Us Bancsh Company Profile

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.