First Us Bancsh (NASDAQ:FUSB) Posts Quarterly Earnings Results

First Us Bancsh (NASDAQ:FUSB) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.31 EPS for the quarter, FiscalAI reports. First Us Bancsh had a return on equity of 5.92% and a net margin of 9.65%.The firm had revenue of $20.32 million for the quarter.

First Us Bancsh Price Performance

First Us Bancsh stock remained flat at $16.50 during midday trading on Wednesday. 2,797 shares of the company were exchanged, compared to its average volume of 6,117. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89. First Us Bancsh has a 12 month low of $10.30 and a 12 month high of $16.99. The company has a market capitalization of $91.91 million, a price-to-earnings ratio of 15.87 and a beta of 0.22. The stock has a 50-day simple moving average of $16.38 and a two-hundred day simple moving average of $15.66.

First Us Bancsh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, June 12th. First Us Bancsh’s dividend payout ratio is 26.92%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Us Bancsh in a research report on Friday, July 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, First Us Bancsh has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of First Us Bancsh by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider’s stock worth $821,000 after buying an additional 1,793 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of First Us Bancsh by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock worth $506,000 after acquiring an additional 720 shares during the last quarter. Bank of America Corp DE boosted its holdings in First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares during the period. Marble Wealth LLC purchased a new position in First Us Bancsh during the 4th quarter valued at $214,000. Finally, Daytona Street Capital LLC bought a new position in First Us Bancsh in the 4th quarter valued at $169,000. Institutional investors own 18.74% of the company’s stock.

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.