First Us Bancsh (NASDAQ:FUSB) Announces Earnings Results

First Us Bancsh (NASDAQ:FUSB) released its earnings results on Wednesday. The financial services provider reported $0.36 earnings per share for the quarter, FiscalAI reports. The company had revenue of $10.82 million during the quarter. First Us Bancsh had a return on equity of 7.41% and a net margin of 12.10%.

First Us Bancsh Trading Up 0.3%

Shares of FUSB traded up $0.05 during trading hours on Wednesday, hitting $16.55. The company had a trading volume of 1,495 shares, compared to its average volume of 9,276. The firm has a market cap of $91.03 million, a P/E ratio of 12.54 and a beta of 0.23. The stock’s 50 day moving average price is $16.48 and its 200 day moving average price is $15.93. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.11. First Us Bancsh has a 52-week low of $12.15 and a 52-week high of $16.99.

First Us Bancsh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 11th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, September 11th. First Us Bancsh’s dividend payout ratio (DPR) is 21.21%.

Insider Buying and Selling at First Us Bancsh

In related news, Director Robert C. Field purchased 3,300 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were acquired at an average cost of $16.39 per share, with a total value of $54,087.00. Following the purchase, the director directly owned 11,300 shares of the company’s stock, valued at approximately $185,207. This trade represents a 41.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last three months, insiders bought 7,181 shares of company stock valued at $117,969. Insiders own 12.12% of the company’s stock.

Institutional Trading of First Us Bancsh

A hedge fund recently raised its stake in First Us Bancsh stock. Dimensional Fund Advisors LP increased its position in First Us Bancsh (NASDAQ:FUSB) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,060 shares of the financial services provider’s stock after buying an additional 720 shares during the quarter. Dimensional Fund Advisors LP owned 0.59% of First Us Bancsh worth $506,000 as of its most recent filing with the Securities & Exchange Commission. 18.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of First Us Bancsh from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

First Us Bancsh Company Profile

First US Bancshares, Inc (NASDAQ: FUSB) is a bank holding company headquartered in Birmingham, Alabama. Through its principal subsidiary, First US Bank, the company provides community banking services to individuals, families, businesses and nonprofit organizations.

First US Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, construction financing, business loans, consumer loans and lines of credit.