First US Bancshares (NASDAQ:FUSB) Releases Earnings Results

First US Bancshares (NASDAQ:FUSB) posted its earnings results on Monday. The financial services provider reported $0.29 earnings per share for the quarter, Zacks reports. First US Bancshares had a net margin of 14.25% and a return on equity of 9.31%.

First US Bancshares Price Performance

Shares of First US Bancshares stock opened at $12.75 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a 12 month low of $8.66 and a 12 month high of $14.30. The stock has a 50 day moving average of $13.05 and a 200 day moving average of $11.75. The firm has a market cap of $72.93 million, a PE ratio of 9.11 and a beta of 0.92.

First US Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were given a $0.07 dividend. This is an increase from First US Bancshares’s previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Friday, December 13th. First US Bancshares’s payout ratio is currently 20.00%.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.