Insider Buying: First Us Bancsh (NASDAQ:FUSB) Director Acquires $11,011.74 in Stock

First Us Bancsh (NASDAQ:FUSB) Director Robert Field purchased 669 shares of First Us Bancsh stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of $16.46 per share, for a total transaction of $11,011.74. Following the transaction, the director directly owned 13,943 shares in the company, valued at $229,501.78. This represents a 5.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

First Us Bancsh Stock Performance

Shares of FUSB opened at $16.73 on Monday. First Us Bancsh has a 1 year low of $11.59 and a 1 year high of $16.99. The stock has a market capitalization of $91.99 million, a PE ratio of 12.67 and a beta of 0.23. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a 50-day simple moving average of $16.54 and a 200-day simple moving average of $16.05.

First Us Bancsh (NASDAQ:FUSB) last released its earnings results on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.41%. The firm had revenue of $20.32 million for the quarter.

First Us Bancsh Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. First Us Bancsh’s dividend payout ratio is currently 21.21%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Trading of First Us Bancsh

A number of large investors have recently made changes to their positions in FUSB. EverSource Wealth Advisors LLC increased its position in First Us Bancsh by 129.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock worth $69,000 after buying an additional 2,805 shares during the period. Marble Wealth LLC acquired a new position in shares of First Us Bancsh in the 4th quarter valued at $214,000. Bank of America Corp DE increased its holdings in shares of First Us Bancsh by 37.3% in 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. Dimensional Fund Advisors LP raised its position in First Us Bancsh by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock valued at $506,000 after purchasing an additional 720 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 1,526 shares during the last quarter. 18.74% of the stock is owned by institutional investors and hedge funds.

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.