First Us Bancsh (NASDAQ:FUSB) Issues Earnings Results

by · The Markets Daily

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

First Us Bancsh Trading Up 0.6%

NASDAQ:FUSB traded up $0.08 on Wednesday, reaching $14.49. The company’s stock had a trading volume of 508 shares, compared to its average volume of 7,717. The stock has a 50 day moving average price of $13.85 and a 200 day moving average price of $13.00. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. The firm has a market cap of $83.61 million, a price-to-earnings ratio of 15.58 and a beta of 0.28. First Us Bancsh has a 12-month low of $10.30 and a 12-month high of $14.96.

First Us Bancsh Announces Dividend

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

Insiders Place Their Bets

In other First Us Bancsh news, Director Robert C. Field acquired 3,000 shares of the stock in a transaction dated Wednesday, November 26th. The stock was acquired at an average price of $13.59 per share, with a total value of $40,770.00. Following the completion of the purchase, the director owned 7,000 shares in the company, valued at $95,130. This trade represents a 75.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have purchased 11,310 shares of company stock valued at $153,954. 11.24% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Us Bancsh stock. Bank of America Corp DE grew its stake in shares of First Us Bancsh (NASDAQ:FUSB – Free Report) by 37.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,056 shares of the financial services provider’s stock after purchasing an additional 4,365 shares during the period. Bank of America Corp DE owned approximately 0.28% of First Us Bancsh worth $193,000 at the end of the most recent reporting period. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Read Our Latest Research Report on FUSB

First Us Bancsh Company Profile

(Get Free Report)

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.

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