First Us Bancsh (NASDAQ:FUSB) to Issue $0.07 Quarterly Dividend

First Us Bancsh (NASDAQ:FUSB) declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Friday, June 12th will be given a dividend of 0.07 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, June 12th.

First Us Bancsh has raised its dividend by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 3 consecutive years.

First Us Bancsh Trading Down 1.6%

NASDAQ:FUSB opened at $15.85 on Thursday. The firm has a market cap of $88.28 million, a P/E ratio of 15.24 and a beta of 0.25. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. The stock’s 50 day simple moving average is $15.62 and its 200-day simple moving average is $14.71. First Us Bancsh has a 12-month low of $10.30 and a 12-month high of $16.50.

First Us Bancsh (NASDAQ:FUSB) last released its earnings results on Wednesday, April 29th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $19.27 million for the quarter. First Us Bancsh had a return on equity of 5.92% and a net margin of 9.65%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings 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 acquiring an additional 2,805 shares during the period. Daytona Street Capital LLC acquired a new position in First Us Bancsh during the fourth quarter worth $169,000. Bank of America Corp DE grew its holdings in First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 4,365 shares during the period. Marble Wealth LLC acquired a new position in First Us Bancsh during the fourth quarter worth $214,000. Finally, Dimensional Fund Advisors LP grew its holdings in First Us Bancsh by 2.2% during the first 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 period. Institutional investors and hedge funds own 18.74% of the company’s stock.

About First Us Bancsh

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.