First Us Bancsh (FUSB) to Issue Quarterly Dividend of $0.07 on October 1st

First Us Bancsh (NASDAQ:FUSB) announced a quarterly dividend on Wednesday, August 26th. Shareholders of record on Friday, September 11th will be paid a dividend of 0.07 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, September 11th.

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

First Us Bancsh Trading Down 0.1%

NASDAQ:FUSB opened at $16.47 on Wednesday. First Us Bancsh has a 52 week low of $11.59 and a 52 week high of $16.99. The firm has a 50-day moving average price of $16.54 and a two-hundred day moving average price of $16.02. 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 firm has a market cap of $90.58 million, a price-to-earnings ratio of 12.48 and a beta of 0.23.

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

Insider Buying and Selling at First Us Bancsh

In related news, Director Robert C. Field bought 3,300 shares of First Us Bancsh stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average cost of $16.39 per share, with a total value of $54,087.00. Following the transaction, the director directly owned 11,300 shares of the company’s stock, valued at approximately $185,207. The trade was a 41.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 5,113 shares of company stock worth $83,920. 12.12% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On First Us Bancsh

Several institutional investors have recently bought and sold shares of FUSB. Geode Capital Management LLC grew its holdings in First Us Bancsh by 2.8% during the second 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 period. Bank of America Corp DE grew its stake in shares of First Us Bancsh by 37.3% during the 3rd 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. EverSource Wealth Advisors LLC grew its stake in shares of First Us Bancsh by 129.8% during the 4th 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. Marble Wealth LLC purchased a new stake in First Us Bancsh in the 4th quarter worth about $214,000. Finally, Dimensional Fund Advisors LP increased its holdings 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 worth $506,000 after acquiring an additional 720 shares during the last quarter. Hedge funds and other institutional investors 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.