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

First Us Bancsh (NASDAQ:FUSB) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Friday, March 13th will be given a dividend of 0.07 per share by the financial services provider on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, March 13th.

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

First Us Bancsh Stock Down 0.2%

FUSB traded down $0.04 during trading on Thursday, reaching $15.23. 189 shares of the stock were exchanged, compared to its average volume of 7,717. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market cap of $87.85 million, a P/E ratio of 15.23 and a beta of 0.27. First Us Bancsh has a twelve month low of $10.30 and a twelve month high of $15.99. The stock’s 50 day moving average price is $14.50 and its two-hundred day moving average price is $13.35.

First Us Bancsh (NASDAQ:FUSB) last released its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $0.36 earnings per share for the quarter. The business had revenue of $19.84 million during the quarter. First Us Bancsh had a net margin of 9.51% and a return on equity of 5.85%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of 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 last quarter. Gendell Jeffrey L grew its stake in shares of First Us Bancsh by 4.2% during the 2nd quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after purchasing an additional 15,301 shares during the period. Bank of America Corp DE increased its position 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 valued at $193,000 after purchasing an additional 4,365 shares during the last quarter. Daytona Street Capital LLC bought a new position in First Us Bancsh in the fourth quarter worth approximately $169,000. Finally, EverSource Wealth Advisors LLC boosted 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 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.