First Us Bancsh (NASDAQ:FUSB) Posts Quarterly Earnings Results

First Us Bancsh (NASDAQ:FUSB) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.31 EPS for the quarter, FiscalAI reports. The firm had revenue of $20.32 million for the quarter. First Us Bancsh had a return on equity of 7.40% and a net margin of 12.10%.

First Us Bancsh Trading Down 0.7%

FUSB traded down $0.12 on Friday, hitting $16.70. The company had a trading volume of 3,284 shares, compared to its average volume of 4,435. The company’s fifty day moving average price is $16.41 and its 200 day moving average price is $15.70. First Us Bancsh has a 1 year low of $10.30 and a 1 year high of $16.99. 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 firm has a market cap of $93.05 million, a P/E ratio of 12.66 and a beta of 0.22.

First Us Bancsh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, June 12th. First Us Bancsh’s dividend payout ratio (DPR) is presently 21.21%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research note on Friday, July 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, First Us Bancsh has an average rating of “Hold”.

Institutional Investors Weigh In On First Us Bancsh

Institutional investors have recently made changes to their positions in the stock. Marble Wealth LLC acquired a new position in shares of First Us Bancsh in the 4th quarter worth approximately $214,000. Daytona Street Capital LLC purchased a new stake in First Us Bancsh in the fourth quarter valued at approximately $169,000. EverSource Wealth Advisors LLC raised its position in First Us Bancsh by 100.0% in the first quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 4,966 shares during the period. Bank of America Corp DE lifted its stake 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 purchasing an additional 4,365 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of First Us Bancsh by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider’s stock worth $821,000 after buying an additional 1,793 shares during the period. 18.74% of the stock is currently 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.