First Us Bancsh (NASDAQ:FUSB) Director Acquires $14,444.19 in Stock

First Us Bancsh (NASDAQ:FUSB) Director Robert Field bought 877 shares of First Us Bancsh stock in a transaction on Wednesday, September 9th. The shares were acquired at an average price of $16.47 per share, for a total transaction of $14,444.19. Following the completion of the acquisition, the director owned 13,274 shares of the company’s stock, valued at approximately $218,622.78. This represents a 7.07% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

First Us Bancsh Stock Up 1.6%

Shares of First Us Bancsh stock opened at $16.73 on Friday. First Us Bancsh has a 1 year low of $11.59 and a 1 year high of $16.99. The business has a 50-day moving average of $16.54 and a two-hundred day moving average of $16.04. The company has a market capitalization of $91.99 million, a P/E ratio of 12.67 and a beta of 0.23. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.90 and a quick ratio of 0.90.

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

First Us Bancsh Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 11th. First Us Bancsh’s dividend payout ratio is presently 21.21%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC boosted its position in First Us Bancsh by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after acquiring an additional 1,526 shares during the last quarter. Bank of America Corp DE lifted its stake in First Us Bancsh by 37.3% in 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. 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 purchasing an additional 2,805 shares during the period. Marble Wealth LLC acquired a new position in First Us Bancsh during the fourth quarter worth approximately $214,000. Finally, Dimensional Fund Advisors LP raised its stake in First Us Bancsh by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock valued at $506,000 after buying an additional 720 shares during the period. 18.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Us Bancsh in a report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, First Us Bancsh currently has an average rating of “Hold”.

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.