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

First Us Bancsh (NASDAQ:FUSB) issued its earnings results on Wednesday. The financial services provider reported $0.31 EPS for the quarter, FiscalAI reports. The business had revenue of $20.32 million for the quarter. First Us Bancsh had a net margin of 9.65% and a return on equity of 5.92%.

First Us Bancsh Stock Performance

FUSB stock opened at $16.50 on Thursday. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $16.99. The business has a 50-day moving average price of $16.39 and a 200 day moving average price of $15.68. The company has a market capitalization of $91.91 million, a P/E ratio of 15.87 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89.

First Us Bancsh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, June 12th. First Us Bancsh’s payout ratio is presently 26.92%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Marble Wealth LLC purchased a new stake in shares of First Us Bancsh in the 4th quarter worth approximately $214,000. Daytona Street Capital LLC purchased a new position in First Us Bancsh during the fourth quarter valued at approximately $169,000. EverSource Wealth Advisors LLC increased its holdings in First Us Bancsh by 100.0% during the first quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider’s stock valued at $152,000 after buying an additional 4,966 shares during the period. Bank of America Corp DE increased 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 valued at $193,000 after buying an additional 4,365 shares during the period. Finally, Geode Capital Management LLC raised its stake in First Us Bancsh by 3.1% in 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 in the last quarter. Hedge funds and other institutional investors own 18.74% of the company’s stock.

Analyst Upgrades and Downgrades

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