First Us Bancsh (NASDAQ:FUSB) Announces Earnings Results

First Us Bancsh (NASDAQ:FUSB) announced its earnings results on Wednesday. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.49%. The business had revenue of $19.84 million during the quarter.

First Us Bancsh Trading Up 0.6%

First Us Bancsh stock traded up $0.08 during mid-day trading on Wednesday, hitting $14.49. The company’s stock had a trading volume of 508 shares, compared to its average volume of 7,717. The business has a 50 day moving average price of $13.85 and a 200-day moving average price of $13.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90. First Us Bancsh has a 12 month low of $10.30 and a 12 month high of $14.96. The stock has a market cap of $83.61 million, a price-to-earnings ratio of 15.58 and a beta of 0.28.

First Us Bancsh Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, December 12th. First Us Bancsh’s dividend payout ratio (DPR) is presently 30.11%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Insider Activity at First Us Bancsh

In related news, Director Robert C. Field bought 4,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of $13.71 per share, with a total value of $54,840.00. Following the purchase, the director owned 4,000 shares in the company, valued at approximately $54,840. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders bought a total of 11,310 shares of company stock valued at $153,954 in the last quarter. 11.24% of the stock is currently owned by insiders.

Hedge Funds Weigh In On First Us Bancsh

A hedge fund recently raised its stake in First Us Bancsh stock. Bank of America Corp DE raised its position in shares of First Us Bancsh (NASDAQ:FUSB) by 37.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,056 shares of the financial services provider’s stock after acquiring an additional 4,365 shares during the quarter. Bank of America Corp DE owned approximately 0.28% of First Us Bancsh worth $193,000 at the end of the most recent quarter. 18.74% of the stock is owned by institutional investors.

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.