Robert Field Purchases 1,000 Shares of First Us Bancsh (NASDAQ:FUSB) Stock

Key Points

  • Director Robert Field bought 1,000 shares of First US Bancshares (NASDAQ: FUSB) on Dec. 1 at $13.61 each, spending $13,610 and increasing his ownership to 8,000 shares (a 14.29% rise).
  • Company financials & dividend: FUSB trades around $13.70 (52‑week range $10.30–$14.30) with a ~$79M market cap and 14.7 P/E; it reported $0.32 EPS for the quarter and declared a $0.07 quarterly dividend (2.0% yield, ex‑dividend Dec. 12, payable Jan. 2).

First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Robert Field purchased 1,000 shares of the business's stock in a transaction dated Monday, December 1st. The stock was purchased at an average price of $13.61 per share, for a total transaction of $13,610.00. Following the completion of the acquisition, the director owned 8,000 shares of the company's stock, valued at approximately $108,880. This represents a 14.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

First Us Bancsh Stock Up 1.8%

NASDAQ:FUSB opened at $13.70 on Wednesday. The stock has a 50-day simple moving average of $12.88 and a 200 day simple moving average of $12.69. First Us Bancsh has a 52-week low of $10.30 and a 52-week high of $14.30. The company has a market cap of $79.05 million, a PE ratio of 14.73 and a beta of 0.29. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.90 and a current ratio of 0.90.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.32 earnings per share for the quarter. The firm had revenue of $10.52 million during the quarter. First Us Bancsh had a return on equity of 5.49% and a net margin of 8.98%.

First Us Bancsh Dividend Announcement




The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Friday, December 12th will be issued a dividend of $0.07 per share. The ex-dividend date is Friday, December 12th. This represents a $0.28 annualized dividend and a yield of 2.0%. First Us Bancsh's dividend payout ratio is presently 30.11%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FUSB. Bank of America Corp DE raised its holdings in shares of 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 period. Gendell Jeffrey L increased its position in First Us Bancsh by 4.2% during the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider's stock worth $4,873,000 after buying an additional 15,301 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in First Us Bancsh by 2.8% in the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider's stock valued at $735,000 after buying an additional 1,526 shares during the period. Institutional investors own 18.74% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of First Us Bancsh in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold".

Read Our Latest Analysis on First Us Bancsh

First Us Bancsh Company Profile

(Get Free Report)

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.

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