Key Points
- Director Robert Field purchased 3,300 First US Bancshares shares at an average price of $16.39, investing $54,087 and increasing his holdings by 41.25% to 11,300 shares.
- First US Bancshares reported quarterly EPS of $0.31 on revenue of $20.32 million, while the stock traded near $16.55 and remained within its 52-week range of $11.10 to $16.99.
- The company declared a quarterly dividend of $0.07 per share, equivalent to an annualized $0.28 payout and a 1.7% yield. Analysts maintain a consensus “Hold” rating.
First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Robert Field bought 3,300 shares of the firm's stock in a transaction on Tuesday, September 1st. The shares were bought at an average price of $16.39 per share, with a total value of $54,087.00. Following the completion of the purchase, the director owned 11,300 shares in the company, valued at approximately $185,207. The trade was a 41.25% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
First Us Bancsh Price Performance
NASDAQ FUSB opened at $16.55 on Friday. The business's fifty day moving average price is $16.56 and its 200-day moving average price is $15.99. The stock has a market capitalization of $91.03 million, a price-to-earnings ratio of 12.54 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 has a 1-year low of $11.10 and a 1-year high of $16.99.
First Us Bancsh (NASDAQ:FUSB - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.31 EPS for the quarter. The company had revenue of $20.32 million during the quarter. First Us Bancsh had a return on equity of 7.41% and a net margin of 12.10%.
First Us Bancsh Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 11th. First Us Bancsh's dividend payout ratio (DPR) is presently 21.21%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of FUSB. EverSource Wealth Advisors LLC grew its position in shares of First Us Bancsh by 129.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider's stock valued at $69,000 after acquiring an additional 2,805 shares during the period. Marble Wealth LLC bought a new position in First Us Bancsh in the 4th quarter worth $214,000. Bank of America Corp DE lifted its position 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 purchasing an additional 4,365 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in First Us Bancsh by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider's stock valued at $506,000 after purchasing an additional 720 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider's stock valued at $735,000 after purchasing an additional 1,526 shares during the period. Hedge funds and other institutional investors own 18.74% of the company's stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of First Us Bancsh in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, First Us Bancsh has an average rating of "Hold".
Get Our Latest Report on FUSB
About First Us Bancsh
(
Get Free Report)
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.
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