Key Points
- Director Robert Field purchased 877 First Us Bancsh shares at $16.47 each, investing $14,444.19 and increasing his ownership by 7.07% to 13,274 shares.
- FUSB shares opened at $16.59, with a $91.25 million market capitalization and a 52-week range of $11.59 to $16.99. The company recently reported quarterly earnings of $0.31 per share on $20.32 million in revenue.
- First Us Bancsh declared a quarterly dividend of $0.07 per share, equating to an annualized $0.28 dividend and a 1.7% yield. Analysts and Weiss Ratings maintain a Hold view, while institutional investors own 18.74% of the stock.
First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Robert Field acquired 877 shares of First Us Bancsh stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average cost of $16.47 per share, with a total value of $14,444.19. Following the completion of the purchase, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
First Us Bancsh Stock Down 0.7%
Shares of FUSB stock opened at $16.59 on Friday. The company has a market capitalization of $91.25 million, a price-to-earnings ratio of 12.57 and a beta of 0.23. First Us Bancsh has a one year low of $11.59 and a one year high of $16.99. The company's fifty day moving average price is $16.54 and its 200-day moving average price is $16.04. 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 - Get Free Report) last released its earnings results on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share for the quarter. The company had revenue of $20.32 million for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.41%.
First Us Bancsh Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. First Us Bancsh's dividend payout ratio is 21.21%.
Hedge Funds Weigh In On First Us Bancsh
Several institutional investors have recently bought and sold shares of FUSB. EverSource Wealth Advisors LLC increased its holdings in First Us Bancsh by 129.8% in 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 last quarter. Marble Wealth LLC bought a new position in shares of First Us Bancsh during the 4th quarter valued at about $214,000. Bank of America Corp DE grew its position in shares of 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 grew its position in shares of 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 increased its holdings in shares of 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 worth $735,000 after purchasing an additional 1,526 shares during the last quarter. 18.74% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "hold (c)" rating on shares of First Us Bancsh in a research note on Friday, July 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, First Us Bancsh currently has a consensus rating of "Hold".
Check Out Our Latest Stock Report on First Us Bancsh
First Us Bancsh Company Profile
(
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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