Key Points
- Director Robert Field purchased 669 shares of First US Bancshares at an average price of $16.46, increasing his ownership by 5.04% to 13,943 shares.
- FUSB shares opened at $16.73, near their 52-week high of $16.99. The company reported quarterly EPS of $0.31 and revenue of $20.32 million.
- First US Bancshares declared a quarterly dividend of $0.07, equivalent to a 1.7% annual yield, while analysts maintained a consensus “Hold” rating.
First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Robert Field bought 669 shares of the business's stock in a transaction on Thursday, September 10th. The shares were purchased at an average cost of $16.46 per share, with a total value of $11,011.74. Following the transaction, the director owned 13,943 shares in the company, valued at approximately $229,501.78. The trade was a 5.04% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
First Us Bancsh Stock Up 1.6%
FUSB stock opened at $16.73 on Friday. The stock has a market capitalization of $91.99 million, a price-to-earnings ratio of 12.67 and a beta of 0.23. The company has a 50-day moving average of $16.54 and a two-hundred day moving average of $16.04. First Us Bancsh has a 52-week low of $11.59 and a 52-week high of $16.99. 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 posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.31 EPS for the quarter. First Us Bancsh had a return on equity of 7.41% and a net margin of 12.10%.The business had revenue of $20.32 million for the quarter.
First Us Bancsh Announces Dividend
The firm also recently declared 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 payout ratio is currently 21.21%.
Institutional Investors Weigh In On First Us Bancsh
Hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC increased its stake in First Us Bancsh by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider's stock valued at $821,000 after acquiring an additional 1,793 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of First Us Bancsh by 2.2% in 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. Bank of America Corp DE lifted its position in First Us Bancsh by 37.3% in the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider's stock worth $193,000 after purchasing an additional 4,365 shares during the period. Marble Wealth LLC acquired a new stake in shares of First Us Bancsh during the 4th quarter valued at about $214,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of First Us Bancsh by 100.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider's stock worth $152,000 after acquiring an additional 4,966 shares in the last quarter. Institutional investors own 18.74% of the company's stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued 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, Based on data from MarketBeat, the company has a consensus rating of "Hold".
View Our Latest Stock Analysis 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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