First Us Bancsh (NASDAQ:FUSB) Releases Earnings Results

Key Points

• FIRST US Bancshares reported a quarterly earnings per share (EPS) of $0.03 with a return on equity of 7.99% and a net margin of 12.72%.
• The company's stock price increased by 3.2% to $13.25, with a market capitalization of $76.18 million.
• FIRST US Bancshares declared a quarterly dividend of $0.07, reflecting a 2.11% yield and a payout ratio of 21.88%.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) released its earnings results on Wednesday. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. First Us Bancsh had a net margin of 9.47% and a return on equity of 5.90%. The company had revenue of $10.32 million during the quarter.

First Us Bancsh Stock Performance

FUSB traded down $0.22 during trading on Friday, reaching $12.96. 3,850 shares of the company's stock were exchanged, compared to its average volume of 1,923. First Us Bancsh has a 1 year low of $9.80 and a 1 year high of $14.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market capitalization of $74.52 million, a P/E ratio of 13.36 and a beta of 0.55. The company's fifty day simple moving average is $12.86 and its 200-day simple moving average is $12.95.

First Us Bancsh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, June 13th. First Us Bancsh's dividend payout ratio is currently 28.87%.

First Us Bancsh Company Profile

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.