First Us Bancsh's (FUSB) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• The stock of First US Bancshares (FUSB) has had its "hold (c)" rating confirmed by Weiss Ratings, indicating a stable outlook amid current market conditions.
• First US Bancshares reported a net margin of 9.47% and a return on equity of 5.86% for the recent quarter, with earnings of $0.03 per share.
• Institutional investors, including Gendell Jeffrey L, have increased their stake in First US Bancshares by 4.2%, now holding 18.74% of the company's stock.

First Us Bancsh (NASDAQ:FUSB - Get Free Report)'s stock had its "hold (c)" rating restated by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

First Us Bancsh Stock Down 1.2%

FUSB stock opened at $12.31 on Wednesday. The company has a market cap of $70.88 million, a PE ratio of 12.69 and a beta of 0.42. The business has a 50-day simple moving average of $12.23 and a 200 day simple moving average of $12.65. First Us Bancsh has a 52 week low of $10.30 and a 52 week high of $14.30. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.11.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $0.03 EPS for the quarter. The firm had revenue of $10.32 million during the quarter. First Us Bancsh had a return on equity of 5.86% and a net margin of 9.47%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Us Bancsh stock. Gendell Jeffrey L grew its holdings in shares of First Us Bancsh (NASDAQ:FUSB - Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 377,741 shares of the financial services provider's stock after acquiring an additional 15,301 shares during the quarter. Gendell Jeffrey L owned 6.56% of First Us Bancsh worth $4,873,000 at the end of the most recent quarter. Institutional investors own 18.74% of the company's stock.

About First Us Bancsh

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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