First Us Bancsh (NASDAQ:FUSB) Director Buys $14,444.19 in Stock

Key Points

• Director Robert Field purchased 877 shares of First US Bancshares at an average price of $16.47, investing $14,444.19 and increasing his stake by 7.07% to 13,274 shares.
• FUSB shares fell 1.5% to $16.45, while the company reported quarterly EPS of $0.31 on revenue of $20.32 million. The stock carries a consensus “Hold” rating.
• First US Bancshares declared a quarterly dividend of $0.07 per share, equivalent to an annualized $0.28 payout and a 1.7% yield, with payment scheduled for October 1.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) Director Robert Field acquired 877 shares of the stock in a transaction on Wednesday, September 9th. The shares were purchased at an average price of $16.47 per share, for a total transaction of $14,444.19. Following the completion of the transaction, the director owned 13,274 shares in the company, valued at approximately $218,622.78. This represents a 7.07% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

First Us Bancsh Stock Down 1.5%

NASDAQ:FUSB traded down $0.25 during trading hours on Thursday, hitting $16.45. 4,334 shares of the stock traded hands, compared to its average volume of 9,686. The firm has a 50 day moving average price of $16.54 and a 200 day moving average price of $16.03. The firm has a market cap of $90.47 million, a price-to-earnings ratio of 12.46 and a beta of 0.23. First Us Bancsh has a fifty-two week low of $11.59 and a fifty-two week high of $16.99. The company has a current ratio of 0.90, a quick 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 29th. The financial services provider reported $0.31 EPS for the quarter. The business 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, September 11th. First Us Bancsh's dividend payout ratio is currently 21.21%.

Institutional Trading of First Us Bancsh

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of First Us Bancsh by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider's stock valued at $821,000 after purchasing an additional 1,793 shares in the last quarter. Dimensional Fund Advisors LP lifted its position 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 worth $506,000 after buying an additional 720 shares during the last quarter. Bank of America Corp DE lifted its position in shares of 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 buying an additional 4,365 shares during the last quarter. Marble Wealth LLC bought a new stake in shares of First Us Bancsh during the 4th quarter worth about $214,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of First Us Bancsh by 100.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider's stock valued at $152,000 after acquiring an additional 4,966 shares during the last quarter. 18.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, According to MarketBeat, First Us Bancsh presently has a consensus rating of "Hold".

About First Us Bancsh

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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