First US Bancshares (NASDAQ:FUSB) Releases Quarterly Earnings Results

First US Bancshares (NASDAQ:FUSB) announced its earnings results on Monday. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, Zacks reports. First US Bancshares had a net margin of 14.25% and a return on equity of 9.31%.

First US Bancshares Trading Up 1.0 %

Shares of FUSB stock opened at $12.63 on Tuesday. The business’s fifty day moving average price is $13.04 and its 200 day moving average price is $11.73. The firm has a market capitalization of $72.22 million, a PE ratio of 9.02 and a beta of 0.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. First US Bancshares has a 1-year low of $8.66 and a 1-year high of $14.30.

First US Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Friday, December 13th. This is a positive change from First US Bancshares’s previous quarterly dividend of $0.05. First US Bancshares’s payout ratio is currently 20.00%.

About First US Bancshares

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.