First Us Bancsh (NASDAQ:FUSB) Director Acquires $54,087.00 in Stock

First Us Bancsh (NASDAQ:FUSB) Director Robert Field purchased 3,300 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was bought at an average price of $16.39 per share, for a total transaction of $54,087.00. Following the transaction, the director directly owned 11,300 shares of the company’s stock, valued at $185,207. This trade represents a 41.25% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

First Us Bancsh Price Performance

FUSB stock traded up $0.14 during midday trading on Thursday, reaching $16.59. The company had a trading volume of 2,308 shares, compared to its average volume of 9,728. First Us Bancsh has a 1-year low of $11.10 and a 1-year high of $16.99. The stock has a 50 day moving average price of $16.55 and a 200-day moving average price of $15.99. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $91.22 million, a price-to-earnings ratio of 12.56 and a beta of 0.23.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.41%. The firm had revenue of $20.32 million for the quarter.

First Us Bancsh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, September 11th. First Us Bancsh’s dividend payout ratio is 21.21%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Us Bancsh in a research note on Friday, July 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Institutional Trading of First Us Bancsh

Several large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its position in First Us Bancsh by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock valued at $506,000 after acquiring an additional 720 shares during the period. Geode Capital Management LLC lifted its holdings in shares of First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after purchasing an additional 1,526 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of First Us Bancsh by 129.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock worth $69,000 after purchasing an additional 2,805 shares during the period. Bank of America Corp DE grew its stake 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 purchasing an additional 4,365 shares during the last quarter. Finally, Marble Wealth LLC bought a new stake in shares of First Us Bancsh in the fourth quarter worth $214,000. 18.74% of the stock is owned by institutional investors and hedge funds.

First Us Bancsh Company Profile

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.