First Us Bancsh (NASDAQ:FUSB) Director Robert Field Acquires 669 Shares
by Danessa Lincoln · The Markets DailyFirst Us Bancsh (NASDAQ:FUSB – Get Free Report) Director Robert Field acquired 669 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average cost of $16.46 per share, with a total value of $11,011.74. Following the purchase, the director directly owned 13,943 shares in the company, valued at approximately $229,501.78. This trade represents a 5.04% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
First Us Bancsh Trading Up 1.6%
NASDAQ FUSB opened at $16.73 on Friday. The firm’s 50 day moving average price is $16.54 and its two-hundred day moving average price is $16.04. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 0.90. First Us Bancsh has a twelve month low of $11.59 and a twelve month high of $16.99. The stock has a market cap of $91.99 million, a price-to-earnings ratio of 12.67 and a beta of 0.23.
First Us Bancsh (NASDAQ:FUSB – Get Free Report) last released its earnings results on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. First Us Bancsh had a return on equity of 7.41% and a net margin of 12.10%.The company had revenue of $20.32 million during the quarter.
First Us Bancsh Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. First Us Bancsh’s dividend payout ratio (DPR) is presently 21.21%.
Hedge Funds Weigh In On First Us Bancsh
Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its stake 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 worth $152,000 after acquiring an additional 4,966 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in First Us Bancsh by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock worth $506,000 after purchasing an additional 720 shares during the period. Marble Wealth LLC bought a new stake in First Us Bancsh during the fourth quarter worth approximately $214,000. Geode Capital Management LLC grew its holdings in First Us Bancsh by 3.1% during the fourth 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 during the last quarter. Finally, Bank of America Corp DE grew its holdings in First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 4,365 shares during the last quarter. 18.74% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Us Bancsh in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Check Out Our Latest Stock Report on First Us Bancsh
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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