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

First US Bancshares (NASDAQ:FUSB) released its quarterly earnings results on Monday. The financial services provider reported $0.29 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 Stock Performance

NASDAQ FUSB opened at $12.63 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a fifty-two week low of $8.66 and a fifty-two week high of $14.30. The business has a fifty day moving average of $13.04 and a 200-day moving average of $11.73. The stock has a market cap of $72.22 million, a price-to-earnings ratio of 9.02 and a beta of 0.92.

First US Bancshares Increases Dividend

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