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First Us Bancsha - FUSB STOCK NEWS

Welcome to our dedicated page for First Us Bancsha news (Ticker: FUSB), a resource for investors and traders seeking the latest updates and insights on First Us Bancsha stock.

First US Bancshares, Inc. (FUSB), a community-focused bank holding company since 1952, provides essential commercial and personal banking services across Alabama, Tennessee, and Virginia. This page serves as your centralized source for all official FUSB news, offering investors and stakeholders timely updates on the company developments that matter most.

Access press releases and financial news covering earnings reports, strategic initiatives, leadership updates, and regulatory filings. Our curated collection ensures you stay informed about FUSB’s loan portfolio updates, deposit growth strategies, and risk management practices without needing to search multiple sources.

Discover updates on key banking operations, including interest income trends, investment securities allocations, and community partnership announcements. All content is organized for quick scanning while maintaining compliance with financial disclosure standards.

Bookmark this page or check back regularly to monitor FUSB’s evolving position in the regional banking sector. For historical context, review our archive of announcements detailing the company’s commitment to financial stability and customer-centric services.

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First US Bancshares, Inc. reported solid first-quarter earnings for 2024, with a net income of $2.1 million and diluted earnings per share of $0.34. The company experienced a slight decrease in net interest income compared to the previous quarter but managed to maintain strong balance sheet positioning despite a volatile economic environment. Loan growth, deposit shifts, asset deployment, and regulatory capital ratios were key highlights of the report, showcasing the company's resilience and strategic initiatives.
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First US Bancshares, Inc. (FUSB) declares a cash dividend of $0.05 per share, marking the thirty-ninth consecutive quarter of dividend payments. The dividend is payable on April 1, 2024, to shareholders of record on March 8, 2024. President and CEO James F. House emphasizes the commitment to rewarding shareholders and maintaining a strong capital base.
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First US Bancshares, Inc. (Nasdaq: FUSB) reported net income of $2.3 million for the quarter ended December 31, 2023, with a 25.5% increase in diluted earnings per share for the year. Loans to deposits ratio stood at 86.5%, indicating a strong balance sheet. The company's strategic initiatives led to improved asset quality and operating efficiency.
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First US Bancshares, Inc. (Nasdaq: FUSB) Extends Share Repurchase Program: First US Bancshares, Inc. announces the extension of its existing share repurchase program, with 596,813 shares remaining available for repurchase. The program, previously set to expire on December 31, 2023, has been extended to expire on December 31, 2024. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program. Share repurchases may be made through open market or privately negotiated transactions, subject to regulatory requirements.
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First US Bancshares, Inc. (Nasdaq: FUSB) declares a cash dividend of $0.05 per share, payable on January 2, 2024, to shareholders of record at the close of business on December 8, 2023. President and CEO, James F. House, expressed satisfaction in the 38th consecutive quarterly dividend and emphasized the company's commitment to rewarding shareholders while maintaining a strong capital base.
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First US Bancshares reports net income of $2.1 million for Q3 2023, an increase of 36.6% compared to Q3 2022. Diluted earnings per share also increased by 13.8%.
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First US Bancshares, Inc. (Nasdaq: FUSB) has declared a cash dividend of $0.05 per share. The dividend is payable on October 2, 2023, to shareholders of record at the close of business on September 8, 2023. This marks the thirty-seventh consecutive quarter of dividend payments.
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First US Bancshares, Inc. (Nasdaq: FUSB) reported net income of $2.0 million, or $0.31 per diluted share, for the quarter ended June 30, 2023, compared to $2.1 million, or $0.33 per diluted share, for the previous quarter. Net income for the six months ended June 30, 2023, totaled $4.1 million, an increase of 52.4% on diluted earnings per share compared to the same period in 2022.
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First US Bancshares, Inc. (Nasdaq: FUSB) has declared a cash dividend of $0.05 per share. The dividend is payable on July 3, 2023, to shareholders of record at the close of business on June 9, 2023. This marks the thirty-sixth consecutive quarter with a dividend.
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First US Bancshares, Inc. (Nasdaq: FUSB) reported a net income of $2.1 million, or $0.33 per diluted share, for Q1 2023, marking a 5.7% decrease from Q4 2022 ($2.2 million) but a 65% increase from Q1 2022 ($1.4 million). Total assets grew to $1.026 billion, with total loans rising 0.3% to $775.9 million. The company improved its credit quality, reducing net charge-offs to 0.11% of average loans and nonperforming assets to 0.18% of total assets. However, net interest income fell 4.6% due to higher interest expense and fewer earning days. First US Bank maintains good liquidity with a Tier 1 leverage ratio of 9.30% and continues to navigate economic challenges while enhancing its capital position. A cash dividend of $0.05 per share was declared, consistent with Q4 2022.

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First Us Bancsha

Nasdaq:FUSB

FUSB Rankings

FUSB Stock Data

72.19M
4.77M
15.45%
17.67%
0.12%
Banks - Regional
State Commercial Banks
Link
United States
BIRMINGHAM